Average Asking Price in Kelambakkam
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Chengalpattu's average asking price is stable quarter-on-quarter.
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GCCis experiencing increasing cash flow constraints, with its overall deficit reaching Rs 1,970 crore in the 2025-26 financial year. This fiscal gap is driven by civic infrastructure expansion and maintenance commitments, potentially affecting the pace of development projects and the provision of essential services.
Chennai Metro Rail Limited (CMRL) has invited bids for a Detailed Project Report (DPR) to extend the metro line from Kilambakkam to Chengalpattu. This extension aims to improve connectivity to Chennai's southern suburbs and support the increasing number of commuters, potentially easing traffic along the Grand Southern Trunk Road.
Central authorities have granted approval for the Chennai Airport to Kilambakkam metro rail project, a significant expansion of the city's rapid transit network. Chennai Metro Rail Limited (CMRL) will be the implementing agency for this corridor, linking the international airport with the southern suburbs.

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*Real Estate (Regulation & Development) Act, 2016.