Property Rates in erumaiyur, Chennai 2026

Property prices in Erumaiyur, currently at ₹7,250 per sq ft, sit in the mid-range when compared to surrounding areas. For instance, Perambur commands a higher average of ₹9,500 per sq ft, having appreciated by 14.79% over the observed period, while Kolathur offers a more accessible entry point at ₹6,700 per sq ft, which has seen an appreciation of 6.89%. Other nearby areas like Anna Nagar West are significantly more premium at ₹15,550 per sq ft, reflecting a 4.91% appreciation, whereas Mogappair has seen a depreciation of 8.19% to reach ₹6,600 per sq ft.

As of June 2026, Ready To Move properties in Erumaiyur are priced at an average of ₹7,100 per sq ft, which reflects a depreciation of 6.05% compared to the previous period. In contrast, Under Construction projects are currently listed at ₹5,900 per sq ft, maintaining a stable price point with 0% change. This price gap often reflects the premium buyers are willing to pay for immediate possession versus the potential capital appreciation benefits associated with investing in under-construction inventory.

Apartment prices in Erumaiyur have shown positive momentum, with an average price of ₹7,250 per sq ft as of June 2026, representing an appreciation of 4.21% over the measured period. This upward trend suggests a resilient demand for residential apartments in the locality, making it a noteworthy area for those looking at long-term capital growth in the Chennai residential market.

As of June 2026, premium residential options in Erumaiyur include Casa Grande Madhavaram and Casagrand Northern Star, both currently listed at ₹7,200 per sq ft. Casa Grande Madhavaram has seen a depreciation of 2.36%, while Casagrand Northern Star has experienced a more significant depreciation of 14.23% during the comparison period. Other notable projects include AP Achalendra, priced at ₹6,850 per sq ft with stable pricing, and Sidharth Crown, which is currently at ₹5,900 per sq ft following a 21.82% depreciation.

The rental market in the broader region shows varied performance, with areas like Nungambakkam recording an average rental rate of ₹50 per sq ft as of June 2026. This rate has seen a depreciation of 27.54% over the observed period, which may indicate a correction in rental demand or an increase in available inventory. Investors should monitor these rental trends closely, as they provide essential context for calculating potential rental yields when evaluating property purchases in the vicinity of Erumaiyur.