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, neighbouring Perambur has seen a significant appreciation of 14.79% to reach ₹9,500 per sq ft, while Anna Nagar West commands a premium at ₹15,550 per sq ft, having appreciated by 4.91%. Conversely, areas like Mogappair have experienced a depreciation of 8.19% to reach ₹6,600 per sq ft, and Mogappair West has seen a more pronounced depreciation of 15.46% to reach ₹8,650 per sq ft, reflecting the diverse price movements across these Chennai micro-markets.

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 previous periods. In contrast, Under Construction projects in the area are currently priced at ₹5,900 per sq ft, showing stable pricing with a 0% change. This price gap often reflects the premium buyers pay for immediate possession and the lower entry point typically associated with under-construction inventory.

Apartment prices in Erumaiyur have shown positive momentum, with the average price reaching ₹7,250 per sq ft as of June 2026. This reflects an appreciation of 4.21% in the segment, signaling steady demand for apartment-style living in this locality.

As of June 2026, several key projects in Erumaiyur show varying price points. Casa Grande Madhavaram and Casagrand Northern Star are both listed at ₹7,200 per sq ft, with the former seeing a depreciation of 2.36% and the latter a depreciation of 14.23% over the observed period. AP Achalendra is listed at ₹6,850 per sq ft with stable pricing (0% change), while Sidharth Crown is currently priced at ₹5,900 per sq ft, having experienced a depreciation of 21.82%.

While specific rental data for Erumaiyur is currently limited, surrounding areas like Nungambakkam provide a benchmark for the broader region. As of June 2026, the average rental rate in Nungambakkam is ₹50 per sq ft, which has seen a depreciation of 27.54% compared to previous cycles, suggesting a softening in rental demand in that specific high-value micro-market.

A buyer should look at the price stability in Erumaiyur, where the average asking price of ₹7,250 per sq ft has remained flat as of June 2026. While the micromarket rate has fluctuated—moving from ₹10,000 per sq ft in December 2025 to ₹11,800 per sq ft in June 2026—the stability in the local asking price suggests a balanced market where demand and supply are currently well-aligned, offering a relatively predictable environment for property acquisition.