Kelambakkam Property Rates — ₹5,700/sq ft, +6.29%

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Property rates in Kelambakkam average ₹5,700 per sq ft. This current pricing remains steady compared to the previous quarter, following a period of growth from ₹4,850 per sq ft in late 2025. The local market maintains a consistent appeal, supported by diverse residential options. Buyers looking for value will find a wide range of projects, including both established ready-to-move homes and emerging new launches that cater to modern urban living requirements in Chennai.

Insights

Insights for Kelambakkam, Chennai Real Estate Market Overview

Kelambakkam serves as a key residential hub in Chennai, offering a balanced mix of ready-to-move and under-construction properties. The market has shown price resilience, with current rates holding at ₹5,700 per sq ft. Rental activity in the broader region remains active, with areas like Sholinganallur seeing average rental rates around ₹100 per sq ft. Developers continue to introduce new inventory, ensuring that the supply matches the evolving housing demand in this growing corridor.

Residential property prices in Kelambakkam have stabilized at ₹5,700 per sq ft after consistent growth throughout 2025.
New launch projects are currently priced at an average of ₹6,200 per sq ft, reflecting premium positioning.
Ready-to-move apartments offer an entry point at ₹5,150 per sq ft, ideal for immediate occupancy.
Under-construction inventory has seen a healthy price increase of 5.5%, reaching an average of ₹5,650 per sq ft.
Sholinganallur, a key neighboring micromarket, maintains a strong rental benchmark of ₹100 per sq ft.

Market Strengths

Consistent price growth from ₹4,850 per sq ft in late 2025 to ₹5,700 per sq ft today.
Strong performance in under-construction segments with a 5.5% increase.
Diverse price points ranging from ₹5,150 per sq ft to ₹9,200 per sq ft across different projects.
Established premium projects like Mantri Group Synergy 2 setting high value benchmarks.
Healthy rental benchmarks in the surrounding micro-markets at ₹100 per sq ft.

Market Challenges

Ready-to-move projects have seen a slight price adjustment of -0.82%.
New launch projects experienced a marginal price movement of -0.17%.

Investment Opportunities

Under-construction projects offer a 5.5% price growth trend, suggesting potential for capital appreciation.
Ready-to-move apartments at ₹5,150 per sq ft provide a lower entry price for investors seeking immediate rental income.
New launch projects at ₹6,200 per sq ft cater to the premium segment with modern amenities.
The proximity to Sholinganallur, where rental rates are ₹100 per sq ft, creates strong rental potential for Kelambakkam properties.

Price Trend

Kelambakkam, Chennai Property Price Trends and Appreciation

Property values in Kelambakkam have demonstrated steady growth, rising from ₹4,850 per sq ft in September 2025 to the current level of ₹5,700 per sq ft. This upward trend highlights the consistent demand for residential space in the area. After a minor fluctuation, prices have maintained a consistent plateau of ₹5,700 per sq ft through the first half of 2026.

Asking Price Trends

₹ 5,700/Sq.Ft + 6.29 % QoQ

Sep 2025 — Jun 2026

Quarter	City Rate
Jun 2026	5700
Mar 2026	5700
Dec 2025	5400
Sep 2025	4850

About Asking Price Trends

Kelambakkam Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Padur	6,800	3.2
Thazhambur	7,700	0.5
Perumbakkam	6,550	0.9
Sholinganallur	8,600	1
Medavakkam	7,950	3.3
Santhosapuram	7,350	6.1
Thoraipakkam	8,500	-0.3
Chitlapakkam	6,400	2.1
Thirumalai Nagar Annexe	11,050	-0.2

Residential rates across the region vary, with Sholinganallur commanding a premium at ₹8,600 per sq ft. Medavakkam and Thazhambur also show strong demand, averaging ₹7,950 per sq ft and ₹7,700 per sq ft respectively. Meanwhile, locations such as Perumbakkam and Chitlapakkam offer more accessible price points at ₹6,550 per sq ft and ₹6,400 per sq ft, providing varied options for different buyer budgets.

Type	Rate (₹/Sq.Ft)	Change %
Apartment	5,700	-0.1

The residential market in Kelambakkam is primarily driven by apartment-style living, which currently averages ₹5,700 per sq ft. This segment has shown a slight adjustment of -0.07%, reflecting a stable and mature market environment for potential homeowners.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	37	5,150	-0.8
Under Construction	3	5,650	5.5
New Launch	2	6,200	-0.2

The market provides a clear choice for buyers based on project timelines. Ready-to-move inventory is available at an average of ₹5,150 per sq ft, while under-construction projects are priced at ₹5,650 per sq ft, showing a growth of 5.5%. For those seeking the latest developments, new launch projects are priced at ₹6,200 per sq ft.

Project & Developer Insights

Top Residential Projects and Developers in Kelambakkam

Provident Bayscape ₹ 64.48 L - ₹ 91.27 L

Chennai South, Chennai

TVS Emerald Elements ₹ 93.9 L - ₹ 1.69 Cr

Chennai South, Chennai

TVS Emerald Aaranya ₹ 1.4 Cr - ₹ 2.14 Cr

Chennai South, Chennai

Ashiana Vatsalya ₹ 72.97 L - ₹ 1.4 Cr

Chennai South, Chennai

Ashiana Swarang ₹ 82.08 L - ₹ 1.31 Cr

Chennai South, Chennai

Godrej Azure ₹ 77.42 L - ₹ 1.65 Cr

Chennai South, Chennai

Brigade Altius ₹ 2.07 Cr - ₹ 3.28 Cr

Chennai South, Chennai

Brigade Tech Boulevard Price On Request

Chennai South, Chennai

Brigade Stellaris ₹ 4.49 Cr - ₹ 7.99 Cr

Chennai South, Chennai

Brigade Icon ₹ 3.86 Cr - ₹ 3.86 Cr

Chennai South, Chennai

New Launch

Under Construction

Ready to Move

Puravankara ₹ 20.1 L - ₹ 7.93 Cr

13 Projects
44 Years

Sobha ₹ 31.40 L - ₹ 3.87 Cr

8 Projects
24 Years

Ramky Group

6 Projects
20 Years

Provident Housing Limited ₹ 35.95 L - ₹ 91.27 L

4 Projects
10 Years

Casagrand ₹ 9.06 L - ₹ 6.51 Cr

129 Projects

Sterling

23 Projects

House of Hiranandani ₹ 18 L - ₹ 7.23 Cr

20 Projects

Alliance Group ₹ 11.14 L - ₹ 2.52 Cr

11 Projects
14 Years

Indis Group Incor ₹ 57.43 L - ₹ 93.90 L

1 Projects
12 Years

Akshaya Pvt Ltd ₹ 21.41 L - ₹ 9.25 Cr

59 Projects
24 Years

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Mantri Group Synergy 2, Kelambakkam	9,200	-
Sobha Meritta, Kelambakkam	6,900	11
Casagrand Suncity, Kelambakkam	6,900	3.1
Pbel City Tower Panama, Kelambakkam	6,850	-
Alliance Jasmine Springs, Kelambakkam	6,800	15.7
Purva South Bay, Kelambakkam	6,450	3.8
Puravankara Purva Swanlake, Kelambakkam	6,450	8.5
Purva Swanlake, Kelambakkam	6,450	2.7
Advaita Blossom, Kelambakkam	6,150	16.1
Akshaya Today, Kelambakkam	5,700	11

Premium residential developments define the upper end of the Kelambakkam market. Mantri Group Synergy 2 leads the segment at ₹9,200 per sq ft, while Sobha Meritta and Casagrand Suncity are both priced at ₹6,900 per sq ft. Other notable projects like PBEL-tier options include Alliance Jasmine Springs at ₹6,800 per sq ft and Purva South Bay at ₹6,450 per sq ft, providing a range of high-quality choices for discerning buyers.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,600 /Sq.Ft

Pune

Avg. Asking Price ₹ 12,950 /Sq.Ft

Govt Registration Rate ₹ 8,650 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,100 /Sq.Ft

Govt Registration Rate ₹ 5,950 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 9,150 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,800 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,700 /Sq.Ft

Govt Registration Rate ₹ 2,950 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,400 /Sq.Ft

Micromarket-Wise Property Price Trends Around Kelambakkam, Chennai

Chennai Central

Avg. Asking Price ₹ 15,000 /Sq.Ft

Chennai North

Avg. Asking Price ₹ 11,950 /Sq.Ft

Chennai West

Avg. Asking Price ₹ 6,900 /Sq.Ft

Chennai South

Avg. Asking Price ₹ 6,800 /Sq.Ft

More insights about Kelambakkam, Chennai

Kelambakkam, Chennai Overview

FAQ

Frequently Asked Questions About Property Rates in Kelambakkam, Chennai

What is the current average asking price in Kelambakkam as of June 2026?

As of June 2026, the average asking price in Kelambakkam stands at ₹5,700 per sq ft. This figure reflects a market that has appreciated by 6.29% compared to previous periods, indicating a steady demand for residential apartments in this locality.

How have property prices in Kelambakkam trended over the last few quarters?

Property prices in Kelambakkam have shown a positive trajectory, with the average asking price reaching ₹5,700 per sq ft in June 2026, consistent with the rate recorded in March 2026. This follows a period of growth from ₹5,400 per sq ft in December 2025 and ₹4,850 per sq ft in September 2025, signaling sustained investor and buyer confidence in the area.

How do property rates in Kelambakkam compare to nearby localities?

Property rates in Kelambakkam, currently at ₹5,700 per sq ft, are generally more accessible than several surrounding areas in Chennai South. For context, nearby localities command higher average asking prices, such as Sholinganallur at ₹8,600 per sq ft, Thoraipakkam at ₹8,500 per sq ft, and Medavakkam at ₹7,950 per sq ft, making Kelambakkam a competitive option for entry-level and mid-segment home buyers.

What is the price difference between Ready To Move and Under Construction properties in Kelambakkam?

As of June 2026, Ready To Move properties in Kelambakkam are priced at an average of ₹5,150 per sq ft, which has depreciated by 0.82% over the observed period. In contrast, Under Construction projects are currently priced at ₹5,650 per sq ft, having appreciated by 5.5% compared to previous data, reflecting a premium for newer inventory currently being developed in the area.

Which residential projects in Kelambakkam currently command the highest listing rates?

As of June 2026, Mantri Group Synergy 2 leads the market in Kelambakkam with a listing rate of ₹9,200 per sq ft, maintaining stable pricing. Other premium projects include Sobha Meritta and Casagrand Suncity, both listed at ₹6,900 per sq ft; notably, Sobha Meritta has seen significant appreciation of 11.02% in its listing rate, while Casagrand Suncity has appreciated by 3.09%.

How should investors interpret the rental market data for Kelambakkam and its surroundings?

While specific rental yield data for Kelambakkam is currently unavailable, investors can look at the broader Chennai South rental landscape for context. For instance, the nearby locality of Sholinganallur currently commands an average rental rate of ₹100 per sq ft, with rates remaining stable at 0% change, providing a benchmark for rental income potential in the immediate vicinity of Kelambakkam.

How does the price of New Launch projects compare to the overall market in Kelambakkam?

New Launch projects in Kelambakkam are currently priced at ₹6,200 per sq ft as of June 2026, which represents a slight depreciation of 0.17% compared to previous periods. This price point sits above the overall locality average of ₹5,700 per sq ft, often reflecting the inclusion of modern amenities and current construction cost premiums associated with the latest project launches.