Property Rates in Kelambakkam, Chennai

Kelambakkam's real estate market is demonstrating a steady upward trend, with average asking prices currently at ₹5,715 per sq ft and a projected rise towards ₹5,715 per sq ft by March 2026. This growth is underpinned by positive quarterly price movements, indicating increasing demand and value appreciation in the micromarket. Apartments are the primary focus, averaging ₹5,715 per sq ft with a notable 6.29% quarterly increase. The property status breakdown reveals that 'Under Construction' projects are experiencing the most significant price surge at 13.29%, followed by 'New Launch' at -0.3%. Among surrounding localities, Padur stands out with an average rate of ₹6,802 per sq ft, exhibiting a 3.15% increase. Rental market insights are limited, with only Sholinganallur reporting an average rental rate of ₹76 per sq ft.

• Average asking prices in Kelambakkam are projected to reach ₹5,715 per sq ft by March 2026.
• 'Under Construction' properties in Kelambakkam have seen a substantial 13.29% price increase.
• Padur, a neighboring locality, shows a positive trend with an average rate of ₹6,802 per sq ft and a 3.15% rise.
• Apartments in Kelambakkam average ₹5,715 per sq ft, reflecting a 6.29% quarterly increase.
• The 'New Launch' segment in Kelambakkam experienced a slight price dip of -0.3%.