Property Rates in Kodungaiyur, Chennai 2026

The micromarket rate in Kodungaiyur has seen a downward trajectory over the last few quarters, moving from ₹11,950 per sq ft in March 2026 to ₹11,600 per sq ft in June 2026, and further to ₹10,850 per sq ft as of September 2026. This trend suggests a market correction or a shift in supply dynamics that potential buyers should monitor closely when evaluating entry points into this area.

Property prices in Kodungaiyur, with an average asking price of ₹5,000 per sq ft, are significantly more affordable than several prominent Chennai neighbourhoods. For instance, Egmore commands a much higher average of ₹16,750 per sq ft, which appreciated by 11.59% from June 2025 to September 2026, while Anna Nagar West stands at ₹16,100 per sq ft, reflecting a 3.6% appreciation over the same period. Other nearby areas like Perambur at ₹9,550 per sq ft and Madhavaram at ₹8,050 per sq ft also show higher price points, highlighting Kodungaiyur as a relatively budget-friendly option for residential investment.

As of September 2026, villas in Kodungaiyur are priced at an average of ₹8,750 per sq ft, which reflects a depreciation of 4.81% compared to the previous period. In contrast, apartments are priced at ₹5,000 per sq ft, showing a more significant depreciation of 13.2% over the same timeframe. This price gap suggests that while both segments have seen a downward adjustment, villas continue to command a premium over apartments in the local market.

Ready to move properties in Kodungaiyur are currently priced at an average of ₹6,850 per sq ft as of September 2026, while near-possession projects are slightly higher at ₹6,900 per sq ft. Both categories have maintained price stability with a 0% change, indicating that developers and sellers are holding steady on their pricing despite the broader market fluctuations observed in other segments.

As of September 2026, the top projects in Kodungaiyur by listing rates include A P Amirthalaya at ₹7,500 per sq ft, JPD Sunshine Square at ₹7,250 per sq ft, and Sri Emerald at ₹6,900 per sq ft. Other notable projects like Jains Green Gardens, RC Navaratna, and RC West Minster are all listed at ₹6,500 per sq ft. All these projects have maintained stable pricing with a 0% change, reflecting consistent value positioning within the locality.

While specific rental data for Kodungaiyur is limited, the broader Chennai rental market shows varied performance across different micromarkets. For example, Nungambakkam currently commands an average rental rate of ₹50 per sq ft, with rates remaining stable at a 0% change as of September 2026. Investors looking for rental income should compare these figures against the capital outlay required for property purchases to determine the potential rental yield in the region.

Buyers should use the provided data to identify price trends and compare Kodungaiyur against other Chennai localities to gauge value. With the average asking price at ₹5,000 per sq ft as of September 2026 and recent downward trends in micromarket rates, the data suggests a buyer-friendly environment where negotiation potential may be higher. It is essential to look at both the property type and status, such as the difference between apartments and villas, to ensure the chosen asset aligns with both budget and long-term investment goals.