Chennai
The Mathur real estate market offers a focused selection of residential properties, particularly villas, which are currently priced at an average of ₹6,300 per sq ft. Investors and homebuyers often look to neighboring localities to gauge regional trends, where areas like Perambur and Anna Nagar West command premium rates of ₹9,500 and ₹15,550 per sq ft respectively. Rental activity in the broader Chennai region remains dynamic, with Nungambakkam experiencing a notable 21.05% increase in rental rates. This diversity in pricing and growth across nearby micro-markets provides a comprehensive picture for those balancing immediate occupancy needs with long-term capital appreciation.
As of March 2026, the average asking price in Mathur stands at ₹11,950 per sq ft. This reflects a positive growth trajectory, as prices have risen from ₹10,000 per sq ft in December 2025, indicating sustained demand and market confidence in the area.
Property rates in Mathur, at ₹11,950 per sq ft as of March 2026, are positioned significantly higher than several nearby localities. For instance, neighbouring areas like Madhavaram are priced at ₹7,600 per sq ft (which appreciated by 1.05% from June 2025 to June 2026), Kolathur at ₹6,700 per sq ft (up 6.89% over the same period), and Mogappair at ₹6,600 per sq ft (which depreciated by 8.19%). This variance suggests that Mathur commands a premium compared to these specific surrounding micromarkets.
The average asking price for villas in Mathur is ₹6,300 per sq ft as of June 2026. This segment has seen a depreciation of 3.17% from June 2025 to June 2026, which may signal a temporary softening in demand or a market correction for villa-style properties in the locality.
Rental rates in the vicinity of Mathur show significant variation, with Egmore currently commanding an average rental rate of ₹100 per sq ft as of June 2026, a figure that has remained stable with 0% change since June 2025. In contrast, Nungambakkam has seen a notable appreciation of 21.05% from June 2025 to June 2026, with current rental rates reaching ₹50 per sq ft. These figures help tenants and investors understand the rental income potential across different parts of the city.
Investors should note that the average asking price in Mathur increased from ₹9,900 per sq ft in September 2025 to ₹11,950 per sq ft by March 2026. This consistent upward trend over two consecutive quarters suggests a strengthening market, making it an area of interest for those looking for capital appreciation, provided the current demand momentum continues.
