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Property Rates in Mogappair, Chennai

Comprehensive Market Snapshot

Mogappair, Chennai, presents a dynamic real estate market with an average asking price of ₹6,594 per sq ft. The property landscape features apartments averaging ₹6,594 per sq ft, showing an 8.19% decrease, while villas are priced at ₹7,574 per sq ft, with a 2.95% dip. The market also shows a healthy supply across different stages, with 'Ready To Move' properties at ₹8,180 per sq ft and 'New Launch' projects at ₹7,505 per sq ft. Rental data is not available for Mogappair itself, but surrounding areas like Porur offer rental rates around ₹50 per sq ft.

  • Apartments in Mogappair are currently priced at ₹6,594 per sq ft, marking an 8.19% decrease.
  • Villas in Mogappair are listed at ₹7,574 per sq ft, reflecting a 2.95% decrease.
  • Properties currently available 'Ready To Move' are priced at an average of ₹8,180 per sq ft, indicating a 10.07% increase.
  • 'New Launch' projects in Mogappair are averaging ₹7,505 per sq ft, showing a 7.93% increase.
  • Mogappair West properties are priced at ₹8,626 per sq ft, a significant 15.46% decrease.

  • Asking Sale Price₹ 6,594 /sq.ft

Insights for Mogappair, Chennai Real Estate Market

Mogappair, Chennai, showcases a mixed real estate market with an average asking price of ₹6,594 per sq ft. The price trend indicates fluctuations, with a projected decrease to ₹6,594 per sq ft by Mar 2026 from ₹7,607 per sq ft in Jun 2025 for the location rate. Notably, Mogappair West experiences a significant price correction, down 15.46% to ₹8,626 per sq ft, while Nolambur sees a positive 7.07% uptick to ₹7,876 per sq ft. Apartments are priced at ₹6,594 per sq ft with an 8.19% decrease, contrasting with villas at ₹7,574 per sq ft, down 2.95%. The market exhibits varied project statuses, with 'Ready To Move' properties at ₹8,180 per sq ft (up 10.07%) and 'Under Construction' at ₹10,913 per sq ft (up 4.18%), signalling diverse investment opportunities. Top projects like Casagrand Crescendo are priced at ₹11,908 per sq ft, reflecting a strong performance with a 12.84% increase. Rental market data for Mogappair is unavailable, however, nearby areas like Porur show average rental rates of ₹50 per sq ft.

  • Mogappair West has seen a notable price drop of 15.46%, with properties averaging ₹8,626 per sq ft.
  • Conversely, Nolambur's property market is on an upward trend, with prices increasing by 7.07% to ₹7,876 per sq ft.
  • 'Ready To Move' properties in Mogappair are performing well, with prices up 10.07% to ₹8,180 per sq ft.
  • Casagrand Crescendo leads the top projects with a price of ₹11,908 per sq ft, up 12.84%.
  • The average asking price for apartments in Mogappair is ₹6,594 per sq ft, a decrease of 8.19%.

Property Valuation

Comprehensive assessment of your property's current worth in the current market

Property Price Trends in Mogappair, Chennai

Asking Price Trends

The asking prices in Mogappair have seen fluctuations over the past quarters. While the location rate was projected to be ₹7,607 per sq ft in Jun 2025, it's expected to decrease to ₹6,594 per sq ft by Mar 2026. The micromarket rate also shows a significant dip from ₹12,332 per sq ft in Sep 2025 to ₹7,781 per sq ft in Jun 2025, before an expected rise in subsequent quarters.

Quarter City Rate
Mar 2026 6594
Dec 2025 7182
Sep 2025 7138
Jun 2025 7607
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Price Trends by Property Type

In Mogappair, apartments are the most prevalent property type, averaging ₹6,594 per sq ft and reflecting an 8.19% decrease. Villas are priced higher at ₹7,574 per sq ft, with a corresponding 2.95% decrease. This suggests a current buyer's market for apartments, while villas maintain a relatively stable, albeit slightly lower, price point.

Type Rate (₹/sq.ft) Change %
Villa 7,574 -2.95
Apartment 6,594 -8.19
Price Trends by Project Status

Mogappair's property market caters to diverse buyer needs across various development stages. 'Ready To Move' properties are priced at ₹8,180 per sq ft, showing a strong 10.07% increase and attracting immediate buyers. 'New Launch' projects average ₹7,505 per sq ft with a 7.93% rise, indicating developer confidence. 'Under Construction' projects are priced at ₹10,913 per sq ft, while 'Mid Stage' properties are available at ₹6,358 per sq ft, reflecting different investment horizons.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 30 8,155 10.45
Under Construction 1 10,913 4.18
New Launch 8 7,505 7.93
Price Trends by Localities

Mogappair's real estate value is segmented across its various localities. Mogappair West commands a higher average rate of ₹8,626 per sq ft, despite a recent 15.46% decrease. Nolambur offers properties at ₹7,876 per sq ft, showing a positive 7.07% growth. Nerkundram is priced at ₹7,962 per sq ft with a 5.05% increase, while Koyambedu averages ₹8,493 per sq ft with a slight 3.36% decrease. Notably, Anna Nagar West stands out with a significantly higher average price of ₹15,547 per sq ft.

Location Rate (₹/sq.ft) Change %
Mogappair West 8,626 -15.5
Nolambur 7,876 7.1
Nerkundram 7,962 5.1
Anna Nagar Western Extn 14,361 -
Koyambedu 8,493 -3.4
Ambattur Industrial Estate 7,356 -
Anna Nagar West 15,547 4.9
Anna Nagar 14,598 -
Korattur 7,372 -
Vanagaram 8,766 -

Project and Developer Insights

Top Projects in Mogappair
LnT Avinya Enclave is the top project in Mogappair with prices from ₹ 1.05 Cr to 2.06 Cr.
LnT Avinya Enclave ₹ 1.04 Cr - ₹ 2.06 Cr
  • Chennai West, Chennai
TVS Emerald Green Enclave ₹ 67.94 L - ₹ 1.23 Cr
  • Chennai West, Chennai
TVS Emerald Peninsula ₹ 95 L - ₹ 1.33 Cr
  • Chennai West, Chennai
Sobha Arbor ₹ 1.24 Cr - ₹ 1.97 Cr
  • Chennai West, Chennai
Bonito at Brigade Xanadu ₹ 78.21 L - ₹ 1.54 Cr
  • Chennai West, Chennai
Brigade Xanadu ₹ 1.19 Cr - ₹ 2.09 Cr
  • Chennai West, Chennai
Mahindra Lifespaces Happinest ₹ 34 L - ₹ 39 L
  • Chennai West, Chennai
TVS Emerald Lake Shore ₹ 37.19 L - ₹ 83.99 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
View More
New Launch
Under Construction
Ready to Move
Top Projects by Listing Rates

Premium residential developments in Mogappair showcase a range of asking prices, reflecting their amenities and developer reputation. Casagrand Crescendo leads with a price of ₹11,908 per sq ft, demonstrating a 12.84% increase. Casagrand Tudor is priced at ₹10,913 per sq ft, up 4.18%, while VGN La Parisienne commands ₹10,521 per sq ft with a substantial 78.96% increase. Other notable projects like Casagrand Millenia and Sakhi Square offer competitive rates around ₹9,878 per sq ft and ₹9,039 per sq ft, respectively.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Casagrand Crescendo 11,908 12.8
Casagrand Tudor 10,913 4.2
Vgn La Parisienne 10,521 79
Casagrand Millenia 9,878 -
Sakhi Square 9,039 -
Nova Meridian 8,354 11.9
Vgn Minerva 8,329 11
Sidharth Housing Surabhi 8,302 10.4
Sidharth Pearl 8,302 10.4
Dabc Gokulam Phase I 8,269 10.5
Top Developers in Chennai
Casagrand leads in Chennai with 125 projects and years of experience.
DLF
Casagrand ₹ 9.06 L - ₹ 4.18 Cr
  • 125 Projects
DLF
India Builders Corporation ₹ 2.4 Cr - ₹ 2.4 Cr
  • 76 Projects
DLF
KG Developers ₹ 20.08 L - ₹ 3.42 Cr
  • 67 Projects
  • 34 Years
DLF
Kgeyes ₹ 70.93 L - ₹ 6.48 Cr
  • 63 Projects
  • 24 Years
DLF
AP Constructions India Private Limited ₹ 29.3 L - ₹ 1.63 Cr
  • 60 Projects
DLF
Akshaya Pvt Ltd ₹ 21.41 L - ₹ 9.25 Cr
  • 59 Projects
  • 24 Years
DLF
Royal Splendour ₹ 18.43 L - ₹ 89.98 L
  • 53 Projects
DLF
Vgn ₹ 17.35 L - ₹ 6.93 Cr
  • 52 Projects
DLF
Newry ₹ 28.79 L - ₹ 2.88 Cr
  • 50 Projects
  • 26 Years
DLF
India Builders ₹ 1.35 Cr - ₹ 3.68 Cr
  • 44 Projects
View More

FAQs about Property Rates in Mogappair, Chennai

What is the current average asking price in Mogappair, Chennai?

As of March 2026, the average asking price in Mogappair, Chennai is ₹6,594 per sq ft. This represents a depreciation of 8.19% from the previous period, indicating a softening of prices in the locality.

How have property prices in Mogappair trended over the past year?

Property prices in Mogappair have seen a downward trend over the past year. From June 2025 to March 2026, the average asking price for the location decreased from ₹7,607 per sq ft to ₹6,594 per sq ft, a notable decline. This trajectory suggests a market correction or increased supply impacting overall price levels.

How do property rates vary across different micromarkets within or near Mogappair?

Property rates vary significantly across micromarkets near Mogappair as of March 2026. Anna Nagar West leads with an average rate of ₹15,547 per sq ft, appreciating by 4.91% from the previous period. In contrast, Mogappair West has an average rate of ₹8,626 per sq ft, experiencing a substantial depreciation of 15.46%. Other micromarkets like Nolambur (₹7,876 per sq ft) and Nerkundram (₹7,962 per sq ft) show moderate appreciation, while Ambattur Industrial Estate and Korattur have stable rates around ₹7,356 and ₹7,372 per sq ft respectively.

What are the average prices for apartments and villas in Mogappair?

In Mogappair, apartments have an average price of ₹6,594 per sq ft as of March 2026, which has depreciated by 8.19% from the previous period. Villas in the area are priced higher, averaging ₹7,574 per sq ft, and have seen a depreciation of 2.95%.

How do prices differ for properties based on their construction status in Mogappair?

In Mogappair, the price of properties varies by their construction status as of March 2026. Ready To Move properties are priced at ₹8,180 per sq ft, showing a significant appreciation of 10.07%. Under Construction properties are priced higher at ₹10,913 per sq ft, with a 4.18% appreciation. New Launch properties are averaging ₹7,505 per sq ft, up by 7.93%. Mid Stage properties are priced at ₹6,358 per sq ft with a slight depreciation of 2.13%, while Well Occupied properties stand at ₹7,934 per sq ft, appreciating by 13.85%.

Which projects in Mogappair have the highest listing rates?

As of March 2026, projects in Mogappair with the highest listing rates include Casagrand Crescendo at ₹11,908 per sq ft, which has appreciated by 12.84%. Casagrand Tudor is listed at ₹10,913 per sq ft with a 4.18% appreciation, and VGN La Parisienne is priced at ₹10,521 per sq ft, showing a significant appreciation of 78.96%.

What is the average rental rate in nearby areas of Mogappair, and what does it signify for investors?

While the overall average rental rate for Mogappair is not specified, nearby areas show varied rental performance as of March 2026. For instance, Nungambakkam has an average rental rate of ₹69 per sq ft, appreciating by 21.05%, and Thyagaraya Nagar averages ₹73 per sq ft, though it has depreciated by 13.1%. Ekkatuthangal offers a higher average rental rate of ₹98 per sq ft with no change. These figures can help investors gauge potential rental income in different micro-markets, with areas showing appreciation potentially offering better returns.

How do rental rates compare across different micromarkets near Mogappair?

Rental rates vary across micromarkets near Mogappair as of March 2026. Ekkatuthangal shows the highest average rental rate at ₹98 per sq ft. Nungambakkam follows with ₹69 per sq ft, having appreciated by 21.05%. Thyagaraya Nagar's average rental rate is ₹73 per sq ft, but it has seen a depreciation of 13.1%. Porur and Ashok Nagar have stable rental rates at ₹50 per sq ft and ₹54 per sq ft respectively. These differences highlight varying demand and supply dynamics in the rental market.

What is the average asking price for apartments in Mogappair as of March 2026?

The average asking price for apartments in Mogappair was ₹6,594 per sq ft as of March 2026. This figure has depreciated by 8.19% from the previous period, suggesting a downward trend in apartment prices within the locality.

How do 'Ready To Move' properties compare in price to 'Under Construction' properties in Mogappair?

As of March 2026, 'Ready To Move' properties in Mogappair are priced at an average of ₹8,180 per sq ft, showing a significant appreciation of 10.07%. In contrast, 'Under Construction' properties are priced higher at ₹10,913 per sq ft, with a 4.18% appreciation. This indicates that while both segments are appreciating, 'Under Construction' properties command a premium, possibly due to newer inventory or ongoing development.

What does the negative change percentage in Mogappair's overall asking price signify for buyers and investors?

The overall asking price in Mogappair has depreciated by 8.19% as of March 2026. For buyers, this could indicate a more favorable market with potentially lower entry points. For investors, a depreciating market might suggest caution, although it could also present opportunities for capital appreciation if the downturn is temporary and followed by a recovery.

How do the average rates in Mogappair West compare to the broader Mogappair locality?

Mogappair West, a micromarket within the broader Mogappair area, shows a higher average property rate of ₹8,626 per sq ft as of March 2026. This is a significant depreciation of 15.46% from the previous period, indicating a notable price correction in this specific sub-locality compared to the overall Mogappair average of ₹6,594 per sq ft.

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