Muttukadu Property Rates — ₹8,100/sq ft

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Property rates in Muttukadu average ₹8,100 per sq ft. This coastal locality continues to attract interest as a destination for both residential and investment growth. The market features a mix of ready-to-move and new launch projects, catering to diverse buyer timelines. With proximity to key Chennai corridors, the area remains a notable choice for those seeking balanced real estate options, supported by a range of price points across various development stages.

Insights

Insights for Muttukadu, Chennai Real Estate Market Overview

Muttukadu has established itself as a key residential hub in Chennai, currently maintaining an average asking price of ₹8,100 per sq ft. The market demonstrates a healthy supply mix, with ready-to-move projects providing immediate occupancy options while new launches offer modern amenities at competitive entry points. Rental demand is bolstered by nearby hubs like Sholinganallur and Perungudi, which both command average rental rates of ₹100 per sq ft. This consistent rental performance highlights the area's appeal to professionals working along the IT corridor. The locality remains a strong contender for investors looking for long-term growth potential in South Chennai.

Ready-to-move residential projects in Muttukadu currently average ₹6,600 per sq ft.
New launch properties are priced at an average of ₹5,750 per sq ft, reflecting a -10.55% change.
Sholinganallur and Perungudi both show strong rental stability at ₹100 per sq ft.
VGN Coasta remains a prominent project in the area, currently priced at ₹6,900 per sq ft with a 7.2% growth rate.

Market Strengths

Sholinganallur shows strong growth with a 15.88% increase in property rates.
Padur has demonstrated robust performance with a 10.13% increase in average rates.
Thoraipakkam remains a strong performer with an 8.84% growth in property valuations.
VGN Coasta has achieved a positive 7.2% growth, highlighting buyer confidence in established projects.
Medavakkam property rates have seen a steady 2.66% increase.
Ready-to-move projects maintain a positive 1.47% growth trend.

Market Challenges

New launch projects have experienced a -10.55% price change, suggesting a softening in entry-level segment pricing.
Altis Oceanique has seen a -4.18% change in listing rates, indicating a period of price consolidation.
Kelambakkam has recorded a -6.11% change in property rates, reflecting a cooling trend in that specific micromarket.
Perumbakkam property rates have seen a -4.35% change, signaling a shift in local market demand.

Investment Opportunities

Ready-to-move properties at ₹6,600 per sq ft offer immediate rental income potential.
The proximity to Sholinganallur, with rental rates at ₹100 per sq ft, supports strong demand for residential units.
New launch projects at ₹5,750 per sq ft provide a lower entry cost for capital appreciation.
Consistent rental rates in nearby Perungudi at ₹100 per sq ft indicate a stable regional rental market.

Top Localities in Muttukadu, Chennai

Uthandi

Avg Price ₹ 7,850 /Sq.Ft.

LISTINGS 13

Kanathur Reddikuppam

Avg Price ₹ 8,750 /Sq.Ft.

LISTINGS 1

Price Trend

Muttukadu, Chennai Property Price Trends and Appreciation

As of September 2025, property rates in Muttukadu are positioned at ₹8,100 per sq ft. This reflects a stable valuation within the broader Chennai South micromarket, which is currently seeing rates around ₹10,150 per sq ft. The consistent pricing structure provides clarity for both buyers and investors navigating the current market cycle.

Asking Price Trends

₹ 8,100/Sq.Ft

Sep 2025 — Jun 2026

Quarter	City Rate
Jun 2026	0
Mar 2026	0
Dec 2025	0
Sep 2025	8100

About Asking Price Trends

Muttukadu Property Price Comparison

By Localities
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Padur	7,500	10.1
Kelambakkam	5,350	-6.1
Sholinganallur	9,950	15.9
Perumbakkam	6,300	-4.3
Jalladianpet	7,000	-
Medavakkam	8,150	2.7
Thoraipakkam	9,250	8.8
Pallikaranai	8,450	-

The surrounding real estate landscape offers a variety of price points for prospective buyers. Sholinganallur commands a premium with an average of ₹9,950 per sq ft, reflecting a significant 15.88% increase. Meanwhile, Padur offers more accessible entry at ₹7,500 per sq ft, marking a 10.13% growth. Other areas like Medavakkam hover at ₹8,150 per sq ft, while Kelambakkam and Perumbakkam present varied options at ₹5,350 per sq ft and ₹6,300 per sq ft respectively.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	2	6,600	1.5
New Launch	1	5,750	-10.5

The Muttukadu market provides options across different development stages to suit individual buyer needs. Ready-to-move inventory is available at an average of ₹6,600 per sq ft, experiencing a modest 1.47% increase. For those looking for newer developments, the new launch segment is priced at ₹5,750 per sq ft, reflecting a -10.55% change that may offer attractive entry points for long-term investors.

Project & Developer Insights

Top Residential Projects and Developers in Muttukadu

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 ₹ 74 L - ₹ 1.37 Cr

Chennai South, Chennai

Ashiana Swarang ₹ 95 L - ₹ 2.68 Cr

Chennai South, Chennai

Godrej Azure ₹ 77.42 L - ₹ 1.65 Cr

Chennai South, Chennai

Provident Bayscape ₹ 66.49 L - ₹ 94.12 L

Chennai South, Chennai

Brigade Altius ₹ 2.39 Cr - ₹ 3.6 Cr

Chennai South, Chennai

Brigade Tech Boulevard ₹ 4.90 Cr - ₹ 4.90 Cr

Chennai South, Chennai

Brigade Stellaris ₹ 4.5 Cr - ₹ 7.99 Cr

Chennai South, Chennai

Brigade Icon ₹ 4.26 Cr - ₹ 4.26 Cr

Chennai South, Chennai

New Launch

Under Construction

Ready to Move

Radiance Realty ₹ 17.49 L - ₹ 4.84 Cr

24 Projects
7 Years

Vgn ₹ 17.35 L - ₹ 6.93 Cr

52 Projects

Chaitanya Builders ₹ 1.58 Cr - ₹ 11.17 Cr

37 Projects
33 Years

Altis ₹ 41.55 L - ₹ 9.57 Cr

4 Projects

Vijay Raja Homes ₹ 8.92 L - ₹ 78.6 L

4 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Vgn Coasta, Muttukadu	6,900	7.2
Altis Oceanique, Muttukadu	6,250	-4.2
Vijay Raja Vrx Terrace, Muttukadu	5,750	-10.5

Premium residential projects in Muttukadu offer diverse choices for those seeking high-quality living spaces. VGN Coasta stands out with a current rate of ₹6,900 per sq ft, showing a healthy 7.2% growth. Conversely, Altis Oceanique is priced at ₹6,250 per sq ft with a -4.18% change, while Vijay Raja VRX Terrace is available at ₹5,750 per sq ft, reflecting a -10.55% adjustment in the current market.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Govt Registration Rate ₹ 18,300 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,200 /Sq.Ft

Thane

Avg. Asking Price ₹ 16,000 /Sq.Ft

Govt Registration Rate ₹ 9,650 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 15,100 /Sq.Ft

Pune

Avg. Asking Price ₹ 13,550 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Noida

Avg. Asking Price ₹ 12,650 /Sq.Ft

Govt Registration Rate ₹ 9,100 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,400 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,800 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,600 /Sq.Ft

Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Muttukadu, Chennai

Chennai Central

Avg. Asking Price ₹ 15,600 /Sq.Ft

Chennai North

Avg. Asking Price ₹ 11,600 /Sq.Ft

Chennai South

Avg. Asking Price ₹ 8,150 /Sq.Ft

Chennai West

Avg. Asking Price ₹ 7,250 /Sq.Ft

More insights about Muttukadu, Chennai

Muttukadu, Chennai Overview

FAQ

Frequently Asked Questions About Property Rates in Muttukadu, Chennai

What is the current average asking price in Muttukadu?

As of June 2026, the average asking price in Muttukadu stands at ₹8,100 per sq ft. This rate has remained stable, showing no change compared to the previous period. Investors and homebuyers can use this figure as a baseline for evaluating residential apartment valuations in this locality.

How have property prices in Muttukadu trended recently?

The property price trend in Muttukadu has shown volatility over the past year, with the micromarket rate recorded at ₹8,150 per sq ft in June 2026, up from ₹6,800 per sq ft in March 2026. This upward trajectory from the first to the second quarter of 2026 suggests a recovery in market sentiment following a dip to ₹7,300 per sq ft in December 2025. Monitoring these quarterly shifts is essential for buyers looking to time their entry into the market effectively.

How do property prices in Muttukadu compare to nearby neighbourhoods?

Property prices in Muttukadu vary significantly when compared to surrounding areas in Chennai. For instance, Sholinganallur currently commands a higher average asking price of ₹9,950 per sq ft, having appreciated by 15.88% over the relevant period. Conversely, areas like Kelambakkam and Perumbakkam are more accessible, with average asking prices of ₹5,350 per sq ft and ₹6,300 per sq ft, respectively, though both have seen depreciation of 6.11% and 4.35% over their respective comparison periods.

What is the price difference between Ready To Move and New Launch properties in Muttukadu?

As of June 2026, Ready To Move properties in Muttukadu are priced at an average of ₹6,600 per sq ft, reflecting an appreciation of 1.47% compared to the prior period. In contrast, New Launch projects are currently priced at ₹5,750 per sq ft, which represents a depreciation of 10.55% over the same timeframe. This price gap often reflects the premium buyers are willing to pay for immediate possession versus the risk-adjusted pricing typically found in newer, under-construction developments.

Which are the notable residential projects in Muttukadu based on listing rates?

Key residential projects in Muttukadu include VGN Coasta, Altis Oceanique, and Vijay Raja VRX Terrace. VGN Coasta is currently listed at ₹6,900 per sq ft, having appreciated by 7.2% over the comparison period. Meanwhile, Altis Oceanique is priced at ₹6,250 per sq ft, showing a depreciation of 4.18%, and Vijay Raja VRX Terrace is available at ₹5,750 per sq ft, which has seen a depreciation of 10.55% during the same timeframe.

What rental insights are available for areas near Muttukadu?

While specific rental data for Muttukadu is currently limited, nearby micromarkets like Sholinganallur and Perungudi both report an average rental rate of ₹100 per sq ft as of June 2026. These rates have remained stable with no percentage change recorded for the period. This rental consistency in neighbouring hubs provides a useful benchmark for landlords and tenants assessing the broader rental landscape in the Chennai South region.