Muttukadu Property Rates — ₹8,100/sq ft

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Property rates in Muttukadu average ₹8,100 per sq ft. This coastal locality in Chennai presents a dynamic landscape for prospective buyers, with project rates showing notable variation between ready-to-move options and new launches. The area benefits from its proximity to major residential hubs, while competitive pricing in specific developments like Altis Oceanique and VGN Coasta continues to draw attention from those seeking coastal living at a strategic price point within the city.

Insights

Insights for Muttukadu, Chennai Real Estate Market Overview

Muttukadu has established itself as an evolving residential pocket in Chennai, offering a mix of ready-to-move and new-launch projects that cater to varying investment timelines. The market currently sees an average asking price of ₹8,100 per sq ft, reflecting a stable yet competitive environment compared to neighboring localities. Rental activity in the broader region remains consistent, with areas like Sholinganallur and Perungudi setting benchmarks at ₹100 per sq ft. Development activity remains focused on balancing immediate occupancy needs with the growth potential of newer residential phases.

New launch projects in the locality are currently priced at an average of ₹6,450 per sq ft, showing a positive growth of 26.22%.
Ready-to-move inventory is available at an average rate of ₹6,500 per sq ft.
Nearby Sholinganallur and Perungudi both maintain rental rates of ₹100 per sq ft.
The Vijay Raja VRX Terrace project has seen a significant appreciation of 26.22% in its current listing rate.
Surrounding areas like Kelambakkam and Santhosapuram show strong market growth at 6.29% and 6.14% respectively.

Market Strengths

Muttukadu maintains a solid baseline asking price of ₹8,100 per sq ft.
New launch segments are showing robust growth of 26.22%.
Nearby hubs like Sholinganallur and Perungudi provide strong rental benchmarks at ₹100 per sq ft.
Kelambakkam exhibits strong capital appreciation of 6.29%.
Santhosapuram continues to perform well with a 6.14% rate increase.
Padur remains a reliable residential choice with 3.15% growth in property rates.

Market Challenges

Ready-to-move inventory in Muttukadu has experienced a downward price adjustment of -24.3%.
Thoraipakkam property rates show a slight decline of -0.3%.
Perungudi market rates have seen a marginal dip of -0.55% recently.
Altis Oceanique project rates have adjusted by -28.73% from previous levels.
VGN Coasta project rates have seen a downward trend of -19.2%.

Investment Opportunities

New launch projects in Muttukadu offer a strong entry point at ₹6,450 per sq ft with a 26.22% growth rate.
The 6.29% growth in Kelambakkam highlights its rising appeal as a high-potential investment zone.
Santhosapuram presents a solid growth opportunity with a 6.14% increase in property rates.
Medavakkam remains an attractive mid-range option with a steady 3.25% growth trend.

Top Localities in Muttukadu, Chennai

Uthandi

Avg Price ₹ 7,850 /Sq.Ft.

LISTINGS 18

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 the ongoing development and demand for residential space in this coastal segment of Chennai.

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	6,800	3.2
Thazhambur	7,700	0.5
Kelambakkam	5,700	6.3
Sholinganallur	8,600	1
Perumbakkam	6,550	0.9
Medavakkam	7,950	3.3
Santhosapuram	7,350	6.1
Thoraipakkam	8,500	-0.3
Thirumalai Nagar Annexe	11,050	-0.2
Perungudi	11,050	-0.5

Muttukadu is situated within a broader cluster of residential hubs that offer varied entry points for investors. Kelambakkam remains one of the more accessible areas at ₹5,700 per sq ft, while Sholinganallur commands a premium at ₹8,600 per sq ft. Meanwhile, Perungudi and Thirumalai Nagar Annexe sit at the higher end of the spectrum, both averaging ₹11,050 per sq ft, providing a stark contrast to the more budget-friendly options in Padur at ₹6,800 per sq ft.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	2	6,500	-24.3
New Launch	1	6,450	26.2

The Muttukadu market provides options across different development stages to suit diverse buyer needs. Ready-to-move inventory is currently priced at an average of ₹6,500 per sq ft, while new launch projects are available at ₹6,450 per sq ft, reflecting a strong growth trend of 26.22% for fresh supply.

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 ₹ 64.48 L - ₹ 91.27 L

Chennai South, Chennai

Brigade Altius ₹ 2.18 Cr - ₹ 3.5 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

36 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 %
Altis Oceanique, Muttukadu	6,550	-28.7
Vgn Coasta, Muttukadu	6,450	-19.2
Vijay Raja Vrx Terrace, Muttukadu	6,450	26.2

Premium residential projects in Muttukadu define the local luxury standard. Altis Oceanique and VGN Coasta are both listed at competitive rates of ₹6,550 per sq ft and ₹6,450 per sq ft respectively, while Vijay Raja VRX Terrace also aligns at ₹6,450 per sq ft, showcasing a notable 26.22% increase in its listing price.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Govt Registration Rate ₹ 18,550 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,300 /Sq.Ft

Govt Registration Rate ₹ 13,900 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,600 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 14,850 /Sq.Ft

Pune

Avg. Asking Price ₹ 12,950 /Sq.Ft

Govt Registration Rate ₹ 8,650 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,100 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 9,150 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,800 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,700 /Sq.Ft

Govt Registration Rate ₹ 2,950 /Sq.Ft

Micromarket-Wise Property Price Trends Around Muttukadu, Chennai

Chennai Central

Avg. Asking Price ₹ 15,000 /Sq.Ft

Chennai North

Avg. Asking Price ₹ 11,950 /Sq.Ft

Chennai West

Avg. Asking Price ₹ 6,900 /Sq.Ft

Chennai South

Avg. Asking Price ₹ 6,800 /Sq.Ft

More insights about Muttukadu, Chennai

Muttukadu, Chennai Overview

FAQ

Frequently Asked Questions About Property Rates in Muttukadu, Chennai

What is the average asking price in Muttukadu as of June 2026?

The average asking price in Muttukadu is ₹8,100 per sq ft as of June 2026. This rate has remained stable with a 0% change, indicating a period of price consistency in the local residential market.

How have property rates in Muttukadu trended over recent quarters?

Property rates in the Muttukadu micromarket have shown volatility, moving from ₹10,150 per sq ft in September 2025 to ₹7,300 per sq ft in December 2025, reaching ₹6,800 per sq ft in March 2026, and finally settling at ₹7,800 per sq ft as of June 2026. This trajectory reflects a significant market correction from the peak observed in late 2025, followed by a recent recovery in the first half of 2026.

How do property rates in Muttukadu compare with nearby neighbourhoods?

Property rates in Muttukadu vary significantly compared to surrounding areas. As of June 2026, Perungudi and Thirumalai Nagar Annexe command higher rates at ₹11,050 per sq ft, while areas like Sholinganallur (₹8,600 per sq ft) and Thoraipakkam (₹8,500 per sq ft) also sit above the Muttukadu average. More affordable options are available in Padur (₹6,800 per sq ft), Perumbakkam (₹6,550 per sq ft), and Kelambakkam (₹5,700 per sq ft), providing diverse entry points for buyers in the region.

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 ₹6,500 per sq ft, which represents a depreciation of 24.3% compared to the previous period. Conversely, New Launch projects are priced at ₹6,450 per sq ft, reflecting a significant appreciation of 26.22% over the same timeframe, suggesting a narrowing price gap between completed and upcoming inventory.

What are the most prominent residential projects in Muttukadu by listing rates?

Key residential projects in Muttukadu include Altis Oceanique and VGN Coasta, both currently listed at ₹6,550 per sq ft and ₹6,450 per sq ft respectively, though both have seen price depreciations of 28.73% and 19.2% respectively. Additionally, Vijay Raja VRX Terrace is listed at ₹6,450 per sq ft, showing a strong appreciation of 26.22% as of June 2026, highlighting the varied performance of premium projects in the area.

How do rental rates in nearby micromarkets compare to Muttukadu?

While specific rental data for Muttukadu is currently unavailable, nearby micromarkets such as Sholinganallur and Perungudi both command an average rental rate of ₹100 per sq ft as of June 2026. These rates have remained stable with 0% change, providing a benchmark for potential rental income expectations for investors looking at the broader Chennai South region.

How should investors interpret the current property rate data for Muttukadu?

Investors should view the current average asking price of ₹8,100 per sq ft in Muttukadu alongside the recent micromarket rate fluctuations, which moved from ₹6,800 in March 2026 to ₹7,800 in June 2026. The 0% change in the overall asking price suggests that while the market is stabilizing, the variance between project statuses—such as the 26.22% appreciation in New Launch projects—indicates that growth potential is currently concentrated in specific development segments rather than the market as a whole.