Property Rates in Nungambakkam, Chennai 2026

Property prices in Nungambakkam, currently at ₹15,750 per sq ft, are positioned competitively against other key Chennai areas. For comparison, Egmore records an average rate of ₹16,750 per sq ft (having appreciated by 11.59% over the relevant period), while Guindy is at ₹15,650 per sq ft (up by 6.71%). Other areas like Anna Nagar West are priced at ₹16,100 per sq ft (up by 3.6%), and Perambur remains more accessible at ₹9,550 per sq ft (up by 0.18%).

Villas in Nungambakkam command a premium with an average asking price of ₹19,000 per sq ft as of June 2026, having appreciated by 15.67% compared to the previous period. In contrast, apartments are priced at an average of ₹15,750 per sq ft, which reflects a depreciation of 26.07% over the same timeframe, suggesting a shift in demand or supply dynamics between these two property types.

As of June 2026, Ready To Move properties in Nungambakkam are priced at ₹13,450 per sq ft, showing a marginal appreciation of 0.38%. Under Construction projects are currently averaging ₹12,300 per sq ft, having appreciated by 5.81%. Meanwhile, New Launch projects are priced at ₹11,500 per sq ft, which represents a depreciation of 7.6% compared to the prior period.

The average rental rate in Nungambakkam is ₹50 per sq ft as of June 2026, which has seen a depreciation of 27.54% compared to the previous period. The locality offers a rental yield of 3.81%, a key metric for investors to evaluate the annual income potential of their property relative to the capital investment required for purchase.

Rental rates for both office spaces and co-working spaces in Nungambakkam are currently averaging ₹50 per sq ft as of June 2026. While office space rentals have depreciated by 27.54% compared to the previous period, co-working spaces have seen a more moderate depreciation of 3.28% over the same timeframe.

As of June 2026, the premium residential projects in Nungambakkam include Kalpataru One Crest at ₹24,250 per sq ft (depreciated by 0.86%) and VGN Notting Hill at ₹22,700 per sq ft (depreciated by 2.09%). Other high-value projects include CEEBROS River Heights at ₹17,950 per sq ft (appreciated by 57.23%) and Patio Apartments at ₹17,700 per sq ft (appreciated by 43.55%). These rates reflect the diverse positioning of luxury and established developments within the locality.

The price trends in Nungambakkam show a dynamic market, with the location rate recorded at ₹15,750 per sq ft in June 2026. Investors should note that while the market saw fluctuations in late 2025—reaching a high of ₹21,800 per sq ft in September 2025—the current pricing reflects a stabilization. Reviewing these trends helps in understanding the cyclical nature of the local real estate market and identifying entry points based on historical performance.