Property Rates in Perumbakkam, Chennai

Property prices in Perumbakkam have shown some fluctuation over the past year. From June 2025 to March 2026, the average location rate has increased from ₹0 per sq ft to ₹6,571 per sq ft. However, the micromarket rate saw a significant decrease from ₹10,133 per sq ft in June 2025 to ₹6,775 per sq ft in March 2026, suggesting varied performance across different micro-segments within Perumbakkam.

Property rates vary significantly across neighborhoods surrounding Perumbakkam as of March 2026. Madambakkam leads with an average rate of ₹19,404 per sq ft, while Arasankalani is at the lower end with ₹5,357 per sq ft. Other notable micromarkets include Sholinganallur at ₹8,575 per sq ft and Medavakkam at ₹7,943 per sq ft. Santhosapuram has seen a notable appreciation of 6.14%, reaching ₹7,330 per sq ft.

As of March 2026, the average price for apartments in Perumbakkam stands at ₹6,571 per sq ft. This rate has appreciated by 0.86% compared to the previous period, reflecting a positive trend for apartment sales in the locality.

In Perumbakkam, property prices vary by construction status as of March 2026. 'Ready To Move' properties are priced at an average of ₹5,908 per sq ft, showing a 3.4% appreciation. 'Partially Ready To Move' properties are slightly lower at ₹5,352 per sq ft, with a slight depreciation of -0.67%. 'New Launch' properties are available at ₹5,324 per sq ft, experiencing a minor dip of -0.76%, while 'Mid Stage' properties are priced at ₹5,834 per sq ft, with a notable depreciation of -4.74%.

As of March 2026, several projects in Perumbakkam command high listing rates. Ozone Greens Perumbakkam is listed at ₹7,749 per sq ft, having appreciated by 23.04%. Other projects with high listing rates include Saradeuz Olympus at ₹6,989 per sq ft and Malles Akankssha at ₹6,956 per sq ft. Casa Grande Vogue has seen a significant appreciation of 25.17%, reaching ₹6,540 per sq ft.

Rental rates in areas surrounding Perumbakkam show variation as of March 2026. Sholinganallur offers an average rental rate of ₹76 per sq ft, with no change in the past period. Perungudi, a nearby micromarket, has a higher average rental rate of ₹124 per sq ft, also showing no change.

The rental yield in Perumbakkam is currently listed as 'NA' as of March 2026, and the average rental rate is ₹0 per sq ft. This indicates that detailed rental income data is not available for this specific period or locality within the provided dataset.

Comparing rental rates across micromarkets near Perumbakkam, Sholinganallur has an average rental rate of ₹76 per sq ft as of March 2026, with no change reported. Perungudi shows a higher average rental rate of ₹124 per sq ft, also with no reported change. These figures suggest varying rental demand and supply dynamics in these adjacent areas.

As of March 2026, the average asking price in Perumbakkam is ₹6,571 per sq ft. This is lower than the micromarket average of ₹6,775 per sq ft for the same period. However, it's important to note that the micromarket rate has decreased significantly from ₹7,307 per sq ft in December 2025, while Perumbakkam's location rate has seen a slight increase.

The price trend in Perumbakkam suggests a mixed market. While the overall location rate appreciated by 0.86% to ₹6,571 per sq ft by March 2026, the micromarket rate saw a substantial drop from ₹7,307 per sq ft in December 2025 to ₹6,775 per sq ft in March 2026. This indicates that while the broader Perumbakkam area might be seeing stable demand, specific micro-segments could be experiencing price corrections, potentially offering buying opportunities for investors.

As of March 2026, 'Ready To Move' properties in Perumbakkam are priced at an average of ₹5,908 per sq ft, showing a positive appreciation of 3.4%. In contrast, 'New Launch' properties are priced lower at ₹5,324 per sq ft, with a slight depreciation of -0.76%. This suggests that immediate occupancy properties currently command a premium over newly launched ones in Perumbakkam.

Within the broader vicinity of Perumbakkam, Santhosapuram has shown significant price appreciation, increasing by 6.14% to an average rate of ₹7,330 per sq ft as of March 2026. Sholinganallur also experienced a 1.04% appreciation, reaching ₹8,575 per sq ft. Medavakkam saw a 3.25% rise, with properties averaging ₹7,943 per sq ft.

As of March 2026, listing rates for projects in Perumbakkam show varied trends. Ozone Greens Perumbakkam has seen a significant appreciation of 23.04% to ₹7,749 per sq ft. Similarly, Radiance Realty Mercury appreciated by 30.39% to ₹6,530 per sq ft, and Urban Tree Oxygen rose by 5.98% to ₹6,417 per sq ft. Conversely, KG Good Fortune depreciated by -7.08% to ₹6,501 per sq ft.