Property Rates in Perumbakkam, Chennai 2026

Property rates in Perumbakkam at ₹6,550 per sq ft are generally more accessible compared to several surrounding neighbourhoods. For instance, Pallavaram commands an average asking price of ₹8,950 per sq ft (which has appreciated by 5.47%), while Sholinganallur and Perungudi are priced at ₹8,600 per sq ft and ₹11,050 per sq ft, respectively. Investors often look at these variations to identify value-driven entry points in the Chennai South corridor.

As of June 2026, Ready To Move projects in Perumbakkam are priced at an average of ₹5,900 per sq ft, having appreciated by 3.4% over the observed period. In contrast, New Launch projects are currently priced at ₹5,300 per sq ft, which reflects a depreciation of 0.76% compared to the previous period. This pricing gap often highlights the premium buyers pay for immediate possession versus the lower entry cost of under-construction inventory.

As of June 2026, Ozone Greens Perumbakkam leads with a listing rate of ₹7,750 per sq ft, showing a significant appreciation of 23.04% compared to the previous period. Other premium projects include Saradeuz Olympus at ₹7,000 per sq ft and Malles Akankssha at ₹6,950 per sq ft, both of which have maintained stable pricing with 0% change. These figures indicate that established projects with strong amenities continue to hold or increase their value in the local market.

Rental rates in the immediate vicinity of Perumbakkam, specifically in Sholinganallur and Perungudi, are currently averaging ₹100 per sq ft as of June 2026. These rental rates have remained stable with a 0% change, suggesting a consistent rental demand in these key employment hubs. For tenants and investors, this stability provides a predictable baseline for calculating potential rental income in the region.

The price trend in Perumbakkam shows a nuanced trajectory, with the location rate reaching ₹6,550 per sq ft as of June 2026. By tracking the quarterly data—such as the shift from ₹6,000 per sq ft in September 2025 to the current levels—buyers can observe the market's resilience. Consistent monitoring of these trends helps investors and end-users time their purchases to align with broader market movements and local supply dynamics.

Yes, price fluctuations vary significantly by project status and specific developments. For example, while Ready To Move properties have appreciated by 3.4% to reach ₹5,900 per sq ft, projects in the Mid Stage of construction have seen a depreciation of 4.74%, currently priced at ₹5,850 per sq ft as of June 2026. Such variations highlight the importance of evaluating project-specific status and historical performance before making an investment decision.