Property Rates in Perungudi, Chennai

Property rates in Perungudi have shown some fluctuation over the past year. From June 2025 to March 2026, the average asking price per sq ft has moved from ₹3,750 to ₹11,050. Specifically, rates were ₹11,200 per sq ft in September 2025, and ₹11,150 per sq ft in December 2025, before seeing a slight decrease to ₹11,050 per sq ft in March 2026. This indicates a general upward trend followed by a recent stabilization or minor correction.

Property prices vary significantly across micromarkets near Perungudi as of March 2026. Guindy shows the highest average rate at ₹14,700 per sq ft, though it has depreciated by 12.07% recently. Kottivakkam also commands a premium at ₹14,000 per sq ft, having appreciated by a substantial 15.51%. In contrast, areas like Medavakkam are more affordable at ₹7,950 per sq ft, with a 3.25% appreciation, and Santhosapuram at ₹7,350 per sq ft, showing a 6.14% appreciation. Other micromarkets like Thirumalai Nagar Annexe are priced at ₹11,050 per sq ft, Thoraipakkam at ₹8,500 per sq ft, and Sholinganallur at ₹8,600 per sq ft.

As of March 2026, apartments in Perungudi have an average price of ₹11,050 per sq ft, which has seen a slight depreciation of 0.55%. Villas in the area are priced higher, at an average of ₹12,150 per sq ft, with no change in price reported over the comparison period.

In Perungudi, Ready To Move properties are priced at an average of ₹7,400 per sq ft as of March 2026, showing a depreciation of 1.34%. New Launch properties are slightly more expensive, averaging ₹7,800 per sq ft, and have experienced a minor depreciation of 0.41%. Mid Stage properties are priced at ₹7,450 per sq ft, with a slight appreciation of 1.24%.

As of March 2026, Casagrand Avenue Park in Perungudi has the highest listing rate at ₹10,550 per sq ft, showing an appreciation of 6.59%. Other projects with notable listing rates include Ramaniyam Magnum at ₹7,600 per sq ft (a significant depreciation of 34.83%), and Vijay Shanthi Sri Jayendra Colony and Vintage Prathiksha, both at ₹7,550 per sq ft, with respective appreciations of 3.09% and 2.39%.

The average rental rate in Perungudi is ₹124 per sq ft as of March 2026, with no change reported in the rental rate over the comparison period. The area boasts a rental yield of 13.47%, which suggests a healthy potential return on investment for property owners looking to generate rental income relative to the capital value of their property.

Rental rates vary across micromarkets near Perungudi. Sholinganallur and Ekkatuthangal both offer average rental rates of ₹100 per sq ft, with no change reported. Ashok Nagar has a lower average rental rate of ₹50 per sq ft. Thyagaraya Nagar, however, shows a more significant rental rate of ₹50 per sq ft but has experienced a depreciation of 13.1% in rental values.

The available data provides an overall average rental rate for Perungudi at ₹124 per sq ft as of March 2026. However, it does not differentiate between rental rates for apartments and villas. Specific breakdowns by property type for rentals are not included in this dataset.

As of March 2026, the average asking price for Perungudi as a whole stands at ₹11,050 per sq ft. This is higher than the micromarket rate of ₹6,800 per sq ft for the same period. This difference suggests that Perungudi's overall average is influenced by higher-priced pockets or projects within its vicinity, compared to the broader micromarket average.

The average asking price in Perungudi has seen a change percentage of -0.55% as of March 2026. This indicates a slight depreciation in property values compared to the previous period. Such a movement could suggest a minor market correction, increased inventory, or softening buyer demand in the immediate short term.