Property Rates in Perungudi, Chennai 2026

Property rates in Perungudi vary significantly when compared to surrounding areas in Chennai. As of June 2026, while Perungudi stands at ₹11,050 per sq ft, nearby areas like Guindy command a higher average of ₹14,700 per sq ft (which has seen a depreciation of 12.07% over the observed period) and Kottivakkam at ₹14,000 per sq ft (which has appreciated by 15.51%). Conversely, more affordable options are available in areas like Santhosapuram at ₹7,350 per sq ft, which has appreciated by 6.14%.

As of June 2026, villas in Perungudi command a premium with an average price of ₹12,150 per sq ft, a rate that has remained stable with 0% change. In comparison, apartments in Perungudi are priced at an average of ₹11,050 per sq ft, reflecting a depreciation of 0.55% over the same period. This price gap typically highlights the preference for larger, independent living spaces in the current market.

As of June 2026, property rates in Perungudi vary by construction status: Ready To Move properties average ₹7,600 per sq ft (having appreciated by 1.07%), Mid Stage projects are at ₹7,700 per sq ft (an appreciation of 4.81%), and New Launch projects are priced at ₹7,800 per sq ft (a depreciation of 0.67%). These figures help buyers assess the risk-to-reward ratio between immediate occupancy and under-construction investment.

The rental yield in Perungudi is 13.47% as of June 2026, with an average rental rate of ₹124 per sq ft, which has remained stable at 0% change. A rental yield of this magnitude indicates a potentially strong income-generating asset for investors, suggesting that the rental market in Perungudi is currently robust relative to the capital investment required for property acquisition.

As of June 2026, the average rental rate in Perungudi is ₹124 per sq ft, showing no change in value. In contrast, Royapettah commands a significantly higher average rental rate of ₹200 per sq ft, which has also remained stable at 0% change. This comparison highlights the premium commanded by central business districts or high-demand commercial hubs over suburban residential localities like Perungudi.

As of June 2026, Casagrand Avenue Park is among the prominent projects in Perungudi, with an average listing rate of ₹11,750 per sq ft, marking an appreciation of 18.54%. Other notable projects include Ramaniyam Magnum at ₹8,050 per sq ft (depreciating by 30.82%) and Vintage Prathiksha at ₹7,950 per sq ft (appreciating by 8.05%). These listing rates provide a benchmark for buyers evaluating the current market positioning of various residential developments in the area.

Buyers should observe that the average asking price in Perungudi has shown a slight downward movement, reaching ₹11,050 per sq ft as of June 2026. By tracking the quarterly data, such as the shift from ₹11,150 per sq ft in December 2025 to the current levels, investors can identify entry points during periods of price correction. It is essential to balance these trends with the specific project status and individual project appreciation rates before making a purchase decision.