Perungudi Property Rates — ₹11,050/sq ft

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Property rates in Perungudi average ₹11,050 per sq ft. This figure reflects a stable yet premium segment within Chennai South. The local residential market is anchored by established projects like Akshaya Rhythm, which commands ₹11,400 per sq ft. With diverse inventory ranging from ready-to-move units to new launches, the area offers a robust selection for both immediate occupiers and long-term investors seeking value in a developing IT-centric corridor.

Insights

Insights for Perungudi, Chennai Real Estate Market Overview

Perungudi continues to be a key residential hub in Chennai, characterized by a mix of high-value projects and steady demand across varying stages of development. The market has seen a slight adjustment in pricing recently, yet it remains a strong choice for home buyers looking for proximity to major employment centers. Rental demand is also active in surrounding areas, with competitive rates observed in nearby localities. The infrastructure and connectivity further bolster the area's appeal for long-term residential growth.

Ready to move projects in Perungudi are priced at ₹10,400 per sq ft, showing a significant growth of 37.58%.
New launch properties provide an entry point at ₹9,150 per sq ft, reflecting a 17.82% increase.
Akshaya Rhythm stands out as a premium project with a rate of ₹11,400 per sq ft and a 52.89% appreciation.
Nearby Sholinganallur shows a strong rental market with rates at ₹100 per sq ft.
Apartment prices in Perungudi have seen a slight shift of -0.55% to reach the current average of ₹11,050 per sq ft.

Market Strengths

Strong value appreciation in premium projects like Akshaya Rhythm at 52.89%.
Robust ready-to-move unit demand reflected by a 37.58% rate increase.
Diverse property status options ranging from new launches to established ready-to-move inventory.
High rental demand in key neighboring hubs like Sholinganallur and Ekkatuthangal at ₹100 per sq ft.
Stable pricing structure for mid-stage projects at ₹10,450 per sq ft.

Market Challenges

Apartment prices have experienced a marginal decline of -0.55% over the recent period.
Rental rates in Thyagaraya Nagar have seen a decrease of -13.1%.

Investment Opportunities

Ready-to-move projects offer significant capital appreciation potential with a 37.58% growth rate.
New launch segments provide a lower entry price point of ₹9,150 per sq ft for long-term investors.
Sholinganallur presents a strong rental yield potential with rates reaching ₹100 per sq ft.
Mid-stage developments at ₹10,450 per sq ft offer a balance between current pricing and near-term possession.

Top Localities in Perungudi, Chennai

Thiruvanmiyur

Avg Price ₹ 12,500 /Sq.Ft.

LISTINGS 1

Price Trend

Perungudi, Chennai Property Price Trends and Appreciation

Perungudi property rates show a steady trajectory, settling at ₹11,050 per sq ft as of March 2026. This reflects a slight moderation from the ₹11,150 recorded in December 2025 and the ₹11,200 observed in September 2025. These trends suggest a maturing market that balances high demand with consistent supply.

Asking Price Trends

₹ 11,050/Sq.Ft

Sep 2025 — Jun 2026

Quarter	City Rate
Jun 2026	0
Mar 2026	11050
Dec 2025	11150
Sep 2025	11200

About Asking Price Trends

Perungudi Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Thoraipakkam	9,250	8.8
Guindy	15,650	6.7
Pallikaranai	8,450	-
Jalladianpet	7,000	-
Sholinganallur	9,950	15.9
Medavakkam	8,150	2.7
Manapakkam	9,800	12.2

The surrounding micromarkets provide a wide spectrum of pricing, offering options for various buyer profiles. Guindy commands a premium at ₹15,650 per sq ft, representing the high end of the local real estate hierarchy. Meanwhile, Sholinganallur and Thoraipakkam hover at ₹9,950 per sq ft and ₹9,250 per sq ft respectively, while more accessible options like Jalladianpet are available at ₹7,000 per sq ft.

Type	Rate (₹/Sq.Ft)	Change %
Villa	12,150	-
Apartment	11,050	-0.5

Perungudi features a distinct split between residential property categories. Villas lead the premium tier, averaging ₹12,150 per sq ft, while apartments remain the primary supply choice at ₹11,050 per sq ft, reflecting a slight adjustment of -0.55%. This segmentation allows buyers to choose between the spacious luxury of villas and the convenience of modern apartment living.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	30	10,400	37.6
New Launch	7	9,150	17.8

The market inventory is well-distributed across various construction phases, catering to different possession timelines. Ready-to-move units are priced at ₹10,400 per sq ft, experiencing a notable growth of 37.58%, while mid-stage projects are valued at ₹10,450 per sq ft. New launches offer a more accessible entry at ₹9,150 per sq ft, providing flexibility for those looking to invest in upcoming developments.

Project & Developer Insights

Top Residential Projects and Developers in Perungudi

TVS Emerald Elements ₹ 93.9 L - ₹ 1.69 Cr

Chennai South, Chennai

TVS Emerald Aaranya ₹ 1.4 Cr - ₹ 2.14 Cr

Chennai South, Chennai

Ashiana Vatsalya ₹ 74 L - ₹ 1.37 Cr

Chennai South, Chennai

Ashiana Swarang ₹ 95 L - ₹ 2.68 Cr

Chennai South, Chennai

Godrej Azure ₹ 77.42 L - ₹ 1.65 Cr

Chennai South, Chennai

Provident Bayscape ₹ 66.49 L - ₹ 94.12 L

Chennai South, Chennai

Brigade Altius ₹ 2.39 Cr - ₹ 3.6 Cr

Chennai South, Chennai

Brigade Tech Boulevard ₹ 4.90 Cr - ₹ 4.90 Cr

Chennai South, Chennai

Brigade Stellaris ₹ 4.5 Cr - ₹ 7.99 Cr

Chennai South, Chennai

Brigade Icon ₹ 4.26 Cr - ₹ 4.26 Cr

Chennai South, Chennai

New Launch

Under Construction

Ready to Move

Casagrand ₹ 9.06 L - ₹ 6.51 Cr

129 Projects

Ramaniyam ₹ 32.5 L - ₹ 5.10 Cr

111 Projects
33 Years

Nahar Foundations ₹ 29.89 L - ₹ 6.36 Cr

53 Projects
16 Years

Steps Stone ₹ 14.92 L - ₹ 1.16 Cr

51 Projects
15 Years

Arihant Foundation ₹ 21.93 L - ₹ 8.8 Cr

31 Projects
24 Years

Jain Housing and Constructions Ltd ₹ 22.18 L - ₹ 3.12 Cr

28 Projects

Bhaggyam Constructions ₹ 27.66 L - ₹ 8.54 Cr

12 Projects
3 Years

Swathi Builders ₹ 2.41 Cr - ₹ 4.05 Cr

11 Projects

GR Natarajan And Co ₹ 1.77 Cr - ₹ 2.74 Cr

11 Projects

BBCL Prime Constructions Pvt Ltd ₹ 44.71 L - ₹ 2.65 Cr

7 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Akshaya Rhythm, Perungudi	11,400	52.9
Grm Homes, Perungudi	10,500	32.5
Nahar Arista, Perungudi	10,500	39.1
Sakthi Podhigai Homes, Perungudi	10,500	33
Vijay Shanthi Sri Jayendra Colony, Perungudi	10,500	33
Kriya Sankalp, Perungudi	10,500	32.9
Vintage Prathiksha, Perungudi	10,500	32
Customs And Excise Ezhilagam, Perungudi	10,450	38.7
The Royal Star, Perungudi	10,450	35.8
Crown De Chettinad, Perungudi	10,450	32.7

Premium residential developments in Perungudi define the local luxury landscape. Akshaya Rhythm sets the benchmark at ₹11,400 per sq ft with a 52.89% increase, followed by projects like GRM Homes, Nahar Arista, and Sakthi Podhigai Homes, which all command ₹10,500 per sq ft. These developments, along with Customs And Excise Ezhilagam and The Royal Star, highlight the area's appeal to high-end home seekers.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Govt Registration Rate ₹ 18,300 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,200 /Sq.Ft

Thane

Avg. Asking Price ₹ 16,000 /Sq.Ft

Govt Registration Rate ₹ 9,650 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 15,100 /Sq.Ft

Pune

Avg. Asking Price ₹ 13,550 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Noida

Avg. Asking Price ₹ 12,650 /Sq.Ft

Govt Registration Rate ₹ 9,100 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,400 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,800 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,600 /Sq.Ft

Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Perungudi, Chennai

Chennai Central

Avg. Asking Price ₹ 15,600 /Sq.Ft

Chennai North

Avg. Asking Price ₹ 11,600 /Sq.Ft

Chennai South

Avg. Asking Price ₹ 8,150 /Sq.Ft

Chennai West

Avg. Asking Price ₹ 7,250 /Sq.Ft

More insights about Perungudi, Chennai

Perungudi, Chennai Overview

Perungudi, Chennai Reviews

FAQ

Frequently Asked Questions About Property Rates in Perungudi, Chennai

What is the current average asking price in Perungudi as of June 2026?

The current average asking price in Perungudi is ₹11,050 per sq ft as of June 2026. This rate has remained stable, showing a 0% change compared to the previous period, which suggests a balanced market environment for buyers and sellers in this locality.

How do property prices in Perungudi compare to nearby areas in Chennai?

Property prices in Perungudi, at ₹11,050 per sq ft, sit in the mid-to-high range when compared to surrounding neighbourhoods. For context, Guindy commands a higher average rate of ₹15,650 per sq ft, having appreciated by 6.71% from June 2025 to June 2026. Conversely, more affordable options are available in areas like Jalladianpet at ₹7,000 per sq ft and Pallikaranai at ₹8,450 per sq ft, both of which have seen stable pricing with 0% change over the same period. Other nearby hubs include Sholinganallur at ₹9,950 per sq ft, which has seen significant appreciation of 15.88% from June 2025 to June 2026.

How does the average asking price differ between villas and apartments in Perungudi?

As of June 2026, villas in Perungudi are priced at an average of ₹12,150 per sq ft, while apartments are available at an average of ₹11,050 per sq ft. While villa pricing has remained stable with a 0% change, apartment rates have seen a minor depreciation of 0.55% from June 2025 to June 2026, indicating a slight softening in the apartment segment compared to the premium villa market.

What is the price difference between ready-to-move and under-construction projects in Perungudi?

Ready-to-move projects in Perungudi are currently priced at ₹10,400 per sq ft as of June 2026, showing a notable appreciation of 37.58% from June 2025 to June 2026. In contrast, new launch projects are priced at ₹9,150 per sq ft, having appreciated by 17.82% over the same period. Mid-stage projects are currently valued at ₹10,450 per sq ft, reflecting a 35.81% appreciation from June 2025 to June 2026. This trend suggests strong demand and capital growth across all project stages in the locality.

Which projects in Perungudi have the highest listing rates?

Akshaya Rhythm currently leads with the highest listing rate in Perungudi at ₹11,400 per sq ft as of June 2026, marking a significant appreciation of 52.89% from June 2025 to June 2026. Other prominent projects include GRM Homes, Nahar Arista, Sakthi Podhigai Homes, and Vijay Shanthi Sri Jayendra Colony, all of which are listed at ₹10,500 per sq ft. These projects have seen substantial appreciation ranging from 31.98% to 39.11% from June 2025 to June 2026, reflecting the premium positioning of these developments within the locality.

How do rental rates vary across different micromarkets near Perungudi?

Rental rates in the vicinity of Perungudi show a diverse range as of June 2026. Sholinganallur and Ekkatuthangal both command a rental rate of ₹100 per sq ft, with stable pricing showing 0% change from June 2025 to June 2026. Meanwhile, Ashok Nagar offers a lower rental rate of ₹50 per sq ft, also with 0% change over the same period. Thyagaraya Nagar also sits at ₹50 per sq ft but has experienced a depreciation of 13.1% from June 2025 to June 2026, suggesting a recent correction in rental demand in that specific area.

How should an investor interpret the price trends in Perungudi?

An investor should view the price trends in Perungudi as a sign of a maturing market with specific pockets of high growth. While the overall locality average has remained stable at ₹11,050 per sq ft as of June 2026, the significant appreciation seen in project-level data—such as the 52.89% increase in Akshaya Rhythm from June 2025 to June 2026—indicates that specific premium developments are driving value. Investors should focus on the status of the project, as ready-to-move units have shown strong appreciation of 37.58% from June 2025 to June 2026, suggesting that completed inventory is currently highly sought after.