Property Rates in Perungudi, Chennai 2026

Property prices in Perungudi, at ₹11,050 per sq ft, sit in a mid-range position when compared to surrounding areas. For instance, Guindy commands a higher average of ₹14,700 per sq ft, though it has seen a depreciation of 12.07%. Conversely, more affordable options exist nearby, such as Santhosapuram at ₹7,350 per sq ft (which appreciated by 6.14%) and Medavakkam at ₹7,950 per sq ft (which appreciated by 3.25%). These variations reflect the differing infrastructure and connectivity profiles of each locality.

Villas in Perungudi currently command a premium with an average price of ₹12,150 per sq ft, a rate that has remained stable with 0% change as of Jun 2026. In comparison, apartments are priced at an average of ₹11,050 per sq ft, which reflects a depreciation of 0.55% over the same period. This price gap highlights the higher capital value typically associated with independent villa living in the area.

As of Jun 2026, prices in Perungudi vary by project status: Ready To Move properties are priced at ₹7,600 per sq ft (appreciating by 1.07%), Mid Stage projects are at ₹7,700 per sq ft (appreciating by 4.81%), and New Launch projects are at ₹7,800 per sq ft (depreciating by 0.67%). This data suggests that completed, move-in-ready homes and mid-stage developments are currently seeing more positive price momentum compared to new project launches.

Casagrand Avenue Park is currently the most premium project in Perungudi with a listing rate of ₹11,750 per sq ft, having appreciated by 18.54% as of Jun 2026. 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 rates provide a clear picture of the diverse price points available, ranging from premium developments to more accessible housing options.

The average rental rate in Perungudi stands at ₹124 per sq ft as of Jun 2026, with rates remaining stable at 0% change. The locality currently offers a rental yield of 13.47%, which is a significant metric for investors to consider when evaluating the income potential of their residential assets relative to the current sale prices.

While Perungudi offers an average rental rate of ₹124 per sq ft, nearby Royapettah commands a higher rental rate of ₹200 per sq ft as of Jun 2026. Both areas have shown stable rental trends with 0% change, suggesting that rental demand in these specific pockets is currently consistent and predictable for landlords.

An investor should view the 13.47% rental yield in Perungudi as a key indicator of the locality's income-generating potential as of Jun 2026. Because this yield is calculated against the current average asking price of ₹11,050 per sq ft, it helps in assessing whether the property serves as a viable cash-flow asset or if the capital appreciation potential, which has seen a minor 0.55% depreciation, is the primary driver for investment.