Perungudi Property Rates — ₹11,050/sq ft

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Property rates in Perungudi average ₹11,050 per sq ft. This established Chennai locality remains a prime choice for residential buyers, with ready-to-move projects currently averaging ₹10,400 per sq ft. Investors often look toward the diverse housing inventory, ranging from modern apartments to spacious villas, which command a premium at ₹12,150 per sq ft. The market demonstrates steady activity, supported by a mix of new launches and well-developed residential complexes across the region.

Insights

Insights for Perungudi, Chennai Real Estate Market Overview

Perungudi offers a mature real estate market in Chennai, characterized by a stable pricing environment and a balanced mix of ready-to-move and new launch residential projects. The area benefits from its proximity to key IT corridors, which sustains demand for both apartments and luxury villas. While the apartment segment averages ₹11,050 per sq ft, premium villa developments command higher valuations, reflecting the diverse lifestyle options available to property seekers. The local rental market also remains competitive, with neighboring areas like Sholinganallur and Ekkatuthangal seeing rental rates around ₹100 per sq ft.

Apartments in Perungudi are currently priced at an average of ₹11,050 per sq ft.
Ready-to-move projects have shown a notable price appreciation of 37.58%.
Villas maintain a higher capital value, averaging ₹12,150 per sq ft.
New launch projects provide entry-level options at an average of ₹9,150 per sq ft.
Nearby Sholinganallur commands rental rates of ₹100 per sq ft.

Market Strengths

Ready-to-move properties have demonstrated strong growth, appreciating by 37.58%.
New launch projects in the area have seen a positive price change of 17.82%.
The locality maintains a competitive average apartment rate of ₹11,050 per sq ft.
Proximity to high-rental areas like Sholinganallur and Ekkatuthangal supports the local housing market.
Diverse project statuses allow buyers to choose between immediate occupancy and new inventory.

Market Challenges

Apartment prices experienced a minor downward adjustment of -0.55% recently.
High-end villa demand requires a higher capital outlay compared to standard apartment units.

Investment Opportunities

Ready-to-move projects offer high value with an average price of ₹10,400 per sq ft.
New launch projects provide a lower entry point at ₹9,150 per sq ft for long-term investors.
The villa segment provides a premium asset class averaging ₹12,150 per sq ft.
Strategic proximity to Sholinganallur, where rentals reach ₹100 per sq ft, enhances rental yield potential.

Price Trend

Perungudi, Chennai Property Price Trends and Appreciation

Perungudi has seen property rates hover around the ₹11,050 per sq ft mark as of March 2026. This follows a slight adjustment from the ₹11,150 per sq ft recorded in December 2025. These trends indicate a stable pricing environment for residential properties in the locality.

Asking Price Trends

₹ 11,050/Sq.Ft

Dec 2025 — Sep 2026

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

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

Perungudi is surrounded by several prominent Chennai localities, each with distinct pricing dynamics. Sholinganallur commands an average rate of ₹9,950 per sq ft, while Thoraipakkam remains accessible at ₹9,250 per sq ft. Pallikaranai and Medavakkam offer more budget-friendly entry points at ₹8,450 per sq ft and ₹8,150 per sq ft respectively. Meanwhile, the premium segment is anchored by Guindy, which averages a significantly higher rate of ₹15,650 per sq ft.

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

Perungudi caters to diverse buyer preferences through a mix of property categories. Apartments, which form the bulk of the market, are priced at ₹11,050 per sq ft. For those seeking more exclusive living spaces, villas command a premium rate of ₹12,150 per sq ft, reflecting high demand for independent housing options in this well-connected locality.

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

The Perungudi market provides a variety of options based on construction status to suit different buyer timelines. Ready-to-move inventory is priced at ₹10,400 per sq ft, while mid-stage projects are available at ₹10,450 per sq ft. Additionally, new launch projects offer more competitive pricing at ₹9,150 per sq ft, providing opportunities for buyers 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 - ₹ 6.58 Cr

132 Projects

Ramaniyam ₹ 46.59 L - ₹ 7.78 Cr

123 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

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

40 Projects

Arihant Foundation ₹ 21.93 L - ₹ 8.8 Cr

32 Projects
24 Years

GR Natarajan And Co ₹ 1.77 Cr - ₹ 2.74 Cr

16 Projects

Bhaggyam Constructions ₹ 27.66 L - ₹ 7.32 Cr

13 Projects
3 Years

Swathi Builders ₹ 2.37 Cr - ₹ 4.32 Cr

13 Projects

BBCL Prime Constructions Pvt Ltd ₹ 44.71 L - ₹ 2.73 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
Vintage Prathiksha, Perungudi	10,500	32
Kriya Sankalp, Perungudi	10,500	32.9
Crown De Chettinad, Perungudi	10,450	32.7
The Royal Star, Perungudi	10,450	35.8
Customs And Excise Ezhilagam, Perungudi	10,450	38.7

Premium residential developments in Perungudi set high-value benchmarks for the area. Akshaya Rhythm leads the segment with an asking price of ₹11,400 per sq ft, experiencing a growth of 52.89%. Other notable projects like GRM Homes, Nahar Arista, and Sakthi Podhigai Homes are all priced at ₹10,500 per sq ft, showcasing consistent demand for quality residential infrastructure in this region.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Govt Registration Rate ₹ 18,300 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,000 /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

Hyderabad

Avg. Asking Price ₹ 9,400 /Sq.Ft

Govt Registration Rate ₹ 3,650 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,950 /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 September 2026?

As of September 2026, the average asking price in Perungudi stands at ₹11,050 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consistency in the local residential market.

How have property prices in Perungudi trended throughout 2026?

Property price trends in Perungudi have shown a slight fluctuation over the course of 2026. While the micromarket rate was recorded at ₹6,800 per sq ft in March 2026, it rose to ₹8,150 per sq ft in June 2026 and further increased to ₹8,300 per sq ft by September 2026, suggesting a gradual upward trajectory in demand for the broader micromarket.

How do property prices in Perungudi compare to nearby areas like Sholinganallur or Thoraipakkam?

Perungudi, with an average asking price of ₹11,050 per sq ft as of September 2026, sits at a higher price point compared to several neighbouring localities. For context, Thoraipakkam currently averages ₹9,250 per sq ft, having appreciated by 8.84% from June 2025 to September 2026, while Sholinganallur averages ₹9,950 per sq ft, showing significant growth with a 15.88% appreciation over the same period. Meanwhile, areas like Pallikaranai and Jalladianpet remain more accessible, with average asking prices of ₹8,450 per sq ft and ₹7,000 per sq ft, respectively.

What is the price difference between villas and apartments in Perungudi?

As of September 2026, villas in Perungudi command a premium with an average price of ₹12,150 per sq ft, showing stable pricing with 0% change. In comparison, apartments are priced at an average of ₹11,050 per sq ft, having experienced a minor depreciation of 0.55% from June 2025 to September 2026, reflecting a slight market correction for high-density residential units.

How does the status of a project, such as Ready To Move versus New Launch, affect pricing in Perungudi?

Project status significantly influences pricing in Perungudi as of September 2026. Ready To Move units are currently priced at ₹10,400 per sq ft, having appreciated by 37.58% from June 2025 to September 2026, while New Launch projects are available at ₹9,150 per sq ft, which has appreciated by 17.82% over the same period. Mid-stage projects currently command ₹10,450 per sq ft, reflecting a 35.81% appreciation from June 2025 to September 2026, highlighting that completed or near-completion inventory currently holds a stronger value premium.

Which are some of the premium projects in Perungudi based on current listing rates?

Several projects in Perungudi currently reflect premium listing rates as of September 2026. Akshaya Rhythm leads with a rate of ₹11,400 per sq ft, having appreciated by 52.89% from June 2025 to September 2026. Other notable projects like GRM Homes, Nahar Arista, and Sakthi Podhigai Homes are all listed at ₹10,500 per sq ft, each showing substantial appreciation over the same period, ranging from 32.46% to 39.11%, indicating strong sustained interest in these specific developments.

What are the rental trends in areas surrounding Perungudi?

Rental rates in the vicinity of Perungudi vary significantly depending on the specific locality as of September 2026. Sholinganallur and Ekkatuthangal both command rental rates of ₹100 per sq ft, with stable pricing showing 0% change. In contrast, Ashok Nagar and Thyagaraya Nagar offer lower rental rates at ₹50 per sq ft; notably, Thyagaraya Nagar has seen a depreciation of 13.1% from June 2025 to September 2026, suggesting a softening in rental demand in that specific area.

How should a potential buyer interpret the price stability in Perungudi?

The price stability in Perungudi, where the average asking price remains at ₹11,050 per sq ft as of September 2026 with 0% change, typically indicates a balanced market where supply and demand are currently in equilibrium. For buyers, this suggests a period of predictability, making it an opportune time to negotiate or conduct thorough due diligence without the pressure of rapid, speculative price hikes. Investors should view this as a sign of a mature, stable market rather than one driven by short-term volatility.