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Property Rates in Perungudi, Chennai

Comprehensive Market Snapshot

Perungudi in Chennai presents a dynamic real estate landscape with an average asking price of ₹11,071 per sq ft, complemented by a notably strong rental market boasting an average rate of ₹124 per sq ft and an impressive rental yield of 13.44%. The locality's property values have experienced quarterly fluctuations, showcasing its evolving market dynamics, while diverse property types like villas and apartments cater to varied buyer preferences. This vibrant locality offers a mix of established and emerging residential options, making it a key area for both homeowners and investors in Chennai.

  • The average asking price for properties in Perungudi stands at ₹11,071 per sq ft.
  • Perungudi's rental market is robust, with an average rental rate of ₹124 per sq ft and a high rental yield of 13.44%.
  • Villas in Perungudi are priced at an average of ₹12,138 per sq ft, while apartments average ₹11,071 per sq ft.
  • Ready To Move properties are readily available with 29 units at an average of ₹7,496 per sq ft, showing a 0.5% price change.
  • Among nearby areas, Kalakshetra Colony commands the highest asking rate at ₹18,855 per sq ft.

  • Asking Sale Price₹ 11,071 /sq.ft

Insights for Perungudi, Chennai Real Estate Market

Perungudi's real estate market in Chennai is characterized by its competitive asking prices and a thriving rental segment, making it an attractive destination for various stakeholders. The average property asking price is ₹11,071 per sq ft, with quarterly price trends showing some volatility, including a notable dip to ₹3,741 per sq ft in June 2025 before recovering to ₹11,132 per sq ft by December 2025. The rental market, however, exhibits strong performance with an average rental rate of ₹124 per sq ft and an exceptional rental yield of 13.44%, indicating significant income generation potential for investors. Property types such as villas and apartments offer distinct price points, with villas averaging higher at ₹12,138 per sq ft, while a healthy supply of Ready To Move units at ₹7,496 per sq ft provides immediate occupancy options.

  • Perungudi's average asking price has seen fluctuations, reaching ₹11,132 per sq ft by December 2025 after a low of ₹3,741 per sq ft in June 2025.
  • The rental market in Perungudi offers a strong rental yield of 13.44% with an average rental rate of ₹124 per sq ft.
  • Apartments are available at an average of ₹11,071 per sq ft, showing a slight decrease of -0.55%, whereas villas average ₹12,138 per sq ft.
  • Ready To Move properties dominate the inventory with 29 units, priced at an average of ₹7,496 per sq ft, reflecting a 0.5% increase.
  • Among prominent projects, Ramaniyam Magnum has an asking rate of ₹11,637 per sq ft, experiencing a -4.18% change.

Market Strengths Market Strengths
  • Strong overall rental market: Perungudi boasts an average rental rate of ₹124 per sq ft, offering attractive income potential.
  • Exceptional rental yield: A 13.44% rental yield makes Perungudi highly appealing for rental income-focused investors.
  • Diverse property types: The availability of both villas (₹12,138 per sq ft) and apartments (₹11,071 per sq ft) caters to a broad range of preferences.
  • Good supply of Ready To Move properties: 29 units are available at an average of ₹7,496 per sq ft, providing immediate occupancy and rental opportunities.
  • Positive growth in key adjacent areas: Kottivakkam (5.12%) and Thoraipakkam (6.65%) show healthy appreciation, potentially influencing Perungudi's surrounding market positively.
  • Presence of new launch projects: New developments are entering the market, indicating ongoing growth and investor confidence in the area.
Market Challenges Market Challenges
  • Price volatility in Perungudi: The average rate dropped significantly from ₹9,108 per sq ft in March 2025 to ₹3,741 per sq ft in June 2025, indicating potential market instability.
  • Declining prices in some micro-markets: Ambedkar Nagar experienced a substantial -15.89% decrease, and Thirumalai Nagar Annexe saw a -1.97% drop, posing risks for investors in these specific areas.
  • Negative price change for apartments: The apartment segment saw a -0.55% change, suggesting a slight cooling or correction in this popular property type.
  • Negative price changes in some top projects: Ramaniyam Magnum (-4.18%) and Casagrand Avenue Park (-2.38%) show declining asking rates, which could impact investor returns.
Investment Opportunities Investment Opportunities
  • High rental yield: 13.44% indicates strong rental income potential for investors in Perungudi.
  • Diverse property options: Both villas (₹12,138 per sq ft) and apartments (₹11,071 per sq ft) are available, catering to different investment budgets and tenant preferences.
  • Growth in specific micro-markets: Kottivakkam and Thoraipakkam show positive price changes of 5.12% and 6.65% respectively, suggesting potential for capital appreciation in nearby areas.
  • Availability of New Launch projects: 5 units at ₹7,830 per sq ft with a 0.79% increase could offer modern investment options.
  • Ready To Move inventory: 29 units available could provide immediate rental income opportunities for buyers seeking quick returns.
Property Valuation

Comprehensive assessment of your property's current worth in the current market

Property Price Trends in Perungudi, Chennai

Asking Price Trends

Perungudi's property market has experienced notable shifts in its asking rates over recent quarters. The average rate stood at ₹9,108 per sq ft in March 2025, before experiencing a significant dip to ₹3,741 per sq ft by June 2025. Following this, the market demonstrated a strong recovery, climbing to ₹11,187 per sq ft in September 2025 and slightly adjusting to ₹11,132 per sq ft by December 2025, indicating a dynamic and responsive market.

Quarter City Rate
Dec 2025 11132
Sep 2025 11187
Jun 2025 3741
Mar 2025 9108
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Price Trends by Property Type

Perungudi's real estate market caters to diverse buyer preferences across property categories. Villas in the area present a premium option, averaging ₹12,138 per sq ft, without any recent change. Apartments, which make up a significant portion of the market, are priced at an average of ₹11,071 per sq ft, experiencing a slight adjustment of -0.55%. This segmentation allows buyers to choose properties that align with their lifestyle and investment goals, from spacious villas to more compact apartment living.

Type Rate (₹/sq.ft) Change %
Villa 12,138 -
Apartment 11,071 -0.55
Price Trends by Project Status

The Perungudi market offers properties across various development stages, catering to different buyer timelines and preferences. Ready To Move inventory, comprising 29 units, averages ₹7,496 per sq ft and has seen a modest increase of 0.5%, appealing to those seeking immediate occupancy. New Launch projects provide 5 opportunities at an average of ₹7,830 per sq ft, showing a 0.79% increase, indicating fresh supply. Additionally, Mid Stage projects, with 1 unit, are priced at ₹7,354 per sq ft, reflecting a 2.71% rise, offering options for buyers looking at ongoing developments.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 29 7,496 0.5
New Launch 5 7,830 0.79
Price Trends by Localities

Within Perungudi and its vicinity, property rates vary significantly, reflecting diverse market segments. Kalakshetra Colony commands the highest asking price at ₹18,855 per sq ft, while Shastri Nagar also stands strong at ₹17,368 per sq ft with a 2.06% increase. Kottivakkam shows positive momentum with a 5.12% rise, averaging ₹13,991 per sq ft. In contrast, Thirumalai Nagar Annexe is priced at ₹11,071 per sq ft but has seen a slight decline of -1.97%, and Ambedkar Nagar experienced a notable decrease of -15.89% to ₹9,000 per sq ft. Thoraipakkam, at ₹8,528 per sq ft, also recorded a healthy increase of 6.65%, offering more affordable options compared to the premium localities.

Location Rate (₹/sq.ft) Change %
Kandhanchavadi 10,608 -
Thirumalai Nagar Annexe 11,071 -2
Ambedkar Nagar 9,000 -15.9
Senthil Nagar 5,324 -
Kottivakkam 13,991 5.1
Velachery 11,696 -
Thiruvanmiyur 12,477 -4
Thoraipakkam 8,528 6.7
Kalakshetra Colony 18,855 -
Shastri Nagar 17,368 2.1

Project and Developer Insights

Top Projects in Perungudi
Casagrand Avenue Park is the top project in Perungudi with prices from ₹ 94.69 Lac to 2.13 Cr.
Casagrand Avenue Park ₹ 94.68 L - ₹ 2.13 Cr
  • Chennai South, Chennai
TVS Emerald Lake Shore ₹ 37.19 L - ₹ 83.99 L
  • Chennai South, Chennai
TVS Emerald Elements ₹ 67.99 L - ₹ 1.31 Cr
  • Chennai South, Chennai
TVS Emerald Aaranya ₹ 1.24 Cr - ₹ 2.14 Cr
  • Chennai South, Chennai
Ashiana Vatsalya ₹ 70 L - ₹ 1.26 Cr
  • Chennai South, Chennai
Ashiana Swarang ₹ 82.08 L - ₹ 1.31 Cr
  • Chennai South, Chennai
Godrej Azure ₹ 77.42 L - ₹ 2.23 Cr
  • Chennai South, Chennai
Radiance The Prime ₹ 45.85 L - ₹ 1.54 Cr
  • Chennai South, Chennai
Provident Bayscape ₹ 52.31 L - ₹ 74.04 L
  • Chennai South, Chennai
Casagrand Highclere ₹ 31.38 L - ₹ 64.91 L
  • Chennai South, Chennai
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New Launch
Under Construction
Ready to Move
Top Projects by Listing Rates

Premium residential developments in Perungudi showcase a range of asking prices, reflecting their unique offerings and market positioning. Ramaniyam Magnum leads with an asking rate of ₹11,637 per sq ft, though it has experienced a -4.18% change. Casagrand Avenue Park follows with a rate of ₹9,894 per sq ft, seeing a -2.38% adjustment. Plaza Green Acres maintains a steady rate of ₹9,667 per sq ft. Several projects, including Christ Homes, Kriya Sankalp, Nahar Arista, Vintage Prathiksha, Crown De Chettinad, The Royal Star, and Rams Apartments, are consistently priced at ₹7,354 per sq ft, with most showing a 2.47% to 2.71% increase, representing a stable segment of the market.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Ramaniyam Magnum 11,637 -4.2
Casagrand Avenue Park 9,894 -2.4
Plaza Green Acres 9,667 -
Christ Homes 7,354 2.5
Kriya Sankalp 7,354 2.5
Nahar Arista 7,354 2.5
Vintage Prathiksha 7,354 2.7
Crown De Chettinad 7,354 2.5
The Royal Star 7,354 2.7
Rams Apartments 7,354 2.5
Top Developers in Chennai
Casagrand leads in Chennai with 125 projects and years of experience.
DLF
Casagrand ₹ 9.06 L - ₹ 4.18 Cr
  • 125 Projects
DLF
Ramaniyam ₹ 32.5 L - ₹ 4.76 Cr
  • 108 Projects
  • 33 Years
DLF
Nahar Foundations ₹ 29.89 L - ₹ 2.14 Cr
  • 53 Projects
  • 16 Years
DLF
Steps Stone ₹ 14.92 L - ₹ 1.16 Cr
  • 51 Projects
  • 15 Years
DLF
Arihant Foundation ₹ 21.93 L - ₹ 8.8 Cr
  • 30 Projects
  • 24 Years
DLF
Jain Housing and Constructions Ltd ₹ 22.18 L - ₹ 3.12 Cr
  • 27 Projects
DLF
Bhaggyam Constructions ₹ 27.66 L - ₹ 8.54 Cr
  • 12 Projects
  • 3 Years
DLF
GR Natarajan And Co ₹ 1.77 Cr - ₹ 2.74 Cr
  • 11 Projects
DLF
Swathi Builders ₹ 2.34 Cr - ₹ 3.73 Cr
  • 10 Projects
DLF
BBCL Prime Constructions Pvt Ltd ₹ 44.71 L - ₹ 2.65 Cr
  • 7 Projects
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