Purasawakkam Property Rates — ₹16,800/sq ft

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Property rates in Purasawakkam average ₹16,800 per sq ft. This established Chennai locality remains a prime residential hub, featuring a diverse mix of ready-to-move projects and new launches. With premium developments like TVH Lumbini Square and Voora Narayana setting high-value benchmarks, the area continues to attract significant interest from buyers looking for well-connected urban living. Its consistent development activity underlines its status as a stable and desirable residential destination.

Insights

Insights for Purasawakkam, Chennai Real Estate Market Overview

Purasawakkam serves as a key residential node in Chennai, balancing established infrastructure with a steady influx of new housing projects. The market currently reflects a mature price point, with residential apartments commanding an average of ₹16,800 per sq ft. Investors and homebuyers can choose from a range of property statuses, including ready-to-move units that have seen notable price appreciation, as well as emerging new launches that cater to modern lifestyle requirements. The presence of high-end developments indicates a sustained demand for quality living spaces within this centrally located neighbourhood.

Ready to move projects in Purasawakkam currently average ₹11,600 per sq ft, reflecting a strong growth of 24.29%.
New launches are priced at an average of ₹11,050 per sq ft, showing a positive trend of 3.94%.
Premium projects like TVH Lumbini Square and Voora Narayana lead the market with rates reaching ₹22,150 and ₹21,100 per sq ft respectively.
Under construction projects currently offer an entry point at ₹10,300 per sq ft, with a 5.26% increase in value.

Market Strengths

High average property rates of ₹16,800 per sq ft demonstrate strong market demand and high value perception.
Ready to move projects have recorded a substantial 24.29% growth, indicating robust demand for immediate occupancy.
A diverse range of project statuses, from new launches to fully completed units, provides flexibility for different investor profiles.
Premium developments like TVH Lumbini Square anchor the market with high-value price points.
The 10.77% growth in partially ready to move projects highlights steady and consistent market performance.

Investment Opportunities

Ready to move apartments in Purasawakkam have shown a significant appreciation of 24.29%, making them a strong consideration for capital growth.
New launch projects at an average of ₹11,050 per sq ft offer a competitive entry point for investors targeting long-term value.
Under construction properties priced at ₹10,300 per sq ft provide an attractive alternative for those looking to capitalize on future price increments.
Partially ready to move inventory represents a balanced investment opportunity, currently priced at ₹11,550 per sq ft with a 10.77% growth rate.

Top Localities in Purasawakkam, Chennai

Ayanavaram

Avg Price ₹ 8,800 /Sq.Ft.

LISTINGS 1

Price Trend

Purasawakkam, Chennai Property Price Trends and Appreciation

About Asking Price Trends

Purasawakkam Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Egmore	15,000	5.2
Perambur	9,500	14.8
Peravallur	8,550	-
Anna Nagar West	15,550	4.9
Kolathur	6,700	6.9
Koyambedu	8,500	-3.4
Madhavaram	7,600	1.1
Nerkundram	7,950	5.1
Mogappair	6,600	-8.2

Purasawakkam sits at a significant price premium compared to surrounding micro-markets in Chennai. While nearby areas like Kolathur hover around ₹6,700 per sq ft and Mogappair averages ₹6,600 per sq ft, Purasawakkam commands a much higher valuation. This disparity highlights its central location and established urban character, positioning it as a premium residential choice over the more affordable peripheral zones.

Type	Rate (₹/Sq.Ft)	Change %
Apartment	16,800	-2

The residential market in Purasawakkam is primarily driven by apartment living, which averages ₹16,800 per sq ft. This segment has experienced a minor adjustment of -2.01%, reflecting a stable valuation for premium urban housing. Buyers here prioritize location and convenience, favoring established apartment complexes that offer immediate or near-term occupancy.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	22	11,598	23.7
Under Construction	1	10,300	5.3
New Launch	3	11,050	3.9

Purasawakkam offers a balanced supply of residential projects across various development stages. Ready to move projects, which include 21 units, average ₹11,600 per sq ft and have seen a 24.29% increase in value. Meanwhile, three new launch projects are priced at ₹11,050 per sq ft, and one under construction project is available at ₹10,300 per sq ft, providing options for both immediate and future-focused homebuyers.

Project & Developer Insights

Top Residential Projects and Developers in Purasawakkam

TVS Emerald Luxor ₹ 3.18 Cr - ₹ 4.5 Cr

Chennai North, Chennai

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 ₹ 72.97 L - ₹ 1.4 Cr

Chennai South, Chennai

Ashiana Swarang ₹ 82.08 L - ₹ 1.31 Cr

Chennai South, Chennai

Godrej Azure ₹ 77.42 L - ₹ 1.65 Cr

Chennai South, Chennai

Provident Bayscape ₹ 64.48 L - ₹ 91.27 L

Chennai South, Chennai

Brigade Altius ₹ 2.07 Cr - ₹ 3.28 Cr

Chennai South, Chennai

Brigade Tech Boulevard Price On Request

Chennai South, Chennai

Brigade Stellaris ₹ 4.49 Cr - ₹ 7.99 Cr

Chennai South, Chennai

New Launch

Under Construction

Ready to Move

Casagrand ₹ 9.06 L - ₹ 4.18 Cr

128 Projects

India Builders Corporation ₹ 2.4 Cr - ₹ 2.4 Cr

76 Projects

Akshaya Pvt Ltd ₹ 21.41 L - ₹ 9.25 Cr

59 Projects
24 Years

Arihant Foundation ₹ 21.93 L - ₹ 8.8 Cr

30 Projects
24 Years

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

27 Projects

Doshi ₹ 26.23 L - ₹ 7.48 Cr

25 Projects
37 Years

Rainbow ₹ 76.83 L - ₹ 3.96 Cr

22 Projects
9 Years

Agni Estates ₹ 15.37 L - ₹ 3.51 Cr

18 Projects
26 Years

TVH ₹ 25.31 L - ₹ 7.05 Cr

11 Projects
22 Years

SPR ₹ 57.19 L - ₹ 7.76 Cr

9 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Tvh Lumbini Square, Purasawakkam	22,150	-
Voora Narayana, Purasawakkam	21,100	-
Doshi Vimalachal, Purasawakkam	11,750	19.3
Akshaya Homes 36 Carat, Purasawakkam	11,550	10.8
Prince Shantiveer, Purasawakkam	11,550	10.8
Bbc Poornima Apartments, Purasawakkam	11,550	10.8
Lifestyle The Trophy, Purasawakkam	11,550	10.8
Springtime Apartments, Purasawakkam	11,350	10.9
St Saffron, Purasawakkam	11,250	3.4
Arihant Orchid, Purasawakkam	11,250	3.4

Premium residential developments in Purasawakkam are setting high value benchmarks for the local market. TVH Lumbini Square leads the segment at ₹22,150 per sq ft, followed closely by Voora Narayana at ₹21,100 per sq ft. Other notable projects such as Doshi Vimalachal and Akshaya Homes 36 Carat are priced at ₹11,750 and ₹11,550 per sq ft respectively, offering diverse options for discerning buyers.

Explore Property Rates in Top Cities

Delhi

Avg. Asking Price ₹ 18,350 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,500 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 14,850 /Sq.Ft

Pune

Avg. Asking Price ₹ 12,950 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,100 /Sq.Ft

Govt Registration Rate ₹ 5,950 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 9,150 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,800 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,700 /Sq.Ft

Govt Registration Rate ₹ 4,000 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,400 /Sq.Ft

Micromarket-Wise Property Price Trends Around Purasawakkam, Chennai

Chennai Central

Avg. Asking Price ₹ 15,000 /Sq.Ft

Chennai North

Avg. Asking Price ₹ 11,950 /Sq.Ft

Chennai West

Avg. Asking Price ₹ 6,900 /Sq.Ft

Chennai South

Avg. Asking Price ₹ 6,800 /Sq.Ft

More insights about Purasawakkam, Chennai

Purasawakkam, Chennai Overview

FAQ

Frequently Asked Questions About Property Rates in Purasawakkam, Chennai

What is the current average asking price in Purasawakkam?

As of June 2026, the average asking price in Purasawakkam stands at ₹16,800 per sq ft. This rate has remained stable with a change percentage of 0% over the observed period, indicating a consistent price environment for residential apartments in this locality.

How have property price trends in Purasawakkam evolved recently?

Property price trends in Purasawakkam have shown a slight fluctuation over the last few quarters. As of June 2026, the micromarket rate is ₹11,800 per sq ft, compared to ₹11,950 per sq ft in March 2026, ₹10,000 per sq ft in December 2025, and ₹9,900 per sq ft in September 2025. This trajectory reflects a period of adjustment following the growth observed between late 2025 and early 2026.

How do property rates in Purasawakkam compare to nearby localities?

Property rates in Purasawakkam vary significantly when compared to surrounding areas in Chennai. For instance, Egmore commands an average asking price of ₹15,000 per sq ft, which has appreciated by 5.16% from June 2025 to June 2026, while Anna Nagar West is priced at ₹15,550 per sq ft, showing an appreciation of 4.91% over the same period. Other nearby areas like Perambur at ₹9,500 per sq ft (up 14.79%) and Kolathur at ₹6,700 per sq ft (up 6.89%) offer more accessible entry points for buyers.

What is the price difference between Ready To Move and Under Construction properties in Purasawakkam?

As of June 2026, Ready To Move properties in Purasawakkam are priced at an average of ₹11,600 per sq ft, having appreciated by 24.29% from June 2025 to June 2026. In contrast, Under Construction projects are available at an average of ₹10,300 per sq ft, which has appreciated by 5.26% over the same period. This price gap often reflects the premium buyers are willing to pay for immediate possession and the reduced risk associated with completed projects.

Which are the most premium projects in Purasawakkam by listing rates?

The most premium residential projects in Purasawakkam, based on listing rates as of June 2026, include TVH Lumbini Square at ₹22,150 per sq ft and Voora Narayana at ₹21,100 per sq ft, both of which have maintained stable pricing with 0% change. Other notable projects include Doshi Vimalachal at ₹11,750 per sq ft, which has seen a significant appreciation of 19.31% from June 2025 to June 2026, and several projects like Akshaya Homes 36 Carat and Prince Shantiveer, both priced at ₹11,550 per sq ft with a 10.77% appreciation over the same period.

What do the rental rates in areas near Purasawakkam indicate for tenants?

Rental rates in the vicinity of Purasawakkam show a diverse landscape for tenants looking for options in Chennai. As of June 2026, Royapettah commands a rental rate of ₹200 per sq ft, which has remained stable with 0% change. Meanwhile, Nungambakkam offers an average rental rate of ₹50 per sq ft, which has depreciated by 27.54% from June 2025 to June 2026, potentially signaling a market correction or increased supply in that specific rental micromarket.

How should investors interpret the property status data in Purasawakkam?

Investors should note that as of June 2026, Ready To Move projects in Purasawakkam are the most active segment with 21 units, followed by New Launch projects with 3 units at ₹11,050 per sq ft (up 3.94% from June 2025 to June 2026). The presence of these varied statuses allows investors to choose between the immediate rental potential of ready-to-move units or the capital appreciation potential often associated with new launches, which have also seen a steady price increase over the last year.