Property Rates in Purasawakkam, Chennai 2026

Property price trends in Purasawakkam have shown a fluctuating trajectory over the past year. According to the data, the micromarket rate was ₹9,900 per sq ft in September 2025, rose to ₹10,000 per sq ft by December 2025, peaked at ₹11,950 per sq ft in March 2026, and settled at ₹11,600 per sq ft as of June 2026.

Purasawakkam, with an average asking price of ₹16,800 per sq ft as of June 2026, remains one of the premium residential pockets in the region. For comparison, nearby areas include Egmore at ₹16,750 per sq ft (which appreciated by 11.59% from June 2025 to June 2026), Anna Nagar West at ₹16,100 per sq ft (up by 3.6% over the same period), and Nungambakkam at ₹15,750 per sq ft, which has seen stable pricing. More affordable options in the vicinity include Perambur at ₹9,550 per sq ft, Madhavaram at ₹8,050 per sq ft, and Kolathur at ₹7,400 per sq ft.

As of June 2026, ready-to-move properties in Purasawakkam are priced at an average of ₹11,500 per sq ft, having depreciated by 0.71% compared to the previous period. In contrast, under-construction projects are currently listed at ₹9,600 per sq ft, reflecting a depreciation of 6.73%. Additionally, new launch projects are commanding a premium at ₹11,800 per sq ft, which represents an appreciation of 6.73%.

The highest listing rates in Purasawakkam are currently led by 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 as of June 2026. Other premium projects include Akshaya Homes 36 Carat at ₹16,000 per sq ft (up by 38.38%), Livedge Akshardham at ₹15,100 per sq ft (up by 46.5%), and Mystiq Apartments at ₹15,000 per sq ft (up by 45.39%) compared to the previous period.

Rental rates in the vicinity of Purasawakkam vary significantly by location. As of June 2026, Royapettah commands a higher average rental rate of ₹200 per sq ft, showing stable pricing with 0% change. Meanwhile, Nungambakkam has an average rental rate of ₹50 per sq ft, which has seen a depreciation of 27.54% compared to the previous period.

Investors should view the Purasawakkam market as a premium residential hub where prices for established apartments currently average ₹16,800 per sq ft as of June 2026. While the overall apartment segment has seen a slight depreciation of 2.01% in asking prices, the presence of high-end projects like TVH Lumbini Square and Voora Narayana suggests sustained demand for luxury living. Potential buyers should monitor the status-wise pricing, as new launches at ₹11,800 per sq ft are currently showing positive appreciation, contrasting with the minor price corrections seen in ready-to-move and under-construction inventory.