Ullagaram Property Rates — ₹9,300/sq ft

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Property rates in Ullagaram average ₹9,300 per sq ft, reflecting a positive growth trend for the area. This valuation is supported by a variety of residential projects that cater to different buyer needs. The locality stands out for its balanced pricing compared to neighboring hubs, providing an accessible entry point for home seekers in Chennai. With a steady interest in apartment living, the market maintains a stable and promising outlook for potential investors and residents alike.

Insights

Insights for Ullagaram, Chennai Real Estate Market Overview

Ullagaram continues to be a focal point for residential property seekers in Chennai, with current market values holding steady at ₹9,300 per sq ft for apartments. The area has seen a notable 10.68% increase in apartment pricing, highlighting growing demand and sustained interest from potential homeowners. While the broader Chennai market shows varied price movements, Ullagaram offers a unique balance by providing proximity to key business districts while remaining relatively accessible. The rental landscape is equally active, with nearby hubs like Perungudi and Sholinganallur commanding rental rates of ₹100 per sq ft. Investors and homebuyers can find diverse options ranging from ready-to-move projects to emerging residential developments, making it a versatile choice for long-term value creation.

Apartment prices in Ullagaram have witnessed a significant growth of 10.68% over the recent period.
Ready-to-move projects are currently averaging ₹5,800 per sq ft, offering immediate possession opportunities for buyers.
Nearby areas like Puzhuthivakkam have recorded a substantial price change of 22.17%, indicating rising regional demand.
Rental rates in key neighboring locations such as Perungudi and Sholinganallur stand at ₹100 per sq ft, reflecting the area's strong rental yield potential.
Top residential projects like Ragaa The Sapphire and Sree Kanakavalli are actively shaping the local market with competitive pricing starting around ₹5,800 per sq ft.

Market Strengths

Ullagaram maintains a steady apartment average of ₹9,300 per sq ft, proving its resilience in the Chennai property market.
A 10.68% growth rate for apartments highlights the area's popularity and sustained buyer interest.
The presence of affordable ready-to-move projects at ₹5,800 per sq ft makes the area highly accessible to first-time homebuyers.
Strong rental rates of ₹100 per sq ft in adjacent localities confirm the area's status as a high-demand residential corridor.
Diverse project options from Ragaa The Sapphire to Naaghappa Orchid provide multiple price points for varying budgets.

Market Challenges

The broader micromarket rate of ₹10,150 per sq ft is higher than the average locality rate, suggesting Ullagaram is currently a value-driven alternative rather than a premium hub.
Some neighboring high-end areas like Guindy have seen a price correction of -12.07%, which may influence investor sentiment in the wider region.
Several nearby residential markets such as Manapakkam and Thoraipakkam have experienced slight price declines of -2.13% and -0.3% respectively.

Investment Opportunities

The 10.68% annual growth in apartment prices signals strong capital appreciation potential for long-term investors.
Ready-to-move properties at ₹5,800 per sq ft offer a lower entry cost compared to the general apartment average, providing immediate value.
Surrounding areas like Puzhuthivakkam show high growth potential with a 22.17% price increase, suggesting broader regional momentum.
Rental rates in nearby hubs like Perungudi and Sholinganallur at ₹100 per sq ft indicate high demand for rental housing in the vicinity.

Price Trend

Ullagaram, Chennai Property Price Trends and Appreciation

The property market in Ullagaram shows consistent pricing, with the current rate reaching ₹9,300 per sq ft as of September 2025. This figure reflects the area's steady development and increasing desirability among homebuyers in the southern part of Chennai. By maintaining this value, the locality continues to attract interest compared to the broader micromarket rate of ₹10,150 per sq ft.

Asking Price Trends

₹ 9,300/Sq.Ft

Sep 2025 — Jun 2026

Quarter	City Rate
Jun 2026	0
Mar 2026	0
Dec 2025	0
Sep 2025	9300

About Asking Price Trends

Ullagaram Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Puzhuthivakkam	8,450	22.2
Velachery	11,300	-
Pallavaram	8,950	5.5
Guindy	14,700	-12.1
Manapakkam	8,750	-2.1
Perungudi	11,050	-0.5
Thirumalai Nagar Annexe	11,050	-0.2
Thoraipakkam	8,500	-0.3
Medavakkam	7,950	3.3
Santhosapuram	7,350	6.1

Ullagaram sits within a dynamic regional landscape where surrounding localities offer varying price points for investors. Puzhuthivakkam has seen a remarkable 22.17% jump, now averaging ₹8,450 per sq ft, while Santhosapuram remains a more affordable option at ₹7,350 per sq ft with a 6.14% increase. Conversely, premium hubs like Guindy command significantly higher rates of ₹14,700 per sq ft, despite a recent -12.07% correction. This range allows buyers to choose between high-growth emerging zones and established, premium commercial corridors.

Type	Rate (₹/Sq.Ft)	Change %
Apartment	9,300	10.7

Ullagaram's real estate market is primarily defined by its apartment segment, which leads the residential category. These units are currently priced at an average of ₹9,300 per sq ft, marking a positive growth of 10.68%. This reflects a strong preference for apartment living, catering to both end-users and those looking for stable real estate investments.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	4	5,800	4.2

The market provides clear options for buyers based on their preferred move-in timelines. Ready-to-move inventory is available at an average rate of ₹5,800 per sq ft, having experienced a growth of 4.21%. This supply caters well to those seeking immediate occupancy without the wait times associated with under-construction properties.

Project & Developer Insights

Top Residential Projects and Developers in Ullagaram

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 ₹ 84.68 L - ₹ 2.23 Cr

Chennai South, Chennai

Provident Bayscape ₹ 52.31 L - ₹ 74.04 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

Brigade Icon ₹ 3.86 Cr - ₹ 3.86 Cr

Chennai South, Chennai

New Launch

Under Construction

Ready to Move

Naaghappa Shelters ₹ 59.22 L - ₹ 62.37 L

2 Projects

Sai Homes Chennai

1 Projects

Ragaa Builders

1 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Ragaa The Sapphire, Ullagaram	5,850	7
Sree Kanakavalli, Ullagaram	5,800	7.1
Sai Ganga Ullagaram, Ullagaram	5,800	1.1
Naaghappa Orchid, Ullagaram	5,700	2

Top residential projects in Ullagaram are setting the benchmark for value and quality in the area. Ragaa The Sapphire leads the segment with a current rate of ₹5,850 per sq ft, showing a 6.96% increase. Similarly, Sree Kanakavalli and Sai Ganga Ullagaram are both priced at ₹5,800 per sq ft, with Sree Kanakavalli recording a notable 7.06% growth. Naaghappa Orchid rounds out the list at ₹5,700 per sq ft, offering further variety for those looking for established residential options.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Govt Registration Rate ₹ 18,350 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,300 /Sq.Ft

Govt Registration Rate ₹ 13,950 /Sq.Ft

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 ₹ 5,900 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 8,900 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,700 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Micromarket-Wise Property Price Trends Around Ullagaram, 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 Ullagaram, Chennai

Ullagaram, Chennai Overview

FAQ

Frequently Asked Questions About Property Rates in Ullagaram, Chennai

What is the current average asking price in Ullagaram as of June 2026?

The average asking price in Ullagaram is ₹9,300 per sq ft as of June 2026. This rate has remained stable with a 0% change, indicating a balanced market environment where supply and demand have reached a temporary equilibrium.

How do property prices in Ullagaram compare to neighbouring areas in Chennai?

Property prices in Ullagaram, currently at ₹9,300 per sq ft, sit in the mid-range when compared to surrounding localities. For instance, Guindy commands a higher premium at ₹14,700 per sq ft, though it has seen a depreciation of 12.07% compared to previous periods. Meanwhile, Puzhuthivakkam has experienced significant growth, with rates reaching ₹8,450 per sq ft after an appreciation of 22.17%. Other nearby areas like Medavakkam and Santhosapuram offer more accessible entry points at ₹7,950 per sq ft and ₹7,350 per sq ft, respectively, both showing positive price appreciation trends.

What is the price trend for apartments in Ullagaram?

Apartments in Ullagaram are currently priced at an average of ₹9,300 per sq ft as of June 2026. This segment has shown strong performance, recording an appreciation of 10.68% over the observed period, which highlights a consistent demand for residential apartment living in this locality.

What are the rates for Ready To Move projects in Ullagaram?

Ready To Move projects in Ullagaram are currently available at an average price of ₹5,800 per sq ft as of June 2026. This category has seen an appreciation of 4.21% compared to previous periods, reflecting steady buyer interest in properties that offer immediate possession.

Which are the top residential projects in Ullagaram based on listing rates?

As of June 2026, several projects in Ullagaram stand out for their competitive listing rates. Ragaa The Sapphire is listed at ₹5,850 per sq ft, having appreciated by 6.96%. Sree Kanakavalli and Sai Ganga Ullagaram are both positioned at ₹5,800 per sq ft, with Sree Kanakavalli showing a 7.06% appreciation and Sai Ganga Ullagaram showing a 1.09% appreciation. Additionally, Naaghappa Orchid is listed at ₹5,700 per sq ft, reflecting an appreciation of 1.96%.

How do rental rates vary across different micromarkets near Ullagaram?

Rental rates in the vicinity of Ullagaram show a diverse range depending on the specific micromarket. Areas like Perungudi, Ekkatuthangal, and Sholinganallur command higher rental rates of ₹100 per sq ft, with rates remaining stable at 0% change. In contrast, Ashok Nagar and Porur offer more affordable rental options at ₹50 per sq ft, also maintaining stable rental pricing with 0% change as of June 2026.

How should an investor interpret the rental data provided for the Ullagaram region?

Investors should note that while specific rental yield data for Ullagaram is currently unavailable, the surrounding micromarkets provide a clear benchmark for income potential. With rental rates ranging from ₹50 per sq ft in areas like Porur to ₹100 per sq ft in hubs like Perungudi, investors can gauge potential returns by comparing these figures against the capital outlay required for property acquisition in the broader Chennai south region. The stability in rental rates, marked by a 0% change across these key areas as of June 2026, suggests a consistent and predictable rental market for landlords.