Squareyards Logo
Blogs
Sell or Rent Property
Login
Insights

Insights for Uthandi, Chennai Real Estate Market Overview

The Uthandi real estate market reflects a dynamic environment for property seekers, characterized by a distinct preference for premium residential villas alongside steady apartment demand. Recent quarterly trends show price adjustments that highlight the evolving value proposition of the area. Rental prospects in the surrounding regions remain stable, supported by consistent interest in neighboring hubs like Sholinganallur and Perungudi. Developers continue to align their project launches with these shifting buyer expectations, focusing on both luxury and functional living spaces.

  • Villas in Uthandi represent the premium end of the market, averaging ₹9,850 per sq ft with a positive growth of 2.79%.
  • Ready-to-move apartment units are available at an attractive average rate of ₹5,600 per sq ft, showing a strong appreciation of 7.42%.
  • Neighboring areas such as Kelambakkam and Santhosapuram have recorded significant annual price gains of 6.29% and 6.14% respectively.
  • Rental rates in proximity-linked localities like Sholinganallur and Perungudi are holding steady at ₹100 per sq ft.
  • Alpha Enclave stands out as a key project with a current listing rate of ₹6,100 per sq ft.

Market Strengths
  • Ready-to-move properties in Uthandi have demonstrated robust demand with a 7.42% price increase.
  • Villas remain a high-value asset class with a 2.79% growth rate.
  • Santhosapuram and Kelambakkam serve as high-momentum growth pockets with gains exceeding 6%.
  • Rental stability in surrounding areas like Perungudi and Sholinganallur provides a reliable baseline for the broader region.
  • Alpha Enclave shows strong value growth potential with a 17% change in listing rates.
Market Challenges
  • Apartment segments have seen a slight price correction of -1.23% in the recent quarter.
  • Thoraipakkam and Perungudi have experienced minor downward price adjustments of -0.3% and -0.55% respectively.
  • Thirumalai Nagar Annexe also recorded a marginal decline of -0.17% in property rates.
Investment Opportunities
  • Ready-to-move apartment units provide a strong entry point for investors at an average of ₹5,600 per sq ft.
  • The villa segment offers potential for value appreciation, currently priced at ₹9,850 per sq ft with a 2.79% growth.
  • Proximity to rental hubs like Sholinganallur, where rates are ₹100 per sq ft, supports long-term rental income potential.
  • High-growth neighboring markets like Kelambakkam, which saw a 6.29% increase, offer alternative investment corridors.
Top Localities in Uthandi, Chennai

Kanathur Reddikuppam

Avg Price ₹ 8,750 /sqft
LISTINGS 1
Price Trend

Uthandi, Chennai Property Price Trends and Appreciation

The Uthandi market experienced a price trajectory that moved from ₹7,300 per sq ft in June 2025 to a peak of ₹7,950 per sq ft in September 2025. By December 2025, the rate stabilized at ₹7,850 per sq ft. This movement underscores a resilient demand pattern as the locality matures.
Asking Price Trends
₹ 7,850/sq.ft.
Jun 2025 — Mar 2026
Quarter City Rate
Mar 2026 0
Dec 2025 7850
Sep 2025 7950
Jun 2025 7300
About Asking Price Trends
Uthandi Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/sq.ft) Change %
Thazhambur 7,700 0.5
Sholinganallur 8,600 1
Perumbakkam 6,550 0.9
Padur 6,800 3.2
Medavakkam 7,950 3.3
Thoraipakkam 8,500 -0.3
Santhosapuram 7,350 6.1
Kelambakkam 5,700 6.3
Thirumalai Nagar Annexe 11,050 -0.2
Perungudi 11,050 -0.5
Uthandi sits within a competitive neighborhood ecosystem. Nearby Perungudi and Thirumalai Nagar Annexe command the highest rates in the vicinity, both averaging ₹11,050 per sq ft. In contrast, Kelambakkam offers a more accessible entry point at ₹5,700 per sq ft. Meanwhile, locations like Medavakkam and Sholinganallur hover in the mid-to-high range, priced at ₹7,950 per sq ft and ₹8,600 per sq ft respectively, providing diverse options for varying investment budgets.
Type Rate (₹/sq.ft) Change %
Villa 9,850 2.8
Apartment 7,850 -1.2
Uthandi's real estate market caters to diverse buyer preferences across property categories. Villas lead the premium segment at ₹9,850 per sq ft, experiencing a 2.79% increase. Residential apartments are priced at ₹7,850 per sq ft, showing a -1.23% trend, offering a more moderate entry point for potential residents.
Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 2 5,600 7.4
The Uthandi market offers properties across various development stages catering to different buyer timelines. Ready To Move inventory, comprising 2 units, averages ₹5,600 per sq ft with a 7.42% increase, appealing to immediate occupancy seekers. This supply mix allows buyers to balance their possession requirements with current market pricing.
Project & Developer Insights

Top Residential Projects and Developers in Uthandi

Top Projects in Uthandi
TVS Emerald Elements is the top project in Uthandi with prices from ₹ 93.90 Lac to 1.69 Cr.
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
View More
New Launch
Under Construction
Ready to Move
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
VGP Housing Private Limited
  • 17 Projects
DLF
Star Properties
  • 9 Projects
DLF
Keemaya
  • 1 Projects
  • 49 Years
Top Projects by Listing Rates
  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Alpha Enclave, Uthandi 6,100 17
Vgp Uthandi, Uthandi 5,100 -
Premium residential developments in Uthandi are setting distinct benchmarks for the area. Alpha Enclave leads the segment with a current rate of ₹6,100 per sq ft, marking a 17% change. VGP Uthandi remains a steady option, priced at ₹5,100 per sq ft, reflecting established value in the local market.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /sq.ft
Govt Registration Rate ₹ 18,350 /sq.ft
Avg. Asking Price ₹ 19,300 /sq.ft
Govt Registration Rate ₹ 13,950 /sq.ft
Avg. Asking Price ₹ 18,350 /sq.ft
Avg. Asking Price ₹ 15,350 /sq.ft
Govt Registration Rate ₹ 9,500 /sq.ft
Avg. Asking Price ₹ 14,850 /sq.ft
Avg. Asking Price ₹ 12,950 /sq.ft
Govt Registration Rate ₹ 8,750 /sq.ft
Avg. Asking Price ₹ 12,100 /sq.ft
Govt Registration Rate ₹ 5,900 /sq.ft
Avg. Asking Price ₹ 11,750 /sq.ft
Govt Registration Rate ₹ 8,900 /sq.ft
Avg. Asking Price ₹ 9,300 /sq.ft
Govt Registration Rate ₹ 3,700 /sq.ft
Avg. Asking Price ₹ 7,900 /sq.ft

Micromarket-Wise Property Price Trends Around Uthandi, Chennai

Avg. Asking Price ₹ 15,000 /sq.ft
Avg. Asking Price ₹ 11,950 /sq.ft
Avg. Asking Price ₹ 6,900 /sq.ft
Avg. Asking Price ₹ 6,800 /sq.ft

More insights about Uthandi, Chennai

FAQ

Frequently Asked Questions About Property Rates in Uthandi, Chennai

What is the current average asking price in Uthandi?

As of March 2026, the average asking price in Uthandi stands at ₹7,850 per sq ft. This figure reflects the current market valuation for residential apartments in the area, which has remained stable with a 0% change compared to previous reporting periods.

How do property prices in Uthandi compare to neighbouring areas?

Property prices in Uthandi, currently at ₹7,850 per sq ft, sit in the mid-range compared to surrounding localities. For instance, areas like Perungudi and Thirumalai Nagar Annexe command a higher average asking price of ₹11,050 per sq ft, while more affordable options are available in Kelambakkam at ₹5,700 per sq ft, which appreciated by 6.29% from June 2025 to March 2026. Other nearby locations like Medavakkam have seen significant growth, with prices reaching ₹7,950 per sq ft after appreciating by 3.25% over the same period.

How does the pricing differ between villas and apartments in Uthandi?

In Uthandi, villas currently command a premium over apartments, with an average price of ₹9,850 per sq ft as of March 2026, having appreciated by 2.79% from June 2025 to March 2026. In contrast, the average asking price for apartments is ₹7,850 per sq ft, which has seen a depreciation of 1.23% from June 2025 to March 2026. This price difference highlights the distinct market demand for independent villa living versus apartment-style residential units in the locality.

What is the price trend for Ready To Move projects in Uthandi?

Ready To Move properties in Uthandi are currently priced at an average of ₹5,600 per sq ft as of March 2026. This segment has shown strong growth, appreciating by 7.42% from June 2025 to March 2026, indicating robust demand for immediate possession homes in the area.

Which projects in Uthandi have the highest listing rates?

As of March 2026, Alpha Enclave and VGP Uthandi are notable projects in Uthandi with distinct pricing profiles. Alpha Enclave is listed at ₹6,100 per sq ft, marking a significant appreciation of 17% from June 2025 to March 2026. Meanwhile, VGP Uthandi maintains a stable listing rate of ₹5,100 per sq ft with 0% change over the same period.

What are the rental trends in areas surrounding Uthandi?

While specific rental data for Uthandi is limited, neighbouring localities such as Sholinganallur and Perungudi both report an average rental rate of ₹100 per sq ft as of March 2026. These rental rates have remained stable with a 0% change from June 2025 to March 2026, providing a benchmark for landlords and tenants looking at the broader Chennai South region.

How should investors interpret the property rate data for Uthandi?

Investors should look at the divergence between property types and status to identify value. For example, while the overall apartment market in Uthandi saw a minor depreciation of 1.23% from June 2025 to March 2026, the Ready To Move segment experienced a notable appreciation of 7.42% in the same timeframe. Comparing these trends against the higher-priced villa segment at ₹9,850 per sq ft allows investors to gauge whether they are seeking capital appreciation in established premium segments or value-entry points in the ready-to-move apartment market.

Country/City