Property Price Trends in OMR Chennai 2020 | Chennai Real Estate Property Prices
If you are interested to buy a property in the Chennai then you must consider about its prevailing property price trend. As the market keeps changing itself. Hence, you must know about Property Price Trends in OMR Chennai.
Chennai, this is the capital of the Tamil Nadu. This place is being located on the Coromandel Coast off the Bay of Bengal. Chennai consist one of the most educational centers, cultural and traditions. However, it has the most largest population in the India. Moreover, it is also one of the most favourite tourist destination. Hence, this place is popular among the tourist.
Property Price Trends in OMR Chennai:
The current property price of the Chennai provide very good indication to its investors as well as end users. This is very important for the investors to identify the correct price properties in the OMR. Hence, due to this they can achieve maximum benefit by selling and purchasing the properties in the real estate market.
However, the total number of the listed properties in the Chennai OMR is around 5070. The price of these properties in the OMR starts from ₹ 2.10 lakh. Moreover, its average price revolve around ₹ 67.83 lakh. In this place the most expensive listed property in the OMR is around ₹ 28.00 crore. The total number of the localities in the OMR which showing upward trend is around 14. However, the total number of the localities showing downward trend is around 8.
Property Prices of the Chennai Nearby Areas:
| Locality Name | Price range per sqft | Average price per sqft |
| Kelambakkam | 2,475 – 6,923 / sqft | 5,856.04 / sqft |
| Sholinganallur | 3,099 – 9,135 / sqft | 7,272.66 / sqft |
| Thoraipakkam OMR | 3,926 – 04,358 / sqft | 04,398.3 / sqft |
| Medavakkam | 3,548 – 7,361 / sqft | 6,492.28 / sqft |
| Padur | 2,923 – 70,000 / sqft | 34,336.25 / sqft |
| Navallur | 2,941 – 8,081 / sqft | 7,801.36 / sqft |
| Pallikaranai | 3,349 – 5,976 / sqft | 5,794.87 / sqft |
| Madambakka | 3,476 – 4,700 / sqft | 4,644.54 / sqft |
| Siruseri | 3,690 – 5,603 / sqft | 4,871.68 / sqft |
| Thalambur | 2,800 – 5,452 / sqft | 4,742.17 / sqft |
| Madipakkam | 2,697 – 73,795 / sqft | 24,518.56 / sqft |
| Velachery | 4,800 – 9,590 / sqft | 8,853.41 / sqft |
| Thaiyur | 3,199 – 5,889 / sqft | 5,236.67 / sqft |
| Kovilambakkam | 3,800 – 7,644 / sqft | 7,373.95 / sqft |
| Perungudi | 4,800 – 10,417 / sqft | 8,274.43 / sqft |
| Tiruporur Near Kelambakkam | 2,682 – 3,807 / sqft | 3,451.61 / sqft |
| Vengaivasal | 2,976 – 5,401 / sqft | 4,876.27 / sqft |
| Karapakkam | 4,591 – 7,045 / sqft | 6,199.84 / sqft |
| Moolacheri | 2,971 – 4,776 / sqft | 4,586.95 / sqft |
| Sithalapakkam | 3,773 / sqft | 3,772.73 / sqft |
| Mahabalipuram | 4,586 / sqft | 4,586.09 / sqft |
| Kandanchavadi | 7,999 – 8,142 / sqft | 8,47.25 / sqft |
Property/House Price in Kelambakkam:
In Kelambakkam the total number of the listed properties are 698. However, in this place property price starts from ₹ 2.10 lakh. Moreover, average property price is revolve around ₹ 31.93 lakh.
Whereas, in Chennai average property price revolve around ₹ 68.69 lakh. In this place the most expensive property price revolve around ₹ 7.00 crore. Hence, Kelambakkam is showing a downward trend from over the past few years.
Property/House Price in Sholinganallur:
In this place total number of the listed properties are around 568. However, the property selling price start in this place from ₹ 20.00 lakh. The average rate of price for property in this place revolve around ₹ 1.06 crore. Moreover, the most expensive property price in this place is ₹ 9.25 crore. Hence, this place, Sholinganallur has shown a downward trend.
Property/House Price in Thoraipakkam OMR:
In Thoraipakkam OMR the total number of the listed properties are listed around 439. The price of the properties in this place revolve around ₹ 20.00 lakh. However, the average price in this property is ₹ 1.18 crore. Moreover, in Thoraipakkam OMR the price of the most expensive property is ₹ 19.25 crore. Hence, this place has shown upward trend.
Property/House Price in Medavakkam:
In this place total number of the listed properties are around 348. However, the starting price of the property in this place revolve around ₹ 8.96 lakh. Moreover, in this place average selling price of the property is ₹ 63.54 lakh. The most expensive property price in this area revolve around ₹ 4.80 crore. Hence, this place is being showing a downward trend.
This is the detail information regarding the property prices of the OMR Chennai nearby located areas. Before investing in this place one must consider about its property prices.