Property Price in Medavakkam, Chennai
Medavakkam is one of the top localities of Chennai and an important real estate market in India. Medavakkam is a suburb in Chennai and located in South part of the city. As per the recent analysis by Makaan.com Property Price Trends, per square feet (psf) price for buying a property in Medavakkam is Rs. 4,440/- .
On further analysis the following trends can be observed for Buying:
12 Months price trends: The property prices have dropped by 16.23% in Medavakkam. The psf rate has changed from Rs.3,704/- to Rs.4,440/- during this period.
Property price trend for Medavakkam- Buying
6 Months price trends: The property prices have dropped by 1.81%. The psf rates have changed from Rs.4,261/- to Rs.4,440/- during this period.
3 Months price trends: The property prices have appreciated by 4.82%. The psf rate has changed from Rs.4,107/- to Rs.4,440/- during this period.
Property price trends in Medavakkam vs. OMR: Over the past 12 months, the property prices in Medavakkam have appreciated by 16.23% vs. 4.69% appreciation in OMR.
The latest Price Trend for Medavakkam vs. OMR
Top 5 localities in Chennai apart from Medavakkam on the basis of maximum real estate action are OMR, Madipakkam, Tambaram, Urapakkam and Pallikaranai.