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Chennai

  • 9.79%
    Annual Price Growth
    annual increase in price per sq feet in this city, basis makaan listings
  • 4.04%
    Annual Rental Yield
    % of property cost that you are likely to recover as rent in 1 year

Property in Chennai

: an overview

Top Localities Price Trend

  • 6
    Months
  • 12
    Months
  • 3
    Yrs

Top localities in Chennai

Property Range in Chennai

15 L2+ Cr
3,000 2+ L

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Popular localities in Chennai

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one stop platform for real estate news and updates

top real estate articles

  • 29th Dec 16

    Chennai To Soon Welcome Second Phase Of Metro Network (Factsheet)

    Chennai in 2015 welcomed the first route of Metro rail network. While the first phase is still being extended slowly and gradually, reports suggest that the detailed project report for the second phase has been prepared and completed by RITES, which has also been submitted to the state government. MakaaniQ lists facts about the proposed second phase and also, about the first phase that has was opened to the public last year.
  • 2nd Jan 17

    Navallur, Medavakam Among Top Rental Destinations In Chennai

    As per Artha Yantra Corporation study, Chennai is the third-most expensive city. This creates a positive impact on the rental markets in Chennai as it is affordable to rent than to buy. Furthermore, the increasing employment opportunities and the upcoming Chennai Metro will add to the demand for rental apartments in Chennai. Pallikaranai, Perumbakkam, Medavakkam, Sholinganallur and Navallur are some of the localities that witnessed an increase in the rental rates over the last few months.
  • 28th Nov 16

    City Beat: New Launches Shoot Up In Chennai [Video]

    According a PropTiger DataLabs report, majority of new launches in Chennai were seen in the western suburbs.
  • 29th Dec 16

    City Beat: October Home Sales Drop 26% In Chennai [Video]

    The city also witnessed a decline of 68 per cent in new launches when compared to the new launches in September 2016. The drop in new launches is due to rising inventory overhang. The property prices remained stagnant month-on-month.
  • 30th Dec 16

    Cities That Made A Mark For High Rental Growth In 2016

    The realty sector lately has got too many surprises. The latest being the demonetization of the higher denomination currency notes. It has affected the real estate like no other but the rentals in the corporate sector for office spaces have not been affected.
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