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Chennai

  • 10.93%
    Annual Price Growth
    Annual increase in price per sq feet in this city, basis makaan listings
  • 4.00%
    Annual Rental Yield
    % of property cost that you are likely to recover as rent in 1 year

Property in Chennai

: an overview

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Property Range in Chennai

15 L2+ Cr
3,000 2+ L

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Top real estate articles

  • 18th Jul 18

    Chennai To Use Vacant Railway Land To Develop Malls, Offices

    The newly formed Railway Land Development Authority (RLDA) has identified vacant land in and around Chennai that could be utilised for developing commercial infrastructure. The commercial development for which this vacant land, worth Rs 5,000 crore, be used for building malls, hotels, office space and shopping centres.
  • 20th Jun 18

    Chennai's Top Five Costliest Localities Revealed

    Homebuyers targeting plush neighbourhoods in Chennai can find ample ready-to-move-in properties close to the city centre. MakaaniQ lists the top five residential localities in Chennai which are the costliest based on the current pricing.
  • 2nd Jul 18

    All You Need To Know About Chennai’s Metro Network

    Here is all you need to know about the Chennai Metro Network.
  • 20th Jul 18

    Here’s a Guide For Calculating Depreciation Of Property

    Although the location of a property can significantly alter the sale prices, certain physical aspects like age of the building are also pivotal in establishing the total property value - which is important both for the buyer and the seller - to get the best deal. There is a direct relation between the physical life of a structure and its property value, also defined by Depreciation. The average lifespan of any building, especially an independent house, is 60 years. The depreciation of building component can be calculated by taking out the ratio of years of construction and total age of the building.
  • 16th Jul 18

    Popular Housing Schemes In India

    For a country like India where population and inflation have faded common man's dream of owning a home, few government-sponsored housing schemes are a big respite. The Central government in India is running a number of housing schemes to provide shelter and basic amenities to the homeless poor in urban and rural areas. Check out a few popular housing schemes and policies.
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