Chennai is the capital city of Tamil Nadu and an important real estate market in India. As per the recent analysis by Makaan.com Property Price Trends, per square feet (psf) price for buying a property in Chennai is Rs. 4329/-

On further analysis the following trends can be observed

12 Months price trends:  The property prices have appreciated by 8.49% in Chennai. The psf rate has changed from Rs.3943/- to Rs.4329/- during this period.

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6 Months price trends:  The property prices have dropped by 4.62%. The psf rates has changed from Rs.4598/- to Rs.4329/- during this period.

3 Months price trends:  The property prices have dropped by 10.89%. The psf rate has changed from Rs. 4576/- to Rs. 4329/- during this period.

Property price trends for the last six months in the top sub-localities in Chennai - Chennai North and Chennai South shows that, property prices in Chennai South has dropped by 6.97% whereas Chennai North witnessed a drop of 5.33%.

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Top 5 localities in Chennai on the basis of maximum real estate action in the past six months are Anna Nagar, OMR, Pallikaranai, Thoraipakkam and Kovilambakkam.