Property Point

New Launches in Kovilambakkam (Chennai, 2026)

By Property Point Advisory·Updated September 2026

In short

New launches in Kovilambakkam, Chennai are led by Velachery & OMR employment and Medavakkam junction. New and under-construction projects offer better entry prices and construction-linked payment plans than ready homes, but verify RERA registration and the builder's delivery record before booking.

Why buy a new launch in Kovilambakkam

Kovilambakkam is a quiet south-central locality between Velachery, Medavakkam and the OMR belt, offering value homes with strong connectivity.

Early-stage pricing, wider choice of units and staged payments make new launches attractive here — provided the project is fully approved and RERA-registered.

What to verify before booking

  • RERA registration on TNRERA — search the project and promoter
  • The builder's on-time delivery track record
  • Approved plan / FAR sanction and clear title
  • 5% GST applies to under-construction homes (1% affordable)
  • Avoid pre-launch bookings on land without final approvals — a common cause of multi-year delays

Good to know

Questions buyers ask

Are there new launches in Kovilambakkam?

Yes — Kovilambakkam has new and under-construction projects across price points. Register your interest for the current launch list and price sheets.

New launch or ready-to-move in Kovilambakkam?

New launches are cheaper with more choice and payment flexibility (plus 5% GST); ready-to-move costs more but removes construction and delay risk. Choose by your timeline and risk appetite.

Is it safe to buy a new launch in Kovilambakkam?

Yes if the project is RERA-registered on TNRERA, from a builder with a delivery record, on fully approved land. Avoid un-approved pre-launch offers.

Private advisory

From research to a shortlist.

An advisor will share price sheets, floor and payment plans for homes that fit your budget, and arrange the visits.

Speak with an advisor

Related reading

Written and reviewed by Property Point Advisory. Read our editorial standards and how we source our data.