Ready to Move
Casagrand
Casagrand Royale
Model School Road Extension, ELCOT Avenue, Sholinganallur
Price on request
₹4,770/sq.ft
2, 3, 4 BHK · 2 BHK from 1,004 sq ft · Ready to Move
Apartment · Sholinganallur
Collection
2 BHK flats in Chennai under ₹60 lakh
In short
Nineteen apartment projects on our books list a 2 BHK starting at or under ₹60 lakh, at a median of about ₹53 lakh for a smallest unit of about 900 sq ft; nine are ready to move. The roomiest are on southern OMR and the Outer Ring Road; the most connected sit near Porur's new metro. Sizes vary widely, from about 600 to 1,270 sq ft, so compare carpet area. Updated 12 October 2026.
- Live projects
- 18
- Starting from
- ₹35.63L
- Builders
- 10
- Ready to move
- 11
The collection
18 2 BHK Flats under ₹60 lakh in Chennai
Ready to Move
Radiance Realty
Radiance Sapphire
2nd Cross Street, Sholinganallur (off OMR)
₹59.55 L – ₹64.84 L
₹5,399/sq.ft
2, 3 BHK · 2 BHK from 1,103 sq ft · Ready to Move
Apartment · Sholinganallur
Ready to Move
Casagrand
Casagrand Castle
Dharmarajapuram, Manapakkam
₹53.03 L – ₹73.18 L
₹8,500/sq.ft
1, 2, 3, 4 BHK · 2 BHK from 884 sq ft · Ready to Move
Apartment · Manapakkam
Under Construction
Shriram Properties
Shriram 122 West
Mangadu
From ₹54.4 L
₹6,900/sq.ft
2, 3 BHK · 2 BHK from 880 sq ft · Oct 2028
Apartment · Porur
New Launch
Hiranandani Communities
Hiranandani Parkville
Oragadam (Hiranandani Parks)
₹57.22 L – ₹72 L
2 BHK · 2 BHK from 1,070 sq ft · Jan 2029
Apartment · West Chennai
Under Construction
Jain Housing & Constructions
Jains Aadhya
Semmancheri
₹66 L – ₹69 L
1, 2 BHK · 2 BHK from 611 sq ft · Oct 2029
Apartment · OMR (IT Corridor)
Under Construction
Alliance Group
Urbanrise Codename The Game Changer
Siruseri
From ₹53.2 L
₹6,200/sq.ft
2, 3 BHK · 2 BHK from 865 sq ft · Dec 2026
Apartment · OMR (IT Corridor)
New Launch
Casagrand
Casagrand Highcity
Pazhanthandalam, Kundrathur (Outer Ring Road)
From ₹58 L
₹4,099/sq.ft
2, 3 BHK · 2 BHK from 1,109 sq ft · May 2030
Apartment · West Chennai
Ready to Move
Doshi Housing
Doshi FirstNest
Thirumudivakkam
₹35.63 L – ₹50 L
₹5,400/sq.ft
2, 3 BHK · 2 BHK from 646 sq ft · Ready to Move
Apartment · West Chennai
Ready to Move
Alliance Group
Alliance Orchid Springs
Korattur
₹60 L – ₹80 L
₹8,700/sq.ft
1, 2, 3 BHK · 2 BHK from 1,029 sq ft · Ready to Move
Apartment · North Chennai
Ready to Move
DRA Homes
DRA Harmony
Navalur
₹59.02 L – ₹68 L
₹5,680/sq.ft
2, 3 BHK · 2 BHK from 1,039 sq ft · Ready to Move
Apartment · OMR
Ready to Move
Akshaya
Akshaya Orlando
Kelambakkam
₹39.75 L – ₹41.99 L
₹4,000/sq.ft
2, 3 BHK · 2 BHK from 994 sq ft · Ready to Move
Apartment · OMR
By area
Where to find 2 BHK flats under ₹60 lakh in Chennai
| Area | Projects | From | Median ₹ / sq ft | Earliest possession |
|---|---|---|---|---|
| OMR (IT Corridor) | 4 | ₹53.2 L | ₹7,221 | Ready now |
| West Chennai | 3 | ₹35.63 L | ₹5,348 | Ready now |
| OMR | 3 | ₹39.75 L | ₹5,680 | Ready now |
| Sholinganallur | 2 | ₹48 L | Too few to say | Ready now |
| Porur | 2 | ₹50.2 L | Too few to say | Nov 2026 |
| GST Road | 1 | ₹53 L | Too few to say | Dec 2028 |
| Manapakkam | 1 | ₹53.03 L | Too few to say | Ready now |
| Perumbakkam | 1 | ₹60 L | Too few to say | Ready now |
| North Chennai | 1 | ₹60 L | Too few to say | Ready now |
From Property Point listings (developer information, indicative). A median is shown only where three or more projects carry a rate. Prices exclude GST, stamp duty, registration and parking.
A 2 BHK under ₹60 lakh: size versus location
The rule of thumb: about ₹6,000 per sq ft
₹60 lakh divided by a 1,000 sq ft 2 BHK is ₹6,000 per sq ft. ANAROCK's Q2 2026 quoted rates for the areas it tracks: Oragadam about ₹5,000 per sq ft, Avadi ₹5,450, Guduvanchery ₹5,480, Perumbakkam ₹6,400 and Perambur ₹8,130, against a city average of ₹7,250. Below the city average you get a full-size 2 BHK; above it, a compact one.
Largest for the money
2 BHK starting price, smallest listed 2 BHK, status (Property Point listings (developer information, indicative, October 2026)):
- Purva Swanlake, Kelambakkam, ready: from about ₹53 lakh for 1,272 sq ft (Purva Swanlake Kelambakkam).
- Casagrand Highcity, Pazhanthandalam on the Outer Ring Road: from about ₹58 lakh for 1,109 sq ft, new launch, May 2030 (Casagrand Highcity Pazhanthandalam Kundrathur Outer Ring Road).
- Radiance Sapphire, Sholinganallur, ready: from about ₹60 lakh for 1,103 sq ft (Radiance Sapphire Sholinganallur). Sholinganallur
- Hiranandani Parkville, Oragadam: from about ₹57 lakh for 1,070 sq ft, January 2029 (Hiranandani Parkville Oragadam Hiranandani Parks).
- DRA Harmony, Navalur, ready: from about ₹59 lakh for 1,039 sq ft (Dra Harmony Navalur).
- Alliance Orchid Springs, Korattur, ready: from about ₹60 lakh for 1,029 sq ft (Alliance Orchid Springs Korattur).
- Casagrand FirstCity, Perumbakkam, ready: from about ₹60 lakh for 1,000 sq ft (Casagrand Firstcity Perumbakkam Off Sholinganallur). Perumbakkam
- Akshaya Orlando, Kelambakkam, ready: from about ₹40 lakh for 994 sq ft (Akshaya Orlando Kelambakkam).
Lowest prices and the Porur side
- Doshi FirstNest, Thirumudivakkam, ready: from about ₹36 lakh for 646 sq ft (Doshi Firstnest Thirumudivakkam).
- Casagrand Highclere, Kovur near Kundrathur: from about ₹49 lakh for 983 sq ft; no possession date is listed, so confirm it (Casagrand Highclere Kovur Main Road Kundrathur).
- Akshaya Republic, Kovur, nearing possession (November 2026): from about ₹50 lakh for 913 sq ft (Akshaya Republic Kovur Kundrathur Main Road Near Porur).
- Shriram 122 West, Mangadu: from about ₹54 lakh for 880 sq ft, October 2028 (Shriram 122 West Mangadu).
- Radiance Flourish, Tiruvottiyur: from about ₹49 lakh for 608 sq ft, August 2030 (Radiance Flourish Tiruvottiyur).
- Casagrand Castle, Manapakkam, ready: from about ₹53 lakh for 884 sq ft (Casagrand Castle Manapakkam). Manapakkam
- The Poonamallee–Vadapalani metro stretch, with stations including Porur Junction, Iyyappanthangal and Kattupakkam, opened on 11 October 2026 (DT Next), which helps the western suburbs. Check the walking distance from the specific project to a station rather than relying on the locality name.
GST Road and the IT corridor's outer stretch
- Urbanrise The World of Joy, Guduvanchery: from about ₹50 lakh for 900 sq ft, December 2028 (Urbanrise World Of Joy).
- Urbanrise Spring Tide, Mahindra World City: from about ₹53 lakh for 876 sq ft, December 2028 (Urbanrise Spring Tide Mahindra World City Chengalpattu).
- Urbanrise Codename The Game Changer, Siruseri: from about ₹53 lakh for 865 sq ft, December 2026 (Urbanrise Codename The Game Changer Siruseri).
- Jains Anushree, Navalur: from about ₹55 lakh for 889 sq ft, January 2029 (Jains Anushree Navalur).
- Urbanrise Revolution One, Padur, ready: from about ₹60 lakh; the listed 2 BHK size is 615 sq ft, so confirm the carpet area (Urbanrise Revolution One Padur).
All-in cost and EMI on a ₹55 lakh 2 BHK
Tamil Nadu charges duty on the higher of the deed value and the guideline value. A new flat bought from the developer is registered on one composite deed for land and building, under a December 2023 order: 4% stamp duty up to ₹50 lakh, 5% up to ₹3 crore and 7% above, plus a 2% registration fee. A resale home pays 7% (5% stamp duty and 2% transfer duty) plus 2% registration. GST is 5% on an under-construction home and nil on a completed home sold after its completion certificate.
On a ₹55 lakh under-construction 2 BHK: stamp duty at 5% is ₹2.75 lakh, registration ₹1.1 lakh and GST ₹2.75 lakh, about ₹6.6 lakh in all. Bought ready after the completion certificate, about ₹3.85 lakh. At ₹50 lakh or less the duty rate falls to 4%.
EMI examples are our arithmetic at an assumed 8% a year over 20 years, a deliberately cautious planning rate after the RBI raised the repo rate to 5.50% on 7 October 2026. Banks lend up to 90% of the price on loans up to ₹30 lakh, 80% on ₹30–75 lakh and 75% above that, and stamp duty and registration are generally paid from your own funds.
A ₹55 lakh 2 BHK with 20% down needs a ₹44 lakh loan: about ₹36,800 a month at 8%, or about ₹35,400 at 7.5%. Your figures: /calculators
Market context and checks
ANAROCK's Chennai Q1 2026 report counts about 5,400 homes launched and 5,300 sold (down 18% on the quarter, up 31% on the year) at an average quoted base price of ₹7,165 per sq ft. 65% of launches were in the ₹80 lakh to ₹1.5 crore band, and South Chennai took about 71% of sales.
Its Q2 2026 update shows about 5,300 launches and 5,100 sales (down 4% on the quarter and 11% on the year), 33,700 unsold homes, or about 18 months of sales, and an average of ₹7,250 per sq ft. Of new supply, 45% was priced at ₹80 lakh to ₹1.5 crore and 32% at ₹40–80 lakh.
- Carpet area: ask for it in writing; listed sizes here range from 608 to 1,272 sq ft for the same budget: Carpet vs Built-Up vs Super Built-Up Area: What You Actually Pay For
- Flooding: Citizen Matters (20 June 2026) lists Pallikaranai, Velachery, Medavakkam, Perumbakkam and Sholinganallur among localities severely inundated in 2015, and the northeast monsoon begins in mid-October. Visit after heavy rain, ask how the street and basement fared in 2015, 2021 and December 2023, and compare the site level with the road. Checklist: Flood Prone Areas in Chennai 2026: Area-by-Area Check Before You Buy
- Approvals: CMDA approves building plans inside the Chennai Metropolitan Area and DTCP outside it. Ask for the planning permit, then check the project's TNRERA number on rera.tn.gov.in. A flat's sale deed conveys an undivided share of land (UDS), so check that the patta or TSLR for the survey number is in the landowner's or developer's name: Patta Chitta Online: Check, Transfer, Fees, TSLR, DTCP & CMDA (Chennai 2026)
Sources & method
Updated 12 October 2026. Property Point listings (developer information, indicative, October 2026); counts and medians are our arithmetic on each project's 2 BHK starting price and smallest listed 2 BHK size; projects with a lapsed possession date are not counted. ANAROCK Chennai Residential Market Viewpoints Q1 and Q2 2026. Stamp duty: TNREGINET and G.O.(Ms) No.131 of 2023. RBI: 7 October 2026 policy. Related: Under 60 Lakh, 2 BHK, Under 75 Lakh
Prices, sizes and possession dates are from Property Point listings (developer information, indicative, October 2026); sizes are as the developer lists them. Market figures are attributed to the named research firms. Confirm the current cost sheet and the RERA registration on rera.tn.gov.in before you pay.
Good to know
2 BHK flats in Chennai under ₹60 lakh — FAQs
What is the price of a 2 BHK flat in Chennai?
On our books, new 2 BHK homes start from about ₹36 lakh. Nineteen projects list a 2 BHK at or under ₹60 lakh (median about ₹53 lakh), and 67 at or under ₹1 crore (median about ₹70 lakh for roughly 1,010 sq ft) (Property Point listings, October 2026).
Where can I buy a 2 BHK flat in Chennai under 60 lakhs?
Kelambakkam, Navalur, Siruseri, Padur, Sholinganallur and Perumbakkam on OMR; Kovur, Kundrathur, Mangadu and Thirumudivakkam near Porur; Guduvanchery and Mahindra World City on GST Road; Oragadam; Manapakkam; and Korattur and Tiruvottiyur in the north.
What size 2 BHK can I get for 60 lakhs in Chennai?
Typically 880–1,100 sq ft as listed by the developer. The largest on our books is Purva Swanlake in Kelambakkam at 1,272 sq ft from about ₹53 lakh, ready to move.
Are there ready to move 2 BHK flats under 60 lakhs in Chennai?
Yes, nine projects, including Purva Swanlake and Akshaya Orlando (Kelambakkam), DRA Harmony (Navalur), Radiance Sapphire (Sholinganallur), Casagrand FirstCity (Perumbakkam), Casagrand Castle (Manapakkam) and Doshi FirstNest (Thirumudivakkam).
What is the EMI on a 2 BHK flat costing 55 lakh?
With 20% down, the ₹44 lakh loan costs about ₹36,800 a month over 20 years at 8% and about ₹35,400 at 7.5% (our arithmetic).
How much are stamp duty and registration on a 2 BHK flat in Chennai?
For a new flat on a composite deed, 4% duty up to ₹50 lakh and 5% from ₹50 lakh to ₹3 crore, plus 2% registration. On a ₹55 lakh flat that is about ₹3.85 lakh. A resale flat pays 9%, about ₹4.95 lakh.
Is a 2 BHK on OMR or near Porur better under 60 lakhs?
OMR's outer stretch gives more space for the money and is close to the IT parks; the Porur side now has the Poonamallee–Vadapalani metro, opened on 11 October 2026. Check the flood record of the exact street in both.
Are there 2 BHK flats under ₹60 lakh available in Chennai?
Yes. Property Point lists 18 projects with 2 BHK flats under ₹60 lakh in Chennai, priced from ₹35.63 L to ₹1.14 Cr, from builders including Casagrand, Radiance Realty, Akshaya. Each listing shows the developer's price band, sizes, possession date and RERA number where one is listed.
What is the price of 2 BHK flats under ₹60 lakh in Chennai?
2 BHK Flats under ₹60 lakh in Chennai start from around ₹35.63 L on Property Point (developer information, indicative). The final price depends on the configuration, floor, tower and possession stage, plus GST, stamp duty, registration and parking.
Are these 2 BHK flats under ₹60 lakh in Chennai RERA registered?
15 of the 18 projects here list a RERA registration number, shown on each project page. Check the number, the promoter's name and the registered completion date on the state RERA portal before paying a booking amount.
Can NRIs buy 2 BHK flats under ₹60 lakh in Chennai?
Yes. Under FEMA, NRIs and OCI cardholders may buy residential property in India (agricultural land, plantations and farmhouses excluded), paying from NRE, NRO or FCNR accounts or inward remittance. Our NRI desk can arrange virtual site visits and help with documentation.
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