Ready to Move
Casagrand
Casagrand FirstCity
Perumbakkam, off Sholinganallur
₹60 L – ₹69 L
₹4,949/sq.ft
2 BHK · 1,000+ sq ft · Aug 2026
Apartment · Perumbakkam
Chennai · Locality guide
Property in Perumbakkam
Affordable OMR-adjacent family hub
Perumbakkam offers value 2 and 3 BHK homes minutes off OMR, popular with IT families for its newer gated communities and improving infrastructure.
Affordable 2–3 BHK stock Gated communities OMR proximity Family-oriented demand
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Perumbakkam property — FAQs
Is Perumbakkam a good area to buy property in Chennai?
Affordable OMR-adjacent family hub. Perumbakkam offers value 2 and 3 BHK homes minutes off OMR, popular with IT families for its newer gated communities and improving infrastructure. Whether it suits you depends on the project, price and your commute.
What is the average property price in Perumbakkam?
There is no reliable published area average for Perumbakkam; projects on Property Point start from ₹60L. Prices vary by project, configuration and possession timeline.
What drives demand in Perumbakkam?
Key growth drivers include OMR IT corridor, Medavakkam–Sholinganallur link, Metro Phase-2 access. These support demand from both owners and tenants.
Why did Knight Frank single out Perumbakkam?
Knight Frank's H1 2026 Chennai chapter reported a 20% year-on-year price rise in Perumbakkam, attributing it to proximity to the OMR employment belt and upcoming Phase 2 metro connectivity. The citywide average rose 5% to ₹7,555 per sq ft.
What is the current price in Perumbakkam?
Square Yards shows an average asking rate of ₹6,300 per sq ft (June 2026 data, page dated October 2026), slightly below ₹6,550 in March 2026. Ready stock averages about ₹6,150 and new launches about ₹5,950. These are listing averages, not transaction prices.
Is Perumbakkam affected by the Pallikaranai construction freeze?
Yes, it is named among the revenue villages around the Ramsar site and some Perumbakkam survey numbers were flagged by the Wetland Authority. The NGT order of 24 September 2025 froze new approvals pending delineation, and the Madras High Court case had no final ruling in the latest reports we found.
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