Property prices for sale in Chennai (Tamil Nadu)

The prices in real estate in Chennai, in the Tamil Nadu region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

₹ 44.51 lakhs
Average price last 6 months
₹ 4,451.83
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Chennai has increased during the last 6 months. In December, the average price per sq.foot was ₹ 4,270. In the following month the price per sq.foot decreased considerably to ₹ 1,777. The price for the following two months in (February, March) had a considerable increment of 192 %. The price per sq.foot has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 4,418.5 to ₹ 4,518.5 during April y May

Average price

Based upon to the price in Chennai (cities), this has gone downing the last 6 months. The average price for December is ₹ 47.74 lakhs. During January the price had a considerable reduction till ₹ 14.83 lakhs. During the following two months (February, March) the average price had a considerable increase of 163 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 125 % during the last two months.

Average price per BHK

The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 44.87 lakhs they are 54 % more affordable than the average price for Chennai. The properties with the highest average price have 4 BHK, Their price is 309 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 86.65 lakhs.

With regard to the average price per sq.foot , those properties with 1 BHK are the most costly ones at a cost of ₹ 4,050 / sq.foot, with an average ₹ 3,937 / sq.foot price in Chennai. The properties with the highest average prices have 4 BHK. They are 137 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 7,372 / sq.foot.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of ₹ 44.87 lakhs it is 28 % cheaper than the average price in Chennai. "Commercial" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Flat". At a price of ₹ 58.55 lakhs it is 77 % more expensive than the average price.

According to the average cost per sq.foot, the cheapest property type is "Land" at an average cost of ₹ 2,535 / sq.foot followed by "Office" priced at ₹ 3,694 / sq.foot. "Commercial" is the most costly type of property with a ₹ 6,201 / sq.foot cost followed by "Flat" with an average price of ₹ 5,579 / sq.foot.

Charts data
Average price May
Average price per sq.foot May
Number of properties used in Chennai
Number of properties used in region Tamil Nadu
₹ 44.87 lakhs
₹ 3,937
3,72,976
5,01,896
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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