All citiesTamil Nadu · Metro · 14 micro-markets · reckoner: TNREGINET — Guideline Value

Chennai rates, per sq ft carpet.

city avg 12-month change ▲ 6.5%· market runs +52.2% over reckoner
Sub-region
pop. 12 mn (2026e, 8.7 mn in 2011) · rented 40% / owned 60%
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26k
18k
17k
15k
11k
9.5k
8.5k
7.2k
7.2k
6.8k
6.5k
5.7k
5.6k
4.2k

Pin = market rate, ₹/sq ft carpet. Click a pin to load it into the land-cost calculator.

Micro-marketMarket ₹/sq ftReckonerPremiumRent ₹/sq ft/moYield · typical
Core City · 3
Boat Club – Nungambakkam
Central business district
₹25,930₹14,870+74.4% (+3.3% vs city line)₹51.92.4%
2 BHK ₹49,300/mo
Kilpauk – Egmore
Prime residential
₹17,400₹10,690+62.8% (-1.2% vs city line)₹39.12.7%
2 BHK ₹37,100/mo
Anna Nagar
Established mid-market
₹14,660₹9,420+55.6% (-4.4% vs city line)₹37.93.1%
2 BHK ₹36,000/mo
South · 5
Adyar – Besant Nagar
Prime residential
₹18,380₹11,300+62.7% (-1.7% vs city line)₹41.42.7%
2 BHK ₹39,300/mo
ECR – Neelankarai – Injambakkam
Established mid-market
₹11,470₹7,480+53.3% (-3.3% vs city line)₹29.63.1%
2 BHK ₹28,100/mo
Velachery – Pallikaranai
Established mid-market
₹9,490₹6,180+53.6% (-0.5% vs city line)₹24.53.1%
2 BHK ₹23,300/mo
Medavakkam – Sithalapakkam
Growth suburb
₹6,810₹4,600+48% (+1.6% vs city line)₹19.33.4%
2 BHK ₹18,300/mo
GST Rd – Tambaram / Guduvancheri
Peripheral / emerging
₹5,590₹3,930+42.2% (+1.6% vs city line)₹17.23.69%
2 BHK ₹16,300/mo
OMR · 2
OMR – Perungudi / Sholinganallur
Established mid-market
₹8,510₹5,520+54.2% (+1.9% vs city line)₹223.1%
2 BHK ₹20,900/mo
Thoraipakkam – Siruseri
Growth suburb
₹7,240₹4,870+48.7% (+0.7% vs city line)₹20.53.4%
2 BHK ₹19,500/mo
West · 3
Porur – Poonamallee
Growth suburb
₹7,210₹4,870+48% (+0.3% vs city line)₹20.43.4%
2 BHK ₹19,400/mo
Ambattur – Avadi
Peripheral / emerging
₹5,740₹4,070+41% (-0.2% vs city line)₹17.73.7%
2 BHK ₹16,800/mo
Oragadam – Sriperumbudur
Peripheral / emerging
₹4,240₹2,950+43.7% (+13.1% vs city line)₹13.13.71%
2 BHK ₹12,400/mo
Weekend Homes · 1
Mahabalipuram – ECR South
Peripheral / emerging
₹6,530₹4,560+43.2% (-1.5% vs city line)₹20.13.69%
2 BHK ₹19,100/mo

Land cost calculator — acquisition, stamp duty & TDR

Type a plot size; we apply the micro-market land rate, the state's stamp-duty rule (charged on the higher of market and reckoner value) and the local TDR pricing convention.

Acquisition (market)

₹128.20 cr

₹29,430/sq ft × 43,560 sq ft

Stamp duty + registration

₹14.10 cr

7% + 4% on ₹128.20 cr

Total outlay

₹142.30 cr

₹16,334 per buildable sq ft @ FSI 2

Reckoner value of plot₹18,090/sq ft₹78.80 cr
Market premium over reckoner₹49.40 cr
Buildable area87,120 sq ft
TDR value of unused FSI87,120 sq ft × ₹5,427 (≈30% of land reckoner)₹47.28 cr

Tamil Nadu: 7% stamp + 4% registration (highest in India). TDR under TNCDBR 2019. Indicative — confirm with the sub-registrar's current schedule.

Vidura market brief

Chennai's residential market trades well above TNREGINET guideline values across every micro-market tracked, with premiums ranging from 41% to 74%, underscoring that circle rates remain a conservative floor rather than a transaction benchmark — a critical adjustment factor for stamp duty modelling and land acquisition cost estimates in PPP structuring. Boat Club–Nungambakkam commands the steepest premium (74.4%) on scarcity and address value, followed closely by Adyar–Besant Nagar and Kilpauk–Egmore (around 63%), reflecting established-area demand that constrains greenfield land assembly. For infrastructure investors, the wider significance lies in the IT corridor belt: OMR, Thoraipakkam-Siruseri, and peripheral zones near Oragadam show steadier 42-54% premiums, aligning with sustained commercial absorption — evidenced by Cognizant's ₹303-crore, 6.45-lakh-sq-ft lease — which supports land monetisation and TOD-linked asset bundling. With a seeded 6% YoY appreciation trend and the proposed Lighthouse–Adyar elevated corridor set to re-rate adjoining southern micro-markets, early-stage land banking along announced alignment corridors offers the stronger risk-adjusted entry point.

Generated 2026-10-26 from the engine's current numbers and recent headlines · refreshed weekly

5-year trend — city average, residential

Lime = engine's city average sale · sky = rent ₹/sq ft/month · dashed blue = YoY % · amber dots = credible prints (CRE Matrix / PropEquity / Knight Frank / IGR headlines, team deals) — 0 so far · 5Y sale +17.3% · rent +17%

  • print
  • rent
  • value
  • yoy
2021-102022-032022-072022-112023-032023-072023-112024-032024-072024-112025-042025-082025-122026-052026-099k9k10k10k11k-3%0%3%6%9%

Reckoner ↔ market correlation

market ≈ −₹1,534.8 + 1.7909 × reckoner · R² 0.997 · n = 14 micro-markets

0k4k8k12k16k0k7k13k20k26k

Points above the line are micro-markets where the market has run further ahead of the government rate — expect higher land-acquisition cost and stamp-duty arbitrage; points below signal reckoner catch-up risk.

Recent public signals

Tambaram residents want property tax rates reviewed - The New Indian Express · The New Indian ExpressBNP Paribas leases 5 lakh sq ft office in Mindspace REIT’s Chennai complex - The Economic Times · The Economic TimesBengaluru Housing Prices Rise 14.5% in Q3, Highest Among Six Cities - Realty Today · Realty TodayCognizant Leases 6.45 Lakh Sq Ft Office Space in Chennai for ₹303 Crore - LiveChennai · LiveChennaiChennai Plans New Elevated Road from Lighthouse to Adyar: Which Areas Will Benefit and What It Means for Property Prices - Trade Brains · Trade BrainsCognizant Leases 6.45 Lakh Sq Ft Office Space in Chennai for ₹303 Crore - LiveChennai · LiveChennaiCognizant Leases 6.45 Lakh Sq Ft Office Space in Chennai for ₹303 Crore - LiveChennai · LiveChennaiCognizant Leases 6.45 Lakh Sq Ft Office Space in Chennai for ₹303 Crore - LiveChennai · LiveChennaiChennai’s Pallavaram–Thoraipakkam IT Corridor Attracts Major Corporate Deals by Cognizant, BNP Paribas & Others: Check Property Prices in 5 Nearby Areas - Trade Brains · Trade BrainsCognizant leases 6.45 lakh sq ft office space in Chennai for 10 years at a total rent of ₹303 crore | Real Estate News - Hindustan Times · Hindustan TimesCognizant leases 6.45 lakh sq ft office space in Chennai for 10 years at a total rent of ₹303 crore | Real Estate News - Hindustan Times · Hindustan TimesCognizant leases 6.45 lakh sq ft office space in Chennai for 10 years at a total rent of ₹303 crore | Real Estate News - Hindustan Times · Hindustan Times

Indicative desk estimates calibrated to government reckoner/circle rates and public signals; not a valuation. Refined daily and by team corrections. Reckoner source: TNREGINET — Guideline Value. Unit: ₹ per sq ft carpet (land: ₹ per sq ft of plot).

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