Perungudi, Chennai

Perungudi sits along Old Mahabalipuram Road (OMR) in South Chennai, right where the city's IT growth story took off. Perungudi is an eminent IT hub along OMR in South Chennai, hosting World Trade Center Chennai, while the Tharamani IT hub is just 3 km away. Perungudi is home to giants like the World Trade Centre and Amazon, and the neighbourhood has grown into a genuine live-work address rather than a pure commuter suburb.

Housing here ranges from mid-rise apartment communities to premium high-rises. Housing supply comprises apartments, villas and plots, with 2 & 3 BHK apartments in the premium segment dominating the locality, and Appaswamy, Casagrand and Brigade groups all having ready projects here. Buyers get a mix of ready-to-move societies and newer under-construction towers, giving flexibility whether you want immediate possession or an early-stage investment.

On pricing, average property rates per square feet in Perungudi, Chennai for flats stood around Rs 11,050 per sq ft, and the locality has seen healthy appreciation, with flat rates in Perungudi changing by 11.1% in the last 1 year, 30.0% in the last 3 years and 53.5% in the last 5 years. This steady climb reflects sustained IT-led housing demand rather than a speculative spike.

Beyond real estate, residents value the everyday liveability. Perungudi, Chennai is known for good public transport, easy cab/auto availability and good schools nearby, and locals rate it 4.1/5 in terms of connectivity, and 4.1/5 for safety. A calmer counterpoint to the built-up IT strip is close by too — Perungudi Lake is a popular recreational place located here, which adds to the scenic beauty and pleasant atmosphere in this locality.