Banu Nagar
Avg. Rate
₹ 5,885/sq. ft
Locality Rating
6.8/10
Banu-Nagar is a locality in Chennai, Tiruvallur District, and its PIN code is 600053. Located in the Kancheepuram district, it is a residential area with a mix of old and new buildings. The locality is surrounded by other residential areas and commercial zones, providing easy access to various amenities and services. Banu-Nagar has a relatively small population and is known for its calm and peaceful environment. The area is well-connected to other parts of the city through a network of roads and public transportation. The locality has a few schools, shops, and other essential services, making it a convenient place to live for its residents. The area's proximity to the city center and other major attractions makes it an attractive option for those looking to live in a relatively quiet and peaceful area within the city.
Region
Banu Nagar
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600053
Population
14,569
Schools
5
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Reputed institutions (DAV, Chettinad Vidyashram, or PSBB group) within 2 km command above-market pricing in adjacent streets
Thriving local market and commercial street provide daily essentials within walking distance, reducing vehicle dependency
North Chennai port-led industrial growth and Ennore expressway extensions are driving renewed investor interest
Improving road and metro connectivity is narrowing the price gap between west Chennai and the OMR/ECR premium belts
Planned metro extension is already catalysing early-mover investor interest and pre-launch residential demand
The Bad
Proximity to SIPCOT, Ambattur, or Manali industrial estates results in above-average air and noise quality concerns
Steep appreciation over the last three years has significantly raised the entry barrier for first-time buyers
Aurum Price Index for Banu nagar
Normalized to 100 · Oct 2020 baseline
Timeline
Aurum Price Index is based on 10 parameters:
Property Listing Trends
(12%)
RERA Inventory & Sales Velocity
(13%)
IGR Transaction Data
(15%)
Rental Yield
(10%)
Pollution & Environment
(08%)
Infrastructure & Connectivity
(13%)
Social Infrastructure
(08%)
Crimes & Safety
(08%)
Political Stability
(06%)
Corruption & ease of doing business
(07%)
Rates and Trends
Timeline
Average Rate
₹ 5,885/sq. ft
Average Price Range
₹ 1,750 – 18,300
Trend (5Y)
▲ 68.7%
Nearby Neighborhoods
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Frequently Asked Questions
The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in
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