Avg. Rate
₹ 3,174/sq. ft
Locality Rating
5.8/10
Gem-Nagar is a locality in Chennai, Chennai District, and its PIN code is 631502. Located in the Kanchipuram district of Tamil Nadu, this area is known for its serene environment and peaceful atmosphere. It is situated near the Chennai-Bangalore highway and offers easy access to various parts of the city. The locality is surrounded by lush greenery and is home to several residential apartments and independent houses. The area is relatively quiet and is preferred by those seeking a calm and serene lifestyle. However, the proximity to the highway makes it a convenient option for those who need to travel frequently. The locality has a mix of old and new buildings, with some areas still under development.
Region
Gem Nagar
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
631502
Population
21,453
Schools
5
Nearest Airport
Chennai International Airport (MAA)
Highway-connected location improves property discoverability and supports future commercial development along the corridor
South Chennai's OMR–Velachery–Perungudi triangle is the city's primary IT employment hub, driving sustained end-user demand
Improving road and metro connectivity is narrowing the price gap between west Chennai and the OMR/ECR premium belts
Upcoming Metro Phase 2 station will bring the first rail-based connectivity to this locality
Lowest entry-ticket pricing in the Chennai market makes it viable for land banking and patient capital
Generator noise from hospital and commercial establishments in the locality is a common resident complaint
Many developments are investor-held; low end-user occupancy depresses maintenance quality and community upkeep
Normalized to 100 · Oct 2020 baseline
Timeline
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%)
Timeline
Average Rate
₹ 3,174/sq. ft
Average Price Range
₹ 950 – 9,900
Trend (5Y)
▲ 69.4%
Rates and Trends
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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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