Madipakkam
Avg. Rate
₹ 3,197/sq. ft
Locality Rating
7.2/10
Madipakkam is a locality in Chennai, Chennai District, and its PIN code is 631701. It is situated in the southwestern part of the city and is known for its residential areas, commercial complexes, and educational institutions. The locality is well-connected to other parts of the city through public transportation and is easily accessible via the Old Mahabalipuram Road. The area has seen significant development in recent years with the construction of new buildings, apartments, and shopping centers. Madipakkam is located in the Kanchipuram district of Tamil Nadu, which is known for its rich cultural heritage and historical sites. The locality is home to a diverse population of people from different backgrounds and professions, making it a vibrant and cosmopolitan area.
Region
Madipakkam
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
631701
Population
78,644
Schools
5
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Proximity to the OMR IT corridor (Sholinganallur–Siruseri belt) anchors strong rental demand from tech professionals
School-zone premium reflects consistent demand from education-conscious home buyers; resale market remains liquid
Thriving local market and commercial street provide daily essentials within walking distance, reducing vehicle dependency
South Chennai's OMR–Velachery–Perungudi triangle is the city's primary IT employment hub, driving sustained end-user demand
Metro Phase 2 alignment (116 km, 3 new corridors) passes near this locality — completion expected to unlock significant price appreciation
The Bad
Limited alternative road alignments mean traffic congestion during IT shift hours is unlikely to ease without metro expansion
Low-lying sub-pockets have experienced significant flooding during the northeast monsoon (Oct–Dec); 2015 and 2023 events caused structural damage
Many developments are investor-held; low end-user occupancy depresses maintenance quality and community upkeep
Aurum Price Index for Madipakkam
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
₹ 3,197/sq. ft
Average Price Range
₹ 950 – 9,950
Trend (5Y)
▲ 68.5%
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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