Majestic Residency Layout
Avg. Rate
₹ 5,758/sq. ft
Locality Rating
7.1/10
Majestic-Residency-Layout is a locality in Chennai, Chennai District, and its PIN code is 600119. It is situated in the Kanchipuram district of Tamil Nadu, India. The area is known for its residential properties, with a mix of apartments, independent houses, and commercial establishments. The locality is well-connected to major roads and highways, making it easily accessible to other parts of the city. The area has a moderate population density and is served by local transportation services, including buses and autorickshaws. The locality is surrounded by other residential areas and is close to educational institutions, healthcare facilities, and shopping centers. The area is relatively flat and has a mix of open spaces and built-up areas, providing a balance between residential and commercial activities. Overall, Majestic-Residency-Layout is a typical residential locality in Chennai.
Region
Majestic Residency Layout
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600119
Population
31,290
Schools
5
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Multi-speciality hospital within the locality makes it a preferred address for senior citizens and health-conscious families
Cluster of CBSE, ICSE, and IB schools within the locality makes it a top choice for families with school-age children
Direct access to NH-32 (OMR), NH-48 (GST Road), or Chennai Bypass reduces intercity and long-distance commute times
Planned layout structure prevents haphazard encroachment and protects long-term property values
Dense retail and F&B ecosystem supports high walkability and sustains strong rental occupancy across unit categories
The Bad
Proximity to commercial areas, hospitals, or major arterials generates persistent noise in main-road-facing units
Steep appreciation over the last three years has significantly raised the entry barrier for first-time buyers
Aurum Price Index for Majestic residency layout
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
₹ 5,758/sq. ft
Average Price Range
₹ 1,700 – 17,900
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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