Malayambakkam
Avg. Rate
₹ 3,846/sq. ft
Locality Rating
3.9/10
Malayambakkam is a locality in Chennai, Chennai District, and its PIN code is 600123. This area is situated in the Kanchipuram district, which is a part of the Chennai Metropolitan Area. Malayambakkam is a residential area with a mix of old and new houses, and it is known for its calm and peaceful environment. The locality has easy access to various amenities, including schools, hospitals, and shopping centers. The area is well-connected to other parts of the city through the Chennai suburban railway network and buses. The locality is also close to the Perungudi landfill, which has been a subject of environmental concern in recent years. Despite this, Malayambakkam remains a popular residential area for those seeking a peaceful living experience in the city.
Region
Malayambakkam
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600123
Population
10,209
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Short commute to Tidel Park, SP Infocity, and RMZ Millenia tech campuses reduces daily travel costs for residents
Planned metro extension is already catalysing early-mover investor interest and pre-launch residential demand
Chennai Suburban Railway or MRTS station within the locality provides one of India's most affordable and frequent commuter rail services
Chennai's medical tourism cluster proximity drives short-term furnished rental demand from patients and caretakers
School-zone premium reflects consistent demand from education-conscious home buyers; resale market remains liquid
The Bad
Limited alternative road alignments mean traffic congestion during IT shift hours is unlikely to ease without metro expansion
Inadequate storm-water drainage leads to seasonal flooding in ground-floor units during heavy rainfall
Distance from rail and metro corridors significantly increases commute times to CBD and OMR IT clusters
Aurum Price Index for Malayambakkam
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
₹ 3,846/sq. ft
Average Price Range
₹ 1,150 – 12,000
Trend (5Y)
▲ 68.2%
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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