Melakondayar
Avg. Rate
₹ 5,629/sq. ft
Locality Rating
3.8/10
Melakondayar is a locality in Chennai, Tiruvallur District, and its PIN code is 621704. Located in the Kanchipuram district of Tamil Nadu, this area is known for its serene atmosphere and peaceful surroundings. The locality is surrounded by lush greenery and is home to a mix of residential and commercial properties. The area is well-connected to the city center and other nearby localities through a network of roads and public transportation systems. The residents of Melakondayar enjoy easy access to various amenities, including schools, hospitals, shopping centers, and entertainment options. The locality is also close to several tourist attractions, making it a popular choice for those who want to experience the best of Chennai without being in the midst of the bustling city. The area is also known for its cultural and historical significance.
Region
Melakondayar
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
621704
Population
4,721
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Chennai's medical tourism cluster proximity drives short-term furnished rental demand from patients and caretakers
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
Located in the emerging north-Chennai revitalisation zone; CMDA-led planned township development underway nearby
West Chennai's Porur–Poonamallee–Ambattur corridor is seeing rapid infrastructure upgrades including the Chennai Ring Road
The Bad
Chemical or refinery emissions from nearby industrial areas have been flagged in State PCB monitoring reports
Steep appreciation over the last three years has significantly raised the entry barrier for first-time buyers
Aurum Price Index for Melakondayar
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
₹ 5,629/sq. ft
Average Price Range
₹ 1,700 – 17,500
Trend (5Y)
▲ 68.8%
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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