Paramasivam Nagar
Avg. Rate
₹ 5,601/sq. ft
Locality Rating
4.3/10
Paramasivam-Nagar is a locality in Chennai, Chennai District, and its PIN code is 603109. It is situated in the Kanchipuram district of Tamil Nadu, a region known for its rich cultural heritage and historical landmarks. The locality is surrounded by various residential areas, commercial complexes, and educational institutions, making it a popular choice for residents and businesses alike. The area is well-connected to other parts of the city through a network of roads and public transportation systems. The local economy is driven by a mix of small-scale industries, retail businesses, and service-oriented establishments. Paramasivam-Nagar's residential properties range from affordable apartments to luxurious villas, catering to diverse needs and preferences. The locality's proximity to major highways and transportation hubs makes it an attractive option for those seeking easy access to the city's central business district.
Region
Paramasivam Nagar
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
603109
Population
8,966
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
School-zone premium reflects consistent demand from education-conscious home buyers; resale market remains liquid
Direct access to NH-32 (OMR), NH-48 (GST Road), or Chennai Bypass reduces intercity and long-distance commute times
Dense retail and F&B ecosystem supports high walkability and sustains strong rental occupancy across unit categories
Part of Chennai's fastest-appreciating southern corridor; benefits from Metro Phase 2 and OMR infrastructure upgrades
West Chennai's Porur–Poonamallee–Ambattur corridor is seeing rapid infrastructure upgrades including the Chennai Ring Road
The Bad
Generator noise from hospital and commercial establishments in the locality is a common resident complaint
Premium pricing compresses rental yields below 2.5% in the luxury segment
Aurum Price Index for Paramasivam nagar
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
₹ 5,601/sq. ft
Average Price Range
₹ 1,650 – 17,400
Trend (5Y)
▲ 68%
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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