Pillaiyarpalayam
Avg. Rate
₹ 5,559/sq. ft
Locality Rating
6.6/10
Pillaiyarpalayam is a locality in Chennai, Kanchipuram district, and its PIN code is 631501. Located in the southern part of Tamil Nadu, this area is known for its residential neighborhoods and commercial establishments. The locality is well-connected to other parts of the city through a network of roads and public transportation systems. Pillaiyarpalayam is home to a mix of old and new buildings, with some areas featuring traditional Tamil architecture and others showcasing modern designs. The area has a range of amenities, including schools, temples, and shopping centers, making it a popular choice for residents. The locality's proximity to the city center and its relatively affordable housing options have contributed to its growth and development over the years.
Region
Pillaiyarpalayam
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
631501
Population
28,797
Schools
5
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Reputed institutions (DAV, Chettinad Vidyashram, or PSBB group) within 2 km command above-market pricing in adjacent streets
Dense retail and F&B ecosystem supports high walkability and sustains strong rental occupancy across unit categories
South Chennai's OMR–Velachery–Perungudi triangle is the city's primary IT employment hub, driving sustained end-user demand
Improving road and metro connectivity is narrowing the price gap between west Chennai and the OMR/ECR premium belts
Upcoming Metro Phase 2 station will bring the first rail-based connectivity to this locality
The Bad
Premium pricing compresses rental yields below 2.5% in the luxury segment
Road maintenance quality varies within the locality; some internal streets need resurfacing after monsoon
Aurum Price Index for Pillaiyarpalayam
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
₹ 5,559/sq. ft
Average Price Range
₹ 1,650 – 17,250
Trend (5Y)
▲ 67.7%
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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