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Pillaiyarpalayam

Avg. Rate

₹ 5,559/sq. ft

Locality Rating

6.6/10

Pillaiyarpalayam is a locality situated in Chennai within the Chennai district, known for its established character. It has a population of 28,797 residents and serves as a residential area. The current property price in the locality stands at ₹10,650 per sqft as of October 2025, having experienced a significant growth of 255.0% since January 2011 when it was ₹3,000 per sqft. This remarkable price appreciation reflects strong and promising investment potential for prospective buyers. Property seekers and investors looking for substantial long-term value would particularly benefit from living or investing here due to this consistent upward trend. Overall, Pillaiyarpalayam presents a favorable market outlook for those interested in the Chennai real estate sector.

Region

Pillaiyarpalayam

City

Chennai

District

Chennai

State

Tamil Nadu

Pincode

631501

Population

28,797

Schools

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

Kanchipuram Bus StandExit Road, Kanchipuram, 631501

Aurum Price Index for Pillaiyarpalayam

1BHK2BHK3BHKAll

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

Upper PriceAverage PriceLower Price

Timeline

Average Rate

₹ 5,559/sq. ft

Average Price Range

₹ 1,650 – 17,250

Trend (5Y)

▲ 67.7%

Nearby Neighborhoods

Periya

Periya is a developing locality situated in Chennai district within the city of Chennai, known for its emerging real estate landscape. The area accommodates a population of 14,406 residents, reflecting a growing community within this urban setting. Property prices in the locality currently stand at ₹6,600 per sqft as of October 2025, having registered a substantial growth of 256.8% since January 2011 when prices were ₹1,850 per sqft. This remarkable historical price appreciation indicates strong capital appreciation and solid investment potential for prospective buyers. Homebuyers and investors looking for long-term value in a growing Chennai market will find Periya to be an advantageous choice. Overall, the locality presents a promising market outlook for those seeking both residential living and investment opportunities.

Avg. Rate

₹ 3,447/sq. ft

Locality Rating

6.6/10

Explore Neighbourhood

Thiruveethipallam

Thiruveethipallam is a residential locality situated in Chennai city and district. With a population of 25,790, the area primarily serves residential purposes. The current property price in the locality is ₹10,800 per sqft as of October 2025, having experienced a significant price growth of 254.1% since January 2011 when it was ₹3,050 per sqft. This substantial price appreciation highlights strong investment potential for prospective buyers. Homebuyers and investors looking for steady long-term appreciation would greatly benefit from investing here. Overall, the locality presents a promising market outlook for residential property seekers.

Avg. Rate

₹ 5,628/sq. ft

Locality Rating

6.6/10

Explore Neighbourhood

Thaiyar Kullam

Thaiyar Kullam is a residential locality situated in Chennai city and district, known for its established character. The area has a population of 14,919 residents and is primarily residential in nature. The current property price in the locality is ₹5,800 per sqft as of October 2025, having grown significantly by 251.5% since January 2011 when it was ₹1,650 per sqft. This remarkable price growth indicates strong capital appreciation, making it an attractive prospect for real estate investors. Homebuyers and investors seeking steady appreciation in a populated urban setting would benefit from participating in this market. Overall, the locality presents a promising market outlook for those looking to invest in Chennai's residential sector.

Avg. Rate

₹ 3,036/sq. ft

Locality Rating

6.6/10

Explore Neighbourhood

Konerikuppam

Konerikuppam is a developing residential locality situated in Chennai within Chennai district. With a population of 12,514 residents, the area primarily serves as a residential neighborhood. The current property price in the locality stands at ₹11,000 per sqft as of October 2025, having experienced a significant growth of 254.8% since January 2011 when it was ₹3,100 per sqft. This substantial price growth demonstrates strong investment potential for prospective buyers. Homebuyers and real estate investors looking for long-term capital appreciation would benefit greatly from purchasing property here. Overall, the locality presents a promising market outlook for those seeking a growing residential community.

Avg. Rate

₹ 5,738/sq. ft

Locality Rating

6.4/10

Explore Neighbourhood

Gem Nagar

Gem Nagar is a residential locality situated in Chennai district, Chennai, known for its established neighborhood character. The area is home to a population of 21,453 residents and primarily serves as a residential community. The current property price in the locality stands at ₹6,100 per sqft as of October 2025, reflecting a significant price growth of 258.8% since January 2011 when it was ₹1,700 per sqft. This substantial upward price trend indicates strong investment potential for prospective buyers in the market. Homebuyers and investors looking for long-term capital appreciation would particularly benefit from participating in this developing real estate landscape. Overall, the consistent historical growth suggests a stable and promising market outlook for the area.

Avg. Rate

₹ 3,174/sq. ft

Locality Rating

5.8/10

Explore Neighbourhood

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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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Pillaiyarpalayam

Neighbourhood Insights by

The Good

The Bad

Aurum Price Index for Pillaiyarpalayam

Aurum Price Index is based on 10 parameters:

Rates and Trends

Nearby Neighborhoods

Periya

Thiruveethipallam

Thaiyar Kullam

Konerikuppam

Gem Nagar

Real Estate Toolkit

Frequently Asked Questions

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Insight that inspires action.
Technology that empowers action.“