Avg. Rate
₹ 5,649/sq. ft
Locality Rating
6.6/10
Shanmuga-Nagar is a locality in Chennai, Chennai District, and its PIN code is 600048. It is situated in the Thiruvallur district of Tamil Nadu. The area is known for its residential properties and commercial establishments. Shanmuga-Nagar is a relatively small locality with a mix of old and new buildings. The area has a moderate population density and is well-connected to other parts of the city through public transportation. The locality has a few schools, temples, and shops within its vicinity. The residents of Shanmuga-Nagar have access to basic amenities such as electricity, water, and sanitation. The area is also close to the Chennai-Bangalore highway, making it a convenient location for those who travel frequently. Overall, Shanmuga-Nagar is a quiet and peaceful locality with a mix of residential and commercial activities.
Region
Shanmuga Nagar
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600048
Population
7,593
Schools
5
Nearest Airport
Chennai International Airport (MAA)
School-zone premium reflects consistent demand from education-conscious home buyers; resale market remains liquid
Highway-connected location improves property discoverability and supports future commercial development along the corridor
Thriving local market and commercial street provide daily essentials within walking distance, reducing vehicle dependency
Part of Chennai's fastest-appreciating southern corridor; benefits from Metro Phase 2 and OMR infrastructure upgrades
Improving road and metro connectivity is narrowing the price gap between west Chennai and the OMR/ECR premium belts
Proximity to commercial areas, hospitals, or major arterials generates persistent noise in main-road-facing units
Premium pricing compresses rental yields below 2.5% in the luxury segment
Normalized to 100 · Oct 2020 baseline
Timeline
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%)
Timeline
Average Rate
₹ 5,649/sq. ft
Average Price Range
₹ 1,700 – 17,550
Trend (5Y)
▲ 68.2%
Rates and Trends
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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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