Shivaji Nagar
Avg. Rate
₹ 3,463/sq. ft
Locality Rating
6.1/10
Shivaji-Nagar is a locality in Chennai, Tiruvallur District, and its PIN code is 600053. It is situated in the heart of the city, surrounded by other residential areas and commercial hubs. The locality is known for its mix of old and new structures, with some buildings dating back to the pre-independence era and others being modern constructions. The area is home to a diverse population, with people from various castes, communities, and professions residing here. The district of this locality is Chennai, which is a major metropolitan area in the state of Tamil Nadu. Shivaji-Nagar is well-connected to other parts of the city through a network of roads and public transportation systems, making it a convenient place to live and work. The locality has a range of amenities, including shops, restaurants, and educational institutions.
Region
Shivaji Nagar
City
Chennai
District
Chennai
State
Tamil Nadu
Pincode
600053
Population
13,244
Schools
3
Nearest Airport
Chennai International Airport (MAA)
Neighbourhood Insights by
The Good
Metro Phase 2 alignment (116 km, 3 new corridors) passes near this locality — completion expected to unlock significant price appreciation
School-zone premium reflects consistent demand from education-conscious home buyers; resale market remains liquid
Dense retail and F&B ecosystem supports high walkability and sustains strong rental occupancy across unit categories
West Chennai's Porur–Poonamallee–Ambattur corridor is seeing rapid infrastructure upgrades including the Chennai Ring Road
Lowest entry-ticket pricing in the Chennai market makes it viable for land banking and patient capital
The Bad
Absentee owner concentration in newer projects creates ghost-block risk that can reduce resale liquidity
Water supply from CMWSSB requires supplementary borewell support during peak summer months
Aurum Price Index for Shivaji 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
₹ 3,463/sq. ft
Average Price Range
₹ 1,050 – 10,750
Trend (5Y)
▲ 68.4%
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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