About Perungudi

 

The recent boom in IT all over the country have had a ripple effect on many small districts and suburban towns of major cities. The erstwhile village of Perungudi is one such district, which has rapidly developed into a flourishing neighbourhood becoming a seat for residential and commercial activity.

 

This locality is flanked by the important Old Mahabalipuram Road (OMR) on one side, and the Perungudi Lake on the other. It is enveloped by Thoraipakkam to its south and Palavakkam to its east. To the west of Perungudi lies natural landscapes, ranging from marshes and paddy fields to barren excavated lands.

 

Perungudi’s strategic location on the OMR has proved to be an impetus for its growth. OMR’s growing reputation as a major IT corridor in Chennai has led to the movement of a horde of young working professionals towards Perungudi in search of housing units. With factors like well-developed social and civic infrastructure, proximity to IT hubs, and seamless connectivity, Perungudi has proved to be an ideal destination for the end-user.

Property Rates in Perungudi, Chennai

₹ 6,090 per sqft

Avg. selling price

₹ 15,122

Avg. rent for a 2BHK

11.1%

Anticipated YoY appreciation

Perungudi Location Map

Nearby Localities