Chennai, India
Property prices · 2025 · Asia · Price +6.5% vs 2024
Property price trend in Chennai (2024–2026)
Property comparison — cities in India (2025)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Chennai |
|---|---|---|---|---|
| Chennai | INR 101,175 | INR 66,030 | INR 29,820 | — |
| Mumbai | INR 192,400 | INR 98,800 | INR 36,400 | +90.2% |
| Delhi | INR 159,750 | INR 104,370 | INR 40,470 | +57.9% |
| Bangalore | INR 98,800 | INR 60,320 | INR 22,880 | -2.3% |
| Hyderabad | INR 95,850 | INR 61,770 | INR 29,820 | -5.3% |
| Pune | INR 90,525 | INR 58,575 | INR 26,625 | -10.5% |
| Kolkata | INR 74,550 | INR 47,925 | INR 21,300 | -26.3% |
| Ahmedabad | INR 58,575 | INR 38,340 | INR 17,040 | -42.1% |
Other Asia cities (2025)
Frequently asked questions
How much does property cost in Chennai in 2025?
In Chennai, the average price per sqm in the city centre is INR 101,175, and INR 66,030 outside the centre (2025 data). Prices have risen 11.5% since 2024.
How much is rent in Chennai in 2025?
A 1-bedroom apartment in Chennai rents for approximately INR 29,820 per month in 2025. A 3-bedroom apartment costs around INR 47,925/month.
Is it better to buy or rent in Chennai?
Buying and renting are roughly comparable in Chennai. The price-to-rent ratio is 18.0x — it would take approximately 18.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 8.50%.
What are mortgage rates in India in 2025?
The average mortgage rate in India is approximately 8.50% as of 2025. With a price-to-rent ratio of 18.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Chennai changed?
Property prices in Chennai have changed +6.5% vs 2024. Since 2024, prices have increased by 11.5%. Use the year tabs above to compare prices across years.
What is the price per sqm in Chennai?
The average property price per square metre in Chennai city centre is INR 101,175 in 2025. Outside the centre, expect to pay around INR 66,030/sqm.