1. Over View
Medavakkam is a fast-developing residential suburb located in South Chennai, Tamil Nadu. Over the last decade, it has transformed from a semi-rural area into one of the most sought-after real estate zones in Chennai. Its growth has been driven mainly by proximity to the IT corridor (Old Mahabalipuram Road – OMR), Velachery, and Tambaram. The region lies within the Chennai Metropolitan Area (CMA) and is well-connected through arterial roads, making it a preferred choice for IT professionals and families alike.
2. Location and Connectivity
Medavakkam enjoys strategic connectivity to major parts of Chennai:
- OMR (IT Expressway) – Around 4 to 6 km away, connecting to major IT hubs like Sholinganallur, Perungudi, and Thoraipakkam.
- Velachery – About 6 km away, offering access to Phoenix MarketCity and the MRTS train line.
- Tambaram – Approximately 7 km away, linking to GST Road and Chennai International Airport.
- Medavakkam Main Road, Pallikaranai Road, and Sholinganallur Junction – major routes that connect to nearby localities.
The proposed Chennai Metro Line (Phase II) will further improve connectivity — one corridor is planned to pass close to Medavakkam, making travel toward central Chennai easier and boosting property values.
3. Real Estate Development
Medavakkam’s real estate market has expanded with numerous residential projects from both local and reputed developers. Over 100 apartment complexes have been built or launched in the last few years, ranging from budget apartments to premium gated communities.
Types of Apartments:
- 1 BHK units: Generally between 500 – 650 sq ft, suitable for singles or small families.
- 2 BHK units: Around 850 – 1,100 sq ft, forming the most common choice.
- 3 BHK units: Typically 1,200 – 1,600 sq ft, for larger families or those preferring more space.
Average Price Trends (as of late 2025):
- 1 BHK: Rs 35 – Rs 50 lakhs
- 2 BHK: Rs 55 – Rs 80 lakhs
- 3 BHK: Rs 85 lakhs – Rs 1.3 crore
- Per sq ft rate: Usually between Rs 6,000 – Rs 8,000 depending on the builder, exact location, and amenities offered.
Projects with reputed builders or prime access to main roads are priced higher, while smaller projects in the inner areas of Medavakkam come at lower rates.
4. Infrastructure and Amenities
Modern apartment complexes in Medavakkam usually come equipped with:
- 24x7 Security and CCTV Surveillance
- Power Backup and Lifts
- Covered Car Parking
- Community Hall
- Play Area
- Rainwater Harvesting & Sewage Treatment
The area has also seen steady improvement in civic infrastructure — paved roads, street lighting, drainage systems, and water supply. Educational and healthcare institutions like Vels Vidyashram, Sree Balaji Dental College, and Global Hospital, Perumbakkam are nearby. Shopping and groceries are served by Reliance Fresh, D-Mart, and several local markets.
5. Advantages of Buying an Apartment in Medavakkam
- Strong Connectivity: Well-linked to major employment zones such as OMR, Velachery, and Tambaram.
- Value Appreciation: Continuous infrastructure development and metro expansion promise higher property values in the future.
- Balanced Lifestyle: Peaceful suburban environment with access to city conveniences.
- Rental Potential: High rental demand from IT professionals; 2 BHK units fetch around Rs18,000 – Rs 25,000 per month.
- Variety of Projects: Buyers can choose from affordable flats to premium gated communities.
6. Things to Verify Before Purchase
When looking for an apartment in Medavakkam, check these crucial points:
- RERA Registration: Ensure the project is listed with the Tamil Nadu RERA authority.
- Legal Title & Encumbrance: Confirm that the land ownership is clear and there are no disputes.
- Occupancy Certificate & Building Approval: For ready-to-move apartments, verify the completion certificate and occupancy permit.
- Water and Drainage Connection: Some areas still depend on tanker water — check availability of Metro Water supply.
- Maintenance Cost: Typically ranges from Rs 2.5K – Rs 4K per sq ft monthly.
- Flooding Risk: As parts of Medavakkam are low-lying, confirm if the specific layout has proper storm-water drainage.
7. Real Estate Outlook
Medavakkam continues to attract mid-range and upper-mid segment homebuyers. With the growth of IT parks along OMR and GST Road, and the development of social infrastructure (schools, malls, hospitals), the demand for housing is expected to stay strong. Over the next five years, experts forecast steady price growth of around 5 – 8% annually, especially after the metro corridor becomes operational.
Consulsion
- Location: Medavakkam, South Chennai
- Property Type: Apartments / Flats ( 3 BHK)
- Price Range: Rs 85.55L (approx.)
- Average Rate: Rs 6,300 per sq ft
- Ideal For: IT professionals, young families, long-term investors
- Pros: Good connectivity, fast development, strong rental demand
- Cons: Some pockets still developing; occasional flooding during heavy rain
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