Chennai Metro Phase 2 is a major infrastructure project aiming to extend metro connectivity across 118.9 km with three major corridors:

• Corridor 3: Madhavaram to SIPCOT (via Porur, T. Nagar, Adyar, OMR)

• Corridor 4: Light House to Poonamallee (via Vadapalani, Porur, Koyambedu)

• Corridor 5: Madhavaram to Sholinganallur (via Perambur, Kolathur, Velachery, Pallikaranai)

It covers 128 stations and is expected to be partially operational by 2026, with full completion projected by 2028.

Impact on Property Prices

1. Significant Price Appreciation Near Stations

• Properties within 1 km of a planned metro station are witnessing 20–30% price growth.

• Example:

  • Porur: Already seen ~?800–?1,000/sq.ft jump in 2 years.

  • Poonamallee and Sholinganallur: Demand and resale value rising due to better future access.

2. Investor Hotspots Emerging

• Madhavaram, Perambur, Siruseri, Kolathur, and Thirumazhisai are now seen as long-term investment corridors due to improved accessibility.

3. From Tier-2 to Prime Zones

• Areas once considered remote or suburban (like Thirumazhisai, Pallikaranai, Poonamallee) are now gaining interest from developers and homebuyers.

What Buyers Should Know

Buy Early – Before the Metro Becomes Operational

• Prices tend to rise significantly after stations become active.

• Early investment often means better capital appreciation.

Evaluate the Entire Infrastructure Package

• Metro alone doesn’t ensure value.

• Check for:

  • Good roads

  • Proper drainage

  • Water availability

  • Schools, hospitals, supermarkets

  • Low waterlogging zones

Expect Construction Disruption

• While future access is great, ongoing construction might bring noise, dust, and temporary traffic congestion.

Rental Demand Will Rise

• Areas like OMR, Porur, and Sholinganallur already have high tenant demand.

• Metro connectivity will increase rental values in 2026–27 onwards.

Don’t Fall for Speculative Overpricing

• Some builders increase prices just by “saying” a metro station is nearby.

• Always verify the exact location of the station and official timelines.

Best Micro-Markets to Watch

Final Thoughts

Chennai Metro Phase 2 is a game-changer for real estate in the city.

If you're a buyer:

• Invest early, especially in Phase 2-connected zones.

• Balance price with liveability—don't just chase metro hype.

• Use this as a long-term bet (2025–2030) for strong ROI.

Chennai Metro Phase 2 is set to transform the city’s real estate landscape by significantly improving connectivity across key residential and commercial areas. Spanning nearly 119 km with 128 stations across three major corridors, this phase will link suburbs like Poonamallee, Porur, Madhavaram, Sholinganallur, and Siruseri directly to the city’s core and IT hubs.As a result, properties located within 1 km of these upcoming metro stations are already witnessing price appreciation of 20–30%, and this trend is expected to continue as the project progresses toward completion by 2028. For homebuyers and investors, this presents a golden opportunity to enter the market early, before full metro operations begin.

https://www.livehomes.in/blogs