Best Places to Buy Property in Chennai 2026 Updated

Chennai’s real estate market in 2026 is driven by IT expansion, infrastructure upgrades, Metro Phase-2, and steady end-user demand. The best locations to buy property differ based on budget, lifestyle needs, and investment goals. Below are the most reliable and high-demand areas explained in detail.

1. Old Mahabalipuram Road (OMR)

OMR continues to be the strongest real estate corridor in Chennai.
It houses major IT parks, global tech companies, and SEZs, ensuring constant demand from professionals. The presence of international schools, hospitals, malls, and gated communities makes it suitable for both end-users and investors.
Metro Phase-2 connectivity and ongoing road improvements are expected to further boost property values. Rental demand remains consistently high, making OMR ideal for long-term investment.
Best suited for:
IT professionals, investors, rental income buyers

Click here: Residential Property For Sale in OMR

2. Sholinganallur

Sholinganallur is one of the most developed residential hubs along OMR.
It benefits from proximity to major IT campuses while offering well-planned residential layouts, premium apartments, and gated communities. Social infrastructure such as schools, hospitals, supermarkets, and entertainment zones is well established.
With limited availability of large land parcels, prices are expected to appreciate steadily rather than fluctuate.
Best suited for:
Professionals working on OMR, families, stable investors

Click here: Residential Property For Sale in Sholinganallur

3. Porur

Porur is a fast-growing residential and commercial hub in West Chennai.
It offers excellent connectivity to Guindy, Mount Road, DLF IT Park, and industrial zones via major arterial roads. The area has seen rapid development of mid-range and premium housing projects, supported by hospitals, colleges, and office spaces.
Upcoming metro connectivity is a key factor driving future appreciation.
Best suited for:
Families, mid-term investors, professionals working in West & Central Chennai

Click here: Residential Property For Sale in Porur

4. Medavakkam

Medavakkam has emerged as a preferred location due to its strategic position between OMR and GST Road.
It offers comparatively affordable property prices while maintaining good access to IT hubs, schools, and hospitals. Infrastructure development has improved significantly, making it attractive to first-time buyers.
As surrounding areas become saturated, Medavakkam is expected to see strong appreciation.
Best suited for:
First-time home buyers, budget buyers, long-term investors

Click here: Residential Property For Sale in Medavakkam

5. Velachery

Velachery is a mature residential locality with excellent connectivity.
It is well connected by MRTS, arterial roads, and is close to IT hubs, shopping malls, and commercial zones. Demand remains strong due to limited land availability and a well-established social ecosystem.
Although prices are higher than emerging suburbs, the area offers reliability and strong resale value.
Best suited for:
Families, end-users, buyers seeking central accessibility

Click here: Residential Property For Sale in Velachery

6. Anna Nagar

Anna Nagar is one of Chennai’s most premium and well-planned residential areas.
It offers excellent metro connectivity, wide roads, parks, schools, and shopping zones. Property prices are among the highest in the city, but demand remains constant due to limited supply.
Price appreciation is steady rather than aggressive, making it a low-risk location.
Best suited for:
Premium buyers, families, long-term end-users

Click here: Residential Property For Sale in Annanagar

7. Perambur

Perambur is gaining attention due to urban redevelopment and improved infrastructure.
Better rail and road connectivity, new apartment projects, and commercial growth have increased buyer interest. Property prices are still relatively affordable compared to central Chennai, offering scope for appreciation.
The area is transitioning from traditional housing to modern residential developments.
Best suited for:
Value investors, budget home buyers, mid-term appreciation seekers

Click here: Residential Property For Sale in Perambur