Perumbakkam Property Intelligence Report 2024
Perumbakkam is located on the OMR corridor, 22 km from Chennai Central. Registered sale prices average ₹5,800/sqft while brokers quote ₹7,500/sqft — a 29% premium. PropXLA rates Perumbakkam 68/100 based on price truth, flood risk, metro connectivity, and IT corridor proximity.
Perumbakkam
Perumbakkam · Investment
OMR corridor
53/100
Proceed with careModerate fit for investment — verify all risks before paying
Price truth
55/100
vs area avg
Risk score
35/100
flood + CRZ
Intent fit
75/100
for investment
Price momentum and IT corridor proximity drive investment score.
Illiquid market. Verify exit options before committing capital.
Flood risk: high
High flood risk. Confirm plot elevation above 4m MSL before any payment.
Broker quoting 29% above registered prices
Registered avg ₹5,800/sqft · Broker asking ₹7,500/sqft · Verify on Zapkey
Price growth signal
Good — 41.4% appreciation over 5 years. High flood risk dampens score.
Price trend2020 → 2024
20202021202220232024
₹3,400/sqft₹5,800/sqft+71% in 4 years
Recent registered sales
2BHK · 1,100 sqft
Apr 2024
58L
₹5,273/sqft
3BHK · 1,450 sqft
Feb 2024
76L
₹5,241/sqft
2BHK · 1,050 sqft
Dec 2023
53L
₹5,048/sqft
Source: Registered sale data · TNREGINET
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