The most expensive residential locations in Chennai are generally located along the beach, offering breathtaking views of the Bay of Bengal. one of the most vibrant cities of IndiaChennai is home to many affluent individuals, including business tycoons. celebritiesIndustrialists, and sports personalities.
According to the 2024 Hurun India Rich List, Chennai is the fifth richest city in the country with 16 billionaires. In recent years, the city has also seen positive growth. real estate Investment, especially in upscale areas like Nungambakkam, Boat Club, Adyar and other well-planned neighbourhoods. Below, we take a look at some of the most expensive residential locations in Chennai.
7 most expensive residential locations in Chennai, India’s fifth richest city which is home to 16 billionaires
1. Boat Club
Located between Turnbulls Road Extension and Pasampone Muthuramalinga Thevar Road, Boat Club is one of the most exclusive and expensive areas of Chennai. Situated on the banks of the Adyar River, this luxurious locality is known for its lush greenery and the Madras Boat Club, which hosts the annual Indian Rowing Championships. It is home to high-profile personalities, including businessmen Venu SrinivasanChairman of TVS Group.
Average property prices: Rs 12,000 – Rs 50,000 per sq ft (as per NoBroker)
2. Poes Garden
This premium and expensive residential location in Chennai is a paradise for celebrities RajinikanthDhanush, cricketer Dinesh Karthik and many others. The neighborhood is well connected to major parts of the city including the Chennai International Airport. Apart from seamless connectivity, the area is also home to many renowned eateries and luxury retail outlets.
Average property prices: Rs 8,000 – Rs 20,000 per sq ft (as per NoBroker)
3. Vadapalani
Vadapalani is situated on the western side of ChennaiIs an upscale residential area with excellent infrastructure. Good connectivity, availability of top medical facilities and educational institutions makes Vadapalani a top choice for home buyers who are willing to invest heavily. Vadapalani Andavar Temple is also located in Vadapalani.
Average property prices: Rs 8,000 – Rs 45,000 per sq ft (as per NoBroker)
4. Thiruvanmiyur
One of the most developed areas of South Chennai, Thiruvanmiyur offers a mix of luxury residences and commercial spaces. It is also close to Thiruvanmiyur beach, making it a highly sought-after location. The area’s booming real estate market has driven up property values in recent years.
Average property prices: Rs 10,000 – Rs 42,000 per sq ft (as per NoBroker)
5. Nungambakkam
Nungambakkam is another affluent area, known for its European style architecture and proximity to major commercial and cultural centres. The area is home to several luxury hotels, educational institutions and high-end retail outlets. Popular among business leaders and top executives, Nungambakkam’s prime location makes it one of the most expensive localities in Chennai.
Average property prices: Rs 7,000 – Rs 32,000 per sq ft (as per NoBroker)
6. Gopalapuram
Known for its rich history, Gopalapuram is one of the prime and most expensive residential areas of Chennai. This is the house of the prestigious educational institutions Like Loyola College and the Indian Institute of Technology (IIT), the historic Ishwari Library is also located in the area. With premium residential options and strong connectivity to various parts of the city, Gopalapuram has emerged as an ideal choice for the affluent.
Average property prices: Rs 8,000 – Rs 30,000 per sq ft (as per NoBroker)
7. Adyar
Located in South Chennai, Adyar is one of the most prominent and established residential areas of the city. Known for its colonial-era charm and beautiful green spaces including Elliot’s Beach, Adyar has become a favorite among the city’s rich. The combination of old world charm and modern amenities makes it a desirable place to live.
Average property prices: Rs 8,000 – Rs 30,000 per sq ft (as per NoBroker)
