What is the Land Rate in Perungalathur?

The land rate in Perungalathur mainly depends on the location. When we planned to invest in this area, we consulted with several friends to get a price estimate but it was not that helpful. Luckily we used the NoBroker platform on a friend’s recommendation and were able to invest in a plot. You can do the same. I found on NoBroker that the land rate in this location starts from Rs 530 per sq ft. Let me share a few of their listings next for your convenience.

What is the Plot Rate in Perungalathur?

The square feet rate in Perungalathur that I checked out were as follows:

If you want, you can check out more options on

. You can even contact the owner through it. So best of luck with your land purchase.

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Understanding the current land rate in Perungalathur, a suburb of Chennai, is crucial for anyone considering property investment or seeking to gauge the real estate market's dynamics in this region.

The market value of land in Perungalathur, like any other location, is influenced by several key factors;

• Location and Accessibility: 

Proximity to essential amenities, transportation hubs, and major roads can elevate land values.

• Infrastructure Development: 

Investments in infrastructure like roads, public transport, and utilities enhance land value by improving accessibility and quality of life.

• Economic Growth: 

A thriving local economy with job opportunities and income growth tends to increase land demand and, consequently, values.

• Supply and Demand:

A balance between land supply and demand in the area affects pricing. High demand relative to supply typically drives up prices.

• Government Policies:

Zoning regulations, land use policies, and incentives can impact land values by dictating land use and development possibilities.

These factors collectively shape the Perungalathur land market value, influencing property values and investment decisions.

According to my research, the starting price of property in Perungalathur is Rs. 2,066 per square foot, while the average price is Rs. 5,668 per square foot. Price trends suggest that it is currently profitable to acquire houses for sale and sell properties in Perungalathur in Chennai.

I hope this helps you understand the land rate in Perungalathur.

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