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Current property prices, average rates per sqft, rental yields, and market analysis for Alwarpet, Chennai.
Avg Price/sqft
₹34,863
Avg Rent (2BHK)
—
Livability Score
8/10
Safety Score
8/10
Rental Yield
—
Source: AVnester Market Intelligence · as of Oct 2026 · See full price trends
The average property rate in Alwarpet, Chennai is approximately ₹34,863/sqft (AVnester Market Intelligence, as of Oct 2026; live monthly trends). A typical 2BHK apartment (900-1200 sqft) in Alwarpet costs between 314 lakhs and 418 lakhs. Alwarpet has a livability score of 8/10 and safety score of 8/10.
Alwarpet is one of Chennai's most prestigious residential localities, situated in the heart of the city and often referred to as 'the Heart of Chennai'. This upscale neighbourhood is part of the greater Teynampet region and is surrounded by prominent areas including Teynampet to the north and west, Mylapore and Mandavelli to the east, Raja Annamalaipuram to the south, and Nandanam to the southwest. The locality boasts a rich colonial heritage, with much of its infrastructure developed during the British era. Today, it is home to affluent professionals, business owners, executives, and celebrities, creating a blend of modern luxury and traditional values. The area's exceptional connectivity—7 km from Chennai Central Railway Station and 11 km from Chennai International Airport—combined with access to cultural institutions, reputed schools, hospitals, and upscale shopping, makes it a highly sought-after address for premium living.
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Assumes a ~1,100 sqft 2BHK at ₹34,863/sqft — adjust the sliders below.