Property Rates in Medavakkam, Chennai

Name: Property Rates in Medavakkam, Chennai
Creator: AVnester
License: https://avnester.com/terms

Current property prices, average rates per sqft, rental yields, and market analysis for Medavakkam, Chennai.

Avg Price/sqft

₹11,148

Avg Rent (2BHK)

₹18,000

Livability Score

7/10

Safety Score

7/10

Rental Yield

~1.9%

Source: AVnester Market Intelligence · as of Oct 2026 (price) · rent: AVnester locality research (indicative) · See full price trends

The average property rate in Medavakkam, Chennai is approximately ₹11,148/sqft (AVnester Market Intelligence, as of Oct 2026; live monthly trends). A typical 2BHK apartment (900-1200 sqft) in Medavakkam costs between 100 lakhs and 134 lakhs. Average 2BHK rent is ₹18,000/month (indicative average from AVnester locality research). Medavakkam has a livability score of 7/10 and safety score of 7/10.

About Medavakkam Real Estate

Medavakkam is a high-growth southern residential suburb at the junction of the Velachery–Tambaram and Medavakkam–Sholinganallur corridors. The Chennai Metro Phase II Red Line under construction includes two planned Medavakkam stations on its route to Sholinganallur, positioning the suburb for a step-change in connectivity. Housing remains predominantly mid-market apartments and plotted homes.

Why Medavakkam?

Two planned Red Line metro stations (Phase II, under construction)
Junction of the Velachery–Tambaram and Sholinganallur corridors
Mid-market apartments and plotted development mix
Strong family-buyer demand in south Chennai
Direct road links to both OMR and GST corridors

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Frequently asked questions about Medavakkam property rates

What is the average property rate per sqft in Medavakkam, Chennai?: The average property rate in Medavakkam, Chennai is approximately Rs 11,148 per sqft (AVnester Market Intelligence, as of Oct 2026). Rates vary based on property type, floor, facing, and amenities. Use AVnester's price trends tool for monthly data.
What is the average rent for a 2BHK in Medavakkam, Chennai?: The average rent for a 2BHK apartment in Medavakkam, Chennai is approximately Rs 18,000 per month (indicative average from AVnester locality research). Rents vary based on furnishing, floor, and proximity to main roads.
Is property in Medavakkam a good investment?: Medavakkam has a livability score of 7/10 and safety score of 7/10. The locality offers good connectivity and amenities. Check AVnester's price trends for appreciation data to make an informed investment decision.
How much does a flat cost in Medavakkam, Chennai?: Flat prices in Medavakkam start from approximately Rs 11,148/sqft (AVnester Market Intelligence, as of Oct 2026). A typical 2BHK (900-1200 sqft) costs Rs 100-134 lakhs. Prices vary by floor, facing, builder, and amenities.
What is the price trend in Medavakkam in 2026?: Property prices in Medavakkam, Chennai are tracked monthly on AVnester. Visit the AVnester Price Trends page for the latest data including year-over-year changes and market direction.
How does Medavakkam compare with other Chennai localities?: Compare Medavakkam with nearby localities on AVnester's locality comparison tool. Compare safety scores, livability, price per sqft, and amenities side by side.
What is the rental yield in Medavakkam, Chennai?: Based on an average property price of Rs 11,148/sqft (AVnester Market Intelligence, as of Oct 2026) and average 2BHK rent of Rs 18,000/month (indicative average from AVnester locality research), the approximate gross rental yield in Medavakkam is 1.9%. Actual yields vary by property type, size, and floor.
What are the upcoming infrastructure projects near Medavakkam?: Check the AVnester locality guide for Medavakkam to see highlights, infrastructure developments, and connectivity improvements. Infrastructure projects directly impact property appreciation in Medavakkam, Chennai.

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About Medavakkam Real Estate

Frequently asked questions about Medavakkam property rates

What is the average property rate per sqft in Medavakkam, Chennai?

The average property rate in Medavakkam, Chennai is approximately Rs 11,148 per sqft (AVnester Market Intelligence, as of Oct 2026). Rates vary based on property type, floor, facing, and amenities. Use AVnester's price trends tool for monthly data.

What is the average rent for a 2BHK in Medavakkam, Chennai?

The average rent for a 2BHK apartment in Medavakkam, Chennai is approximately Rs 18,000 per month (indicative average from AVnester locality research). Rents vary based on furnishing, floor, and proximity to main roads.

Is property in Medavakkam a good investment?

Medavakkam has a livability score of 7/10 and safety score of 7/10. The locality offers good connectivity and amenities. Check AVnester's price trends for appreciation data to make an informed investment decision.

How much does a flat cost in Medavakkam, Chennai?

Flat prices in Medavakkam start from approximately Rs 11,148/sqft (AVnester Market Intelligence, as of Oct 2026). A typical 2BHK (900-1200 sqft) costs Rs 100-134 lakhs. Prices vary by floor, facing, builder, and amenities.

What is the price trend in Medavakkam in 2026?

Property prices in Medavakkam, Chennai are tracked monthly on AVnester. Visit the AVnester Price Trends page for the latest data including year-over-year changes and market direction.

How does Medavakkam compare with other Chennai localities?

Compare Medavakkam with nearby localities on AVnester's locality comparison tool. Compare safety scores, livability, price per sqft, and amenities side by side.

What is the rental yield in Medavakkam, Chennai?

Based on an average property price of Rs 11,148/sqft (AVnester Market Intelligence, as of Oct 2026) and average 2BHK rent of Rs 18,000/month (indicative average from AVnester locality research), the approximate gross rental yield in Medavakkam is 1.9%. Actual yields vary by property type, size, and floor.

What are the upcoming infrastructure projects near Medavakkam?

Check the AVnester locality guide for Medavakkam to see highlights, infrastructure developments, and connectivity improvements. Infrastructure projects directly impact property appreciation in Medavakkam, Chennai.