Overview of Kelambakkam, Chennai
Kelambakkam is a rapidly developing locality on the southern stretch of OMR, approximately 32 km from Chennai city centre. Sitting at the key OMR–Vandalur-Kelambakkam Road junction, it serves as the gateway to the SIPCOT IT belt and Siruseri, while offering substantially lower entry prices. SRM University (SRM Institute of Science and Technology) is the major institutional anchor, with its large campus creating year-round student and faculty housing demand. The locality has seen explosive growth with large residential township projects catering to IT employees, students, and first-time buyers who cannot afford Sholinganallur or Perungudi pricing.
Property Prices in Kelambakkam 2026
| Type | Price Range | Size (sqft) | Rate/sqft |
|---|---|---|---|
| 2 BHK Apartment | ₹42L–₹60L | 900–1,150 | ₹4,500–₹5,800 |
| 3 BHK Apartment | ₹60L–₹78L | 1,200–1,500 | ₹4,800–₹6,000 |
| Plot (1,200 sqft) | ₹20L–₹42L | 1,200+ | ₹1,800–₹3,500 |
Key Highlights
- SRM University campus — 18,000+ students creating perennial rental demand
- OMR–Vandalur-Kelambakkam Road junction — key gateway to south Chennai suburbs
- 5 km from Siruseri SIPCOT IT Park — IT employee overflow demand
- Multiple RERA-registered township projects by Casagrand, TVS, and regional developers
- Affordable plot developments for self-construction investors
- OMR Phase 2 expressway will improve north-south connectivity significantly
Connectivity & Infrastructure
Kelambakkam is at the junction of OMR (SH-49) and the Vandalur–Kelambakkam Road (connecting GST Road belt to OMR). This junction connectivity means Kelambakkam residents can choose between GST Road (for airport, Tambaram) and OMR (for IT belt, ECR) as alternate commute routes. SRM University hospital also serves as a major healthcare facility for the locality.
Investment Outlook 2026
Kelambakkam has appreciated 18–22% over 24 months — one of the highest rates in Chennai's outskirt belt. The combination of SRM University (student/faculty rental) and SIPCOT spillover demand creates year-round occupancy. 2 BHK rents: ₹12,000–₹18,000/month, yielding 3.5–4.0%. Best entry-level investment on the OMR south belt.
