Overview of Perungudi, Chennai
Perungudi is the first major IT node on Old Mahabalipuram Road (OMR), anchored by Tidel Park — one of Tamil Nadu's largest IT parks. The area has evolved from a purely commercial zone into a mixed residential-commercial hub, with numerous apartment complexes catering to the large IT workforce that prefers walking distance to their offices. Perungudi benefits from MRTS rail connectivity, making it the most transit-accessible locality on the OMR corridor.
Property Prices in Perungudi 2026
| Type | Price Range | Size (sqft) | Rate/sqft |
|---|---|---|---|
| 2 BHK Apartment | ₹68L–₹90L | 950–1,250 | ₹7,000–₹8,500 |
| 3 BHK Apartment | ₹90L–₹1.15Cr | 1,300–1,600 | ₹7,500–₹8,800 |
| Studio Apartment | ₹38L–₹52L | 450–650 | ₹7,500–₹9,000 |
Key Highlights
- Tidel Park — 1.2 million sqft IT park housing Infosys, TCS, and 50+ IT companies
- MRTS Perungudi station — rail access to Beach, Velachery, Tambaram
- OMR flyover provides fast highway access north (Sholinganallur, south Chennai belt)
- Citi Centre Mall and OMR food courts — retail and dining within 3 km
- Schools: Hindustan International School, PSBB Learning Leadership (4 km)
- Hospitals: Kauvery (5 km), Gleneagles Global (6 km)
Connectivity & Infrastructure
MRTS Perungudi is the most direct rail access on OMR. The OMR flyover connects seamlessly to the Inner Ring Road and city centre (20 min). Velachery Metro (Green Line) is 4 km away. The proposed Corridor 5 Metro (Madhavaram–Sholinganallur) passing through OMR will be transformative for Perungudi property values when operational.
Investment Outlook 2026
Perungudi delivers strong rental yields: 3.5–4.0% on 2 BHK units from Tidel Park IT workers. Capital appreciation: 10–12% annually. MRTS + OMR dual connectivity minimises vacancy risk. Best for investors seeking reliable IT workforce rental income within the premium OMR belt.
