New Launch Apartments in Chennai 2025
Explore latest new launch apartments in Chennai 2025. Pre-launch prices, flexible payment plans, RERA registered. Book at introductory rates on Propspedia. Zero brokerage.
5 Verified New Launch Apartments in Chennai
New Launch Apartments in Chennai — 2026 Market Overview
Propspedia lists 5 new launch apartments in Chennai currently open for booking in 2026, priced ₹16L–₹3.6 Cr. New launches are concentrated in Kuthambakkam, Sholinganallur, Sriperumbudur, Sunguvarchatram, Velachery — where land availability and infrastructure upgrades are driving a fresh wave of premium gated-community launches. The financial case: entry at pre-launch prices (typically 15–20% below ready-possession equivalents), choice of preferred floor and unit type, and construction-linked payment plans that spread capital outlay over 2–4 years. The risk-mitigation protocol: buy only TNRERA-registered projects. TNRERA registration requires builders to maintain a 70% escrow account on all collections, provide quarterly construction updates with photo documentation, and pay 10.5% annual interest for possession delays — structural protections that make RERA registration non-negotiable on every Propspedia listing.
FAQs — New Launch Apartments in Chennai 2025
What is the price of new launch apartments in Chennai in 2026?
New launch apartments in Chennai are currently priced from ₹16L to ₹3.6 Cr — averaging ₹6,462 per sqft across 5 active listings on Propspedia. Most active new-launch zones: Kuthambakkam, Sholinganallur, Sriperumbudur, Sunguvarchatram. Pre-launch pricing typically saves 15–20% versus an equivalent ready property in the same location.
Which areas in Chennai have the most new apartment launches in 2026?
Highest concentration of new launches in Chennai: Kuthambakkam, Sholinganallur, Sriperumbudur, Sunguvarchatram. OMR, GST Road, and Poonamallee High Road attracts the most premium launches from top-tier builders. Perumbakkam, Tambaram, and Poonamallee zones are seeing a parallel wave of affordable new launches targeting first-time buyers.
Is it safe to buy a new launch in Chennai in 2026?
Yes — if it is TNRERA-registered. TNRERA requires builders to: (1) deposit 70% of collections in a dedicated escrow account; (2) provide quarterly construction photo updates; (3) pay 10.5% annual interest for delays beyond the committed date. Propspedia lists only TNRERA-registered new launches with the registration number verified at tnrera.in.
What payment plans are available for new launches in Chennai?
Common plans in Chennai: Construction-Linked Plan (CLP) — safest, payments tied to physical milestones; Down Payment Plan — 90% upfront, 5–8% discount; Possession-Linked Plan — 10% now, balance on handover. CLP is TNRERA-recommended and most common in post-2022 launches. Avoid plans that front-load payments without matching construction milestones.
Is GST applicable on new launch apartments in Chennai?
Yes — 5% GST (1% for affordable housing under ₹45L and 60 sqm carpet) applies to all under-construction new launches. GST is nil once the builder receives the Occupancy Certificate. Always clarify with the builder whether the quoted price is GST-inclusive or exclusive — and get this in writing in the booking receipt.