flats for sale in madambakkam

Madambakkam in Numbers: What Property Trends Over the Last 10 Years Reveal About Its Growth

Madambakkam is an ideal choice for many homebuyers, as it provides city convenience with suburban calmness. You can see its tremendous growth over the last 10 years to cope with the spillover from the growing IT hubs in Chennai.

The growing population created a demand for affordable homes, which led to steady infrastructure developments. But what do the numbers say about this evolution?

Let’s check Madambakkam’s track record to truly understand its growth. It will help you gauge property price trends, new housing projects, population growth, infrastructure improvements, and buyer behaviour.

Whether you are a homebuyer, investor, or just a real estate enthusiast, this is your datasheet for one of Chennai’s most promising localities.

Property Price Trends: From Modest to Momentum

The property prices in Madambakkam grew from ₹3,200 per sq ft in 2014 to approximately ₹7,543 per sq ft in 2025, according to Housing.com. This shows:

• Approximate growth: 135% in 10 years
• Annual appreciation: Around 9–10%, depending on micro-location and builder reputation
• Key price drivers: Demand from IT professionals, affordable housing compared to OMR and Velachery, and better road connectivity

The highest price surge happened between 2020 and 2023, with increasing real estate demand post-COVID. The reason was that homebuyers wanted to live in less crowded and greener areas like Madambakkam.

New Projects: A Construction Boom in Slow Motion

Over the decade, Madambakkam experienced a constant rise in its real estate sector. However, you can see a maximum number of project launches after 2019.

New Projects by Year (Estimates):

• 2015–2017: ~2–4 new projects per year
• 2018–2020: ~6–8 new projects in a year
• 2021–2024: ~10–12 projects launched each year

There are now 70+ registered housing projects for you to choose from, gated communities, plots, and mid-sized apartment buildings. You can buy a property in prime projects such as Lancor Lumina, KPN Brindavan, and Shriram OneCity .

But why a sudden uptick? Primarily because builders sensed the rising demand from mid-income families and IT employees. Also, places like Tambaram or Medavakkam were expensive neighbourhoods.

Population Inflow: A Suburb that’s No Longer Sleepy

The population of Madambakkam rose from 31,681 in 2011 to over 45000 in 2025, showing an approximate 42% increase over a decade. The responsible factors are:

• In-migration of working professionals from the IT hubs (OMR, ECR, GST Road).
• Increased mobility of existing residents upgrading from independent houses to gated communities.
• Better schools and civic facilities attract families from nearby congested areas like Selaiyur and Chromepet.

Mostly, younger and working professionals are moving to this locality, making it Chennai's most dynamic demographic zone.

Infrastructure Upgrades: From Patchy to Planned

The ultimate success of Madambakkam’s thriving locality is the quality of life and affordable housing choices.

Major Developments:

• Road widening and resurfacing of key internal roads like Madambakkam Main Road.
• Improved connectivity to Medavakkam and Tambaram through bus routes and autos.
• The proposed Metro Phase II corridor is likely to connect nearby neighbourhoods such as Tambaram and Medavakkam by 2028.
• Drainage and water pipeline upgrades are part of Chennai Corporation’s suburban inclusion efforts.

These upgrades have improved commute times and enhanced real estate value, even in the secondary (resale) market.

Buyer Profile: Who's Buying in Madambakkam?

Madambakkam was primarily a plot-buyer’s market but is now a full-fledged family housing market. Today, it attracts:

• IT professionals working in OMR or Sholinganallur.
• Middle-income families looking for 2bhk/3bhk homes under ₹70 lakhs.
• Senior citizens who prefer quieter, low-traffic zones.
• Investors are hoping to benefit from rental yields or resale appreciation.

The NRI buyers are also exploring Madambakkam for its long-term investment potential in real estate. This is because of new projects with good amenities from reputed builders.

Resale vs. New Supply: A Healthy Balance

Madambakkam has an almost equal mix of both new and resale properties. This balance proves to be beneficial for all types of buyers.

• Ready-to-move-in properties: ~88 projects
• New launches/under construction: ~70+ ongoing projects
• Resale flats and plots: Hundreds of listings, often at 5–10% lower than new projects

You can get immediate occupancy with ready properties or wait for under-construction units at better prices.

Moreover, many homeowners with flats bought here between 2014–2018 are now putting them up for resale at decent appreciation rates.

Rental Trends: Steady Income Potential

Rentals in Madambakkam have gradually gone up in tandem with purchase prices.

• 2bhk apartments (900–1100 sq.ft): ₹11,000–₹15,000/month
• 3bhk units (1200–1400 sq.ft): ₹16,000–₹20,000/month
• Independent houses: ₹18,000–₹25,000 depending on size and amenities

Annual rental yield is estimated at 3–4%, which is considerably good for a mid-market suburb. This rental stability makes Madambakkam attractive to real estate investors who are looking to generate passive income.

Education and Social Infrastructure

A suburb grows due to the presence of good social infrastructure, such as schools and hospitals. Madambakkam delivers in this aspect as well.

Schools Nearby:

• Christ King Matriculation School
• Alwin International Public School
• St. John’s Matriculation School

• Boaz Public School

Hospitals Nearby:

• Annai Arul Hospital (Chromepet)
• Sree Renga Hospital
• Sugam Hospital, Selaiyur

You do not have to travel far or to the city for basic social amenities. Madambakkam has every aspect for its residents, providing a self-sustaining lifestyle.

Future Outlook: What's Next for Madambakkam?

The next 5 years look very promising with even more transformation.

• Metro connectivity will drastically improve accessibility.
• More branded developers are entering the market, raising quality standards.
• A Retail development boom is expected as supermarkets, branded restaurants, and co-working hubs are already eyeing space.
• Plot appreciation in peripheral Madambakkam areas is likely to rise due to land scarcity in central Chennai.

Madambakkam may become the next Tambaram in terms of self-sufficiency and growth.

Conclusion: A Suburb That Quietly Surged Ahead

Madambakkam’s last decade proves that growth is not always quick. Sometimes, it is steady and builds gradually after understanding people’s demands. Today, what you get is a locality that offers:

• A strong track record of property appreciation
• Equal availability of new and resale homes
• Steady population growth and rising demand
• Rental income potential
• Better connectivity

Whether you are a resident or an investor, Madambakkam continues to be a sensible, future-ready choice.