Buying a Home in Chennai: Complete Guide for Chennai Property Buyers
Chennai's real estate is anchored by the OMR IT corridor (Perungudi, Sholinganallur), established family neighbourhoods like Adyar, Anna Nagar and T Nagar, and fast-growing suburbs such as Tambaram and Porur. The city is known for stable prices and strong end-user demand.
Where to buy in Chennai
First-time buyers in Chennai usually shortlist these localities:
Also worth comparing: OMR, Tambaram, Chromepet, Perungudi, Sholinganallur.
Why Chennai right now
- OMR & GST Road IT/industrial corridors
- Stable, end-user driven market
- Metro + suburban rail connectivity
Budget planning
Decide your budget with a home-loan EMI in mind — most banks fund 75–90% of the value, so keep 10–25% for down payment plus 7–9% for stamp duty, registration and brokerage-free costs. Use the 24Bricks EMI calculator to see what a loan in Chennai costs per month.
Documents to check before you pay
- RERA registration of the project (for under-construction)
- Title deed, chain of ownership and encumbrance certificate
- Approved building plan and occupancy certificate
- Society NOC, maintenance dues and property-tax receipts
- Carpet area vs super built-up area in the agreement
Common mistakes in Chennai
- Booking on brochure promises without visiting at different times of day
- Ignoring commute time to work hubs and schools
- Skipping a lawyer review of the sale agreement
- Paying token money in cash without a receipt
Browse current properties for sale in Chennai on 24Bricks — verified listings, real photos and direct owner contact.