Archive · 31 Dec 2025
South, West Chennai to Lead Housing Growth in 2026
A group called CREDAI Chennai made a study about where more houses will be built in Chennai by 2026.
They say the south and west parts of the city will grow the most because of better roads, new metro lines, and being close to where people work.
They also think more people will buy houses there because of some government policies that make it cheaper.
The study says that even though the economy is a bit uncertain, house prices in Chennai are staying pretty stable.
They expect to sell about 15,000 houses in 2025-26, which is more than last year.
South and West Chennai are expected to lead residential growth in 2026 due to improved infrastructure and proximity to employment centres.
Key infrastructure projects like the Chennai Metro Rail Corridor 4 and Kuthambakkam bus terminus are driving residential interest in the western suburbs.
Housing sales in FY 2025-26 are projected to exceed 15,000 units, an 18% increase from 12,942 units sold in 2024.
Factors such as RBI repo rate cuts, GST rationalisation, and supportive policies are expected to enhance affordability and buyer sentiment.
Chennai's residential real estate market has shown stability with only marginal price adjustments despite broader economic uncertainties.
- Who
- Confederation of Real Estate Developers’ Associations of India (CREDAI) Chennai
- What
- Study on residential growth in Chennai
- When
- Report released on December 30, 2024, with projections for 2026
- Where
- South and West Chennai, particularly along OMR, GST Road, Porur-Poonamallee Road, and western suburbs
- Why
- Improved road infrastructure, metro rail expansion, proximity to employment centres, and supportive policies
- Primary Growth Areas
- South and West Chennai
- Key Infrastructure Projects
- Chennai Metro Rail Corridor 4, Kuthambakkam bus terminus
- Expected Housing Sales (2025-26)
- 15,000 units
- Growth Rate
- 18% increase over 2024
- 2024 Housing Sales
- 12,942 units
- Key Factors
- RBI repo rate cuts, GST rationalisation, supportive policies
- Market Stability
- Marginal price adjustments despite economic uncertainties
