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The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Vengambakkam is a rapidly developing residential suburb in south Chennai, bordered by Sithalapakkam, Madambakkam, and Kandigai. The pin code of Vengambakkam is 600127. This peaceful area attracts IT professionals and families due to its quiet environment near the scenic Vengambakkam Lake. Families send children to the local FIITJEE Global School and access medical care at Bethesda Hospital in nearby Selaiyur. The upcoming Perumbakkam Metro Station on Line 5 is located 7 km away. Vengambakkam Main Road links residents directly to Tambaram Railway Station in 20 minutes. Property rates average Rs. 4,800 to Rs. 6,200 per sq ft, dominated by independent houses and plots driven by affordable land prices and green surroundings.
| Locality | Property Price per sq ft* |
|---|---|
| Vengambakkam chennai | Rs. 4,500 to Rs. 6,500 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 9,000 to Rs. 11,000 |
| 2 BHK for rent | Rs. 12,000 to Rs. 14,000 |
| 3 BHK for rent | Rs. 15,000 to Rs. 18,000 |
Vengambakkam has emerged as a steady residential market in south Chennai, showing consistent capital appreciation. The average buyer price range for apartments spans from Rs. 4,500 to Rs. 6,500 per sq ft, reflecting a steady 4.4% year-on-year growth. Meanwhile, the rental market has experienced a significant surge of 25% over the past year. Monthly rental rates for typical apartments now range between Rs. 10,000 and Rs. 18,000. This upward trend in both sectors is driven by the expansion of nearby IT corridors and upcoming transit projects, making it highly attractive for long-term investors. (* As of August 22, 2026)
Vengambakkam Lake is a prominent landmark in Vengambakkam. Some more include:
Vengambakkam is well-connected through Vengambakkam Main Road and the following roads:
Perumbakkam Metro Station on the Line 5 is the closest public transit option, located 7 km away. Some more include:
The nearest railway station and airport are Tambaram Railway Station, which is located 8 km away, and others:
Vengambakkam is well-equipped with numerous top educational institutions, such as FIITJEE Global School and Alpha Tots Preschool, along with:
Some reputed healthcare places near Vengambakkam include Bethesda Hospital, and others:
You can access Grand Square and Vivira Mall easily from Vengambakkam chennai. Some more include:
These localities are located around Vengambakkam:
Here are some of the major employment centres near Vengambakkam:
The popular landmarks within Vengambakkam are:


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AKB Developers and Promoters has been been one of the most premium real estate developer in India since its inception. It has firmly established itself as one of the leading and successful developers of real estate in India by imprinting its mark across all the classes. With years of market experience and a rich bag of clients, it has provided its customers a rich living experience with the best housing infrastructure.
