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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.

Karanai is a rapidly developing residential locality in south Chennai bordered by Thalambur, Sithalapakkam, and Navalur. The pin code of Karanai is 600130. This peaceful suburban neighbourhood mostly houses IT professionals working nearby and features the scenic Karanai Lake. Residents send their children to HLC International School and visit Gleneagles Global Health City for medical needs. Sholinganallur Metro Station on the upcoming Purple Line is the nearest transit point situated 9 km away. Key routes like Thalambur Main Road link the area to Tambaram Railway Station in 40 minutes. Property rates in 2026 range from Rs. 4,500 to Rs. 6,500 per sq ft. Independent villas and apartments dominate the market due to IT corridor expansion.
| Locality | Property Price per sq ft* |
|---|---|
| Karanai chennai | Rs. 4,500 to Rs. 6,500 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 8,000 to Rs. 11,000 |
| 2 BHK for rent | Rs. 12,000 to Rs. 16,000 |
| 3 BHK for rent | Rs. 17,000 to Rs. 22,000 |
Karanai has emerged as a preferred residential destination for professionals seeking affordable housing near the OMR IT corridor. The locality has experienced a steady property price appreciation of 20.6% over the past year. Buyer prices range from Rs. 4,500 to Rs. 6,500 per sq ft, attracting long-term investors. The rental market registered an 11.1% growth due to rising demand from corporate employees. Monthly rents range between Rs. 8,000 and Rs. 22,000 depending on the apartment size. This upward trend reflects the growing demand for quality housing in this peaceful suburban pocket. (* As of August 22, 2026)
Karanai Lake is a prominent landmark in Karanai. Some more include:
Karanai is well-connected through Thalambur Main Road and the following roads:
Sholinganallur Metro Station on the Purple Line is the closest public transit option, located 9 km away. Some more include:
The nearest railway station and airport are Tambaram Railway Station, which is located 15 km away, and others:
Karanai is well-equipped with numerous top educational institutions, such as HLC International School and Amethyst International School, along with:
Some reputed healthcare places near Karanai include Gleneagles Global Health City, and others:
You can access Vivira Mall and The Marina Mall easily from Karanai chennai. Some more include:
These localities are located around Karanai:
Here are some of the major employment centres near Karanai:
The popular landmarks within Karanai are:


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Casagrand 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.
