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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.

Ponniamman Nagar is a quiet residential neighborhood situated in the northern part of Chennai near Madhavaram and Kolathur. The pin code of Ponniamman Nagar is 600099. This peaceful area mostly houses salaried middle-class families and is close to the scenic Retteri Lake. Residents frequently send children to Everwin Vidhyalaya and visit KVT Specialty Hospital for urgent medical needs. The upcoming Madhavaram Milk Colony Metro Station on the Purple Line is just 2 km away. Grand Northern Trunk Road links this area to Perambur Railway Station within a 15 minute drive. Property rates average Rs. 5,200 to Rs. 6,800 per sq ft for low-rise apartments, driven by upcoming metro access.
| Locality | Property Price per sq ft* |
|---|---|
| Ponniamman Nagar chennai | Rs. 5,000 to Rs. 6,800 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 8,000 to Rs. 10,000 |
| 2 BHK for rent | Rs. 11,000 to Rs. 13,000 |
| 3 BHK for rent | Rs. 14,000 to Rs. 16,000 |
Property values in Ponniamman Nagar have shown steady growth due to upcoming metro developments. The average buyer price range in this locality stands between Rs. 5,000 and Rs. 6,800 per sq ft. Over the past year, property prices appreciated by 5.5%, reflecting healthy interest from middle-class buyers. Conversely, the rental market experienced a slight correction, with average monthly rents ranging from Rs. 8,000 to Rs. 15,000. This represents a rental depreciation of approximately 9.1% over the same period. The area remains highly attractive for long-term investors looking for capital gains. (* As of August 22, 2026)
Sri Karumari Amman Temple is a prominent landmark in Ponniamman Nagar. Some more include:
Ponniamman Nagar is well-connected through Grand Northern Trunk Road and the following roads:
Madhavaram Milk Colony Metro Station on the Purple Line is the closest public transit option, located 2 km away. Some more include:
The nearest railway station and airport are Perambur Railway Station, which is located 4 km away, and others:
Ponniamman Nagar is well-equipped with numerous top educational institutions, such as Everwin Vidhyalaya and Greenfield Chennai International School, along with:
Some reputed healthcare places near Ponniamman Nagar include KVT Specialty Hospital, and others:
You can access Reliance Mall and Spectrum Mall easily from Ponniamman Nagar chennai. Some more include:
These localities are located around Ponniamman Nagar:
Here are some of the major employment centres near Ponniamman Nagar:
The popular landmarks within Ponniamman Nagar are:


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Damini Vastunirman 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.
