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.

Padur is a rapidly developing residential suburb located along the Old Mahabalipuram Road in southern Chennai, bordering Kelambakkam and Siruseri. The pin code of Padur is 603103. This area has a quiet residential character popular among IT professionals working nearby, featuring the Padur Lake. Families here send children to Gateway International School and access medical care at Supreme Speciality Hospitals. The upcoming Siruseri SIPCOT Metro Station on the Purple Line is just 2 km away. Rajiv Gandhi Salai links the area to Tambaram Railway Station, which is a 45-minute drive. The 2026 average property rate ranges from Rs. 5,200 to Rs. 6,800 per sq ft, dominated by multi-story apartments driven by tech corridor employment.
As of August 22, 2026, the property rate in Padur ranges between Rs. 5,200 to Rs. 6,800 per square foot for apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Padur chennai | Rs. 5,200 to Rs. 6,800 |
*The property rate is subject to change.
As of August 22, 2026, the rental cost in Padur is between Rs. 12,000 and Rs. 28,000 monthly for 1 to 3 BHK apartments.
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 12,000 to Rs. 15,000 |
| 2 BHK for rent | Rs. 16,000 to Rs. 22,000 |
| 3 BHK for rent | Rs. 23,000 to Rs. 28,000 |
*The rental rate is subject to change.
Padur has emerged as a preferred residential destination along the IT corridor, showing steady capital appreciation. The average buying price for apartments ranges from Rs. 5,200 to Rs. 6,800 per sq ft, reflecting an annual growth of 8.3% in 2026. The rental market is equally active, with monthly rents ranging between Rs. 15,000 and Rs. 28,000 depending on the apartment size. This rental demand has grown by 7.7% over the past year, driven by professionals working in nearby tech parks. Investors benefit from consistent yields and long-term value appreciation in this micro-market. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Hindustan Institute of Technology & Science is a prominent landmark in Padur. Some more include:
Padur is well-connected through Rajiv Gandhi Salai and the following roads:
Siruseri SIPCOT 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 Tambaram Railway Station, which is located 22 km away, and others:
Padur is well-equipped with numerous top educational institutions, such as Gateway International School and Hindustan International School, along with:
Some reputed healthcare places near Padur include Supreme Speciality Hospitals, and others:
You can access Zudio - Padur and Max easily from Padur chennai. Some more include:
These localities are located around Padur:
Here are some of the major employment centres near Padur:
The popular landmarks within Padur are:


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