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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.

Madipakkam is a residential suburb in southern Chennai bordering Velachery, Nanganallur, and Pallikaranai. The pin code of Madipakkam is 600091. It is a quiet residential area home to IT professionals and retired government employees near Madipakkam Lake. Families here send children to Sunshine Chennai Senior Secondary School and visit Dr. Kennedy's Saraswathy Multispeciality Hospital for healthcare. St. Thomas Mount Metro Station on the Green Line is located 5 km away. Key roads like Velachery Main Road link the area to Velachery Railway Station in 10 minutes. Property rates in 2026 average Rs. 6,200 to Rs. 7,800 per sq ft, driven by nearby IT corridors.
| Locality | Property Price per sq ft* |
|---|---|
| Madipakkam chennai | Rs. 6,000 to Rs. 8,000 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 11,000 to Rs. 14,000 |
| 2 BHK for rent | Rs. 15,000 to Rs. 19,000 |
| 3 BHK for rent | Rs. 20,000 to Rs. 25,000 |
Madipakkam has emerged as a preferred residential hub in south Chennai due to its closeness to major employment zones. Property buyers can expect purchase prices to range from Rs. 6,000 to Rs. 8,000 per sq ft, reflecting a steady capital appreciation of 8.5% over the past year. The rental market is equally strong, with monthly rents ranging between Rs. 12,000 and Rs. 24,000 depending on the apartment size. This rental segment experienced a significant growth of 13.3% in 2026. The upcoming metro corridor continues to drive housing demand and steady value appreciation across the locality. (* As of August 22, 2026)
Madipakkam Lake is a prominent landmark in Madipakkam. Some more include:
Madipakkam is well-connected through Velachery Main Road and the following roads:
St. Thomas Mount Metro Station on the Green Line is the closest public transit option, located 5 km away. Some more include:
The nearest railway station and airport are Velachery Railway Station, which is located 3 km away, and others:
Madipakkam is well-equipped with numerous top educational institutions, such as Sunshine Chennai Senior Secondary School and Narayana Olympiad (CBSE) School - Madipakkam, along with:
Some reputed healthcare places near Madipakkam include Dr. Kennedy's Saraswathy Multispeciality Hospital in Chennai, and others:
You can access GreatA ARK and VASANTH & CO easily from Madipakkam chennai. Some more include:
These localities are located around Madipakkam:
Here are some of the major employment centres near Madipakkam:
The popular landmarks within Madipakkam are:


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The Hirani Group 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.
