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Neelankarai is a premium coastal residential locality in southern Chennai. It is bordered by Palavakkam and Injambakkam. The pin code of Neelankarai is 600115. This peaceful seaside neighbourhood attracts high-net-worth individuals. It features landmarks like Neelankarai Beach and Casuarina Drive. Residents send children to Gateway International School and visit Sugan Hospital. Thiruvanmiyur MRTS Station on the Beach-Velachery line is 5 km away. East Coast Road keeps travel time to Thiruvanmiyur station under 15 minutes. In 2026, average property rates range from Rs. 9,000 to Rs. 14,000 per sq ft. Independent villas dominate the market. This demand is driven by coastal views and closeness to Rajiv Gandhi Salai IT corridor.
As of August 22, 2026, the property rate in Neelankarai ranges between Rs. 9,000 to Rs. 14,000 per square foot for apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Neelankarai chennai | Rs. 9,000 to Rs. 14,000 |
As of August 22, 2026, the rental cost in Neelankarai is between Rs. 10,000 and Rs. 40,000 monthly for 1 to 3 BHK apartments.
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 10,000 to Rs. 15,000 |
| 2 BHK for rent | Rs. 18,000 to Rs. 25,000 |
| 3 BHK for rent | Rs. 30,000 to Rs. 40,000 |
Neelankarai property market shows distinct trends for buyers and tenants. The average buying price ranges from Rs. 9,000 to Rs. 14,000 per sq ft. The locality experienced a minor depreciation of -4.5% in property values over the past year. Conversely, the rental market remains strong due to high demand from IT professionals. Monthly rental prices range from Rs. 12,000 to Rs. 35,000 depending on the configuration. Rental values saw a significant appreciation of 15.4% during the same period. This makes the area highly attractive for rental yield seekers. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Sugan Hospital is a prominent landmark in Neelankarai. Some more include:
Neelankarai is well-connected through East Coast Road and the following roads:
Thiruvanmiyur MRTS Station on the Chennai Beach-Velachery Line is the closest public transit option, located 5 km away. Some more include:
The nearest railway station and airport are Thiruvanmiyur MRTS Station, which is located 5 km away, and others:
Neelankarai is well-equipped with numerous top educational institutions, such as Gateway International School and aLphabet international school, along with:
Some reputed healthcare places near Neelankarai include Sugan Hospital, and others:
You can access Max and Grand Square Mall easily from Neelankarai chennai. Some more include:
These localities are located around Neelankarai:
Here are some of the major employment centres near Neelankarai:
The popular landmarks within Neelankarai are:


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