During the last four years land prices in Chennai and its outskirts has almost tripled due to the economic boom, but now due to the US recession, the prices are stagnant and the market is also not hot as in the previous years, now this is the time for bargaining, one can get the best rates from some land developers, Sriperumpudur, Guduvancherry, Sholingur, are some of the outskirts where you can find affordable land with prices attractive for those who want to invest their money on a long term.

The current approximate rates in selected places in the outskirts of Chennai:

Marimalai Nagar : 9-10 lakh Rs :1800sqft

Medavaakam : 18-22 lakhs : for 2500 sqft

Sriperumbadur : 4-5 lakhs : 1500 Sq. Feet

OMR Road Thiruporur :10 lakhs : 2100 Sq Ft.

Poonamallee:6 Lakhs:1000 Sqft

ACHIRUPPAKAM :1.5-2.5 lakhs : 1200 sqft