Nungambakkam / MRC Nagar (trophy, ~₹168/sqft/mo · ≈ $24.2 PSF/yr USD) is one of 5 Chennai Class A submarkets we track.

  • Nungambakkam / MRC Nagar sits at trophy tier.
  • Average rent ₹168/sqft/mo · ≈ $24.2 PSF/yr USD vs city average 170.
  • Compared submarkets: OMR Corridor (trophy), Guindy (trophy), Mount-Poonamallee Road (prime).

Nungambakkam / MRC Nagar vs other Chennai submarkets

Nungambakkam / MRC Nagar (trophy, ~₹168/sqft/mo · ≈ $24.2 PSF/yr USD) is one of 5 Chennai Class A submarkets we track.

TL;DR

  • Nungambakkam / MRC Nagar sits at trophy tier.
  • Average rent ₹168/sqft/mo · ≈ $24.2 PSF/yr USD vs city average 170.
  • Compared submarkets: OMR Corridor (trophy), Guindy (trophy), Mount-Poonamallee Road (prime).

Side-by-side with peers

**OMR Corridor** (trophy, ₹192/sqft/mo · ≈ $27.6 PSF/yr USD) — India's deepest IT cluster outside Bangalore. **Guindy** (trophy, ₹180/sqft/mo · ≈ $25.9 PSF/yr USD) — Inner-southern Class A and IT corridor. **Mount-Poonamallee Road** (prime, ₹168/sqft/mo · ≈ $24.2 PSF/yr USD) — Western IT and BPO corridor. **Sriperumbudur / Oragadam** (prime, ₹144/sqft/mo · ≈ $20.7 PSF/yr USD) — Automotive manufacturing corridor.

Key facts

cityChennai
submarketNungambakkam / MRC Nagar
tiertrophy
averageRentLocal₹168/sqft/mo · ≈ $24.2 PSF/yr USD
cityClassARentUsd$24/sqft/yr
cityVacancyPct12.4%

Frequently asked questions

What other submarkets compete with Nungambakkam / MRC Nagar in Chennai?
OMR Corridor, Guindy, Mount-Poonamallee Road

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Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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