Padur, OMR property market update — November 2026

Padur, OMR property market update — November 2026

Padur, OMR (old Mahabalipuram Road) in Chennai has a few moves to note this month. Ready homes are listed at a lower rate per square foot than the newer under-construction options, fresh launches are coming up along the stretch, and the metro line still does not pass through Padur. Here is what the latest listings and project data show, as of late October and early November 2026.

Ready homes and their price per square foot

A listing dated 28 October 2026 shows an Urbanrise ready-to-move project in Padur at ₹7,200 per sq ft. Homes there are priced between ₹60 lakh and ₹76 lakh. For a buyer who wants to move in soon, this is the most useful reference point in the area right now.

New launches nearby

An Urbanrise project in Padur had a price update dated 19 October 2026, with 1, 2 and 3 BHK homes priced from ₹20 lakh to ₹48.8 lakh. That range makes it one of the more accessible entry points on this side of OMR.

A TVS Emerald project in Padur, still under construction, was listed as of 28 October 2026 at ₹8,500 per sq ft. Its 2 and 3 BHK units run from ₹90.41 lakh to ₹2.3 crore, with possession slated for December 2029. So the under-construction option costs more per square foot than the ready Urbanrise stock, and the buyer also has to wait until late 2029 for keys.

Metro and road links

The Chennai Metro Purple Line, Corridor 3, is the line most people on OMR are watching. Padur lies south of the planned SIPCOT terminus of that corridor, which puts it outside the metro line as currently planned. The elevated OMR stretch still carries a December 2027 date in public references, but buyers should treat that as a target, not a confirmed opening. If your daily commute depends on the metro, Padur is not the right pick until the route is firmly settled.

RERA and documents

The Urbanrise ready-to-move project in Padur carries RERA registration TN/01/BUILDING/0015/2019. Check that number on the Tamil Nadu RERA site before paying any booking amount, and match the project details against the sale agreement.

What this means for buyers

This month's picture is a split one. If you want a home you can occupy soon, the ready Urbanrise stock is the easier fit on price per square foot. If you can wait for possession and want a newer building, the TVS Emerald project gives you that, but you pay a higher rate and wait until December 2029. End-users should compare both before deciding. Investors looking for rental returns should gather fresh rent data before committing money, since the market picture changes quickly on OMR.