Chennai Metro Phase 2 is redrawing the rental map of the city. Localities along the under-construction corridors — Porur, Madhavaram, Poonamallee and the OMR stretch — are already seeing heightened interest from tenants who want to lock in rents before the lines open.
Property consultants note that homes within a kilometre of a future station typically see rents rise 15 to 20 percent in the two years around commissioning.
For tenants, signing a longer lease now in these pockets could prove smart. For owners, the message is simple: hold, and highlight metro proximity in your listing.