Tamil Nadu
Panangadu, Salem — Locality Overview
Panangadu is a residential corridor in Salem, Tamil Nadu. This overview covers indicative pricing, rental yields and the projects currently marketed in and around the locality.
Indicative asking rates around Panangadu, Salem are in the range of ₹4,400/sqft, with typical 2 BHK options near ₹31 L — treat these as directional estimates and verify current quotes with developers before shortlisting.
Gross rental yields around Panangadu indicatively run near 3.5%, with 2 BHK rents in the region of ₹15,500/month. Yields compress in premium pockets and widen in emerging stretches.
Localities in Salem
| Locality | Indicative rate (₹/sqft) | |
|---|---|---|
| Adikkanur | 6,600 | View |
| Alagapuram | 5,900 | View |
| Allikuttai | 6,900 | View |
| Ammapet | 6,300 | View |
| Anna Nagar | 6,600 | View |
| Ariyanoor | 6,800 | View |
| Athanur | 6,000 | View |
| Attur | 5,700 | View |
| Ayyanthirumaligai | 4,800 | View |
| Chettichavadi | 5,200 | View |
| Chinnakollapatti | 6,200 | View |
| Chinna Seeragapadi | 7,000 | View |
| Chinna Thirupathi | 6,400 | View |
| Dadagapatti | 4,900 | View |
| Dalavaipatti | 4,700 | View |
| Dasanaikenpatty | 6,000 | View |
| Edaganasalai | 6,200 | View |
| Edappadi | 5,900 | View |
| Elampillai | 4,600 | View |
| Ethapur | 6,500 | View |
| Fairlands | 4,400 | View |
| Gandhi Nagar | 4,000 | View |
| Gorimedu | 6,000 | View |
| Hasthampatti | 4,800 | View |
| Ilampillai | 5,300 | View |
| Kadayampatti | 6,100 | View |
| Kakapalayam | 5,400 | View |
| Kandhampatty | 5,600 | View |
| Kanjamalai Rf | 6,700 | View |
| Kannankurichi | 5,100 | View |
Rates are indicative estimates for orientation only — verify current quotes with developers and recent transactions.
Frequently asked questions
What is the average property rate in Panangadu?
Indicatively around ₹4,400/sqft; premium towers and newer stock quote above the corridor average.
What does a 2 BHK rent for in Panangadu?
Indicatively near ₹15,500/month depending on furnishing, age and society amenities.
Is Panangadu good for investment?
Indicative gross yields near 3.5% with appreciation tied to corridor infrastructure. Diligence upcoming supply before committing.
Explore more in Salem
Market figures on this page (about ₹4,400/sqft locally) are indicative estimates, not quotes.