Tamil Nadu
Velmurugan Nagar, Madurai — Locality Overview
Velmurugan Nagar is a residential corridor in Madurai, Tamil Nadu. This overview covers indicative pricing, rental yields and the projects currently marketed in and around the locality.
Indicative asking rates around Velmurugan Nagar, Madurai are in the range of ₹4,900/sqft, with typical 2 BHK options near ₹34 L — treat these as directional estimates and verify current quotes with developers before shortlisting.
Gross rental yields around Velmurugan Nagar indicatively run near 4.1%, with 2 BHK rents in the region of ₹11,000/month. Yields compress in premium pockets and widen in emerging stretches.
Localities in Madurai
| Locality | Indicative rate (₹/sqft) | |
|---|---|---|
| Alagappan Nagar | 4,000 | View |
| Alagar Kovil | 4,900 | View |
| Alagar Kovil Road | 6,400 | View |
| Alagar Nagar | 3,800 | View |
| Anaiyur | 4,900 | View |
| Anna Nagar | 6,900 | View |
| Anuppanadi | 5,100 | View |
| Arumbanur | 4,500 | View |
| Athikulam | 6,600 | View |
| Avaniyapuram | 6,700 | View |
| Bama Nagar | 4,800 | View |
| B B Kulam | 6,300 | View |
| Bye Pass Road | 5,700 | View |
| Chinthamani | 5,300 | View |
| Chokkikulam | 4,100 | View |
| Dro Colony | 3,800 | View |
| Ellis Nagar | 4,900 | View |
| Gomathipuram | 5,100 | View |
| Gr Nagar | 4,200 | View |
| Harvey Nagar | 4,700 | View |
| Iyer Bungalow | 5,000 | View |
| Jaihindpuram | 4,200 | View |
| Kadachanendhal | 6,500 | View |
| Kamarajar Salai | 6,000 | View |
| Kappalur | 5,800 | View |
| Karumathur | 4,700 | View |
| Karuppayurani | 6,900 | View |
| Kk Nagar | 4,800 | View |
| Kochadai | 6,000 | View |
| Kodikulam | 6,400 | 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 Velmurugan Nagar?
Indicatively around ₹4,900/sqft; premium towers and newer stock quote above the corridor average.
What does a 2 BHK rent for in Velmurugan Nagar?
Indicatively near ₹11,000/month depending on furnishing, age and society amenities.
Is Velmurugan Nagar good for investment?
Indicative gross yields near 4.1% with appreciation tied to corridor infrastructure. Diligence upcoming supply before committing.
Explore more in Madurai
Market figures on this page (about ₹4,900/sqft locally) are indicative estimates, not quotes.