As per a study by the portal (99acres), property prices in both Ambattur and Anna Nagar witnessed a 16% increase in Q1-12 over Q1-11. Mogappair saw a 22% appreciation during the same period with per sq ft rates being around Rs 3,500 in Q1 2012 . T Nagar, Urapakkam and Medavakkam saw prices appreciate within the range of 15% and 23% in Q1-12 over Q1-11. During the same period, Madipakkam and Pallikaranai saw prices move up by 6% and 3% respectively. Thoraipakkam, on the other hand, saw prices dip by  2% during the same period.

http://content.(m a g i c b r i c k s).com/chennai-records-one-of-the-biggest-jumps-in-residential-prices
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