RERA Approved Projects in Chennai: A Complete Guide to Ongoing Residential Projects in 2026
The Chennai real estate market has witnessed remarkable growth over the past few years, driven by expanding IT corridors, metro connectivity, industrial development, and increasing demand for quality housing. Whether you're a first-time homebuyer or an investor, one factor should always top your checklist—RERA approval.
With hundreds of new residential developments across OMR, ECR, Porur, Medavakkam, Velachery, Tambaram, and North Chennai, choosing a RERA-approved ongoing residential project in Chennai can significantly reduce investment risks while ensuring legal transparency.
In this guide, we'll explore why RERA matters, the benefits of buying an ongoing residential project, the best locations to invest, and how to verify a project's authenticity before making your purchase.
What is a RERA-Approved Project?
The Real Estate (Regulation and Development) Act, 2016 (RERA) was introduced to bring transparency and accountability to India's real estate sector. In Tamil Nadu, residential projects are regulated by the Tamil Nadu Real Estate Regulatory Authority (TNRERA).
A RERA-approved project means the developer has registered the project with TNRERA and complies with regulations regarding:
Approved building plans
Construction timelines
Financial transparency
Quarterly construction updates
Legal documentation
Buyer grievance redressal
These regulations provide greater confidence for homebuyers while reducing the chances of project delays and misleading advertisements.
Why Should You Buy a RERA-Approved Project in Chennai?
1. Legal Protection
A registered project follows government-approved plans and disclosures, minimizing legal complications.
2. Timely Delivery
Developers must declare possession timelines. Significant delays can attract penalties under RERA regulations.
3. Complete Transparency
Buyers can access project details including approvals, layouts, construction status, and completion schedules.
4. Financial Security
A substantial portion of buyer payments must be maintained in a dedicated account and utilized only for construction purposes.
5. Better Builder Accountability
Developers are legally accountable for construction quality, timelines, and project commitments.
Why Ongoing Residential Projects are Gaining Popularity
Many buyers now prefer under-construction or ongoing residential projects over ready-to-move homes because they offer several advantages.
Better Pricing
Ongoing projects are generally priced lower than completed apartments, allowing buyers to enter the market at competitive prices.
Higher Appreciation Potential
As construction progresses and surrounding infrastructure develops, property values often appreciate significantly.
Flexible Payment Plans
Developers typically provide construction-linked payment schedules, reducing the immediate financial burden.
Modern Amenities
Most new projects include:
Clubhouse
Swimming pool
Fitness center
Children's play area
Landscaped gardens
Co-working spaces
EV charging facilities
Smart home features
Popular Locations for Ongoing Residential Projects in Chennai
OMR (Old Mahabalipuram Road)
OMR remains Chennai's largest IT corridor and continues to attract professionals working in technology companies.
Popular for:
Excellent rental demand
Metro expansion
Premium gated communities
Strong long-term appreciation
Porur
Porur has transformed into one of Chennai's fastest-growing residential hubs due to excellent connectivity and proximity to employment centers.
Ideal for:
Families
Mid-segment apartments
First-time homebuyers
Medavakkam
Medavakkam offers affordable housing while maintaining excellent connectivity to OMR and Velachery.
Suitable for:
Budget-conscious buyers
Growing families
Long-term investors
Tambaram
With improved suburban rail connectivity, upcoming metro developments, and commercial growth, Tambaram remains a preferred residential destination.
Sholinganallur
One of Chennai's most sought-after IT neighborhoods, Sholinganallur continues to witness new launches from reputed developers.
North Chennai
Large-scale infrastructure improvements and new residential developments are making North Chennai an emerging investment hotspot.
Features to Look for Before Buying an Ongoing Residential Project
Before booking your dream home, verify the following:
Valid RERA Registration Number
Approved Building Plans
Construction Progress
Possession Timeline
Builder Reputation
Previous Project Deliveries
Home Loan Approvals
Location Connectivity
Future Infrastructure Development
Legal Documentation
Never rely solely on brochures or marketing promises. Verify project details independently through the TNRERA portal and review the declared completion date.
How to Verify a RERA-Approved Project in Chennai
The verification process is simple:
Visit the official TNRERA website.
Search using the project name or RERA registration number.
Verify:
Registration status
Builder details
Approved layouts
Construction updates
Completion date
Uploaded legal documents
If a developer claims the project is "RERA applied" but cannot provide a registration number, it's advisable to wait until the registration is complete before investing.
Things to Consider Before Investing
Even if a project is RERA registered, buyers should also evaluate:
Builder's delivery history
Financial credibility
Quality of construction
Neighborhood development
Public transport accessibility
Schools and hospitals nearby
Rental demand
Future resale potential
RERA registration is an important safeguard, but it should be part of a broader due diligence process.
Chennai Real Estate Outlook
Chennai continues to be one of India's most stable residential markets. Growth in manufacturing, IT services, metro rail expansion, and improved road infrastructure has fueled demand for apartments across key residential corridors.
New launches are increasingly focused on sustainable living, integrated townships, larger open spaces, and smart-home technologies, making ongoing projects attractive for both end-users and investors.
Final Thoughts
Buying a home is one of the biggest financial decisions you'll ever make. Choosing a RERA-approved ongoing residential project in Chennai offers greater transparency, legal protection, and peace of mind throughout the home-buying journey.
Whether you're searching for your first apartment, upgrading to a larger home, or investing for future returns, always verify the project's RERA registration, research the developer's track record, and evaluate the location's long-term growth potential.
With Chennai's real estate market continuing to expand, investing in the right RERA-approved residential project today could become one of your smartest long-term financial decisions.
