Previously a village, this suburban owes its development to the booming IT corridor in Chennai. It comes underKancheepuram district of Tamil Nadu. Perungudi is hemmed by Perungudi Lake and OMR Road on one side, Thoraipakkam to the south, Palavakkam to its east and to its west lay marshy ground and paddy fields.

Connectivity
Perungudi's strategic location on Old Mahabalipuram Road (OMR) connects it to Thiruvanmiyur and Velachery. Sholinganallur, a Special Economic Zone (SEZ) is 7.7 kilometres away. Adyar, a growing town, is at a distance of 10 kilometres from Perungudi. Mass Rapid Transport System (MRTS) has improved mobility to Tansi Nagar, Park Avenue and Indra Nagar localities. This region connects to Velechery and Taramani. Local bus services from Perungudi stop connects to Kannagi Nagar, Kelambakkam, Royapettah, Tambaram, Thiruvanmiyur, Saidapet and Adyar.
Chennai Central railway station is 16 kilometres and Chennai International Airport is 17 kilometres away from Preungudi.


Real Estate
Real estate in Prungudi appreciated ever since the IT sector boomed in Chennai. The average price of an apartment here ranges from Rs 4,000 per sq ft and goes up to Rs 7,650 per sq ft. Rented house may cost Rs 13,500-15,000 a month for a 2BHK to Rs 15,000-30,000 a month for a 3BHK. This has also spur up demand for commercial properties. Many luxurious yet affordable projects are targeting IT professionals to cater to the brimming demand. Some known developers in the area are Chitra Constructions, Hexagon Apartments by Stone Bridge Promoters and Agni Estate and Foundations.

Social Infrastructure
Perungudi is a strategically located region and is well-equipped with social and physical infrastructure as well as civic and basic amenities for its residents proving itself as a preferred location for young IT professionals. Its location on OMR Road makes IT corridor easily accessible. It facilitates all kinds of necessities including departmental stores, shopping zones, restaurants, gyms, clinics, banks, ATMs, schools and hospitals.
Some reputed schools including Abacus Montessori School, APL Global School and BYM Global School are situated in Perungudi. CM hospital, Shri Annai Hospital and Lifeline Hospital are located in the vicinity, too.