GRT Jewellers, Joyalukkas, Khazana Jewellery, Malabar Gold & Diamonds, NAC Jewellers, Lalithaa Jewellery, Jeyachandran Gold House and Saravana Stores are Chennai's most trusted jewellery shops in 2026, and most of them sit within walking distance of each other in T. Nagar. With 22KT gold near ₹14,370 per gram as of September 2026, check the BIS hallmark and HUID before you pay.
Which are the best jewellery shops in Chennai?
Eight stores cover almost every buying need in Chennai as of 2026: GRT, Malabar and Joyalukkas for gold, Oriana by GRT for certified diamonds, NAC's Silvermine for silver, and Lalithaa, Khazana, Jeyachandran and Saravana Stores when the budget is tight.
| Store | Locality (verified 2026) | Known for | Contact |
|---|---|---|---|
| GRT Jewellers | 136 Usman Road, T. Nagar 600017 | Bridal gold; Oriana diamond and precious-stone line | 044 2346 1515, toll-free 1800 203 1000 |
| Joyalukkas | T. Nagar | International chain, 200+ showrooms in 13 countries | Store locator on joyalukkas.in |
| Khazana Jewellery | Cathedral Road, Gopalapuram (original store); T. Nagar branch | Own manufacturing hub, low-wastage positioning | Store locator on khazanajewellery.com |
| Malabar Gold & Diamonds | Multiple Chennai showrooms | Gold and diamonds, 353 showrooms in 13 countries | Store locator on malabargoldanddiamonds.com |
| NAC Jewellers | 20 North Usman Road, T. Nagar (flagship); Mylapore branch | Traditional jewellery; Silvermine and Stylori silver lines | Store locator on nacjewellers.com |
| Lalithaa Jewellery | 123 Usman Road, T. Nagar 600017 | Low making charges, BIS-hallmarked stock | Walk-in |
| Jeyachandran Gold House | 25 Ranganathan St, T. Nagar 600017 | Value-focused family retailer, gold savings scheme | 044 2432 2627 |
| Saravana Stores | Ranganathan Street, T. Nagar | High-footfall textiles-plus-jewellery value shopping | Walk-in |
Notice the pattern in that table. T. Nagar, and specifically the Usman Road and Ranganathan Street stretch near Mambalam railway station, is Chennai's jewellery hub. GRT, NAC's flagship and Lalithaa all trade on Usman Road; Jeyachandran and Saravana Stores are a short walk away. If you want to compare designs and making charges across four or five showrooms in one afternoon, start there.
What should you check before buying jewellery in Chennai?
Four checks protect your money in 2026: the BIS hallmark with HUID, the making and wastage charges, the buyback policy in writing, and the day's gold rate.
BIS hallmark and HUID. Gold jewellery sold in India must carry the BIS mark and a 6-digit alphanumeric HUID. According to the Bureau of Indian Standards, mandatory hallmarking has expanded in phases and covers 385+ districts after the sixth phase in March 2026. Scan the HUID in the BIS Care app on your phone before billing; it takes under a minute and confirms purity and the registered jeweller.
Making charges and wastage. At 2026 gold prices, the metal itself is the big cost, so charges are where stores actually compete. Ask for the making charge as a percentage and the wastage (locally "VA") separately, and get both printed on the estimate. Khazana, for instance, builds its pitch on crafting in its own manufacturing hub with low wastage, while Lalithaa's whole positioning is low making charges.
Buyback and exchange. Every big Chennai chain will buy back or exchange its own jewellery, but the deduction rules differ. Ask what percentage of the day's rate you get on return, whether stones are excluded, and get the policy on the bill, not verbally.
Gold-rate transparency. Good jewellers publish the day's rate openly; GRT and Khazana both run live rate tickers on their websites. As of 1 September 2026, 22KT gold is around ₹14,370 per gram and 24KT around ₹15,680 per gram in Chennai. That is roughly three times the 2021 level, which is exactly why every other check on this list now matters more.
Which Chennai jewellery shop is best for gold?
For traditional and bridal gold, GRT Jewellers is the safest first stop: founded in 1964 by Shri G. Rajendran, it has grown to 61+ showrooms across South India plus one in Singapore as of 2026, and its T. Nagar store at 136 Usman Road is the anchor of the whole shopping district.
Two chains give it real competition. Malabar Gold & Diamonds, established in 1993 in Kozhikode, now runs 353 showrooms across 13 countries as of 2026 and has multiple Chennai outlets. Joyalukkas, going since 1987, reports 200+ showrooms in 13 countries and over 11 million customers on its official About page, with its Chennai presence in T. Nagar. Chain scale matters for gold buyers for one practical reason: standardised billing and buyback that works at any branch, even if you move cities.
Which Chennai jewellery shop is best for diamonds?
For diamonds, start with Oriana by GRT, the brand's dedicated line for certified diamonds, precious stones and lightweight 22KT/14KT gold. Malabar Gold & Diamonds carries diamonds as half its name and its Chennai showrooms stock certified pieces too.
Whichever store you choose, the certificate decides the deal, not the showroom lighting. Insist on an independent lab certificate (IGI or GIA) for the stone, check that the certificate number matches the laser inscription where present, and remember the HUID rule still applies to the gold mount. A store that hesitates on certification is answering your question for you.
Which Chennai jewellery shop is best for silver and gifting?
NAC Jewellers owns the silver conversation in Chennai through Silvermine, its dedicated silver jewellery line, as of 2026. The group also runs Stylori, with a Stylori Silver Store in Mylapore, and NAC Coin for coins and gifting pieces. For a wedding return gift, a housewarming idol or a first anklet, the Mylapore branch on North Mada Street has served exactly that market for generations, and the flagship at 20 North Usman Road, T. Nagar carries the full range.
Which jewellery shops in Chennai are budget-friendly?
Lalithaa Jewellery, Khazana, Saravana Stores and Jeyachandran Gold House are Chennai's value picks in 2026, and each prices lower for a specific structural reason rather than as a gimmick.
Lalithaa (123 Usman Road, near Panagal Park) was founded in 1985 on a low-making-charge model and has scaled it to 61 stores across 51 cities as of March 2026. The model clearly works: Lalithaa Jewellery Mart completed a ₹1,700-crore IPO and listed on the BSE on 24 August 2026 at ₹265, 31.8% above its ₹201 issue price. Khazana keeps costs down by crafting in its own manufacturing hub, which is where its low-wastage claim comes from. Saravana Stores, founded in 1969, is the classic Ranganathan Street value destination, combining textiles and jewellery under one roof at volumes big enough that Wikipedia records a turnover of about ₹2,495 crore for 2023. Jeyachandran Gold House brings a textile group's volume-retail habits to gold and runs a gold savings scheme for buyers who want to accumulate toward a purchase.
One caution that applies to every value store: a lower price never excuses skipping the HUID scan. Cheap and hallmarked go together fine; cheap and unhallmarked is not a bargain, it is a risk.
Shop profiles: what makes each store worth visiting?
GRT Jewellers. Founded 1964 in Madras by Shri G. Rajendran; 61+ showrooms across South India plus Singapore as of 2026. Corporate address and main store: 136 Usman Road, T. Nagar, Chennai 600017; phone 044 2346 1515, toll-free 1800 203 1000. Visit for bridal gold, the Oriana certified-diamond line and GRT Brides.
Joyalukkas. Group inception 1987; 200+ showrooms across 13 countries and 11 million+ customers as of 2026, per its official About page. Older lists still say 160 showrooms in 11 countries; that figure is stale. Chennai presence in T. Nagar; use the locator on joyalukkas.in for the current showroom.
Khazana Jewellery. Many old lists date Khazana to 1989, but the company's own milestone timeline says its first store opened on 10 December 1993 on Cathedral Road, Chennai, founded by Mr. Kishore Kumar Jain. As of 2026 it runs 39 showrooms across India, with the original Cathedral Road (Gopalapuram) store still trading and a T. Nagar branch open since 1998. Visit for in-house-manufactured jewellery with a low-wastage pitch.
Malabar Gold & Diamonds. Established 1993 in Kozhikode, Kerala; 353 showrooms across 13 countries as of 2026, up from the 260+ figure older articles quote. It has multiple Chennai showrooms; check the official locator for the nearest one rather than trusting addresses in old listicles, which have been known to print a Coimbatore branch in a Chennai list.
NAC Jewellers. A Mylapore institution now headquartered on the main shopping strip: the official store locator labels 20 North Usman Road, T. Nagar as the flagship as of 2026, with the traditional branch continuing at Plot No. 58, North Mada Street, Mylapore 600004 and further branches in Perambur, Anna Nagar and Vijayawada. Visit for temple-style traditional work and the Silvermine and Stylori silver lines.
Lalithaa Jewellery. Founded 1985 by promoter M. Kiran Kumar Jain; BIS-hallmarked stock with low making charges; 61 stores in 51 cities across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka and Puducherry as of March 2026, and freshly listed on the BSE in August 2026. Flagship at 123 Usman Road, T. Nagar, Chennai 600017.
Jeyachandran Gold House. The jewellery arm of the Jeyachandran textiles group, in gold retail since 2001, with three Chennai stores as of 2026 (T. Nagar, Tambaram, Pallikaranai) and a gold savings scheme. T. Nagar store: 25 Ranganathan St, near Mambalam Railway Station, Chennai 600017; 044 2432 2627.
Saravana Stores. Founded 1969; a multi-storey combined textiles and jewellery destination on Ranganathan Street, T. Nagar with branches across Chennai including Usman Road, Purasawalkam, Porur, Padi, Sholinganallur and Chromepet. Expect crowds, especially on weekends and Aadi season; that footfall is the price of the pricing.
Spend an hour on Ranganathan Street and it is hard not to notice how much commerce one lane holds. If the trip leaves you thinking about starting a shop of your own rather than buying from one, our list of small business ideas and franchise breakdowns like the Naturals franchise cost are practical starting points.
FAQ
Which is the best jewellery shop in Chennai for gold?
GRT Jewellers is the strongest all-round gold pick as of 2026: founded in 1964, 61+ showrooms across South India plus Singapore, and a live gold-rate ticker on its site. Malabar Gold & Diamonds (353 showrooms in 13 countries) and Joyalukkas (200+ showrooms) are strong chain alternatives.
Is a BIS hallmark mandatory when buying gold jewellery in Chennai?
Yes. Gold jewellery must carry the BIS hallmark and a 6-digit HUID; after the sixth expansion phase in March 2026, mandatory hallmarking covers 385+ districts. You can verify any HUID in the BIS Care app before paying.
Which jewellery shops in Chennai are the cheapest?
Lalithaa Jewellery (123 Usman Road, T. Nagar) is built around low making charges, Khazana Jewellery keeps wastage down by manufacturing in-house, and Saravana Stores on Ranganathan Street is Chennai's classic value destination. With 22KT gold near ₹14,370 per gram in September 2026, making charges matter more than ever.
What is the gold rate in Chennai in 2026?
As of 1 September 2026, 22KT gold is about ₹14,370 per gram and 24KT about ₹15,680 per gram in Chennai, per the live rate tickers on GRT's and Khazana's official sites. Rates change daily, so check the day's board rate in the showroom.
Where are Chennai's famous jewellery shops located?
Most are on or near Usman Road in T. Nagar: GRT (136 Usman Road), NAC's flagship (20 North Usman Road), Lalithaa (123 Usman Road), with Jeyachandran and Saravana Stores on Ranganathan Street. Khazana's original store is on Cathedral Road, Gopalapuram, and NAC's traditional branch is in Mylapore.