[ecis2016.org] Chennai is one of the ideal residential destinations in India. The best of the facilities with affordable property rates have made Chennai very desirable and lucrative for investment. There are ample affordable localities available.
Urapakkam Real Estate
You are reading: Top 10 affordable localities for real estate in Chennai
Urapakkam Real Estate gives all the facilities that you can ask for. The property rates in Urapakkam vary between Rs 3,500 to 5,000/ sq ft. Anu Real Estate and G.S Homes are the main builders in Urapakkam. The affordable flats in Urapakkam are equipped with 1BHK to 3BHK facilities. Neelan Matriculation School, Ananthavalli School etc are prime educational institutions of this locality.
Given its proximity to Grand South Trunk Road (GST), Urapakkam has become the gateway of south Chennai. Urapakkam is located strategically along the NH-45 or Grand South Trunk Road, and enjoys robust connectivity with major areas. Urapakkam also revels in its Suburban Railway network connectivity.
Mudichur Real Estate
The average property rates in Mudichur are Rs 3600/ sq ft and the affordable flats in Mudichur are provided with good quality facilities. Some of the noted builders of this locality are N.A.M Builders and North South Enterprises. Narayana e-Techno School is a major school and Annai Arul Hospital is among the leading hospitals in Mudichur. Lucky Bazaar is well-known mall in Mudichur.
Thiruverkkadu Real Estate
The average property rates in Thiruverkkadu are above Rs 3,900/ sq ft; the affordable flats in Thiruverkkadu are equipped with 2BHk and 3BHK facilities. The major builders in Thiruverkkadu are Amman Real Estate and Jayam Real Estate. Names like ACS Medical College and Hospital are among the major hospitals in Thiruverkkadu.
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Sithalapakkam Real Estate
Sithalapakkam Real Estate is known for its finest amenities. The average property rates in Sithalapakkam being Rs 4050/ sq ft. The affordable flats in Sithalapakkam are given best features and are of 2BHK and 3BHK facilities. BVM Global and RV Matriculation School are renowned educational institutions of this region. GA Hospital and Raajan Hospital are the major hospitals in Sithalapakkam.
The locality maintains some of its rustic charm which is attracting home-buyers these days. Even though it lies towards the outskirts and situated amidst nature, the locality is well connected to the centre of the city. One of the driving factors is the easy accessibility of the locality with the IT corridor of Chennai. For employees working in the IT offices in Chennai, Sithalapakkam is often the rational choice, owing to cheaper prices and easy connectivity. With its pollution-free atmosphere and sweet underground water, this locality is like a siren’s call to a great number of real estate developers.
Selaiyur Real Estate
Selaiyur Real Estate includes properties in the suburban Selaiyur. The average property rates in Selaiyur are Rs 4065/ sq ft. The builders in Selaiyur include Alankar Construction, Ruby Builders etc. The affordable flats in Selaiyur have decent interiors and good quality features. Alwin Memorial Public School and Zion Matriculation Higher Secondary School are the leading schools in Selaiyur. Some of the well-known hospitals in the area include Deepam Hospital and Parvathy Hospital. Tambaram Railway Station, Chromepet Railway Station, and Perunagalathur Railway Station facilitate quick inter-city connectivity. Chennai International Airport is located at a distance of only 16 km from Selaiyur.
Kovur Real Estate
The Kovur Real Estate has the best of options as far as amenities are concerned. Affordable flats in Kovur are offered with 2BHK and 3BHK facilities and the average property rates in Kovur are around Rs 4080/ sq ft. TG Architects, Akshaya Homes and Royal Splendour are the popular builders of this place. Some of the well-known schools in the area include mangadu Public School, Somasundaram Government High School and Sri Krish International School. Gummadi Hospital and Shri Muthukumaran Medical College and Research Institute Hospital are the notable hospitals in Kovur. Meenabakam Metro Station and Meenambakkam Railway Station help in connecting Kovur to other places.
New Perungalathur Real Estate
New Perungalathur is a desirable residential area and the average property rates in New Perungalathur are Rs 4112/ sq ft. The affordable flats in New Perungalathur have been equipped with top notch features. Communication is praiseworthy. JK Builders and Shri Lakshmi Builders are the well-known builders in New Perungalathur. Some of the reputed schools in the area are Ebenezer Matriculation School, Madras Christian School and Srimathi Sundaravalli Memorial School. NH- 45 runs through this suburb, connecting it to important districts in Tamil Nadu. Chennai International Airport is located at a distance of 14 Km from the area. The government has sanctioned the construction of Chennai Monorail project and Perungalathur will serve as a station. This will further help in the development of this area.
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Pammal Real Estate
Pammal has grown into an ideal residential area of late. The affordable flats in Pammal are ample in number with average property rates in Pammal being Rs 4180/ sq ft. Arvind Sai Eye Hospital is a notable hospital in Pammal. DAC Daksha is a big mall in Pammal.
Poonamallee Real Estate
The average property rates in Poonamallee are Rs 4265/ sq ft and the builders in Poonamallee include Nellai Krishna Constructions and Sankskrithi Developers. Affordable flats in Poonamallee are of 2BHK and 3BHK facilities mainly. Sana Model School is a reputed school in Poonamallee.
Owing to its strong social and physical infrastructure, this locality has been able to build up a good name for itself in the real estate market. It also owes its success to the presence of the offices of many reputed companies such as Indialand Techpark and Asian Paints. In addition, the influence of the nearby IT parks such as DLF and L&T Infotech has also strongly influenced the young IT crowd to settle in the area.
Ayappakkam Real Estate
The property rates in Ayappakkam are Rs 42700/ sq ft on an average. The affordable flats in Ayappakkam are with great interiors and the renowned builders in Ayappakkam include Agni Balraga and Selvam Constructions. Ayurvedic Clinic is a renowned hospital in Ayappakkam.
These are the top 10 affordable housing destinations in Chennai that one should definitely consider on account of their future growth potential, low property prices at present, excellent connectivity and rapidly developing social infrastructure.
Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle
