The 5th most populous city of India, Chennai. Here prevailing residential prices for flats in key locations has been shaping well as an IT (Information technology) and automobile destination.
Prices more stable..!
Real estate prices in Chennai are historically more stable compared with other metros such as Mumbai, Delhi and Bangalore.
Owing to high interest rate and inflation, the Chennai city has experienced a small but meaningful appreciation of nearly 8-10% in the last 8 months. South Chennai is the main property hot spot and sees maximum concentration among property seekers. The top localities in Chennai on the basis of maximum real estate action are Thiruvallur, Sriperumbudur, Anna Nagar, OMR and East Course Road.
The average per square. Feet rate for flats in the city is around Rs.5,500
Prices more stable..!
Real estate prices in Chennai are historically more stable compared with other metros such as Mumbai, Delhi and Bangalore.
Owing to high interest rate and inflation, the Chennai city has experienced a small but meaningful appreciation of nearly 8-10% in the last 8 months. South Chennai is the main property hot spot and sees maximum concentration among property seekers. The top localities in Chennai on the basis of maximum real estate action are Thiruvallur, Sriperumbudur, Anna Nagar, OMR and East Course Road.
The average per square. Feet rate for flats in the city is around Rs.5,500
SOUTH CHENNAI - APARTMENTS PRICE *
AREA | PRICE |
Guindy | 7900-12,000 |
Ekkaduthangal | 7000-10100 |
Ashok Nagar | 7500- 12500 |
Saidapet | 7000-8400 |
Medavakkam | 3500-4550 |
Madipakkam | 3500-4350 |
Mugalivakkam | 3000-3700 |
Manapakkam | 3550- 4400 |
Nanganallur | 3950- 5000 |
Velacheri | 5550-6500 |
Adanbakkam | 5000- 6450 |
Selaiyur | 3200-4100 |
chromepet | 3800-4750 |
Tambaram East | 3550-4500 |
Tambaram West | 3250- 4500 |
Alandur | 5450- 7000 |
Teynampet | 9000-15000 |
Nandanam | 9000-13500 |
T Nagar | 8000- 12000 |
* This is approximate rate, 2 B H K flats Capital value
per Square feet in Rupee.
per Square feet in Rupee.
Here starting price is indicating affordable flats and end price is indicating premium flats |
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