Chennai residential real estate: Prices more stable

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


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.
Here starting price is indicating affordable flats 
and end price is indicating premium flats








Share:

No comments:

Post a Comment

Popular Posts

Blog Archive

Recent Posts

Featured Post

Coverton Insurance Broking - a one-stop solution for businesses and individuals seeking expert risk management

Coverton Insurance Broking Launches Comprehensive Insurance Broking Services to Simplify and Enhance Risk Management for Businesses and In...