Tambaram & Medavakkam: Low Property prices & Rental Values..!

OMR : Moderate property prices &  high rental values 

Tambaram & Medavakkam: Low property prices & rental values Porur and Kolathur: Low rental values Chetpet : Hiigh property prices & rental values OMR and Tambaram: Better lifestyle - Larger Residential spaces 

Chennai City's Old Mahabalipuram Road (OMR - Now Rajiv Gandhi Road)  favours house owners most because of moderate property prices &  high rental values. While Tambaram & Medavakkam have low property prices & rental values, Porur and Kolathur make a strong case for renting because of low rental values.

Chetpet is the least affordable locality with high property prices & rental values.

OMR and Tambaram offer a better lifestyle because of larger residential spaces.

At 6.85 square feet per Rs.1 lakh, Chetpet is the costliest locality while OMR is the cheapest at 28.9 square feet per Rs. 1 lakh.

These are some of the findings of a new report on Chennai’s real estate market conducted by ArthaYantra.com an integrated personal financial services company.

Other key findings include Chennai’s rise of 209 % in index value from 2007, with Kolathur scoring the highest rise, followed by Chetpet & Ashok Nagar in Chennai City.

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