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Q.

I want to buy a 3 BHK flat in South Chennai. I do not prefer mega projects. May be a medium sized project. It may be a new project or an old one (around 5 to 6 years old). Please advise on the cheap and best alternative.

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0 2021-01-06T23:04:04+00:00
Best Answer
Areas that lie to the south of Adyar river comprise the neighbourhoods of South Chennai. Some popular localities of South Chennai along with per square feet rate of property are: 1.Velachery : Average property rate in Velachery is Rs. 7645 per sq. ft. 2.Taramani: Average property rate in Taramani is Rs. 6937 per sq. ft. Property rates are high, you can go for a 3BHK in slightly smaller configuration, close to International Tech Park. Check out some options: 3BHK for sale in Taramani 3.Kolapakkam: Average rate of property in Kolapakkam is Rs. 6746 per sq. ft. There are some good 3BHK options in the locality close to DLF IT PArk, A2B Hotel. Check out some properties: 3BHK for Sale in Kolapakkam 4.Pazhavanthangal: Average rate of property in Pazhavanthangal is Rs. 7053 per sq. ft. 5.Alandur: Average property rate in Alandur is Rs. 8248 per sq. ft. 6.Guindy: Average property value in Guindy is Rs. 8596 per sq. ft. 7.Nanganallur: Average rates of property in Nanganallur is Rs. 8042 per sq. ft. The rates of property are slightly lower when you move little away from the city. Some of the areas include: 1.Varadharajapuram: Average property price in is Varadharajapuram Rs. 4010 per sq. ft. You will get spacious 3BHK flats for 1500 sq ft built up area and more for 45-60 lakhs in Varadharajapuram. I found some options for you: 3BHK for sale in Varadharajapuram.  2. Mambakkam: Current average price of property in Mambakkam is Rs. 4057 per sq. ft. Due to affordable rates, this area has seen a lot of growth in terms of real estate. Located on the highway, Mambakkam has become the choice for residential investment for many. 3BHK  flats for sale in Mambakkam. 3. Nagalkeni: Average property value in Nagalkeni is Rs. 4279 per sq. ft. 4. Mudichur: Average rate of property in Mudichur is Rs. 4382 per sq. ft.  
0 2021-01-06T23:30:38+00:00
Some mid sized projects in south chennai that could be worth considering for investment are: SSM Nagar in Kolapakkam, Vesta Sovereign, Chendur Sivabalan, & Adityas Srichakra in  Velachery.  

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