Which area is best to buy property in Chennai?
Table of Contents
- 1 Which area is best to buy property in Chennai?
- 2 How much does a flat in Chennai cost?
- 3 What is the cost of 2bhk flat in Chennai?
- 4 How much does a 2bhk flat cost in Chennai?
- 5 What will happen to a flat after 50 years in India?
- 6 What is the price of a 2 BHK apartment in Chennai?
- 7 Which is the best place to buy luxury flats in Chennai?
Which area is best to buy property in Chennai?
If you are looking to buy a property in Chennai, then Old Mahabalipuram Road (OMR), Velachery, Medavakkam, Guduvancheri and Porur should be the ideal choices. As per PropIndex, the quarterly research report of Magicbricks, these five locations are the top five preferred localities in the city for buying properties.
How much does a flat in Chennai cost?
If you are planning to buy a property in one of the posh areas in Chennai, you will have to shell out around Rs 1.5 crores – Rs 3 crores for a 3BHK apartment. In an average locality, the cost will be Rs 70 lakhs – Rs 1 crore for a 3BHK apartment. The average property prices in Chennai is Rs 6,116 per sq ft.
Which is better 2bhk or 3BHK?
By choosing 3BHK flat, you have the space to accommodate everyone. Most people do not know that buying a 3BHK is much more economical than buying a 2 BHK flat. At just 20 to 30\% higher price, you can get an additional room, bigger space and add more aesthetics to your house.
Which area is best to buy flat?
5 Affordable cities to buy or rent a house in India
- Indore, Madhya Pradesh. Real estate has seen a big boom in Indore of late.
- Jaipur, Rajasthan. Jaipur is an ideal place for owning or renting a property.
- Ahmedabad, Gujarat.
- Kochi, Kerala.
- Hyderabad, Telengana.
What is the cost of 2bhk flat in Chennai?
2 BHK Flat in Perumbakkam
| Property Details | Locality | Price (per Sqft) |
|---|---|---|
| ₹ 61.99 Lac, 1437 sq.ft.( 133.5 sq.m. ), 2 BHK Flat in Oragadam | Hiranandani Parks , Oragadam | ₹ 4,313/sq.ft. |
| ₹ 41 Lac – 42.16 Lac, 885 – 910 sq.ft.( 82.22-84.54 sq.m. ), 2 BHK Flat in OMR | BSCPL Bollineni Zion , OMR |
How much does a 2bhk flat cost in Chennai?
The average price per sqft range to buy a 2 BHK Flats in Chennai is Rs. 450 – Rs. 20,000.
Is 1bhk a good investment?
Good investment option: buying a 1 BHK is a good investment option if the unit is put on for rent. Usually, students, bachelors, young couples prefer 1 BHK flats due to pocket friendly rentals, easy to maintain and also low maintenance costs.
Which is better 1bhk or 2BHK?
When it comes to space; the more, the better. A 2 BHK flat gives a growing family the ideal space. As children grow up, having their own space turns out to be a significant aspect which needs to be addressed with time. A 2 BHK flat in Pune seems more welcoming for the relatives and friends who would want to stay over.
What will happen to a flat after 50 years in India?
While an apartment that has run its time span of 50–60 years, keep in mind the land value never depreciates, it appreciates and location can alter the value of the depreciated property, depreciation is calculated as a factor, which is the total value of the property with its age of construction, depreciation factor is …
What is the price of a 2 BHK apartment in Chennai?
Own a 2 BHK apartment in Ramaniyam Ocean Dew, Pallikaranai, Chennai South for a comfortable living. With a super built-up area of 1089.0 sq. ft. to 1208.0 sq. ft., these 2 BHK apartments are available at a price range of Rs. 71.87 Lac to Rs. 79.73 Lac.
What is the price of 2 BHK flat in Pallikaranai?
The project offers an exclusive range of 2 BHK flats in Pallikaranai, Chennai South at a price range of Rs. 61.13 Lac – Rs. 62.58 Lac. These flats have a super built-up area ranging from 1054.0 sq. ft. – 1079.0sq. ft. It is an under construction project. The design is done keeping every small to large needs of residents in consideration.
What is the price of 2 bhk flats in Madhavaram?
The project offers an exclusive range of 2 BHK flats in Madhavaram, Chennai North at a price range of Rs. 41.3 Lac – Rs. 59.51 Lac. These flats have a built-up area ranging from 712.0 sq. ft. – 1026.0sq. ft.
Which is the best place to buy luxury flats in Chennai?
Sulekha is your one-stop property buying destination, and you will the verified luxury flats for sale in Chennai. Are there any semi-furnished residential projects available for sale in Chennai? Yeah, there are 1161+ semi furnished residential projects available for sale in Chennai with adorable amenities and features.