Chennai, the capital of Tamil Nadu, is a city that boasts of excellent residential properties. If you are looking for amenities such as landscaped gardens, top-notch security, a clubhouse, gym and swimming pool, you can reach out to one of the top developers in Chennai.

This list includes Amarprakash, BBCL, Ruby Builders, TVS Emerald, PBEL City, Casa Grande Chennai, Jains Pebble Brook, Appaswamy Real Estate, Annai Builder and Mannivakkam.

But first, take a look at the top 5 residential localities in Chennai that you should consider.

  • T. Nagar

T. Nagar is ideal for those working in the IT industry, as it is along the Rajiv Gandhi IT Expressway, and you can get apartments, residential houses, villas, plots and commercial spaces in this area with ease.

The most sought-after apartments are 2BHK units and investing in T. Nagar is ideal as you can easily reach it via Thiruvanmiyur MRTS Station and because it is near many premium localities of South Chennai. The average price for property here is Rs. 17,898.45 per sq. ft.

  • Kelambakkam

This area is situated near SIPCOT IT Park, which is considered to be Asia’s largest IT park and is along the Old Mahabalipuram Road (OMR). On the east, it has a beautiful shoreline courtesy of Kovalam beach. It is known for its great social infrastructure and is home to many great educational institutions, malls, banks and restaurants. The average price for property here is Rs. 5,900 per sq. ft.

  • Porur

This suburb is located 18km southwest of the main city and boasts primarily of apartments with basic amenities in place. However, growth in the near future is likely, as the area is gaining popularity owing to its affordability and proximity to the IT hub, Madras Institute of Orthopaedics and Traumatology and Sri Ramachandra Medical College and Research Institute. This area is known for its excellent connectivity to the industrial sector, markets, manufacturing plants, etc. The average price for property here is Rs. 6,025 per sq. ft.

  • Alwarpet

Alwarpet is an upscale locality, with excellent civic and social infrastructure. What’s more, it is close to the city centre and is one of Chennai’s oldest localities. In recent times, demand for property in Alwarpet is increasing as it is close to the Chennai Central Railway Station and Chennai Airport too, and offers 2BHKs, 3BHKs, 4BHKs and 5BHKs for you to choose from. The average price for property here is Rs.15, 631 per sq. ft.

  • Madipakkam

This area is fast becoming a favourite with prospective homebuyers, so now is a good time to invest here. It is one of Chennai’s newer suburbs and is excellent for families owing to its connectivity to railway and bus stations, affordability, and proximity to IT companies. When you are investing here, you can choose from flats, independent houses and plots with prices averaging at about Rs. 7,346.69 per sq. ft.

There are many options available that are looking for flats for sale in Chennai once you have selected a locality, approach Bajaj Finserv Homes and Loans to get assistance every step of the way, from site visits to financial assistance and help with documentation. You can also avail a Bajaj Finserv Home Loan of up to Rs.10 crore to finance your home purchase.

Published by Tranding Stories