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Kalpataru One Crest in Nungambakkam is a place where you will get awestruck by the grandeur of the homes here. Situated at Nungambakkam, Chennai, which is a prime locale where most of the entertainment and business hubs are around the corner. Kalpataru Crest is now offering its 4 Bhk, 5 Bhk Duplex and 5 Bhk Super duplex which you can own by March 2021. These lavish, air-conditioned duplexes come with a grand entrance and private terraces, modular kitchen and well-groomed landscaped terraced gardens. Here, the matchless amenities are installed inside-out in-order to ensure pure tranquillity. Such as their 15,000 sq. ft. of garden spaces, open air Jacuzzi, meditation zones, swimming pool, gymnasium on top floor and a separate steam room for men and women. Hence, homes in Kalpataru One Crest, Nungambakkam, are the spaces where you can acknowledge and experience how thoughtfully the spaces are designed to emphasis on natural lighting and to enjoy the panoramic view of the city.
Show MoreStrategically located by the Bay of Bengal, Chennai is a convenient commercial and residential locale as it is well-connected to major ports, airports, highways, & metro routes. The city is well-connected via a major network of roads such as the Old Mahabalipuram Road (OMR), Grand Southern Trunk Road (GST), Anna Salai, Outer Ring Road, & Chennai Bypass Road.
With a mix of automotive industries, electronic hubs, financial sectors, and IT parks - Chennai has steadily emerged as a city that provides immense job opportunities. There has been a rapid rise of IT and business hubs along the OMR Road such as Thoraipakkam and Perungudi in the recent decade. This has in turn led to the increase in demand for properties in Chennai
The quality of life here is excellent as well, as it houses a developed social infrastructure in the form of reputed schools, colleges, universities, hospitals, and malls. There is further a presence of strong constructions, built by reputed developer firms such as Alliance Group, Casagrand Builders, Brigade Group, Hiranandani, & Prestige Group.
As per a Knight Frank Report, the housing sales in Chennai have been steadily improving since late 2020. The sales growth has remained steady post pandemic, and 2022 saw a 19% YoY rise in housing sales.
The residential sales in Chennai are mostly concentrated in the South & West micro-markets, which contributed to around 92% sales in the second half of 2022. Areas along the OMR & GST Road are popular in South Chennai, while Porur & Poonamallee in West Chennai are in demand as well.
Flats in the 50 Lakhs to 1 Crore range usually contribute around 45 to 50% of residential sales. However, the 2nd half of 2022 also saw an increase in sales in flats priced above 1 Crore. Compared to under-construction projects, ready-to-move-in flats attract a higher demand.
There was also a good increase in supply in 2022, with properties being launched by prominent developers such as Alliance Group and Casagrand Builders. In fact, there was also a 6% price appreciation in the metropolitan areas of Chennai. Overall, with the presence of IT hubs that bring job opportunities, there is an increasing demand for properties in Chennai.
Some of the top residential areas in Chennai include Kolathur, Mogappair, Egmore, Korattur, Thiruverkadu.
Chennai offers Apartment, Plot, Villa, Retail Shop, Commercial Office, catering to various budget segments.
The average property price in Chennai ranges from ₹1,450 to ₹25,100 per sq.ft., depending on the location and amenities.
Yes, areas like Senneerkuppam, Kovilambakkam, Perungalathur, Padur, Chembarambakkam offer budget-friendly housing options in Chennai.
Areas like Padur, Egattur, Sholinganallur, Vengaivasal, Nungambakkam with price range above ₹59 L are known for luxurious residences in Chennai