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Flats Under 2 Crore for sale in Madavaram Red Hills Rd Madhavaram, Madhavaram, Chennai
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DRA Astra
3 BHK, Apartments in Madavaram Red Hills Rd, Madhavaram, Chennai, ( Near by Madhavaram Depot Metro )
Madhavaram, North Chennai
3 BHK
1360 - 1680 Sq.ft
₹ 1.2 - 1.48 Cr
TOP AMENITIES
- Banquet Hall
- Club house
- Jogging Track
- Sports Courts
- Yoga Zone
- Gym
- Party Lawn
- Amphitheater
- Reflexology
- Lift
- Gas Pipeline
- Power Back Up
- Parking
- Security System
DRA Astra is an upscale residential community situated beside the Madhavaram Red Hills Road, which connects it to the Chennai-Srikakulam Highway. Schools such as Bosco Academy Matriculation School and Greenfield Chennai International School, and hospitals like Murari Hospital and K. M. Hospital, are located in the vicinity. The locale consists of malls and recreational centres such as Madhavaram Botanical Garden, Spectrum Mall, Chandra Metro Mall, and Nexus Vijaya Mall, which make this destination a shopper's paradise. The Madhavaram Bus Depot acts as a shuttle service for public transport. The Perambur Railway Station connects this suburb with the vital parts of the country, while the Chennai International Airport is not more than 26 km away.
Show More1 Towers of S + 12 Storey in 1.22 Acres
1 Towers of S + 12 Storey in 1.22 Acres
Last updated : 28-Apr-2026
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Last updated: 28-Apr-2026
About Properties In Madavaram Red Hills Rd, Madhavaram, Chennai for Sale
Overview of Madhavaram
- Madhavaram is a developing residential hub in the northern part of Chennai.
- The property prices here are affordable with improved metro connectivity.
- Located between Perambur and Kodungaiyur, it provides quick access to the city.
- The area features schools, hospitals, parks, and the famous Madhavaram Botanical Garden.
- The market is moving away from standalone apartments towards the large-scale integrated townships.
- Today, apart from families, IT and corporate professionals are too interested in buying properties here.
- The area offers a mix of builder floors, multi-storey apartments, and plotted developments.
- Other localities near the area are Kolathur, Perambur, MKB Nagar, and Anna Nagar.
- The pincode of Madhavaram is 600060.
Madhavaram Residential Market Insights
- The average property price in Madhavaram ranges from ₹7,500 to ₹9,600 per sq. ft.
- The average price of a 2 BHK apartment in Madhavaram ranges from ₹65.6 lakh to ₹95 lakh.
- The average price of a 3 BHK apartment in Madhavaram ranges from ₹1.2 crore to ₹1.29 crore.
- The average price of a 4 BHK apartment in Madhavaram ranges from ₹1.65 crore to ₹1.99 crore.
- The average monthly rental price in Madhavaram ranges from ₹13,000 to ₹47,800 or more.
- Madhavaram is an ideal location for people looking for high ROI and good connectivity.
- It is close to major IT hubs and employment zones, increasing the residential demand.
- It offers smooth intercity connectivity and modern infrastructure, which attracts homebuyers and investors.
Connectivity and Transport In Madhavaram
- Madhavaram is a centrally linked area through National Highway 5, Jawaharlal Nehru Flyover, and Madhavaram Red Hills Road.
- The Majority of coastal communities connect to Madhavaram through NH-5.
- The intercity connectivity is smooth with major routes like 100 Feet Road, Grand Northern Trunk Road, and SH-111.
- The Perumbar Railway Station is 6 km from Madhavaram and is easily reachable in 20 minutes.
- The Thirumangalam and Anna Nagar Tower Metro Stations on the Green Line connect the city's south and central zones.
- Madhavaram Bus Depot supports interstate connectivity. They provide easy access to Andhra Pradesh and Telangana.
- The Chennai International Airport (MAA) is accessible in 50 minutes via NH-48.
Social Infrastructure In Madhavaram
- The Madhavaram suburb is transforming into a self-sustaining residential zone.
- Top schools like Ravindra Bharathi Global School and Bosco Academy are the local favourites.
- Other institutions include FES Matriculation Higher Secondary School, TAAC CBSE School, Sri Gurumurthy Vidyalaya High School, and Narayana eTechno School.
- Residents receive top healthcare facilities through Multi Speciality Hospital, NRV Hospital, Sri Kumaran Health Centre, and KVT Multi Speciality Hospital.
- Thiruthangal Nadar College, AMET City College, Dr. Ambedkar Government Arts College, Velammal Engineering College, and Bharathi Women’s College are among leading colleges in the area.
- Residents relax and shop at Spectrum The Grand Venus Mall, SKLS Galaxy Mall, and VR Chennai.
- Some people enjoy fine dining at The Royal Restaurant, The Living Room, The Cascade, and Toscano and Punjabi Grill in VR Mall, Anna Nagar.
- A few supermarkets in and around the locality are DMart, Reliance Smart Bazaar, and SMART Superstore.
Employment Opportunities In Madhavaram
- Madhavaram is considered a logistics capital of North Chennai. This is due to its proximity to Chennai Port and Outer Ring Road.
- The Global tech giants like Amazon and BigBasket create massive employment opportunities.
- The small-to-medium manufacturing units of VRM Structures, RK Tire Molds, and Zebronics are operational here.
- The Ambit IT Park, Tamarai Tech Park, and Espee IT Park are easily accessible to professionals.
- Anna Nagar and Manali are popular corporate areas nearby Madhavaram.
Lifestyle In Madhavaram
- Madhavaram offers a balanced, vibrant urban lifestyle. Compared to central Chennai, it has a calmer environment.
- The residents tend to visit the Mahdavaram Botanical Garden for walks, morning yoga, and family picnics.
- The Communities have shifted towards open spaces, enjoying resort-style living.
- The nightlife is vibrant with families gathering up for dinner in fine dine restaurants. The local restro bars also witness high footfall on weekends.
- The Transque Bar, AGH Congo Bar, and Kinema Bar & Restaurant are the primary hangout spots.
Safety and Security In Madhavaram
- Madhavaram is a safe and secure locality for residents, especially for families.
- The Madhavaram Police Station and Madhavaram Milk Colony Police Station are only 10 minutes away.
- Police bikes and PCR vans can be seen patrolling at night to prevent any criminal activity.
- Most residential communities have CCTV surveillance within the vicinity.
Development and Future Prospects In Madhavaram
- Metro expansion on the Red Line will provide several stations across the locality.
- The proposed Purple Line Metro will launch two stations in the Madhavaram area.
- The Upcoming T.N. Tech City in Madhavaram will boost employment opportunities.
Culture and Community in Madhavaram
- The long-standing residential associations coexist with new-age gated community culture.
- The Kailasanathar Temple, a 1,300-year-old Shiva temple, and the Kari Varadharaja Perumal Temple are the ancient landmarks.
- Other religious temples include Lakshmi Amman Temple, Puthu Koil Temple, and Murugan Temple.
- During Pongal, streets turn into massive kolam canvases for competitions. Even traditional Uriyadi events are hosted.
- The Madhavaram Botanical Garden becomes a spot for laughter clubs, morning walks, yoga sessions, and senior citizen meetups.
Environmental Factors in Madhavaram
- Madhavaram provides a nature-first living experience.
- It enjoys a unique ecosystem with recent conservation efforts.
- The Madhavaram Botanical Garden has over 400 species of plants, like massive Palmyrah parks and medicinal arboretums, which act as a carbon sink.
- The garden also includes a bog garden and freshwater ponds that are a sanctuary for local birds and pollinators. It preserves the urban biodiversity.
- Most societies in the area integrated green building practices such as sustainable construction, energy-efficient design.
Flat Configuration in Madhavaram
- The area offers 2 BHK, 3 BHK, and 4 BHK apartments.
- A 2 BHK apartment is in great demand in Madhavaram.
- The properties are available in both ready-to-move and under-construction conditions.
- Madhavaram also offers independent plots, villas, and builder floors.
Property Price Growth in Madhavaram
- The YOY property price change in the area has been around 10.3%.
- In five years, the property appreciation rates have increased to 68.4%.
- Madhavaram has witnessed a rental yield of 5%.
- The percentage may go up in the coming years with the growing infrastructure and strong connectivity.
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