Showing 1-1 of 1
100% Verified Real Estate Properties Chennai. Find New Real Estate Projects & Best Selling Properties in Central Chennai, Chennai. 1 Verified Flats/Apartments/Villas Only At HomeBazaar.Com.
Investment
4/10Livability
4/10EMI Calculator
TOP AMENITIES
Pushkar Ramanivas is a stunning residential development project located in Royapettah, Central Chennai. This project offers excellently designed and developed 3 BHK apartments along with an essential set of amenities such as 24 Hours Water Supply, Car Parking, CCTV, Intercom, Lift Available, Power Backup, Air Conditioned, Electrical Meter Room, Sub-Station, Receiving Station, etc. Inclusively, DAV Gopalapuram for School, Stella Maris College, Marina Beach, Kauvery Hospital, and Savera Hotel are in close proximity to Pushkars Ramanivas.
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