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Flats Under 5 Crore for sale in Adyar, Chennai
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About Properties In Adyar, Chennai for Sale
Overview of Adyar
- Adyar is an upscale locality in South Chennai.
- It’s known as a premium residential area dominated by spacious multi-story apartments.
- Adjacent to the beautiful Adyar River, the locality offers a pleasant environment.
- The locality comprises well-established infrastructure and a good connectivity nexus.
- Adyar is famous for the Theosophical Society and its massive Banyan Tree.
- The prestigious IIT Madras is located barely 5 km away.
- The PIN Code of Adyar is 600020.
Adyar Residential Market Insights
- The average price of a flat in Adyar Chennai is ₹ 18,000 per sq. ft.
- Adyar is a posh locality with housing properties available only at premium rates. The houses offered here are spacious and well-planned.
- The average price of 2 BHK in Adyar can range from ₹ 88 lakh to ₹ 2 crore.
- The average price of 3 BHK in Adyar can range from ₹ 2 crore to ₹ 4.5 crore.
- The average price of 4 BHK in Adyar can range from ₹ 3.8 crore to ₹ 7 crore.
- However, the price of any property may vary depending on the builder, amenities, and type of property.
- Due to easy accessibility to nearby IT hubs and other work hubs, Adyar is one of the best rental locations in Chennai.
- The average monthly rental price of a property in Adyar is ₹ 17,500 - ₹ 1,99,000.
Connectivity and Transportation In Adyar
- Kasturba Nagar Station on the MRTS Line is the nearest railway station to Adyar.
- Major roadways in Adyar like Rajiv Gandhi Salai (OMR) offer vast connectivity.
- Other key roadways like Sardar Patel Road and Lattice Barg Road enhance the connectivity further.
- Public transport modes like Buses, Auto Rickshaws, and Cabs are easily available.
- Chennai International Airport is only 13 km away from Adyar.
Social Infrastructure In Adyar
- Reputed hospitals in Adyar are PM Hospital, Ark Hospital, Gem Hospital, and Anitha Hospital.
- Popular educational institutions near Adyar are David Matriculation Higher Secondary School, ORCHIDS The International School, Hindustan College, School of Excellence in Law and Institute of Hotel Management.
- Malls near Adyar are Grand Square Mall, Palladium Mall and Phoenix Marketcity Mall. These fulfill the versatile shopping desires of the residents.
- Hotels near Adyar are Hotel Orange Inn, Staylite Suites, Lemon Tree Hotels, The Westin Chennai Velachery, etc. These are famous for offering comfortable stays.
Employment Opportunities In Adyar
- Commercial Hubs like International Tech Park, TIDEL Park, and Tril Infopark are barely 2 km away from Adyar. They provide significant employment opportunities for locals.
- Key Industrial Hubs like Perungudi and Saidapet are only 7 km away.
- Other nearby IT and Commercial Zones, such as RMZ Millennium SEZ and Ramanujan IT City further boost employment.
- Office spaces located alongside the Old Mahabalipuram Road (OMR) are all within easy access of working professionals in Adyar.
- Several other Multinational IT Companies, Domestic Information Technology (IT), and Business Process Outsourcing (BPO) Firms are within the vicinity.
Lifestyle In Adyar
- Adyar offers a comfortable and well-managed lifestyle.
- The greenery and scenic nature in the locality offer a serene living experience to the residents.
- Adyar offers easy access to important facilities, recreational places, and lush greenery. This is one of the major reasons that makes Adyar a good place to live in.
- Adyar River, Edward Elliot's Beach and Guindy National Park are some of the attractions in the locality.
- Recreational places near Adyar are Massroyal Club & Resorts, Alchemy Gaming, SkyJumper Trampoline Park, Thiruvalluvar Nagar Beach, etc.
- Restaurants near Adyar include Adyar Sree Bhavan, Crescent Restaurant, Ponnusamy Hotel, and Zaitoon Restaurant. These are known to offer delectable food.
Safety and Security In Adyar
- Adyar is one of the safest localities in Chennai.
- There are several police stations within easy reach of the locals.
- Police rounds are conducted frequently to ensure the security of the locality is maintained.
Development and Future Prospects In Adyar
- Upcoming Metro on the Purple Line will have a dedicated station in Adyar. This will boost the connectivity of the locality significantly.
- Road and footpath infrastructure and other modern conveniences are planned to be upgraded by the civic body here.
- The planned orange metro will have a station at Adyar Gate Junction. It is expected to further enhance the connectivity.
Cultural and Community In Adyar
- Adyar is known for its rich cultural heritage. The popular Adyar River was the site of a significant battle - the Battle of Adyar, which took place between the French East India Company and the Nawab of Arcot in 1746.
- Currently, Adyar is home to people belonging to different backgrounds. This is especially due to proximity to IT hubs and other work hubs that attract working professionals.
- Several religious places in Adyar are Ashtalakshmi Temple, Marundeeswarar Temple, Shirdi Sai Baba Temple, Madhya Kailash Temple, etc.
Environmental Factors In Adyar
- Adyar offers a clean green environment.
- There are several natural attractions in and around Adyar, allowing the residents to enjoy a peaceful living atmosphere.
- Gardens and parks near Adyar are Guindy National Park, Madipakkam Gandhi Park, Rajiv Nagar Park, Pallikkaranai Marshland Extension, etc. These add to the greenbelt of the locality.
- The air quality in Adyar is considered fair due to the lush greenery around here.
Flat Configuration In Adyar
- Ayar offers flat configurations of 2 BHK, 3 BHK, and 4 BHK.
- 2 BHK is the most preferred flat configuration by homebuyers in Adyar.
- Besides flats, Adyar also offers housing properties like Villas, Independent Floors, Independent Houses, and Plots.
Property Price Growth In Adyar
- Properties in Adyar have experienced YOY price growth of 21% approx.
- In the last 3 years, the property price growth in Adyar has been around 28%.
- Several major upcoming developments and infrastructural upgrades are expected to increase the property values in Adyar more significantly.
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Frequently Asked Questions
What are the popular residential areas in Adyar?
Some of the top residential areas in Adyar include Navalur, Siruseri.
What types of properties are available in Adyar?
Adyar offers Apartment, catering to various budget segments.
What is the average property price in Adyar?
The average property price in Adyar ranges from ₹16,500 to ₹16,750 per sq.ft., depending on the location and amenities.
What are the metro stations in and around Adyar?
The metro stations in and around Adyar include key stops such as Chennai, Gokulam Park Sabari, Hotel Parkway Inn, Padur, Atos Chennai, providing convenient connectivity to major areas.
Are there affordable housing options in Adyar?
Yes, areas like offer budget-friendly housing options in Adyar.
What are nearby locations in Adyar within 3KM?
Adyar is home to a mix of vibrant residential neighborhoods and bustling commercial hubs.Residential areas near Adyar
Commercial areas near Adyar
Are there luxurious housing options in Adyar?
Areas like Kotturpuram, LB Road, Padmanabha Nagar with price range above ₹4.59 Cr are known for luxurious residences in Adyar
Are there luxurious housing options in Adyar priced above ₹1 crore?
Yes, Adyar offers several luxurious housing options priced above ₹1 crore, featuring premium amenities, spacious interiors, and prime locations.Top 4 properties are: