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About Properties In Madhavaram, Chennai for Sale
Overview of Madhavaram
- Madhavaram is a developing residential hub in the northern part of .
- 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 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 .
- 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 . This is due to its proximity to 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 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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Frequently Asked Questions
What are the popular residential areas in Madhavaram?
Some of the top residential areas in Madhavaram include Madhavaram.
What types of properties are available in Madhavaram?
Madhavaram offers Apartment, catering to various budget segments.
What is the average property price in Madhavaram?
The average property price in Madhavaram ranges from ₹6,750 to ₹7,400 per sq.ft., depending on the location and amenities.
What are the metro stations in and around Madhavaram?
The metro stations in and around Madhavaram include key stops such as Chennai, Everest Cake Centre, SIGMA LUBRICANTS PRIVATE LIMITED, Lawrance Metal Industries, TARPAULINS INDIA, providing convenient connectivity to major areas.
Are there affordable housing options in Madhavaram?
Yes, areas like offer budget-friendly housing options in Madhavaram.
What are nearby locations in Madhavaram within 3KM?
Madhavaram is home to a mix of vibrant residential neighborhoods and bustling commercial hubs.Residential areas near Madhavaram
Are there luxurious housing options in Madhavaram?
Areas like Grand Northern Trunk Road, Madavaram Red Hills Rd with price range above ₹1.2 Cr are known for luxurious residences in Madhavaram
Are there housing options in Madhavaram ranging from 60L to 1Cr?
Yes, Madhavaram offers several housing options in the ₹60L to ₹1Cr range, providing well-designed apartments with modern amenities in prime residential areas.Top 1 properties are:
Are there luxurious housing options in Madhavaram priced above ₹1 crore?
Yes, Madhavaram offers several luxurious housing options priced above ₹1 crore, featuring premium amenities, spacious interiors, and prime locations.Top 2 properties are:
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