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Home News & Articles Chennai

10 Best Flats Under 50 Lakhs In Chennai: Discover Affordable And Stylish Homes

Planning to invest in Chennai's real estate? Explore our expertly curated list of the 10 best flats under 50 lakhs in Chennai, offering great value for money and prime locations. Start your home search today and make Chennai your new address.

Prachi Madhavi by Prachi Madhavi
November 27, 2024
best flats under 50 lakhs in Chennai

Page Contents [hide]

  • Real Estate Overview Of Chennai
  • Sobha Winchester: Flats Under 50 Lakhs In Chennai
    • Why Invest In Sobha Winchester
    • Sobha Winchester Flat Price
  • Casagrand Flagship: Flats Under 50 Lakhs In Chennai
    • Why Invest In Casagrand Flagship
    • Casagrand Flagship Flat Price
  • Hiranandani Parks: Flats Under 50 Lakhs In Chennai
    • Why Invest In Hiranandani Parks
    • Hiranandani Parks Flat Price
    • Why Invest In Mahindra Lakewoods
    • Mahindra Lakewoods Flat Price
  • Arun Sharada: Flats Under 50 Lakhs In Chennai
    • Why Invest In Arun Sharada
    • Arun Sharada Flat Price
  • The Ace: Flats Under 50 Lakhs In Chennai
    • Why Invest In The Ace
    • The Ace Flat Price
  • Casagrand Royale: Flats Under 50 Lakhs In Chennai
    • Why Invest In Casagrand Royale
    • Casagrand Royale Flat Price
    • Why Invest In GP Imperial
    • GP Imperial Flat Price
  • Jains Anarghya: 2 BHK Flats Under 50 Lakhs In Chennai
    • Why Invest In Jains Anarghya
    • Jains Anarghya Flat Price
  • Adroit Prosper: 2 BHK Flats Under 50 Lakhs In Chennai
    • Why Invest In Adroit Prosper
    • Adroit Prosper Flat Price
  • FAQs

Real Estate Overview Of Chennai

Chennai, the capital city of the southern state of Tamil Nadu in India, has emerged as a prominent real estate market in recent years. 

Known for its rich cultural heritage, educational institutions, and robust infrastructure, Chennai offers a favourable environment for property investments.

Chennai’s residential real estate market has witnessed steady growth and development.

Flats under 50 Lakhs in Chennai - Real Estate Overview Of ChennaiThe city offers a diverse range of housing options, including apartments, villas, and gated communities.

Popular residential areas include OMR (Old Mahabalipuram Road), Velachery, Anna Nagar, Adyar, Tambaram, and Porur. 

The demand for affordable housing, mid-range apartments, and luxury properties has been consistently high.

Chennai is also renowned for its educational institutions, including prestigious schools, colleges, and universities. 

Areas around educational hubs like Anna Nagar, T. Nagar, and Adyar witness high demand for residential properties from students, faculty, and professionals associated with these institutions.

Flats under 50 Lakhs in Chennai - real estate market in Chennai

The real estate market in Chennai is expected to continue its growth trajectory in the coming years. 

Infrastructure projects like the Chennai Peripheral Ring Road, Chennai-Bengaluru Industrial Corridor, and the development of satellite townships are set to further propel the market. 

The expansion of the Chennai Metro Rail network and the proposed second airport in Chennai’s outskirts will add to the city’s attractiveness for real estate investments.

As the city continues to evolve and develop, it presents a wealth of opportunities for the residential sector in future. 

If you are looking for lucrative investment opportunities here we have listed flats under 40 lakhs to 50 lakhs in Chennai for you to get you started. 

 

Note:
Homebazaar serves homebuyers searching for flats in Chennai with end-to-end services like site visits, and lower-interest home loans to property registration guidance. We provide the best price options & offers for 1 to 4 BHK RERA-registered flats, villas & penthouse properties in Chennai. To begin a smooth homebuying journey with us, fill out the form mentioned below or on the right side.

Sobha Winchester: Flats Under 50 Lakhs In Chennai

Sobha Winchester: Flats Under 50 Lakhs In ChennaiSobha Winchester is a prestigious residential project located in the heart of Chennai. This exclusive development by Sobha Limited offers a blend of luxury, comfort, and modern living.

Sobha Winchester features meticulously designed and spacious 1, 3, and 4 BHK apartments that exude elegance and style. 

The residences are crafted to provide a harmonious balance of aesthetics and functionality, ensuring a comfortable living experience for residents.

Situated in the vibrant neighbourhood of Kovilambakkam, Sobha Winchester enjoys excellent connectivity to major business hubs, educational institutions, healthcare facilities, and entertainment zones.

Sobha Winchester offers an array of world-class amenities that cater to the needs and desires of every resident. From a well-equipped fitness centre, badminton court, jacuzzi, steam and sauna as well as a swimming pool to landscaped gardens and children’s play areas, every aspect of modern living is taken care of.

Status: Ready Possession

Why Invest In Sobha Winchester

  • Badminton Court with a Cricket Field
  • Thoraipakkam & Palavaram Road to the right
  • Renowned Dr Kamakshi Memorial Hospital is nearby.
  • Jerusalem College of Engineering in proximity distance
  • In the last year, prices have increased by 16.17%.

Sobha Winchester Flat Price

Type Carpet Area Price
1 BHK 371 sq. ft ₹ 47.95 L

Casagrand Flagship: Flats Under 50 Lakhs In Chennai

Casagrand Flagship: Flats Under 50 Lakhs In Chennai

Casagrand Flagship is a remarkable residential project that offers an extraordinary living experience in Chennai. 

Developed by Casagrand, a reputed real estate developer, this project exemplifies luxury, style, and sophistication in the prime location in Chennai’s Pallikaranai.

The project offers a range of spacious 2, 3, and 4 BHK apartments that boast contemporary designs, elegant finishes, and smart layouts to maximize comfort and functionality.

Also, Casagrand Flagship provides an impressive array of lifestyle amenities that cater to the diverse needs and preferences of residents. From a well-equipped clubhouse and fitness centre to landscaped gardens, a yoga zone, a swimming pool, and a children’s play area, the project offers a range of recreational facilities for residents of all ages.

Status: Under Construction (06-2024)

Why Invest In Casagrand Flagship

  • 34000 sq ft magnificent clubhouse 
  • Vastu-compliant homes
  • 69000 square foot grand podiums with multi-sensory amenities
  • renowned IT and ITEES enterprises, schools, colleges, and hospitals all nearby

Casagrand Flagship Flat Price

Type Carpet Area Price
2 BHK 947 sq. ft ₹ 44.97 L
2 BHK 1150 sq. ft ₹ 56.33 L

Hiranandani Parks: Flats Under 50 Lakhs In Chennai

Hiranandani Parks: Flats Under 50 Lakhs In Chennai

Hiranandani Parks is a visionary residential project that redefines urban living in Oragadam, Chennai. Developed by the renowned Hiranandani Group, this project offers a harmonious blend of nature, modern amenities, and a thriving community.

Hiranandani Parks is an expansive integrated township that spans vast 360 acres of land. 

It offers a holistic living experience by seamlessly combining 2.5 and 3 BHK residential, commercial, retail, and recreational spaces within a single development.

Residents can enjoy various amenities such as a clubhouse, swimming pools, fitness centres, a party lawn, sports facilities, jogging tracks, and dedicated spaces for community gatherings. 

The project provides a host of recreational options for individuals and families alike.

Status: Ready Possession

Why Invest In Hiranandani Parks

  • A bustling township of 360+ acres
  • A cross-ventilated flat is ensured
  • CBSE school and a family hospital with 25 beds within the township
  • 55-acre golf course with 9 holes and a driving range
  • Over 30 recreational facilities, including over 12 sporting facilities
  • A famous 25000 square foot clubhouse with a half-Olympic-sized pool

Hiranandani Parks Flat Price

Type Carpet Area Price
2.5 BHK 1018 sq. ft ₹ 49 L

Mahindra Lakewoods: Flats Under 50 Lakhs In Chennai

Mahindra Lakewoods: Flats Under 50 Lakhs In ChennaiMahindra Lakewoods is a prestigious residential project nestled in the serene surroundings of Singaperumal Koli, Chennai. Developed by Mahindra Lifespaces, this project offers a harmonious blend of natural beauty, contemporary design, and a plethora of amenities.

Mahindra Lakewoods offers thoughtfully designed 2 and 3-BHK apartments that exemplify modern living. The homes are crafted to maximize space utilization, ensuring comfortable and spacious living areas.

The project also provides residents with a wide range of amenities for a fulfilling lifestyle. From a well-equipped clubhouse, a jogging track, a swimming pool, and a gymnasium to landscaped gardens, a children’s play area, and dedicated sports facilities, every aspect of recreation and well-being is catered to.

Status: Under Construction (09-2024)

Why Invest In Mahindra Lakewoods

  • Private decks allow stunning panoramas of the stage, hill, or lake.
  • No shared walls and maximum privacy designed homes
  • French windows provide the lightest ventilation.
  • Bedrooms with cross ventilation for wind channelling
  • Extensive open green space

Mahindra Lakewoods Flat Price

Type Carpet Area Price
2 BHK 1079 sq. ft ₹ 44.25 L

Arun Sharada: Flats Under 50 Lakhs In Chennai

Arun Sharada: Flats Under 50 Lakhs In ChennaiArun Sharada is a stunning residential project that sets a new standard for luxury living in Sholinganallur, Chennai. 

The project provides 1,2 and 3 BHK apartments that feature contemporary architecture, premium finishes, and smart layouts. 

Residents have easy access to all the conveniences of urban living while residing in a peaceful and well-connected neighbourhood.

Arun Sharada boasts a wide array of state-of-the-art amenities such as a well-equipped clubhouse, jogging track, fitness centre, landscaped gardens, a swimming pool, and sports facilities.

Status: Ready Possession

Why Invest In Arun Sharada

  • Plenty of parking space for vehicles
  • Close to all of the city’s amenities in a centralised location
  • All-around designer compound walls with a security room
  • Properties available with 100% power backup

Arun Sharada Flat Price

Type Carpet Area Price
1 BHK 304 sq. ft ₹ 33.06 L
2 BHK 443 sq. ft ₹ 46.09 L
3 BHK 720 sq. ft ₹ 81.5 L

The Ace: Flats Under 50 Lakhs In Chennai

The Ace: Flats Under 50 Lakhs In Chennai

Located in Perungudi, Chennai The Ace is a magnificent residential project that embodies the epitome of luxury and exclusivity. 

The Ace offers a collection of lavishly designed 1, 2 and 3 BHK residences, each a masterpiece in its own right. Step into your private sanctuary and be captivated by impeccable craftsmanship and meticulous attention to detail.

You can indulge in a world of unmatched amenities and leisure facilities. The sprawling infinity pool beckons you for a refreshing swim, while the state-of-the-art fitness centre caters to your health and wellness needs. 

The beautifully landscaped gardens and walking paths provide a serene escape, allowing you to reconnect with nature amidst the bustling city.

Status: Ready Possession 

Why Invest In The Ace

  • Each flat has a 3-in-1 Intelligent Lock system.
  • The project by Architect Anand emphasises functioning in the architecture of modern philosophy.
  • 70% of the land surrounding the project’s “Disneyland”-style play area has remained open.
  • 25 minutes from the airport
  • Dry and wet areas are separated in the bathroom.

The Ace Flat Price

Type Carpet Area Price
1 BHK 393 sq. ft ₹ 46.8 L
2 BHK 601 sq. ft ₹ 67.63 L

Casagrand Royale: Flats Under 50 Lakhs In Chennai

Casagrand Royale: Flats Under 50 Lakhs In Chennai

Elevate your lifestyle and embrace a life of unparalleled luxury at Casagrand Royale. This is where dreams come to life, where extraordinary experiences are the norm.

The project offers 1, 2, 3 and 4 BHK-ready possession flats in Chennai situated in the prime location of Sholinganallur.

Casagrand Royale goes beyond the ordinary to create a sense of community and belonging. 

You can engage in lively conversations with like-minded individuals at the exclusive residents’ lounge, host memorable gatherings at the lavish party hall, or take part in curated events and activities that foster a sense of camaraderie among the residents.

The project has everything for everyone including a jogging track, rock climbing wall, barbeque deck, outside the theatre and much more to live the life you always dreamt of.

Status: Ready Possession

Why Invest In Casagrand Royale

  • First-ever exclusive features for children created with their overall development in mind
  • No units face each other, providing total privacy.
  • Modern new-age construction that makes the best use of available space
  • Close to Sholinganallur’s IT Corridors
  • 54 first-rate amenities including benefits for children
  • Superior features such as a digital door lock, charging stations for mobile devices, a rain shower, etc.

Casagrand Royale Flat Price

Type Carpet Area Price
1 BHK 604 sq. ft ₹ 28.99 L
2 BHK 821 sq. ft ₹ 59 L

GP Imperial: 2 BHK Flats Under 50 Lakhs In Chennai

GP Imperial: Flats Under 50 Lakhs In Chennai

GP Imperial is an extraordinary residential project that epitomizes the pinnacle of luxury and grandeur. 

Nestled in a prime location of Korattur, Chennai GP Imperial is a testament to architectural brilliance and unmatched opulence offering spacious 2 BHK flats in Chennai.

Additionally, the project offers ultra-luxurious amenities. You can immerse yourself in the sparkling waters of the swimming pool that seems to blend seamlessly with the horizon. 

The lush green gardens, jogging tracks, and serene meditation areas provide the perfect setting for relaxation and rejuvenation.

Status: Under Construction (02-2025)

Why Invest In GP Imperial

  • Vastu Compliance home
  • 24/7 security and surveillance
  • Excellent connectivity to major parts of the city and employment hubs

GP Imperial Flat Price

Type Carpet Area Price
2 BHK 780 sq. ft ₹ 42.9 L
2 BHK 830 sq. ft ₹ 45.65 L
2 BHK 912 sq. ft ₹ 50.16 L

Jains Anarghya: 2 BHK Flats Under 50 Lakhs In Chennai

Jains Anarghya: Flats Under 50 Lakhs In Chennai

Located in a coveted neighbourhood of Pallikaranai, Chennai Jains Anarghya offers unparalleled convenience and connectivity.

Jains Anarghya is more than just a home; it’s a gateway to a lifestyle of grandeur and indulgence offering 2 BHK apartments designed with high-end fittings. 

The project offers a variety of amenities such as a gymnasium, a multipurpose hall, a tennis court, a walking track, 24/7 security and much more.

Status: Under Construction (2024)

Why Invest In Jains Anarghya

  • These homes combine the health advantages of eco-friendly living with the convenience of metropolitan amenities. 
  • Two minutes to Kamachi Hospital
  • situated amidst lovely green terrain
  • Kamakshi Memorial Hospital is 3 minutes away.
  • A covered parking space is available
  • The airport in 10 minutes

Jains Anarghya Flat Price

Type Carpet Area Price
2 BHK 848 sq. ft ₹ 44.9 L
2 BHK 879 sq. ft ₹ 46.54 L

Adroit Prosper: 2 BHK Flats Under 50 Lakhs In Chennai

Adroit Prosper: Flats Under 50 Lakhs In Chennai

The project Adroit Prosper is where dreams take flight and aspirations find their truest expression. 

Step into a realm of boundless possibilities and embark on a journey of extraordinary living at Thalambur, Chennai.

Adroit Prosper offers an impressive selection of 2 BHK residences that cater to your unique lifestyle, each home is a masterpiece in its own right.

The project also the ace of amenities like a swimming pool, steam and sauna, a convenience store for residents, a well-equipped gymnasium, a multiplay court, a maze garden and much more.

Status: Under Construction (08-2025)

Why Invest In Adroit Prosper

  • Design compliant with Seismic Zone 3 requirements
  • Sufficient bus bays for students
  • For children, there is a game simulator area and a multi-use court.
  • Accessible kids’ learning centre
  • Seniors’ hangout with walking trails

Adroit Prosper Flat Price

Type Carpet Area Price
2 BHK 1011 sq. ft ₹ 47.1 L

FAQs

Are there any affordable residential projects in Chennai?

Yes, Chennai offers a range of affordable residential projects that cater to different budget requirements. The article highlights some of these projects in prime locations and provides details about their features and amenities.

What are the popular residential areas in Chennai?

A: Chennai has several popular residential areas, including Adyar, Mylapore, Anna Nagar, T. Nagar, Velachery, OMR (Old Mahabalipuram Road), Porur, and Tambaram. These areas offer a mix of amenities, good connectivity, and proximity to schools, hospitals, and commercial centres.

Are there any upcoming real estate hotspots in Chennai?

A: Yes, Chennai has several upcoming real estate hotspots that are witnessing rapid development and investment. Some notable areas include Perungalathur, Pallavaram, Medavakkam, Madhavaram, and Sholinganallur. These areas are attracting attention due to their growth potential and infrastructure development.

What is the price range for residential properties in Chennai?

A: The price range for residential properties in Chennai varies depending on factors such as location, property type, amenities, and developer reputation. Generally, prices can range from affordable options starting around Rs 30 lakhs to luxury properties exceeding several crores of rupees.

 

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Prachi Madhavi

Prachi Madhavi

Prachi Madhavi works at Homebazaar.com. She has experience in writing a vast range of varied content. She writes knowledgeable, well-researched, and engaging articles on various real estate, finance, legal and décor related topics.

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