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Properties for sale in Lakshmanaswamy Salai Kodambakkam, Kodambakkam, Chennai
100% Verified Real Estate Properties Chennai. Find New Real Estate Projects & Best Selling Properties in Lakshmanaswamy Salai Kodambakkam, Kodambakkam, Chennai. 0 Verified Flats/Apartments/Villas Only At HomeBazaar.Com.
About Properties In Chennai for Sale
Overview of Kodambakkam
- Kodambakkam is a luxurious locality situated in the south-western part of Chennai city.
- Nungambakkam, T. Nagar, Anna Nagar, K.K. Nagar, Koyambedu, Veerapandi Nagar, and Alwarpet are the localities near Kodambakkam.
- Kodambakkam offers residential localities in the premium segment. Residing in this locality is considered prestigious.
- The locality is in close proximity to prime IT zones and industrial areas in the city of Chennai.
- The locality of Kodambakkam is well known for its famous “Kollywood” film industry.
- The locality is also home to a major TV channel named Sun TV.
- Kodambakkam is considered an ideal locality for people seeking a balanced lifestyle.
- The pincode for Kodambakkam is 600024.
Kodambakkam Residential Market Insights
- The average property price in Kodambakkam ranges from ₹ 11,000 to ₹ 15,000 per sq. ft.
- The average price of a 1 BHK in Kodambakkam is around ₹ 35 lakh to ₹ 65 lakh.
- The average price of a 2 BHK in Kodambakkam is around ₹ 70 lakh to ₹ 1.5 crore.
- The average price of a 3 BHK in Kodambakkam starts from around ₹ 1.3 crore to 2.3 crore and more.
- The average rental price in Kodambakkam ranges from ₹ 15,000 to ₹ 42,000 monthly or more.
- The presence of IT corridors and a good transportation network has increased rental demand in Kodambakkam.
- The average price of land plots in Kodambakkam ranges from ₹ 1 Crore to ₹ 15 crore and more
- Kodambakkam mainly offers mid-segment to premium residential properties.
- Prices of properties may vary based on certain factors such as apartment configuration, exact carpet area, location, scenic advantages, etc.
- These properties are available in both ready-to-move and under construction conditions.
- Several reputed builders and developers have a presence in Kodambakkam.
Connectivity and Transport In Kodambakkam
- Kodambakkam has a designated railway station under the Chennai Suburban Railway network.
- The Chennai Central Railway Station is around 10 km from Kodambakkam.
- Moreover, the Vadapalani Metro station on the Green Line of the Chennai metro network is the closest metro station to Kodambakkam. It is situated just 2 km away from the locality through Acrot Road.
- The Chennai International Airport is approximately 14 km from the locality. It is easily accessible via the GST road located close to Kodambakkam.
- Grand Southern Trunk Road, Dr Ambedkar Road, and Arcot Road are the key highways that connect Kodambakkam to the rest of the city.
- The Metropolitan Transport Corporation (MTC) bus network allows hassle-free and affordable public transportation through Kodambakkam and other parts of Chennai.
Social Infrastructure In Kodambakkam
- Kodambakkam has become popular in the residential market due to its rapid infrastructural development, robust urbanisation, and availability of civic amenities in and around the locality.
- Kodambakkam consists of several schools and educational institutions, such as Fatima Matriculation Higher Secondary School, Chhathrapathy Shivaji DAV Secondary School, Baba Matriculation School, Loyola Matriculation Higher Secondary School, Meenakshi College for Women, TMG College of Arts and Science, and many more.
- S V Multi Speciality Hospital, The Best Hospital Private Limited, Medway Hospitals, J. V. Hospitals, Vadapalani Multi Speciality Hospital, SIMS Hospitals - Multi Speciality Hospital, etc., are some renowned and well-equipped hospitals in and around Kodambakkam.
- Bergamo Mall, Alsa Mall, Spencer Plaza, Express Avenue, Ramee Mall, and Challa Mall are some premium malls nearest to Kodambakkam.
- Grace Super Market, Olympic Mart, S & S Supermarket, Go Green Organic Store & Supermarket, Akshyaa Supermarket, etc., are some retail markets to fulfil the daily needs of the residents here.
Employment Opportunities In Kodambakkam
- Kodambakkam enjoys proximity to major employment hubs, industrial areas, and manufacturing units in the city of Chennai.
- Prominent IT Parks such as Bascon Futura SV IT Park, Commerzone, Olympia Tech Park, and Tamarai Park are around 6 to 10 km away from the locality.
- Grand Southern Trunk Road (GST Road) is a major highway along Kodambakkam. It is home to a number of IT complexes and Special Economic Zones. This road is around 9 km from the locality.
- The well-known Guindy Industrial Estate is approximately 6-7 km from Kodambakkam via GST Road.
- The renowned SIPCOT IT Park is hardly 30 km from Kodambakkam. It is also easily accessible due to excellent connectivity in the locality.
- Kodambakkam is famous for its film studios and production houses. There is a vast range of recruitment in the Tamil film industry, popularly known as “Kollywood”.
Lifestyle In Kodambakkam
- Kodambakkam is mainly a posh locality that enjoys a vibrant lifestyle with well-equipped facilities, developed infrastructure amenities, and a diverse community.
- There is a vast range of high-end restaurants, cosy cafes, and premium shopping malls in the vicinity of this locality.
- Being close to major commercial zones and abundant with ample facilities, both families and professionals find this locality a good place to live in.
- Kodambakkam is famous for its filmmaking. The locality, being home to the popularly known “Kollywood”, has been considered the heart of the Tamil Film Industry.
- It has a number of film studios, thereby promoting movie culture in the locality.
- Due to the proximity to the movie production houses, numerous actors, filmmakers, directors, and film producers have settled in and near Kodambakkam.
Safety and Security In Kodambakkam
- Kodambakkam is considered a safe and sound locality in the city of Chennai.
- The locality observes regular police patrolling, especially in the busy areas at night.
- It offers proper traffic management through signals and traffic police.
- The locality has a designated police station that ensures the safety of the residents.
Development and Future Prospects In Kodambakkam
- Kodambakkam is all set for metro developments. The upcoming yellow metro line is said to have 2 stations around the locality.
- This yellow metro line on the Chennai metro network will connect Kodambakkam to prominent areas such as Lighthouse and Poonamallee.
- The major highway of Kodambakkam High Road is planned to be widened, thereby reducing traffic in the locality.
- Due to a good demand for residential and commercial complexes, Proximity to IT areas, developing infrastructure, and improving connectivity, Kodambakkam is expected to see a rise in property prices and rental yield in the upcoming years.
Culture and Community in Kodambakkam
- Kodambakkam enjoys a vibrant cultural diversity. Numerous cultural sites and tourist destinations are found here.
- The locality is well known for its rich heritage and culture.
- Numerous temples and historical sites are found in this locality.
- Temples such as Sri Kapali Temple and Vadapalani Murugan Temple are present in the locality
- These temples are known for their architectural intricacies, sculptures, and artistic carvings. They showcase a beautiful representation of Chennai’s religious values.
- Film City and Vani Mahal are also major tourist attractions and a must-visit when visitors come here. These tourist destinations are hardly a half-hour drive away from Kodambakkam.
- Other than that, this locality is primarily known for its film culture. Movie multiplexes, production houses, and film studios are also an attraction here.
- Kodambakkam celebrates a vibrant, happening nightlife.
Environmental factors in Kodambakkam
- Kodambakkam is an industrial area. But it still preserves its serene natural environment through a sustainable lifestyle.
- Kodambakkam has a variety of green parks and open spaces in the locality. These gardens allow the residents to enjoy recreational activities and a relaxing environment.
- Anna Walkers Park, Dr.APJ Abdul Kalam Memorial Park, Chari Street Park, and Panagal Park are some of the gardens close to the locality.
- New residential complexes are incorporating sustainable practices, such as renewable alternatives, efficient waste management, and an abundance of green and open spaces on campus. This promotes a healthy way of living.
- Kodambakkam, being a part of Chennai, is close to the East Coast. This allows close proximity to numerous mystical beaches in the city.
- Beautiful beaches such as Marina Beach and Akkarai Beach are accessible from the locality.
- The locality and the city itself promote efficient public transportation and boast good connectivity. This enables a sustainable living environment with relatively less pollution and traffic congestion.
- The air quality in Kodambakkam is relatively good due to its closeness to greenery and water bodies.
Flat Configuration in Kodambakkam
- Kodambakkam offers a range of 1 BHK, 2 BHK, and 3 BHK housing properties.
- These properties are available in under-construction and ready-to-move conditions.
- 2 BHK properties are most popular in Kodambakkam.
- Kodambakkam mainly offers luxurious to mid-segment housing properties.
- Apart from that, other properties like independent floor apartments, villas, and land plots are also available here.
Property Price Growth in Kodambakkam
- Improved connectivity, peaceful environment, proximity to commercial areas, and developing infrastructure have driven property value appreciation in Kodambakkam.
- The YOY property price growth in Kodambakkam has been around 12%.
- Due to rapid development and urbanization, Kodambakkam is expected to experience consistent price growth in the near future.
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