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Under Construction & New Projects in Old Mahabalipuram Main Road Padur, Padur, Chennai
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About Properties In Old Mahabalipuram Main Road, Padur, Chennai for Sale
Overview of Padur
- Padur is a rapidly developing locality situated in the Southern zone of Chennai.
- Padur is also known as Kazhipattur and is situated in Kancheepuram in Chennai, Tamil Nadu.
- The locality is mainly a residential corridor in South Chennai.
- Padur enjoys a pleasant climate since it is located close to the Bay of Bengal.
- It offers housing properties in an affordable to mid-segment budget range.
- Padur is strategically located along the Old Mahabalipuram Road (OMR) or Rajiv Gandhi Salai.
- Padur is surrounded by localities such as Pudupakkam, Kelambakkam, Srinivasa Nagar, Thiruvidanthai, Ramalingapura and Siruseri.
- The PIN Code of Padur, Chennai is 603103.
Padur Residential Market Insights
- The average property price in Padur ranges from ₹6,000 to ₹10,000 per sq. ft.
- The average price of a 1 BHK in Padur ranges from ₹40 lakh to ₹70 lakh.
- The average price of a 2 BHK in Padur ranges from ₹60 lakh to ₹80 lakh.
- The average price of a 3 BHK in Padur ranges from ₹65 lakh to ₹1.2 crore or more.
- The average price of a 4 BHK in Padur ranges from ₹2 crore to ₹3 crore or more.
- The monthly rental price in Padur ranges from ₹17,000 to ₹40,000 or more.
- The average rate of land in Padur ranges from ₹40 lakh to ₹5 crore.
- Padur mainly offers affordable to mid-segment residential properties.
- Premium apartments, villas, independent floor apartments, and plots are also available here.
- Prices of properties may vary based on certain factors such as apartment configuration, exact carpet area, location, scenic advantages, etc.
- A number of reputed builders and developers have a presence in Padur.
Connectivity and Transport In Padur
- Strategically located along the Old Mahabalipuram Road (OMR), Padur enjoys a prime location. The OMR connects the locality to major parts of the city of Chennai.
- Padur is well-connected to the city centre and other prominent areas of the city due to an extensive road network.
- Major highways such as the Bangalore Highway, Kelambakkam - Vendallur Road, and GST Road are connected to the locality.
- The Kelambakkam - Vandallur Road connects the locality to Tambaram and Urapakkam.
- Padur is around 30 km away from the Chennai International Airport.
- The Chennai Railway Station is within reachable distance and allows seamless travel throughout the city.
- Local buses and taxis are readily available for convenient transportation. There are several bus terminals all over the city.
Social Infrastructure In Padur
- Padur’s central location and abundance of infrastructure facilities have made it a prime destination for property investment.
- Supreme Speciality Hospital, Chettinad Super Speciality Hospital, Praveena Hospital, JEMS Healthcare Hospital, and Madha Peetha Hospital are some reputed health care centres near the locality.
- A few schools in proximity include Gateway International School, Sri Chaitanya Techno School, i2Global School, Sarvalokaa Education International School, Bhuvana Krishana Matriculation Higher Secondary School, etc.
- Hindustan College of Arts & Science, Anand Institute of Higher Technology, Chettinad Dental College and Research Institute, SRR Engineering College, Prof. Dhanapalan College of Science & Management, Jeppiaar College of Arts and Science, and Chettinad School of Architecture are some universities and colleges for higher education.
- Nilgiri’s Supermarket, V M Supermarket, Reliance Smart Bazaar, Aysha Hyper Mart, Krishna Shopping Mall, and Pooja's Supermarket are some convenience stores near the locality to cater to the essential needs of the residents.
- BMR Mall, Vivira Mall, and Marina Mall are the nearest leisure shopping complexes.
- The locality is well equipped with other essential services such as petrol pumps, banks, ATMs, Hotel Stays, Medical Stores, General Stores, local markets, restaurants, cafes, etc.
Employment Opportunities In Padur
- Padur is located along the major corridor of Old Mahabalipuram Road (OMR). The OMR is a prominent stretch that houses many corporate offices, IT hubs and multinational companies.
- Other tech centres accessible from the locality of Padur are SIPCOT IT Park, Siruseri IT Park, Tychon Solutions, Fisher Technologies, etc.
- Prominent Industrial hubs in Chennai, such as Tambaram and Vandalur, are located at a distance of hardly 20 km from Padur.
- These commercial hubs offer employment opportunities for residents living nearby.
- Due to this, the demand for the locality is increasing in the residential market since professionals and corporate employees are seeking residences here.
Lifestyle In Padur
- Padur is located close to the serene coastline of Chennai and enjoys a pleasant climate along with rapid urbanisation.
- Residential and commercial developments in the locality are making it a sought-after destination in the real estate market.
- Along with that, the locality also has an abundance of recreational zones and entertainment centres such as malls, restaurants and cafes.
- Kovalam Beach, the Great Salt Lake and the Dakshinchitra Heritage Museum are famous tourist spots around Padur.
- Karuvayan Multi Cuisine Restaurant, Arabian Garden Seafood Restaurant, Foodaholic Restaurant, Vintage Dhaba & Chaat, The Farmer Restaurant, Atti Cafe, Hungry Choice Restaurant, The Bay Grill, and Maveric Cafe are popular food joints and cafes around the locality.
Safety and Security In Padur
- Several police stations nearby handle the safety concerns of Padur.
- Regular police patrolling is done here to ensure the safety of residents.
- Padur follows proper security guidelines and safety measures.
- It is a bustling locality and considered safe to live in.
- Traffic control is ensured through proper street lights, traffic signals and traffic officers.
Development and Future Prospects In Padur
- The planned extension of the Old Mahabalipuram Road (OMR) will reduce traffic congestion here and save travel time while travelling to and from Padur.
- With these connectivity developments in the residential and commercial spaces, the locality is set to become a more appealing choice for buyers and investors alike.
Culture and Community in Padur
- The locality preserves its rich cultural heritage through several spiritual hubs in the area.
- Manikandeswarar Temple, Sri Kshipra Ganapathy Temple, Thulukkanathamman Temple, Nagalingeshvarar Temple, and Sri Karunakara Lakshmi Narayana Temple are some local temples in the vicinity.
- Padur enjoys a South Indian culinary food culture. There are restaurants and cafes that offer a diverse range of food options.
- From multicuisine restaurants to local cosy food joints, everything is available here.
Environmental factors in Padur
- Padur is located close to Chennai’s coastline, thereby it enjoys a pleasant climate.
- The locality is well planned with an abundance of green parks and open spaces nearby.
- There are some serene beaches located close to the locality.
- Blue Bells Park, OSR Park, and Aurum Villas Park are some of the recreational gardens near Padur.
- Kovalam Beach, East Coast Road Beach, Blue Flag Beach, and Muttukadu Beach are popular beaches within 15 minutes of the locality.
Flat Configuration in Padur
- Padur offers a range of 1 BHK, 2 BHK, 3 BHK and 4 BHK properties in both under construction and ready-to-move conditions.
- 2 BHK properties are in demand in Padur.
- Padur mainly has affordable to mid-segment properties.
- Apart from that, other properties like independent floor apartments, villas, and land plots are also available in this locality.
Property Price Growth in Padur
- In the last 5 years, Padur has witnessed a 65% growth in property prices.
- Whereas there has been a 35% property price appreciation in the last 3 years.
- The YOY property price appreciation of Padur is 7%.
- Padur has seen a rental yield of nearly 4% due to a good demand for rental properties.
- Due to rapid development and urbanisation, Padur is expected to experience a constant growth in property prices in the coming years.
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Frequently Asked Questions
What are the popular residential areas in Old Mahabalipuram Main Road?
Some of the top residential areas in Old Mahabalipuram Main Road include Navalur, Siruseri.
What types of properties are available in Old Mahabalipuram Main Road?
Old Mahabalipuram Main Road offers Apartment, catering to various budget segments.
What is the average property price in Old Mahabalipuram Main Road?
The average property price in Old Mahabalipuram Main Road ranges from ₹5,350 to ₹6,100 per sq.ft., depending on the location and amenities.
What are the metro stations in and around Old Mahabalipuram Main Road?
The metro stations in and around Old Mahabalipuram Main Road 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 Old Mahabalipuram Main Road?
Yes, areas like Old Mahabalipuram Main Road offer budget-friendly housing options in Old Mahabalipuram Main Road.
What are nearby locations in Old Mahabalipuram Main Road within 3KM?
Old Mahabalipuram Main Road is home to a mix of vibrant residential neighborhoods and bustling commercial hubs.Residential areas near Old Mahabalipuram Main Road
Commercial areas near Old Mahabalipuram Main Road
Are there luxurious housing options in Old Mahabalipuram Main Road?
Areas like with price range above ₹79 L are known for luxurious residences in Old Mahabalipuram Main Road
Are there housing options in Old Mahabalipuram Main Road ranging from INR 30L to 60L?
Yes, Old Mahabalipuram Main Road offers flats starting at ₹30L to premium luxury residences going up to ₹60L. Buyers can explore these options in prime localities with modern amenities:
Are there housing options in Old Mahabalipuram Main Road ranging from 60L to 1Cr?
Yes, Old Mahabalipuram Main Road 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: