Top and best places to buy property in Chennai?

Top and best places to buy property in Chennai?

Most people agree that real estate is the best type of investment, especially in cities. Chennai has long been a centre for job openings. Chennai is one of the most popular residential real estate investment destinations in the nation as a result of the strong demand for properties. Here are Chennai's top and best locations for real estate purchases:

Guindy

Guindy is the heart of Chennai City and is one of the top commercial and posh residential areas in Chennai. It is an area where one can find all types of real estate properties of both residential and commercial nature. One prestigious locality in Chennai that houses several establishments and monuments like Guindy National Park, Famous Madras Race Club, and SDAT Aquatic Complex.

- A mix of high-end apartments, individual houses, and residential and commercial plots

- Just 10km away from Chennai International Airport

- Several educational facilities and healthcare providers

- Well-connected locality in the center of the City

Nungambakkam

Nungambakkam is a deluxe residential area that can be defined as classy and luxurious, nicely located along the Cooum River. Considered a posh locality it is home to several renowned schools, colleges, and health care facilities. Located in the city center it's rounded by prime localities like Anna Nagar, Mylapore, Porur, and Adyar. Here you will come across some of the most expensive real estate properties in Chennai.

- Posh residential locality that offers several high-end individual houses and apartments

- Top Commercial hub where people can find opulent commercial spaces

- A lavish area that promises a comfortable lifestyle with all amenities

- Offers easy access to several IT parks and transportation facilities

Tambaram

Strategically located along the bustling GST ROAD, just adjacent to the Chennai-Trichy Highway. Tambaram is indeed a rapidly developing area, where you can come across all forms of real estate property. Since this area is still under the developing stage the rates are also affordable compared to other parts of the City. So those looking for affordable properties with a great scope of development can consider this locality.

- Offers a wide variety of builder floors, mid-rise apartments, individual houses and plots.

- Availability of many gated community plots and residences built by reputed builders

- Availability of affordable property along the busy GST Road

- Well-connected neighborhood with solid infrastructure

Vadapalani

Located in Chennai West, Vadapalani is one residential hub that enjoys seamless connectivity to key residential and commercial areas. In fact, it is home to Mofussil Bus Terminus and just 5 minutes away from Ashok Nagar Metro Station. Which is the reason many residents choose to live here. With well-developed social infrastructure, malls, and entertainment zones this one fine real estate hotbed for investors and end users.

- Availability of low-rise apartments, individual houses, and residential plots

- Availability of several residential properties promoted by prime builders

- Seamless connectivity through roadways and metro train

- Solid infrastructure and availability of civic amenities

Kodambakkam

Kodambakkam is one of Chennai's most sought-after upscale neighborhoods in southwest Chennai. This area became a real estate hotbed thanks to the wonderful connectivity and the presence of several key tech parks in the vicinity. Most importantly this locality is surrounded by prime areas and at the same time close to several malls like Ramee Mall, Bergamo Mall, and Forum Vijaya Mall.

- Availability of luxurious multi-story apartments and posh individual houses

- Solid social and physical infrastructure

- Proximity to many employment zones like Guindy Industrial Estate

- Seamless connectivity to the rest of the city

T Nagar

Those who desire to buy a property in a developed commercial and residential hub, can simply not miss T Nagar, also called Thyagaraya Nagar. A nice premium segment locality famous for its shopping streets and retail outlets. That's not all this locality enjoys close proximity to several IT parks like Olympia Technology Park, Bascon Futura IT Park, and Ramanujan IT City. This is another locality where you can find the most expensive residential and commercial spaces.

- Holds premium individual houses, low-rise apartments, and commercial spaces

- Posh residential and bustling commercial locality

- Well-planned affluent locality with high property rates

- A locality chosen by many VIPS and celebrities for residential settlement

Mylapore

Mylapore is one of the most traditional and well-developed residential localities in Central Chennai. It was chosen by many residents as it offers seamless connectivity and is centrally located surrounded by prime localities. Here you can find well-developed social amenities and infrastructure along with several malls like Express Avenue Mall, Spencer Plaza Mall, and Forum Vijaya Mall.

- Availability of individual houses, and low-rise apartments

- Well-developed residential locality with notable projects by developed builders

- Centrally located with all amenities in the vicinity

- Availability of many entertainment zones and malls

OMR

OMR is a rapidly developing IT hub that is still under the mid-segment locality, as it's still in the developing stage. One can come across all types of property here from residential to commercial. The presence of several tech parks has paved the way for futuristic infrastructural development like the metro and the elevated transport corridor. Buying properties in OMR is a smart investment choice.

- Availability of residential plots, high-rise and mid-rise apartments, and premium residences

- Rapidly developing IT hub home to TIDEL Park, Chennai ONE IT SEZ, ELCOT SEZ, and SIPCOT IT Park

- High rental and residential demand

- Availability of several residential and commercial spaces by reputed developers

ECR

East Coast Road, in short ECR, is one fine luxury segment locality that is most loved for sprawling beaches and tourist spots. This is one area along the coast of the Bay of Bengal that has seen rapid development in the real estate sector. This neighborhood offers everything from residential plots, individual houses, beach villas, high-rise apartments, low-rise apartments, and so on. Also, the inviting seascapes with their serene ambiance have always had heads tuning.

- Availability of all types of commercial and residential property

- Posh residential area served by the best civic amenities

- Solid enrapture and future infrastructural upgrades boost real estate demand

- Seren locality with tranquil oceanic views

Anna Nagar

If you are looking to find properties in a posh locality, Anna Nagar will top your list. It is one of the most well-developed and expensive residential neighborhoods in Chennai. A beautifully planned locality with good internal roads and solid infrastructure. Most importantly it is surrounded by prime residential and commercial localities that offer the residents of the area access to everything they require. Plus good connectivity and green line metro access further make this locality so desirable.

- Houses lavish bungalows, individual houses, and low-rise apartments

- Premium residential neighborhood well-planned with flawless infrastructure

- Availability of top amenities, quality social and retail infrastructure

- Located close to employment avenues like Padi Industrial Estate, and SIDCO Industrial Estate.

Avadi

Avadi is an affordable suburban locality where you come across all types of real estate property. Located along western Chennai, this suburb boasts several defense establishments and serene lakes. Plus many industries have also been set up here, so major residents of this area are working-class people. Despite being a suburb this area enjoys seamless connectivity to the city and other prime areas, which boosts the real estate demand in this locality.

- Availability of plots, residential and commercial spaces

- Presence of several industries like Heavy Vehicles Factory and several other factories

- Prestigiously houses defense establishments and many more employment zones

- A well-connected area that boasts beautiful lakes and a serene ambiance

Ambattur

Ambattur used to be an industrial area, but now it has evolved into an established residential area. This development took over as soon as the IT sector started booming in this area. Plus it is also surrounded by key employment areas like Avadi, Padi, and Anna Nagar. There is always good demand for residential development in this locality, hence many renowned developers have established their properties here. Here you can find properties in a nice mid-range budget.

- A well-developed residential area that holds many individual houses and apartments

- A nice industrial hub that's now evolving as a residential area with the aid of top developers

- Wonderful connectivity and the presence of several employment zones boost rental demand

- Well connected via Chennai Bypass Road, Chennai-Thiruvallur Road, and also Redhills Road

Porur

Porur is a rapidly developing residential community located southwest of Chennai City. It's one suburb that's rapidly developing due to the presence of many industries and employment zones like DLF IT Park. With more employment opportunities in and around this locality, more people are looking to settle here in this sere locality. Properties in Porur are affordable and of wide variety too.

- Comprises individual houses, commercial spaces, industrial, spaces, and apartments

- Sound connectivity and rapidly developing infrastructure

- Availability of vast parcels of land at affordable prices

- Houses many prime IT hubs and industries that boost rental and residential demand

Pallavaram

Properties in Pallavaram are affordably priced, and that is why more end users and developers are looking to this locality. Here you will come across all types of property, so the real estate market in this area is always booming. Located on the GST Road right next to OMR Road, this is one rapidly developing area with a constant demand for residential and rental units.

- Availability of plots, individual houses, low-rise, and high-rise apartments

- Prime residential area located close to Tambaram and International Airport

- Easy to access the OMR IT Coridr via the radial road

- Strong rental demand due to the availability of many employment zones

Velachery

Velachery is a well-developed residential neighborhood, chosen by the upper middle class. Here, the residents enjoy ample top amenities and at the same time can live close to their work, as it is surrounded by several tech parks. These factors boost residential and rental demand in this area which also enjoys wonderful connectivity to Chennai City. This area also houses several malls like the Grand Square Mall and Phoenix Market City Mall.

- Here you will find individual houses and apartments

- Surrounded by well-developed locality and enjoys wonderful connectivity

- Easily accessible from the bustling OMR IT Corridor and GST Road.

- Enjoys renowned social and recreational amenities

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