Adyar, Chennai

Property Types
Office Spaces, Apartments

About

Adyar, Chennai Overview

Setting and Importance

Adyar is a prime spot for residences and businesses in Chennai, India. Known for excellent schools, state-of-the-art healthcare, and a booming IT sector, it’s also packed with beautiful beaches, lush parks, and sacred temples. This neighborhood becomes a favorite for locals and tourists alike.

Real Estate Market Dynamics
Property Prices
  • The average price for properties in Adyar is around ₹16,259 per square foot, ranging from ₹5,882 to ₹28,666 per square foot.
  • Flats typically cost about ₹16,500 per square foot, within the range ₹12,400 to ₹18,100 per square foot.
Price Trends
  • Rates for properties in Adyar have gone up by 17.4% in the past year, soared by 48.0% over three years, and rose by 32.5% in five years.
  • Yet, some reports show that property values decreased by 4.69% last year.
Types of Properties
  • Adyar has many types of properties: apartments, standalone houses, villas, and various sizes of land.
  • Builder floor prices are ₹9,750 to ₹20,300 per square foot, whereas land costs range from ₹20,150 to ₹27,150 per square foot.
Infrastructure and Amenities
Connectivity and Accessibility
  • Thanks to government spending, Adyar sees improvements in roads, bridges, and future metro links, boosting its appeal.
Amenities
  • Properties here feature corporation water, drainage, lifts, security, visitor parking, CCTVs, and staff for upkeep.
Investment Opportunities
Luxury Living
  • There’s strong demand for luxury estates, catering to high-net-worth individuals, reflecting Adyar's posh image.
Rental Market
  • The rental market holds promise, drawing in students and professionals, making it a good spot for steady investment returns.
Commercial Properties
  • Offices and retail spaces are in high demand, offering great prospects for commercial real estate investors.
Rental Options
Rental Prices
  • Rentals feature semi-furnished flats and standalone houses. Prices vary, with a 1 RK flat around ₹4,000 monthly and a 2 BHK house up to ₹25,000 monthly.
Lease Duration
  • Leases usually last from 12 to 36 months.
PropertyWala's Final Thoughts

Adyar, Chennai, is popular among buyers and renters thanks to its impressive infrastructure, amenities, and strong real estate scene. It has a wide array of property options, ranging from budget to luxury, backed by ongoing infrastructure projects that improve its access and desirability. Whether you're thinking of investing in or renting, Adyar offers many promising avenues for good returns and high living standards.

Reviews

Adyar is the best area in south Chennai with many education institutes like IT and many central gov. Institutes and also many IT PARK like Teharamani park and our IT park nearby area. Velankani koil and arupadai veedu koil , astalakshmi temple

Pros
  • many college like IIT and other institute
  • many temple's like agatiar temple and velankanni temple
Cons
  • costly area

Adyar prime area in Chennai near by many malls and theater s near by IIT AND MANY GOV INSTITUTE NEAR BY

Pros
  • Many malls , theater s
  • Many hospitals and commercial showroom s hotels
  • Many schools and colleges
Cons
  • Costly area in Chennai

Adyar's finest neighbourhood is just a stone's throw away from the city landmarks and is well linked with connectivity hubs such as the Airport, Railway station, the IT corridor, and ECR. Proximity to prominent educational institutions,hospitals,financial institutions,entertainment and Lifestyle centres makes it a perfect place to reside in. Access to IIT Madras, Fortis Malar Hospital, Beach, Temples ,Shopping centres,

Pros
  • Adyar is not much populated as compared to other areas in Chennai
  • Pollution lesser compared to other areas
  • Traffic lesser
Cons
  • Cost of Living is high
Adyar, Chennai is rated 7 out of 10 based on 3 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.

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Projects

Lifestyle Portrait - Adyar, Chennai

Lifestyle Portrait

Adyar, Chennai

  • Completed
  • Dec, 2024

Boasting 3 side-ventilated homes

: Lifestyle Portrait is located in the heart of Adyar, Chennai offers 3&4 BHK apartments with various facilities.
Ramaniyam Syndicate - Adyar, Chennai

Ramaniyam Syndicate

Adyar, Chennai

  • Started
  • May, 2027

apartments with all the high-end, contemporary interior fittings

: Ramaniyam Syndicate is located in the heart of Adyar, Chennai and offers 2&3 BHK apartments with various facilities.
Geejay Belief - Adyar, Chennai

Geejay Belief

Adyar, Chennai

  • Completed
  • Jan, 2011

Residential Apartments

: Luxury flat in chennai along with a no. of modular amenities.

Sale Properties

Rental Properties

Price Trends

Also known as: pesent nagar adayar, Rukmani Nagar, Adayar, Padmanabha Nagar-Adyar, Teachers Colony-Adyar, Adyar Kasturibanagar, Adyar House, Inira Nagar Adyar
Locality ID
A450861112
PinCode
600020