Overview of Alandur, Chennai

Locality and Hype

Alandur stands out as a favored and easily accessible area in Chennai, South India. It's renowned for its superb links and modern conveniences, making it a top pick for home seekers and investors alike.

Property Kinds and Costs

• Homes for Living:

  • Alandur features multiple types of living spaces, including flats, individual houses, and villas.
  • A 2BHK apartment in Alandur generally costs around ₹58 lakhs – ₹69.5 lakhs.

• Cost per Square Foot:

  • The usual price for property per square foot for apartments sits at ₹ 6,090 - ₹ 12,588. The exact average is ₹ 8,434 - ₹ 9,082 per sq ft.

• Lands and Plots:

  • Plots ready to build on are available too, including choices like freehold, east-facing, and corner plots. Pricing starts at 95 Lac and can reach 1.42 Cr.

Value Increase and Patterns

• Increase in Prices:
  • Property costs in Alandur have soared significantly. There was a 9.8% rise in flat rates over the past 5 years and a 10.5% climb in the last 10 years.
  • Over the previous year, property value hiked by 11.43% here.

Hiring Out Housing

• Rental Spaces:
  • To let you find 1 BHK, 2 BHK, and 3 BHK apartments here. Monthly rents for a 2 BHK sit around ₹28,000.

Ease and Utensils

• Links:

  • Located in Alandur means easy commute. It’s connected to the rest of Chennai, making daily travel hassle-free.

• Utensils:

  • The place offers a quiet yet modern area with facilities that create a great living experience.

PropertyWala's Verdict

By all accounts, Alandur, Chennai, is an excellent spot for real estate deals. Offering a good rise in value, it provides a variety of property options and top-notch access. It has something for everyone, covering both cheap and lavish styles. Still, doing a proper check and keeping tabs on the latest market state is wise before jumping in.