Balaiah Garden in Madipakkam, Chennai

Balaiah Garden in Madipakkam, Chennai, is a residential area offering a mixture of housing styles. It appeals to both buyers eager to purchase and renters looking for a place.

Property Prices and Trends

The cost per square foot in Balaiah Garden hovers around ₹7,410. This shows a stable market that's slowly ticking upward, with a year-over-year growth rate of 8.29%. Buyers have choices from apartments all the way to individual houses and plots. Take the example of a 1272 square feet plot – it's available for around ₹1.06 Cr and costs an average of ₹8.33k per sqft.

Availability of Properties

You'll find plenty of property options, including 2 BHK, 3 BHK, and 4 BHK apartments, alongside standalone residences. Prices range from about ₹51 lakhs for a 2 BHK flat to ₹67 lakhs for a 3 BHK flat. Renters benefit from nearby essential services, like a 2 BHK semi-furnished flat for ₹13,000 per month, ensuring a convenient living experience.

Amenities and Infrastructure

Balaiah Garden is packed with amenities essential for daily living. It’s home to Holy Prince Matriculation Higher Secondary School, just 0.5 km away, and also nearby to Saraswathy Multispeciality Hospital, around 1 km. Plus, the area is well-located near petrol bunks, supermarkets, and primary roads, making it exceedingly practical for residents.

Investment Potential

The area sees steady growth. A year-over-year rise of 8.29% in property values reflects a promising setup for investments. A balanced trend in property prices and consistent demand make it a good bet whether you're buying or selling.

PropertyWala's Wrap-Up

Sum it up this way – Balaiah Garden in Madipakkam, Chennai, blends affordability, convenience, and investment opportunities seamlessly. Its stable property market, evolving trends, and proximity to essential services make it attractive for buyers and renters. Whether aiming for real estate investment or seeking a cozy place to live, the local infrastructure and amenities make it a top pick.