Location and Overview

Sembakkam, a suburb of Chennai, thrives as a hub known for its advantageous location and a rising real estate market. Key matters to reflect upon include:

• Connectivity: Sembakkam is well-linked with other regions of Chennai. This connectivity makes it appealing for both locals and those needing to commute.
• Infrastructure: The suburb features good infrastructure featuring schools, hospitals, and shopping locales making everyday life accessible and convenient.

Property Prices

Pricing in Sembakkam hinges upon the type and size of the property.

• Starting Price: Property prices in Sembakkam begin at roughly Rs. 5,190 per square foot.
• Average Price: You can expect an average price between Rs. 6,263 to Rs. 6,664 per square foot.
• Price Range: From Rs. 5,499 to Rs. 7,083 per square foot, properties range widely.

Year-on-Year Growth

Grasping the year-on-year changes is key for property investors and those considering purchasing homes.

• Recent Trends: Sembakkam's property prices dropped by 2.63% last year, signaling a minor decrease.
• Historical Data: Prior years revealed fluctuations. There was a 4% rise in 2024 and a 3% drop in 2023.

Types of Properties Available

Sembakkam offers various property options that suit different needs.

• Residential Plots: You’ll find plots from 815 sqft to 4200 sqft priced starting from Rs. 43.19 lakhs to Rs. 2.30 crores, offering essentials like municipal water, drainage, and security.
• Independent Houses and Villas: There are numerous configurations and price ranges available.
• Flats and Apartments: Rent-ready 2 BHK fully-furnished apartments are available, costing around ₹30,000 monthly with a deposit of ₹1.8 lakh.

Popular Price Ranges for Properties

To help you decide, here are usual price brackets:

• 40Lac - 60Lac: 21% of the properties land in this range.
• 60Lac - 80Lac: 20% fall within this bracket.

Amenities and Facilities

Sembakkam's properties often provide various amenities:

• Plot Amenities: Expect municipal water, drainage, security, visitor parking, and feng shui/vastu compliance.
• Flat Amenities: Fully furnished 2 BHK apartments feature TV cabinets, beds, kitchen cabinets, and more necessary items.

PropertyWala’s Wrap up

Sembakkam stands as a promising real estate choice offering a blend of affordability, amenities, and connectivity. Though you notice a minor price dip, the historic rise promises future growth. With plots, independent houses, and flats available, there is something for every buyer's taste. Before making a final choice, keep an eye on price movements and align specific amenities with your needs.