Chepauk, Chennai
- Nearby Localities
- Mount Road, Marshalls Road, Thousand Lights, Royapettah, Mugalivakkam, Pattabiram, Virugambakkam, Egmore, Kazhipattur, Gopalapuram
About
Chepauk, Chennai: A Comprehensive Insight
Location and Significance
Chepauk, where you'll find it in the heart of Triplicane, Chennai, is both historic and culturally enriched. It's close to important landmarks, educational institutions, and commercial centers, making it a popular choice for both buyers and landlords.
Property Prices
- Average Cost per Sqft: You'll typically find properties priced around ₹11,427 per sqft in Chepauk. However, this price has decreased by 20.28% over the past year.
- Varied Costs: You can find properties ranging from ₹6,497 per sqft to ₹7,368 per sqft.
Market Developments
- Current Situation: Though prices have dipped recently, the property market in Chennai, including Chepauk, is expected to grow slightly by 5-7% in 2024-25. This growth is partly due to projects like the Phase II of the Chennai Metro Rail and economic recovery.
- Annual Price Shift: There has been a 20.28% drop in property prices in Chepauk over the last year, suggesting that now might be a good buying window.
Property Varieties
- Residential Plots: Numerous residential plots are accessible in Chepauk, offering prime locations, freehold ownership, and sizes catering to various budgets.
- Homes and Villas: These range from individual homes to villas, with costs based on their size and property type.
- Rental Options: For renters, there are flats and 2 BHK independent houses, some available for a rent of ₹15,000.
Infrastructure and Services
- Transport Connections: Chepauk offers excellent transport links due to its central position and connection to major hubs.
- Modern Amenities: The area boasts modern amenities in a peaceful setting, making it an appealing spot.
Preferences and Demand
- Housing Choices: There’s growing interest in mid-range and upper mid-range apartments, linked to affordability and shifting lifestyle patterns, especially among young professionals and families.
- Consumer Choices: Buyers are preferring larger homes, integrated townships, and properties featuring dedicated home-office spaces due to remote working trends.
PropertyWala's Take
Chepauk offers a blend of rich culture and modern conveniences, presenting a solid option for real estate investment. While prices have gone down, the area's growth potential, thanks to infrastructure projects and economic recovery, suggests it's a smart move to buy or rent here. However, one must weigh current market trends and the personal preferences of buyers or renters carefully.
Nearby
-
Transport
- Chepauk (<1 km)
- Anna Square Bus Station (<1 km)
- Government Estate (~2 km)
- Hindustan Petroleum (~3 km)
- Chokani Jetty (~6 km)
- Chennai International Airport (~21 km)
-
Shopping & Dining
- Marina Beach Market (<1 km)
- Adyar Ananda Bhavan (<1 km)
- Indane - Ratna cafe (~1 km)
- Express Avenue Mall (~2 km)
- Spencer's Food World (~3 km)
- The Chennai SIlks (~8 km)
-
Healthcare
- Kasturibai Gandhi Hospital (<1 km)
- Shree Devi Medicals (<1 km)
- Apollo Pharmacy (<1 km)
- Tamil Nadu Government Multi Super Speciality Hospital (~2 km)
- Apollo Emergency Medical Centre (~3 km)
- Gopalapuram Dispensary (~4 km)
-
Education
- Presidency College, Chennai (<1 km)
- District Branch Library (<1 km)
- University of Madras (Chepauk) (<1 km)
- PM Shri Kendriya Vidyalaya Island Grounds (~2 km)
- Wesley Higher Secondary School (~3 km)
- Madras Medical College (~3 km)
-
Leisure & Entertainment
- MA Chidambaram Stadium (<1 km)
- Corporation Swimming Pool (<1 km)
- M.G.R Memorial (<1 km)
- Devi Cineplex (~2 km)
- Cosmopolitan Club Golf Course (~10 km)
- Children's Park, Guindy (~11 km)
-
Services
- HDFC Bank ATM (<1 km)
- Ezhilagam (<1 km)
- State Bank of India (<1 km)
- D1 Triplicane Police Station (~1 km)
- Anna Road (Mount Road) Head Post Office (~2 km)
- Egmore fire and Rescue station (~3 km)
-
Religious Places
- Thiruveteeswarar Koil (~1 km)
- Triplicane Big Wallajah Mosque (~1 km)
- Sri Parthasarathy Koil (~1 km)
- Triplican Lebbai Mosque (~2 km)
- Zion Church (~2 km)
- St. Andrew's Church (~4 km)
-
Business & Hospitality
- Taj Connemara (~3 km)
- Basin Bridge Gas Turbine Power Station (~6 km)
- Chennai Port (~6 km)
- Accord Hotels and Resorts (~6 km)
- Ramanujam SEZ (~12 km)
- DLF IT Park (~17 km)
Reviews
Chepauk serves as a place of relaxation for thousands of people during warm summers. Easily connected to arterial bus roots and train stations. Many Corporate Head offices are located on Anna Salai and many more nearby roads.
Pros
- Good connectivity
Chepauk, Chennai
is rated 9 out of 10 based on 1 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.
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Office Space for rent in Mount Road
- Immediate
Office space in Mount Road
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Office Space for rent in Royapettah
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Office Space for rent in Mount Road
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- Immediate
Furnished office space in Mount Road
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- Locality ID
- A325049111
- PinCode
- 600005