Real Estate Overview of Chinna Nolambur, Chennai

Chinna Nolambur, in Chennai’s Tiruvallur District, emerges as a booming residential hotspot. It provides affordable housing, alongside convenient amenities, making it an appealing spot for both sellers and tenants.

Property Prices

Property rates here are quite competitive. Prices begin at around Rs. 5,273 per square foot, with averages hitting Rs. 9,031 per square foot. The top-end properties reach up to Rs. 11,213 per square foot.

Types of Housing

Residents can choose from many kinds of homes: apartments, standalone houses, and villas. For example, a typical 2 BHK apartment in Jains Nakshatra, with 1,335 square feet, costs around Rs. 73 lakhs, translating to about Rs. 5,468 per square foot.

Amenities and Services

Chinna Nolambur features a range of essential amenities including schools, hospitals, and shopping hubs. Facilities like Achariya Bala Siksha Mandir and MMRV Hospital are just nearby, ensuring quick access to quality education and healthcare.

Market Trends

The local real estate market shows robust growth, boasting a year-over-year increase of 13.64% in property values. This surge in prices hints at profitable investment opportunities for property buyers and sellers.

Rental Choices

If you’re looking to rent, Chinna Nolambur comes with numerous options like unfurnished or furnished flats, often found in standalone buildings or in gated communities. Prices vary, giving options for different budgets.

PropertyWala's Conclusion

To sum it up, Chinna Nolambur stands out in Chennai's real estate landscape. It balances affordability with advanced amenities, promising a solid growth trajectory. The area's close links to important infrastructure and healthcare make it ideal for families and investors alike. Its favorable price trend and variety in housing ensure it’s a worthy consideration for anyone planning to buy or rent a home in Chennai.