Overview on Cholambedu, Chennai

Cholambedu, a burgeoning suburb of Chennai, is on an upward trend due to big real estate developments.

Spot and Access

• Cholambedu sits well, letting you access schools, colleges, hospitals, and transport stops like bus stops and railway stations easily.

Property Costs and Changes

• Property here begins at Rs. 4,832 per sqft, with an average of Rs. 6,092 per sqft. But the top-end properties go up to Rs 8,947 per sqft.
• Property prices have climbed up by a lot over the year. There's a 21.02% increase making it a great place for putting money into property.

Types of Properties

• Apartments and Flats:
  • You can find various 1, 2, and 3 BHK flats for sale here. The cheapest starts around Rs. 47 lakhs for a 3-storey building.
  • Lots of properties are in the pipeline; many are set to be ready in 2025.
• Residential Plots:
  • Plots range from 800 sqft up to 2880 sqft and price between 56 lakhs up to 1.25 crores. These plots usually come with CMDA and RERA endorsements and support for building 2-3 floors.

Amenities and Setup

• Proximity to institutes such as Kalaimagal Vidhyashram, and hospitals like Chennai Health Foundation.
• Excellent access to main roads and public transport like bus stops and the Avadi railway station.

Rental Space

• Monthly rent for 1 BHK houses are around Rs. 8,000 if someone is thinking of renting.

Benefits and Drawbacks

Benefits

• Cholambedu is rapidly improving with a big rise in real estate values.
• You can easily reach key services and transport links.
• Property investments are likely to give good returns due to rising prices.
• A wide range of property types, from apartments to plots.

Drawbacks

• Not fully developed yet, some areas may be behind.
• As the suburb grows, prices could go either way.

Final Thoughts From PropertyWala

Cholambedu, Chennai, is a great place for buying and putting money into real estate. With its fast growth, better setup, and rising property values, this location seems great for future returns. Still, do your homework and check how the area is shaping up before buying property. A balance of affordability and appreciation means Cholambedu is very appealing for those wanting to invest or live in a fast growing part of Chennai.