Choolaimedu, Chennai

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Real Estate Insight into Choolaimedu, Chennai

Choolaimedu, found in the heart of Central Chennai, stands out as a desired spot for both living and commercial interests. Let's explore a few key aspects when you are looking to buy or lease a property here.

Property Costs In Choolaimimedu, prices for properties can vary greatly depending on type and location. In 2025, a property starts around ₹5,871 per square foot. The typical price tends to be about ₹10,371 per square foot, while some premium properties can soar up to ₹17,499 per square foot.

Types You’ll Find When it comes to properties in this area, many options exist. You'll find everything from apartments, to standalone houses and villas, as well as land plots. These apartments come in different sizes, like 2 BHK and 3 BHK, with prices between ₹61.5 lakhs and ₹93.56 lakhs for a 2 BHK. Larger units cost more, and there are 4+ BHK houses with bigger areas too, like 2,700 sqft, costing around ₹6,630 per sq.ft.

Trends and Changes in Property Value While property rates rose by 2.28% last year, this was a bit of a boost to the market. Of course, there have been ups and downs. Flat rates fell -6.3% over the year, but they've appreciated by a healthy 23.5% in the past decade.

Area Facilities and Features With fine infrastructure, Choolaimedu is linked to areas like Nungambakkam, Kodambakkam, Vadapalani, Mahalingapuram, and T Nagar. It also has amenities, including good schools (like Morning Star Matriculation Higher Secondary School) and hospitals (like Amma Hospital).

Active Developers in the Zone Choolaimedu has developers like SB Builders, Deepika Housing and Enterprises, Mitula Homes, Chitra Constructions, and Mayas Construction. This means high-quality housing developments for you.

PropertyWala’s View With its stable to slightly increasing property prices, good infrastructure, and active developers, Choolaimedu is a great choice for buyers and renters alike. It has both affordable and upscale options for various budgets and preferences. Looking at the current price trends and past value growth, buying or selling property here seems like a smart move.

Reviews

Cholaimedu is centrally located among T.Nagar, Anna nagar, Kodambakkam and Vadapalani.

Pros
  • Centralised Location
  • Schools and Colleges around
  • near to Suburban and Metro trains
Cons
  • Lack of Broad roads
  • Densely populated
Choolaimedu, Chennai is rated 6 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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Price Trends

Also known as: Padamanabha Nagar
Locality ID
A502411125
PinCode
600006