Overview of CIT Colony, Chennai

CIT Colony in Mylapore, Chennai, is a highly desirable area for both those looking to buy or rent due to its excellent location, amenities, and connectivity.

Location and Connectivity

• CIT Colony lies right in the center of Mylapore, one of the oldest and most esteemed neighborhoods in Chennai.
• It offers easy access to major parts of the city, including commercial zones, hospitals, schools, and important services.

Proximity to Amenities

• Close to hospitals like Isabella and Kauvery.
• Near educational institutions such as St. Ebbas School and Cambridge Matriculation School.
• Nearby hotels like Savera Hotel and New Woodlands Hotel, plus places to enjoy culture like Music Academy and Narada Gana Sabha.

Property Prices and Trends

• Average cost for a square foot in CIT Colony is ₹21,875, with a big yearly increase of 26.86%.
• Property types range from residential lands to apartments and standalone houses, filling different budget needs.

Types of Properties Available

For Sale

• Residential lands: Some come with older houses like a 4136 Sqft plot priced at Rs 12 Crores.
• Apartments and standalone houses: Options include 1 BHK, 2 BHK, 3 BHK and more.

For Rent

• Flats: Available in sizes like 1 RK, 1 BHK, 2 BHK, 3 BHK, and up to 4 BHK.
  • Example: Like a 3 BHK flat rented for ₹75,000 per month, semi-furnished, featuring amenities such as a lift and a metro borewell.
  • Villas and standalone houses are also available for leasing.

Furniture and Furnishing Options

• Properties come fully furnished, semi-furnished, or unfurnished, meeting diverse requirements.

Rent Prices

• Monthly rent can vary, from ₹10,000 for a 1 RK to ₹75,000 for a 3 BHK flat, based on size and amenities.

Infrastructure and Amenities

• Infrastructure is well-built, offering access to public transport, schools, hospitals, and shopping.
• Community amenities include parks, cultural spots, and dining hubs.

PropertyWala's Conclusion

CIT Colony in Mylapore, Chennai, is a hot spot for buyers and renters. Its stellar connectivity, close proximity to amenities, and diverse property options make it perfect for those looking for a hassle-free living experience. With its strong price rise pattern, it's also a smart pick for investors. Whether you're searching for luxury or affordable rentals, CIT Colony doesn’t disappoint, emerging as a top spot in Chennai real estate.