Overview of CLRI Nagar, Chennai

CLRI Nagar is nestled in the Neelankarai area of Chennai. It’s a hot spot when it comes to buying or renting property. There are some major real estate aspects to keep in mind.

Connectivity and Amenities

This neighborhood has excellent connections to important roads, including the East Coast Road (ECR), making it easy to travel around the city. Also, CLRI Nagar is filled with vital amenities like schools, supermarkets, and clinics. For instance, the famous Aloha School is just a 5-minute walk away, making it a great choice for families.

Property Options

There’s a range of properties here to meet various budget and preference levels. You have independent houses, builder floors, and residential plots. For example, you might find a 4 BHK independent house with 3500 sq.ft. Or, smaller ones with only 1 BHK and 750 sq.ft.

Property Rates

CLRI Nagar's property prices are quite high but fair based on its amenities and accessibility. On average, properties cost around Rs. 8,568 per square foot, with top-end properties reaching up to Rs. 8,666 per square foot.

Market Trends

The area stands out as one of Chennai's most sought-after neighborhoods, hinting at a stable and possibly growing real estate market. That makes it ideal for both short and long-term investments.

PropertyWala's Verdict

To wrap it up, CLRI Nagar shines with its good connection, nearby essentials, and wide property assortment. Given its popularity and higher property rates, it’s a top-notch location with great potential for appreciation. If you're after a well-linked and amenity-rich area, definitely give CLRI Nagar a look.