Overview of CTH Road Area, Chennai

Location and Accessibility

CTH Road, known as Chennai-Tiruvallur High Road, is an important arterial road in Chennai North. It links many key regions and is near main industrial and residential zones. That makes it convenient for both commuters and local residents.

Property Prices

• Average Price per Sqft: We don't have specific data for CTH Road. But nearby places like Ambattur and Avadi average prices of ₹5,710 to ₹5,345 per sqft.
• Price Range: Property prices nearby can range from ₹3,636 to ₹7,323 per sqft based on location and amenities.

Types of Properties Available

• Independent Houses: For sale. Like a 4 BHK house starting at Rs 90.0 lakhs.
• Apartments/Flats: This area offers ready-to-move, resale, and gated community choices. Prices range between 30 lakhs and 40 lakhs for apartments.
• Rental Properties: Monthly rent is about Rs. 9,400 with a security deposit of ₹50,000 for individual houses.

Amenities and Infrastructure

• Basic Amenities: Mostly comes with water and drainage.
• Proximity to Schools, Hospitals, and Markets: The area is central on a major road; it should have all essential services.
• Transportation: Well-connected, ideal for easy commuting to city parts.

Market Trends

• Year-over-Year Growth: Nearby areas show significant rise in property prices. Chennai North has seen an 11.97% increase in property prices, for instance.
• Demand and Investment Potential: High demand makes the area lucrative for buying and selling properties thanks to rising prices.

Neighborhood Comparison

• Ambattur: The average price is around ₹5,710, ranging from ₹3,800 - ₹7,323.
• Avadi: Average price is around ₹5,345, with a range of ₹3,636 - ₹7,500.
• These neighborhoods set a trend for the property market in the CTH Road area.

PropertyWala's Conclusion

The CTH Road area in Chennai offers good chances for buyers and renters. With its strategic spot, access to amenities, and rising prices, it is a good choice for real estate investments. A mix of independent houses and apartments appeals to different buyers, from affordable to luxurious living. The positive market trends and connectivity suggest it is a smart choice for any real estate investor in Chennai North.