Overview of Ekkaduthangal, Chennai

Popular and Affluent Neighborhood

Ekkaduthangal is a famous and upscale residential zone in Chennai. It blends residential and commercial zones, making it very accessible to the city’s other areas, which makes it a good spot for both buyers and renters.

Variety of Properties Available

• Apartments: Many apartments are present here, including 2 BHK, 2.5 BHK, 3 BHK, and 4 BHK setups. Noteworthy projects like RPN Vaibhav, RPN Vrindavana, ATH Valencia, and ATH Kingsford are well-known here.
• Land/Plots: Several plots and lands are up for sale. Costs change depending on location and size of the plot.
• Independent Houses: Though rarer, standalone houses do pop up around here.

Cost Trends

• Apartment Rates:
  • Apartment costs per square foot range from ₹8,050 to ₹14,284, depending on source and development.
  • Top-notch properties can be found at ₹16,081 per sqft.
  • The market has seen a 14.35% rise in property values over the last year.
• Land Costs:
  • Land per sqft rates are about ₹10,350 to ₹13,450.
  • Some plots cost as little as ₹962 per sqft.

Rental Costs

• Apartments: Monthly rents for 1 BHK apartments range from ₹5,000 to ₹12,000.
• 2 BHK Flats: Rentals for 2 BHK apartments range from ₹16,000 to ₹40,000.

Amenities

• Modern Convenient Features: Many new areas include bike and car parking, 24x7 surveillance, elevators, and units fully furnished.
• Vasthu Compliance: Certain properties, such as RPN Vrindavana, provide fully vasthu-compliant layouts.

Potential and Expansion

• Ekkaduthangal has greatly appreciated in value, with a 29.8% rise in flat prices over the past decade.
• This area is likely to keep growing, presenting a smart choice for investment.

PropertyWala's Findings

Ekkaduthangal in Chennai stands out as an appealing choice for buying or renting property. It has a strategic position, various property types, and strong investment chances. Rising rates and affordable and luxurious options attract many. The area’s modern amenities and safe living conditions boost its attractiveness, making it highly desirable for residential living in Chennai.