Overview of Elcot Sez, Chennai

Location and Connectivity

• Elcot Sez lies in Sholinganallur, Chennai, close to the Old Mahabalipuram Road (OMR), a major IT hub in Chennai.

Proximity to Key Facilities

• The district is near primary IT parks like Chennai One IT SEZ, Guru Kirupa Technologies, and Infosys.
• It’s easily accessible from upcoming metro stations and is near landmarks such as Wipro Technologies, Novotel Chennai, and Vivanta IT Expressway.
• Schools including Sacred Heart Matriculation Higher Secondary School are nearby.
• Also close by are hospitals such as Global Hospital and Chettinad Hospital.

Property Prices

• Properties start at Rs. 6,486 per sq ft, while the average price is Rs. 7,116 per sq ft.
• Specific projects like a 3 BHK apartment in Sabari Terrace can cost around Rs. 6,803 per sq ft.

Types of Properties Available

• Apartments: Many apartment projects like those in Sabari Terrace, Brigade Altius, and Creations Diadem are available. They come with 2 BHK to 3 BHK configurations.
• Independent Houses: Less frequently, there are independent houses in the area, often in well-planned societies.

Rental Options

• There are more than 200 rental properties around Elcot Sez, including 1 BHK, 2 BHK, and 3 BHK flats and villas.
• Rental costs range from ₹23,000 for a 1 BHK flat to ₹55,000 for a 3 BHK flat depending on amenities and location.

Amenities and Infrastructure

• Properties in Elcot Sez come with facilities such as power backup, security, CCTV, intercom, lifts, and gated communities.
• Many apartments are semi-furnished or fully furnished with amenities like ACs, wardrobes, and modular kitchens.

Public Transport and Commute

• Public transport is convenient in the area with stops like Panaiyur Bus Stop and Medavakkam Koot Road Bus Stop.
• Tambaram East Railway Station is also right nearby, easing commute for people.

Year-on-Year Price Trend

• Over the past year, property rates in Elcot Sez have surged by 19.18%, marking a profitable market for both buyers and sellers.

PropertyWala's Conclusion

Elcot Sez in Sholinganallur, Chennai, offers a great chance for buyers and renters due to its strategic position, excellent connectivity, and key amenities. Price rise year-on-year shows a favorable investment prospect. With options ranging from affordable apartments to upscale villas, Elcot Sez suits different budgets and tastes. Its proximity to IT parks, schools, hospitals, and public transport makes it a sensible choice for those looking for a balanced and practical living experience.