Overview of Ellaiamman Colony, Chennai

Location and Accessibility

Ellaiamman Colony is located in the Teynampet area of Chennai, a neighborhood that is highly connected and centrally situated. This makes it a compelling choice for both buyers and renters.

Property Prices

• The average price per square foot in Ellaiamman Colony stands at approximately Rs. 11,086.
• You might find properties for sale starting from below 10 lakhs for affordable ones, up to some luxurious individual houses going for Rs. 4.75 Cr.

Types of Properties Available

• Flats for Sale: There are numerous apartment complexes and individual houses available, including ready-to-move options.
• Flats for Rent: You can find fully furnished apartments that often come with amenities like TV cabinets, beds, kitchen cabinets, and cupboards.

Amenities and Infrastructure

• This area has excellent essential amenities such as schools, hospitals, and other residential necessities.
• Given its central location, Ellaiamman Colony offers good connectivity to other parts of the city, making daily commutes convenient.

Market Trends

• Property rates in Ellaiamman Colony exhibit yearly fluctuations, suggesting a dynamic real estate market. It’s wise to review the current market trends before deciding.

PropertyWala's Verdict

Situated in Teynampet, Ellaiamman Colony, Chennai, provides a blend of affordable residences, amenities, and a central location, making it a suitable option for both buyers and renters. The variety in property types and prices suits different budgets and preferences. However, monitoring market trends and current prices is essential to make informed choices. In summary, Ellaiamman Colony stands out as a promising area for real estate investment in Chennai.