Overview of Gandhi Nagar, Chennai

Location and Accessibility

Gandhi Nagar, found in Adyar, Chennai, enjoys a prime spot. It's near key places like Gandhi Nagar Club, Fortis Hospital, and Elliots Beach. The area benefits from easy access to Chennai Railway Station and major roads for good connectivity.

Property Prices

• Starting at around ₹12,500 per sqft, properties in Gandhi Nagar average ₹17,183 per sqft.
• The cost can soar to ₹36,414 per sqft.

Types of Properties Available

For Sale:

• Apartments: Options include 2 BHK, 3 BHK, and 4 BHK flats, priced from ₹2.84 Cr to ₹3.69 Cr.
• Independent Houses: You can find north-facing homes with amenities like around-the-clock water and minimal power outages. Prices could be up to ₹41 Cr for a 4 BHK house.
• Plots: Residential plots are available at around ₹8 Cr each, perfect for constructing individual houses.

For Rent:

• Apartments: Options for 3 BHK and 4 BHK flats rental range from ₹65,000 to ₹1.3 Lac per month for 3 BHK and ₹1 Lac to ₹1.5 Lac per month for 4 BHK.

Amenities and Facilities

• Many homes here offer modern amenities such as gyms, pools, rooftop gardens, lift services, and 24/7 CCTV security.
• Plus, being close to schools, hospitals, metro stations, and other essentials makes the area even more appealing.

Market Trends

• Property prices have climbed by 5.39% over the past year, showing a growing market.
• The trend suggests that buying or selling in Gandhi Nagar can be quite profitable now.

PropertyWala's Conclusion

Gandhi Nagar, located in Adyar, Chennai, features a mix of luxury and affordable housing. Why it's a hot choice? Strategic location, excellent connectivity, and top-notch amenities. With a rising market, it's a great spot for both investment and living. Still, it's vital to watch market trends and prices for smart decisions.