Overview of Gill Nagar, Chennai

Gill Nagar, nestled in the Choolaimedu area of Chennai, mixes affordability, luxury, and a strategic position, appealing to buyers and renters in the real estate market.

Property Prices

The Gill Nagar property prices change a lot, serving different buyer needs. You can find starting prices at about Rs. 10,071 per square foot, with average rates at Rs. 13,368 per square foot, and the most expensive reaching up to Rs. 16,666 per square foot.

Types of Properties

You'll find diverse choices here—apartments, independent houses, and villas. Apartment choices often go from 1 BHK as low as ₹38 lakhs to 3 BHK priced at ₹1.09 crores, with examples like Guinevere Apartments.

Amenities and Infrastructure

This area boasts bike and car parking, several bathrooms, and east-facing apartments. Plus, nearby places like Gill Nagar Park and other amenities make living here great.

Rental Options

If you're renting, expect monthly rents around ₹55,000 for a spacious 3 BHK having a plot area of 2800 sq ft.

Market Trends

The Gill Nagar property market shows positive trends, with rates increasing by 25.32% in the past year. This boost means it’s a good spot for buyers and sellers alike, suggesting profit from investments in this area.

Neighborhood and Accessibility

Gill Nagar lies within the larger Choolaimedu, which links well to other parts of Chennai, so it's convenient for those needing easy city travel.

PropertyWala's Conclusion

Real estate-wise, Gill Nagar, Chennai, offers something for everyone. With mixed property types, a hopeful market, and great location, it balances affordable prices with growth. Whether for a fancy 3 BHK apartment or a budget-friendly choice, Gill Nagar holds promise for your real estate goals.