Overview of Golden George Nagar, Chennai

Golden George Nagar sits in Mogappair East, Chennai. It is a growing residential neighborhood providing a mix of affordability, handy amenities, and a strategic location, making it quite appealing for both homeowners and renters.

Property Prices

Real estate costs in Golden George Nagar differ significantly due to the wide range of housing options. Property prices begin at around ₹4,000 per square foot, with the average price floating around ₹8,389 per square foot. The pricing can climb to ₹17,142 per square foot for the most pricey properties.

Types of Properties

The area showcases various residential units, from apartments to flats. For example, a 2 BHK apartment in a place like KGEYES APOORVAA might cost close to ₹69 lacs for an 846 sq ft unit, with a price per square foot of ₹8,156. There are projects such as Oblong Vega 4 offering 2 BHK and 3 BHK flats with super-built areas from 818 sq ft to 1505 sq ft, costing between ₹77.71 lacs to ₹1.43 crores.

Rental Options

Renters will find many choices in Golden George Nagar. A 1 BHK flat might rent out from ₹14,000 to ₹28,000 each month, depending on the place and facilities. Most rentals come fully furnished and are in standalone buildings or apartment complexes.

Amenities and Infrastructure

This area has many nearby amenities. For example, there are supermarkets like Elahi Super Market and temples including Lakshmi Saibaba Temple. Plus, it’s near schools, hospitals, and other necessary services, making it a convenient place to live.

Price Trends

Property prices in Golden George Nagar have dipped by 14.88% over the last year. This could suggest it might be a good moment for investors and buyers to consider properties in this area.

PropertyWala's Conclusion

Golden George Nagar in Mogappair East, Chennai, offers a great combination of affordability, modern conveniences, and a strategic location. Whether you’re looking to buy a spacious 2 or 3 BHK apartment or rent a convenient 1 BHK flat, this neighborhood comes with many attractive choices. The current trend shows a price decline, making it a fair time for investment. However, it’s always wise to follow market trends and consult real estate experts to make an informed decision.