Overview of Iyer Bungalow, Madurai

Location and Accessibility

• Iyer Bungalow is located centrally in Madurai, Tamil Nadu. This central position makes it highly accessible for anyone seeking convenient access to key points of interest and daily amenities.
• People living here have easy access to key spots like schools, colleges, and temples such as the Alagar Perumal Temple.

Property Types and Availability

• The area features a range of property types, from standalone houses to lavish villas and flexible residential plots.
  • Independent Houses: These are available in different layouts such as 2, 3, 4, and 5 BHK. Often market-ready, they come with modern features, elegant interiors, and attractive facades.
  • Villas: There are luxurious villas boasting multiple bedrooms and bathrooms. Some are duplex structures and feature exclusive additions like gardens and stylish front gates.
  • Residential Plots: These come in varying sizes, ideal for those planning to build a new home. Many plots offer favorable dimensions and affordable initial costs.

Pricing and Value

• Property Rates:
  • In Iyer Bungalow, properties start at about Rs. 833 per square foot and average around Rs. 4,593 per square foot.
  • Independent homes or luxury villas can range from Rs. 47 Lac to Rs. 1.44 Crore, depending on their square footage, amenities, and location.
• Residential Plots:
  • Plot prices start at around Rs. 1.3 Lac for smaller areas, with larger areas available at higher prices.

Amenities and Facilities

• Properties within Iyer Bungalow normally include modern facilities like:
  • Rain Water Harvesting Systems
  • Adequate parking spaces
  • Vaastu-compliant designs
  • Well-constructed and planned outdoor spaces
  • Reliable ground water systems
  • Easy access to educational institutions and public transport.

Legal and Approval Status

• Many properties are sanctioned by the Development Authority or the City Municipal Corporation. This guarantees legal compliance and adherence to local rules.

PropertyWala’s Final Thoughts

Iyer Bungalow presents a top-notch choice for anyone looking to buy or rent property in Madurai. It offers both luxurious and budget-friendly housing options with well-furnished, amenity-rich homes. Its strategic location, close to key points, and modern features make it a tempting choice for investors and everyday homeowners alike. However, keeping an eye on current price trends and market conditions would help in making educated decisions. With its prominent location and diverse property offerings, Iyer Bungalow stands out as a top contender in the real estate market.