Overview of Jafferkhanpet, Chennai

Locality and Fame

Jafferkhanpet stands out in Chennai. It's famous for its strategic location and real estate options. This area fits seamlessly into the city's urban scene, making it appealing for both buyers and renters.

Housing Choices

• Flats: Many are available in options like 1 BHK, 2 BHK, and 3 BHK flats.
• Builder Floors: These are also on offer, sometimes in mixed sizes and layouts.
• Single Houses/Villas: These spacious homes can be found in this neighborhood.

Pricing

• Starting Price: Prices in Jafferkhanpet begin around Rs. 5,158 per sqft.
• Average Price: You can expect to pay around Rs. 8,542 per sqft on average.
• Price Range: For flats, the prices range from Rs. 7,000 to Rs. 11,100 per sqft. Builder floors cost between Rs. 4,600 to per sqft.
• Most Expensive: Top-end homes in this range hit up to Rs. 14,234 per sqft.

Trend and Value Growth

• Past Appreciation: Property values in Jafferkhanpet have gone up by 43.9% in the last decade.
• New Developments: There's consistent price increase in this area, which suits both buyers and sellers.

Price Brackets

• Affordable Zone: Homes here fit within the ₹40 Lac to ₹60 Lac bracket, perfect for those on a budget.
• Middle Range: Many homes in range of ₹60 Lac to ₹80 Lac.
• Top Tier: Luxury homes start above ₹1 Crore.

Amenities and Features

• Secured Areas: Many houses here belong to secured gated communities.
• Facilities: These areas usually feature facilities like maintenance services and options for fully or lightly furnished properties.

PropertyWala's Summary

Jafferkhanpet offers a good mix of property options, steady rise in prices, and strategic location. It covers affordable, middle-class, and luxury homes, fitting various budgets and tastes. With well-built infrastructure and secure living zones, Jafferkhanpet is a great place for investment and living in Chennai.