Overview of KK Nagar, Chennai

KK Nagar, or Kalaignar Karunanidhi Nagar, is a carefully designed township in the southern part of Chennai. Let’s look into this area in detail from a real estate angle.

Location and Layout

• This small town consists of 15 sectors with 102 streets, arranged in a grid layout similar to Chandigarh.
• It falls under the Chennai Corporation’s jurisdiction.

Real Estate Market

• The market for real estate in KK Nagar is lively, featuring various residential properties, including 1 BHK, 2 BHK, and 3 BHK flats, along with villas.
• Property prices have been steadily rising, drawing interest for both investment and buying.

Property Prices

For Buying:

• Flat prices are from Rs 7,450 to Rs 13,850 per square foot.
• Land rates range from Rs 16,700 to Rs 22,350 per square foot.
• Builder Floor prices stand around Rs 7,700 per square foot.

For Rent:

• Rent for a 1 BHK flat is approximately Rs 7,500 per month.
• Renting a 2 BHK flat can be from Rs 16,500 to Rs 24,600 per month.
• For a 3 BHK flat, expect to pay Rs 39,999 to Rs 56,649 per month.

Infrastructure and Amenities

• Educational Institutions:

  • Santhome Higher Secondary School
  • P S Senior Secondary School
  • PS Higher Secondary School
  • M.C.T.M. Chidambaram Chettyar International School

• Shopping:

  • Popular malls include Gani Store, Luz Corner, Westside, and Citi Centre Mall.
  • Local markets are vibrant and bustling.

• Healthcare:

  • RSR Trinity Acute Care Hospital
  • C.S.I. Kalyani Multispeciality Hospital
  • St. Isabels Hospital
  • Sri Kumaran Specialty Hospital

• Dining:

  • Local eateries and renowned chains like Kaidi Kitchen Veg Restaurant, Vrindavan Restaurant, Kaaraikudi Chettinad Restaurant, and Ratna Cafe.

Connectivity

• Great road, rail, and metro links make KK Nagar a convenient place.

Residential Projects

• Noteworthy projects like Traventure Corner Stone, KCee Aaradhyam, Baashyaam Cloud Graze, and Aanirudh Sampurna offer modern amenities and comfortable living spaces.

Developers

• Top Chennai real estate developers include Traventure Homes Pvt. Ltd., KCee Properties, Baashyaam Group, and Aanirudh Promoters.

Price Appreciation

• In the past year, flat rates have gone up by 1.9%. Over the last 3 years, they have risen 29.7%. That’s a 28.9% increase over the last 5 years and a 20.9% appreciation in the last 10 years.
• Land rates have appreciated by 16.1% in the last year and 20.5% in the past 10 years.

PropertyWala's Conclusion

KK Nagar is a standout choice for both buyers and renters. Its well-planned layout, excellent infrastructure connectivity, and ample amenities make it fantastic. This area offers a spectrum of residential choices from budget to luxurious, with access to high-quality schools, hospitals, and shopping centers. The rising property prices make it a promising investment. Ultimately, KK Nagar offers a balanced and sophisticated lifestyle in Chennai.