Overview of Kalakshetra Colony, Chennai

Location and Amenities

Kalakshetra Colony is in Besant Nagar, Chennai, one of the top residential areas in the city's southernmost part. The area is close to landmarks such as Elliotts Beach, Ashtalakshmi Temple, and Arupadai Veedu Murugan Temple, providing peace alongside urban ease.

Property Prices

Properties here start at around Rs. 17,096 per sqft, with an average of Rs. 20,434 per sqft. Prices can vary significantly; for example, a 2 BHK apartment might be around Rs. 10,154 per sqft. Luxury homes and standalone houses range from Rs. 6 crore to Rs. 16.5 crore, depending on amenities and size.

Types of Properties

• Apartments: Choices include Hiranandani Bayview, Blessed Hope, and KGEYES Eternity. These come with features like modular kitchens, woodwork, and covered parking.
• Independent Houses: These luxury residences include multiple bedrooms and bathrooms, often set on big plots with parking. Prices can range from Rs. 6 crore to Rs. 13 crore.
• Residential Plots: Ideal for home builders, plots are available from 2580 sqft to 4800 sqft.

Connectivity

The area is connected to major roads and public transport. There are nearby bus depots, and it’s close to ECR (East Coast Road) and other key spots in Chennai.

Infrastructure and Facilities

Kalakshetra Colony boasts solid structure and features like power backup, elevators, and kids' play areas in many complexes. It’s also near schools, hospitals, and clinics, making life easier.

Rental Options

Renters can choose from fully furnished and unfurnished apartments. For example, a 1 BHK flat might cost around ₹12,000 per month with a deposit of ₹1 lakh.

Market Trends

Property prices in Kalakshetra Colony fell by 5.33% over the last year. This drop might help buyers and investors make wise choices.

PropertyWala's Conclusion

Besant Nagar’s Kalakshetra Colony presents a peaceful and high-end living space with great connectivity and amenities. Whether buying or renting, the area shows lots of choices from budget to premium homes. Despite a recent price drop, it's still a sought-after spot, thanks to nearby landmarks and good living experiences. Thus, Kalakshetra Colony stands out for property seekers and real estate investors.