Overview of Kalavakkam, Chennai

Location and Connectivity

Kalavakkam is a well-known residential area located in the southern part of Chennai. It's right along the Old Mahabalipuram Road (OMR). It’s easily accessible to important spots like Siruseri IT Park, Kelambakkam, and Thiruporur, making it a top pick for both locals and investors.

Property Prices and Trends

• Starting prices for properties in Kalavakkam begin at about Rs. 2,800 per sqft. On average, the cost is Rs. 3,712 per sqft.
• You might find prices ranging between Rs. 3,137 and Rs. 4,000 per sqft.
• The top-end properties can reach up to Rs. 5,079 per sqft.

Types of Properties Available

• Apartments:
  • 2 BHK flats price their range at ₹ 26.8 Lakh to ₹ 36.4 Lakh.
  • 3 BHK flats are priced from ₹ 35.2 Lakh to ₹ 46 Lakh.
• Plots and Villas:
  • Plots start around ₹ 33.75 Lac though details on villas may be less common.

Amenities and Infrastructure

• Living in Kalavakkam puts you close to schools, colleges, hospitals, and other important facilities, increasing its appeal as a residential zone.
• Its solid connectivity and proximity to major Chennai roads make Kalavakkam highly accessible.

Ongoing and Upcoming Projects

• New projects like Casagrand Southbrooke are coming up, featuring luxury apartments with top-tier facilities. These projects pass RERA approval and come with flexible payment options.

Rental Market

• If you're thinking of renting, 2 BHK flats come with rents varying from around ₹15,000 to ₹50,000 a month, based on location and added amenities.

PropertyWala's Conclusion

Located in Chennai, Kalavakkam stands out as a good real estate market, combining affordability with great connectivity and facilities. It’s especially appealing for IT sector workers, thanks to its proximity to Siruseri IT Park. From budget-friendly apartments to high-end luxury units, the variety in property types suits different budget levels and investment goals. Nonetheless, staying updated on current market trends and property prices helps make a wise decision, given real estate's changing landscape.