Overview of Kamaraj Nagar, Chennai

Location and Development

Kamaraj Nagar is in the Perungudi area of Chennai and is a well-developed neighborhood. It is mainly known for its planned developments, making it an attractive option for those looking for secure and well-planned residential properties.

Property Types and Pricing

• Kamaraj Nagar’s mix of residential properties includes apartments and plotted developments.
• Some apartments here are 5-10 years old and priced around Rs. 5,700 per square foot. These typically cost about Rs. 60.99 lakhs.

Amenities and Facilities

• The area provides many facilities required at the neighborhood level.
• Residents have access to schools, hospitals, shopping centers, and other community services.

Property Tax and Valuation

• The Greater Chennai Corporation’s Basic Street Rates (BSR) set property valuation and taxation baselines.
• These rates change depending on location and property size. For instance, different rates apply to properties of 600 sq.ft, 601-1200 sq.ft, 1201-1800 sq.ft, and above 1800 sq.ft.

Connectivity and Infrastructure

• Kamaraj Nagar has good links to other areas of Chennai, helping commuters.
• It’s also well-connected by road and public transport, adding to its charm for buyers and renters.

Pros and Cons

Pros

• Secure and Well-Developed: It has security and well-planned construction.
• Amenities: Residents enjoy accessible schools, hospitals, and shopping centers.
• Connectivity: Connectivity to other parts of Chennai makes it a great choice.
• Variety of Properties: A wide selection of residential properties.

Cons

• Pricing: Even though affordable, prices are higher than other parts of Chennai.
• Traffic: Traffic is often heavy during peak hours.

PropertyWala's Conclusion

Kamaraj Nagar in Chennai provides a blend of security, amenities, and good links, making it an appealing option for property buyers and renters. It may have a higher price compared to some places, but its living quality and infrastructure make it a solid choice. Buyers and renters should consider the pros and cons, but Kamaraj Nagar stands out as a great decision for real estate.