Overview of Kamaraj Salai, Pondicherry

Location and Amenities

• Kamaraj Salai is a key part of Pondicherry, boasting a strategic spot and access to a range of amenities.
• This area connects smoothly with other city parts, making it ideal for both residents and investors.

Property Price Trends

• Starting at roughly ₹5,789 per square foot, properties in Kamaraj Salai have an average cost of ₹5,492 per square foot.
• Over the past year, there has been a depreciation of around 4.65% in property prices, possibly presenting a good chance for prospective buyers.

Types of Properties Available

• Residential Apartments: Available in different layouts: 2 BHK, 3 BHK, and 4 BHK. For example, 3 BHK apartments range in price from ₹60 lac to ₹1 crore, while 4 BHK apartments generally go for about ₹79 lac.
• Villas: Available, though not as commonly found as apartments.
• Plots/Land: Residential land and plots are for sale, starting at ₹10,000 per square foot for larger plots.

Rental Options

• Those considering rent will find 2 BHK apartments available at rents around ₹18,500 per month.

Market Insights

• Many properties in Kamaraj Salai Ilango Nagar fall within the ₹60 lac to ₹1 crore price range, showing a blend of affordable and luxury options.
• This locality is favored for its balanced mix of residential and commercial activities, making it well-suited for both buyers and investors.

PropertyWala's Conclusion

Kamaraj Salai in Pondicherry is a great bet for real estate investment and residency. With its positive price trends, variety in property types, and strong connectivity, it stands out for people planning to buy or rent properties. Current market conditions, including the yearly price dip, suggest now is a good time to think about investing here. Nonetheless, it's important to do comprehensive research and talk to real estate professionals before making any choices.