Overview of Kazhipattur, Chennai

Kazhipattur, situated in the outskirts of Chennai, is a rapidly growing real estate zone presenting both affordability and convenience alongside modern amenities. Let's break down several key points for considering property buying or renting in this locality:

Price Trends

In Kazhipattur, the property prices have declined significantly in the last year. Over 21.69% of property rates have dropped.

• Prices start at around Rs. 3,804 per square foot, but the average hovers at Rs. 4,783 per square foot.
• Depending on the exact project and its amenities, prices range from as low as Rs. 3,697 per square foot to as much as Rs. 6,000 per square foot.

Types of Properties

Kazhipattur boasts a diverse range of properties, including apartments, standalone houses, and villas.

• Various apartment configurations are available, such as 2, 3, and 4 BHK units. Many projects are under construction with some already ready for immediate occupation.
• Estates like Prakriti and Stans Elite feature contemporary designs, spacious living areas, and myriad lifestyle amenities.

Amenities and Infrastructure

Kazhipattur is strategically situated for easy access to key IT hubs and other vital areas of Chennai.

• It’s near the Old Mahabalipuram Road (OMR), an important IT corridor, making it ideal for tech-sector professionals.
• The area also neighbors educational institutions, medical centers, and shopping hubs like Marina Mall and Vivira Mall.

Rental Options

If renting, Kazhipattur offers apartments that are fully or semi-furnished.

• Usually, a typical 2 BHK fully furnished flat might cost around ₹28,000 monthly with flexible rental conditions and a possible security deposit of ₹75,000.

Investment Potential

Kazhipattur is an up-and-coming suburban area with strong real estate investment prospects.

• With falling property prices and favorable infrastructure and connectivity, it’s a prime spot for potential long-term property value appreciation.

PropertyWala's Verdict

Kazhipattur is a strong pick for both buyers and tenants alike. Offering affordable prices, modern conveniences, and a key location, it appeals to those looking for a comfortable, convenient living experience. Proximity to IT hubs, schools, and medical facilities plus the current low rates and growth possibilities highlight Kazhipattur as a smart investment for newcomers to the Chennai real estate market.