Overview of Kelambakkam, Chennai

Location and Accessibility

• This locality in Chennai is well-known for its strategic location. Not far from the Old Mahabalipuram Road (OMR), this hub houses many IT companies and professional jobs. We can also expect benefits from plans to expand Chennai Metro, boosting property values.

Property Rates and Trends

• In Kelambakkam, property starting prices hit about Rs. 1,699 per sqft, while the average is Rs. 5,402 per sqft. That's a range from Rs. 3,318 to Rs. 8,142 per sqft.
• Per another source, the usual flat prices are Rs. 4,500-4,800 per sqft. The land costs from Rs. 3,250-4,800 per sqft. Builder floor prices sit between Rs. 4,950-6,550 per sqft.

Types of Properties

• You can find:
  • Apartments
  • Independent Houses
  • Villas
  • Plots available in various sizes.

Long-term Price Appreciation

• Since 10 years ago, flat pricing has gone up by 7.1%, and land has grown by 8.6%.

Amenities and Facilities

• In Kelambakkam, like in PBEL City Chennai, we find many top-quality amenities:
  • Well-equipped libraries
  • Onsite restaurants
  • Fully-loaded gyms
  • Shop convenience stores nearby.
  • Lawns
  • Banquets and meditation halls
  • Play areas for kids
  • Olympic-sized swimming pools
  • Cricket grounds set to international standards
  • Tennis courts with multi-turf
  • Courts for badminton, basketball, skating, volleyball, and table tennis.

Rental Market

• For renters choosing apartments or standalone homes, prices go from ₹10,000 to ₹60,000 monthly. This depends on size and amenities.

PropertyWala's Conclusion

Kelambakkam in Chennai stands as a great prospect for both buyers and renters in real estate. Its strategic spot near job hubs and upcoming infrastructure plans make it a hot choice. A range of properties from affordable to luxurious plus the presence of modern amenities make it attractive. Price improvements over time suggest both a stable and rewarding investment. Whether buying or renting, Kelambakkam provides the right mix of urban features and high-quality living standards.