Overview of Lakshimi Colony, Chennai

Location

Lakshimi Colony is located in the T Nagar area of Chennai, one of the city's most prestigious and sought-after parts. T Nagar is famous for its bustling market, shopping centers, and great connectivity to other parts of Chennai.

Property Prices

Property prices in Lakshimi Colony, T Nagar, are fairly high due to its prime location and high demand.

• The average price per square foot is around Rs. 19,290.

Types of Properties

• Three-Bedroom Homes: Available in various forms such as 3 BHK and 3.5 BHK units. Prices range from ₹2.34 Cr to ₹5.6 Cr for a 3000 sq.ft area.
• Apartment Units: Some builder floor apartments also exist, especially in places like Lakshmi Apartments.

Amenities and Infrastructure

• Shopping and Entertainment: The area is near major shops, restaurants, and entertainment venues.
• Transportation: With easy access to public transport, including buses and metro lines.
• Schools and Hospitals: Closeness to top schools and hospitals makes it great for families.

Rental Market

Rental prices for Lakshimi Colony aren’t detailed, but the competitive demand for property in T Nagar suggests a lively market. Renters can expect a mix of apartments and independent floors, though prices will likely be on the high side due to the neighborhood's popularity.

PropertyWala's Insight

In T Nagar, Chennai, Lakshimi Colony stands out as a prime spot for buying or renting. The area’s desirability is shown by the high property prices, along with access to top-tier amenities and excellent connectivity. Potential investors need to expect a large investment. If you're looking for luxury in a vibrant, convenient area, Lakshimi Colony is definitely worth considering.