Lakshmi Nagar, Madurai
About
Overview of Lakshmi Nagar, Madurai
Location
Lakshmi Nagar is found in EB Colony, Iyer Bungalow, in Madurai District of Tamil Nadu, India. Nestled in the greater Madurai city, this neighborhood offers easy reach to many amenities and services.
Property Options
For Sale
- Residential Plots and Land: You can find several plots for sale in Lakshmi Nagar, varying in size from 1000 sqft to much larger sizes. Prices range from ₹10 Lac to ₹25 Lac or higher, depending on the plot's size and location.
- Independent Houses: Various houses are available, mostly featuring 2-4 bedrooms and ranging in size from 1000 sqft to 1500 sqft. These houses cost between ₹75 Lac and ₹99 Lac. The cost per sqft lies between ₹5,000 to ₹6,538.
- Flats: Lakshmi Nagar also lists flats, including 3 BHK flats with sizes around 1750 sqft, priced at around ₹99 Lac.
For Rent
- Builder Floors and Independent Houses: For rent, you will find builder floors and standalone houses. For instance, a 2 BHK builder floor with 1000 sqft can be rented for about ₹15,000 a month.
Amenities and Infrastructure
- Proximity to Services: Being part of the larger Madurai city makes Lakshmi Nagar close to schools, hospitals, essential services, and shopping centers.
- Local Facilities: Although specifics might change, local markets, parks, and other community facilities are likely present.
Price Trends and Investment
- Price Breakup: Property prices in Lakshmi Nagar vary a lot based on size, location, and property type. Residential plots and land come at different price points, making them appealing for both end-users and investors.
- Investment Potential: Its strategic location and potential for future growth in property appreciation make it a good investment option.
PropertyWala's Conclusion
Lakshmi Nagar in Madurai features a wide range of real estate choices. Its close access to key amenities, various property types, and potential investment growth make it appealing for buyers and renters. Remember, comprehensive research and visiting the area are needed for making any sound decisions.
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Price Trends
- Locality ID
- A461911123
- PinCode
- 625016