Overview of LB Road

The LB Road area, or Lattice Bridge Road, stands out as a prime commercial and residential hub in Chennai, specifically in its Adyar and Thiruvanmiyur sections.

Highlights

• Connections: LB Road is a link for Adyar and Thiruvanmiyur’s commercial centers, offering great links to other key parts of Chennai. It's also close to the Old Mahabalipuram Road (OMR or Rajiv Gandhi IT Highway) and the East Coast Road (ECR) leading to Pondicherry.
• Facilities: This area features many necessary amenities like S2 Thyagaraja Theater, Kalakshetra Foundation, Thiruvanmiyur Bus Depot, Tidel Park, and numerous IT parks. Nearby hospitals, including Impcops Hospital, make healthcare easy to access.
• Schools: Major educational institutions such as SUNBEAM Matric Higher Secondary School, St John's Universal School, and American International School are located close by.

Types of Properties

• Residential: The area, with its mix of new and old buildings, suits multistory apartments and standalone houses. Some properties are undergoing renovations to stay modern.
• Commercial: Hospitals, hotels, IT parks, malls, and theaters all thrive here due to its prime spot and high traffic.

Cost of Properties

• Land: A large plot here like the 66 grounds (3.63 acres) on offer is valued roughly at Rs. 3.25 Crores per ground, totaling around Rs. 214.5 Crores for the whole plot.
• Residential Prices: In Adyar, containing LB Road, properties range from Rs. 5,882 to Rs. 28,666 per square foot, on average costing Rs. 16,259 per square foot.

Rental Choices

• Apartments: You can get several rented options, such as a 3 BHK semi-furnished apartment, priced around ₹20,000 a month. It comes with car and bike parking, security, and near key services.

Quality of Life and Infrastructure

• Public Transit: Even though the area is highly connected, public transport gets a low score, 0.7 out of 10, suggesting personal cars or private rides might be better.
• Livability Score: The area scores 3.9 out of 10 in livability, showing its handy locations to essentials and services.

PropertyWala’s Thoughts

LB Road in Chennai mixes top-notch commercial and residential settings. Its perfect links, key amenities, and both residential and commercial potential make it appealing to both investors and home buyers. Shoppers need to check the property prices though and consider transport options because public transit gets a low score. Still, it’s highly sought after for a busy life and smooth-running services.