Overview of LIC Colony, Tiruchirappalli

Location and Connectivity

• LIC Colony is in a prime spot in Tiruchirappalli, making it well-connected to key areas.
• The colony is close to Trichy Airport about 6 km away, Panjapur bus stand 7 km away, and Trichy railway station 12 km away.
• Educational spots like MIET College and Sacred Heart CBSC School, along with hospitals, colleges, and temples, are all nearby.

Amenities and Facilities

• The area has essential amenities like D-mart, supermarkets, and parks.
• It's near main roads and has easy access to public transportation.
• Schools, hospitals, and other key services enhance the colony's appeal.

Property Types and Price Range

For Sale

• Most properties are residential plots making up around 63% of the total, with prices from ₹40 Lac to ₹60 Lac. Residential houses and villas are also available, with 3 BHK being most common.
• Price ranges:
  • ₹40Lac - ₹60Lac: 63% of properties
  • ₹60Lac - ₹80Lac: 25% of properties
  • ₹1.6Cr - ₹1.8Cr: 13% of properties.

For Rent

• The most rented properties are 2 BHK residential houses, around 80% share.
• Rent ranges:
  • ₹5K - ₹10K: 60% of properties
  • ₹10K - ₹15K: 40% of properties.

Property Specifications

• Plots are often DTPC approved, east-facing near main roads and bus stands.
• Houses and villas range from 1 BHK to 3 BHK, with built-up areas from 600 sqft to 1710 sqft.
• Some ready-to-move-in houses come with covered car parks, balconies, and solar water heaters.

Builder and Project Overview

• No major projects in LIC Colony itself.
• However, nearby areas have projects by reputable builders like MKB Homes and Jeyam Builders.
• They're known for high-quality and high-rise constructions, offering a range of residences and commercial properties.

Owner and Renter Feedback

• Owners and renters have praised the area for its connectivity, proximity to services, and quality of life.
• Residents consider it a "very good residential area" that's "best for business" thanks to its main road location and accessibility.

PropertyWala's Conclusion

LIC Colony in Tiruchirappalli stands out as a good choice for both buyers and renters. It boasts excellent connectivity and useful amenities, along with a diverse range of property types. Its closeness to airports, bus stands, schools, and hospitals makes it a smart pick for convenience and quality life. Whether you are hunting for a plot, a home, or a villa, LIC Colony provides the perfect mix of affordability and convenience, ensuring a solid investment or rental option.