Madipakkam, Chennai

About

Madipakkam Overview, Chennai

Location and Connectivity

In southern Chennai, Madipakkam boasts closeness to key areas like Velachery and various IT firms on the Old Mahabalipuram Road (OMR). This spot makes it the perfect place for IT pros and people needing easy access to major city hubs.

Property Prices
  • Starting property prices in Madipakkam are around Rs. 2,333 per sqft, with the average going about Rs. 6,781 per sqft.
  • Flat prices move from Rs. 5,600 to Rs. 8,150 per sqft. Land rates range between Rs. 6,150 to Rs. 9,250 per sqft, and builder floor prices vary from Rs. 5,100 to Rs. 6,750 per sqft.
Property Types and Availability
  • Madipakkam features properties like apartments, independent houses, and villas in diverse sizes and layouts.
  • We find over 884 properties for sale, popular options including 1 BHK, 2 BHK, and 3 BHK flats.
Rental Prospects
  • Options for renters include semi-furnished and unfurnished apartments and independent houses.
  • Rental prices look like this:
    • For 1 BHK apartments, leases cost around Rs. 7 lakhs or monthly rents of ₹22,000 - ₹25,000.
    • Monthly rentals for 2 BHK apartments are around ₹23,000.
    • 3 BHK independent houses can cost up to Rs. 20 lakhs or monthly rents around ₹25,000.
Social Infrastructure and Amenities
  • The location has plenty of schools, hospitals, markets, and railway stations.
  • Properties usually include amenities like corporation water, drainage facilities, lifts, 24*7 power backup, security, CCTV, and sometimes more like swimming pools and club houses.
Price Trends and Appreciation
  • Property rates in Madipakkam are constantly rising:
    • Up 5.35% last year.
    • Increased by 7.5% over three years and 19.4% in five years for flats.
    • In the long run, a 37.2% bump over 10 years for flats.
Upcoming Infrastructure
  • The area rides the benefits from being near expanding IT hubs and infrastructure developments to come, enhancing its appeal to buyers and tenants.

PropertyWala's Conclusion

In bottom line Madipakkam, Chennai, stands out for buyers and renters alike thanks to its strategic spot, affordable property rates, and strong social infrastructure. Steady price appreciation and upcoming infrastructure mean it's a good bet for investment. Whether you've got a spot as an IT pro or as someone hunting for long-term returns on an investment, Madipakkam offers a good mix of affordability, perks, and growth chances.

Reviews

Madipakkam is fast developing area. There are lot of residential construction is going on.
Reputed builders choosing this area for their projects. Cost of land is affordable here.

Pros
  • Suitable for Investment in properties
  • Schools, banks, transport are good in this area
  • IT companies area easy access
Cons
  • During rain season flood in some area
  • Ground water salt in most of area
  • Number of buses less
Madipakkam, Chennai is rated 5 out of 10 based on 1 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.

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Projects

Vigneshwara Kasthuris Grandeur - Madipakkam, Chennai

Vigneshwara Kasthuris Grandeur

Madipakkam, Chennai

  • Completed
  • Aug, 2022

experience the comfort of heaven

: Vigneshwara Kasthuris Grandeur is located at Madipakkam, Chennai. The project offers 3 Bhk apartments having 1 building and it has 10 units with lots of amenities.
MGP Trinity - Madipakkam, Chennai

MGP Trinity

Madipakkam, Chennai

  • Completed
  • Jan, 2017

Luxurious and extravagant homes

: MGP Trinity presented by MGP Builders and Developers Pvt Ltd offers 3 Bhk residential villa Villa available in Madipakkam, Chennai
MGP Elite Villas - Madipakkam, Chennai

MGP Elite Villas

Madipakkam, Chennai

  • Started
  • Aug, 2016

3 BHK apartments for sale in MGP Elite Villas

: MGP Elite Villas presented by MGP Builders and Developers Pvt Ltd with 3 BHK apartments for sale in Madipakkam, Chennai

Sale Properties

3 Bedroom Apartment for sale in Madipakkam, Chennai
₹ 1.16 Cr

3BHK Flat for sale in Madipakkam

₹ 1.16 Cr

  • 1,509 SqFeet
  • ₹7,687/SqFeet
  • Immediate

Madipakkam, Prime Location, 3bhk Spacious flat for Sale

: Spacious Flat for sale in Madipakkam Near to Schools, Hospitals, Super Market, Pharmacy and Restaurants Very near to 100 feet road and Railway station and bus stand Near to Sports academy..
₹ 2 Cr

Residential Plot for sale in Madipakkam

₹ 2 Cr

  • 2,400 SqFeet
  • ₹8,333/SqFeet
  • Immediate

Approved land in madipakkam near to velachery rail station

: Very good north facing plot measuring 30*80 of 2400 sqft in madipakkam ram nagar north very near to main road and 1 km from velachery rail station cmda approved in 30 feet road, surrounded by apartments bungalows opp site road of sri ramar temple,air port 8 kms,water and drainage available...
2BHK for sale in Casa Grand Aristo, Alandur, Chennai
₹ 65 L

2BHK Flat for sale in Alandur

₹ 65 L

  • Casa Grand Aristo
  • Immediate
  • 576 SqFeet
  • ₹11,285/SqFeet

Apartment / Flat

: Casa Grande Aristo is a residential project by Casa Grande Private Limited which offers 2, 3 & 4 Bhk apartments available at Pazhavanthangal,Alandur, Chennai.
3BHK for sale in Casa Grand Aristo, Alandur, Chennai
₹ 1.6 Cr

3BHK Flat for sale in Alandur

₹ 1.6 Cr

  • Casa Grand Aristo
  • Immediate
  • 1,418 SqFeet
  • ₹11,285/SqFeet

Apartment / Flat

: Casa Grande Aristo is a residential project by Casa Grande Private Limited which offers 2, 3 & 4 Bhk apartments available at Pazhavanthangal,Alandur, Chennai.
4BHK for sale in Casa Grand Aristo, Alandur, Chennai
₹ 2.89 Cr

4BHK Flat for sale in Alandur

₹ 2.89 Cr

  • Casa Grand Aristo
  • Immediate
  • 2,568 SqFeet
  • ₹11,235/SqFeet

Apartment / Flat

: Casa Grande Aristo is a residential project by Casa Grande Private Limited which offers 2, 3 & 4 Bhk apartments available at Pazhavanthangal,Alandur, Chennai.
8BHK for sale in GRN Fair Oaks, Nanganallur, Chennai
₹ 5 Cr

8BHK Flat for sale in Nanganallur

₹ 5 Cr

Apartment / Flat

: The building will be constructed over a plot of 6840 Sq.ft. (2 Grounds and 2040 Sq.ft.) at New Door No.8, Old Door No.48, 6th Main Road, Nanganallur, Chennai.Construction of 8 Deluxe Residential Flats – with Three Bedrooms.

Rental Properties

2 Bedroom Apartment for rent in Madipakkam, Chennai
₹ 18,000

2BHK Flat for rent in Madipakkam

₹ 18,000

  • 900 SqFeet
  • ₹20/SqFeet
  • Immediate

East facing - Brand new renovated 2 BHK House for Rent in Sadasivam Nagar, 4th Cross, Madipakkam

: East facing - Brand new renovated 2 BHK House for Rent in Sadasivam Nagar, 4th Cross, Madipakkam East facing - Brand new renovated 2 BHK House for Rent in Sadasivam Nagar, 4th Cross, Madipakkam Looking for a comfortable and well-located rental property in Madipakkam? We have just the ...

Price Trends

Also known as: Keelkattalai Ponniyamman Koil, Sairam Street
Locality ID
A721112524
PinCode
600042