Overview of Maduvinkarai, Chennai

Location and Connectivity

• Maduvinkarai lies in the Guindy part of Chennai, within its southern suburbs.
• The place is linked well to key roads and highways, especially the Grand Southern Trunk Road (GST). That boosts its convenience.

Property Prices and Trends

• Starting property prices in Maduvinkarai are about Rs. 6,711 per sqft. The average stands at Rs. 15,690 per sqft. Most pricey properties hit Rs. 20,326 per sqft.
• Property values have grown by 2.16% year-over-year (YoY), displaying a favorable trend for buyers and sellers alike.

Types of Properties Available

• Residential Plots: Many residential plots here vary. Smaller ones of roughly 700 sqft up to over 7,000 sqft exist. These plots support building multiple floors (usually 1 to 5 floors based on the plot).
• Independent Houses: Separate houses and those with multiple units are found. These range from 2,100 sqft to larger areas and come in various styles such as 3 BHK, 2 BHK, and 1 BHK setups.
• Apartments: With a main focus on independent houses and plots, there are also a few apartment choices nearby.

Amenities and Infrastructure

• Educational Institutions: Schools like Aalpha School are readily within 1-2 km. That’s great for families with kids.
• Healthcare: There’s PonMalligai Hospitals Pvt.Ltd nearby, offering convenient access to medical care.
• Transportation: Close to St. Thomas Mount Railway Station, the area has good road connectivity with multiple bus routes and auto services.
• Local Landmarks: Notable landmarks include shopping zones, temples, and community centers, enhancing life here.

Investment and Rental Potential

• Maduvinkarai is great for investment due to rising property prices and high demand.
• Rental potential is high too, with monthly rental income of around ₹40,000 for multiple-unit houses.

PropertyWala's Summary

If you’re hunting to buy or rent in Maduvinkarai, Chennai, it shines with affordability, good connectivity, and amenities. Its positive trends in property prices, and a mix of property kinds, make it appealing for investors and everyday users. Proximity to schools, medical centers, and transportation hubs means Maduvinkarai makes for a convenient, comfortable life in Chennai.