Mambakkam, Chennai

About

Overview of Mambakkam, Chennai

Mambakkam, situating south of Chennai, blossoms as a residential spot blending affordability, connectivity, and facilities, appealing to both buyers and renters.

Property Prices

  • Average Price per Sq. Ft.: Around Rs. 5,109 per sq. ft. in Mambakkam. Yet, for flats, the average transaction price is around Rs. 4,700 per sq. ft. again per another source..
  • Price Range: There, properties sell from Rs. 2,125 to Rs. 7,462 per sq. ft..
  • Year-on-Year Growth: Property prices have hiked by 8.73% recently. Flats specifically have seen a 3.3% increase in price.

Types of Properties

  • Flats/Apartments: Flats start from Rs. 3,000 per sq. ft. to Rs. 5,650 per sq. ft. The average sits at Rs. 4,700 per sq. ft..
  • Independent Houses: Prices hover around Rs. 1,850 per sq. ft..
  • Builder Floors: Starting at Rs. 4,950 per sq. ft..
  • Plots/Land: There has been a huge jump in land rates, reflecting a 52.9% price hike in the past year.

Amenities and Infrastructure

  • Schools and Colleges:

    • VIT Academic Block
    • Vellore Institute of Technology
    • The School - KFI
    • Jeppiar Engineering College
    • Sithalapakkam Government High School
    • Venkateswara Vidyalaya primary school
    • Professor Dhanapalan College For Women
    • St Joseph's College of Engineering
  • Hospitals:

    • Chettinad Health Centre
    • Sugam Hospital
    • Kathir Memorial Hospital
  • Transportation:

    • Roads connect well through Kembakkam-Vandalur Road and Mambakkam-Medavakkam Main Road.
    • Close to IT parks like Chennai One IT SEZ, Futura Tech Park, Shriram Gateway Office Parks, and ASV Suntech Park.
  • Other Amenities:

    • Temples nearby such as Sri Lakshmi Kuberar Temple, Irakalamman Hindu Temple, and Amman Kovil.
    • Shopping at places like AGS VIRA mall.
    • Quality roads and good connectivity.

Lifestyle and Environment

  • Pros:

    • Excellent public transport
    • Presence of good schools and colleges
    • Easy availability of cabs/autos
    • Nearby medical facilities
    • Well-connected roads.
  • Cons:

    • Common traffic jams
    • Little upkeep in parks and playgrounds
    • Poor street cleaning and garbage management
    • Limited malls and theaters.

Rental Insights

  • Average Monthly Rent: It varies from ₹15,000 to ₹18,000 for mid-grade properties and goes above ₹20,000 for premium options.

PropertyWala's Conclusion

Mambakkam, Chennai, blends affordability, connectivity, and amenities, offering an attractive option for investors and renters. While boasting quality public transport, good schools, and medical services, the area also faces issues like traffic jams and lack of public space upkeep. Rising property prices and growth hint at a bright investment future. Yet, buyers and renters should carefully consider these aspects to align choices with their needs and preferences.

Reviews

Close proximity to OMR , ECR and GST road. Colleges, hospitals and university .

Pros
  • Easy accesible to road.
Cons
  • None.

Mambakkam is having lots of intermediate Brokers who raise the price of the property by just adding their commissions, the actual property value is Rs. 950 per sq ft. but many property marketers are selling at a price of Rs. 1850. Be caution about these intermediate brokers and avoid unnecessary commissions.

Cons
  • High Priced by Intermediate Brokers for Commission

Mambakkam location is fast developing area in south Chennai.
This Location is situated at Vandalur to Kelambakkam road that is SH-121.

Pros
  • This area becomes mono rail station.
  • Developing at very fast pace.
Cons
  • There is no any negative aspects
Mambakkam, Chennai is rated 5 out of 10 based on 3 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.

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Projects

DABC Acacia - Mambakkam, Chennai

DABC Acacia

Mambakkam, Chennai

  • Starting
  • Dec, 2011

Residential Apartments

: Beautiful landscape with spacious 2 Blocks and over 140 Houses.There is an availability of 1, 2, 3 & 4 bedroom apartments with ultra modern fittings, spacious designs, a great flow of light and air and all other amenities.

Sale Properties

2BHK for sale in Casagrand Suncity, Melakottaiyur, Chennai
₹ 43 L

2BHK Flat for sale in Melakottaiyur

₹ 43 L

  • Casagrand Suncity
  • Immediate
  • 1,062 SqFeet
  • ₹4,049/SqFeet

Apartment / Flat

: Casagrand Suncity is located in the heart of Kelambakkam - Vandalur Main Road, Melakottaiyur, Chennai offers 2,3&4 BHK apartments with various facilities.
4BHK for sale in Casagrand Suncity, Melakottaiyur, Chennai
₹ 1.05 Cr

4BHK Flat for sale in Melakottaiyur

₹ 1.05 Cr

  • Casagrand Suncity
  • Within 2 Years
  • 2,573 SqFeet
  • ₹4,081/SqFeet

Apartment / Flat

: Casagrand Suncity is located in the heart of Kelambakkam - Vandalur Main Road, Melakottaiyur, Chennai offers 2,3&4 BHK apartments with various facilities.
3BHK for sale in Casagrand Suncity, Melakottaiyur, Chennai
₹ 65.03 L

3BHK Flat for sale in Melakottaiyur

₹ 65.03 L

  • Casagrand Suncity
  • Within 2 Years
  • 1,712 SqFeet
  • ₹3,798/SqFeet

Apartment / Flat

: Casagrand Suncity is located in the heart of Kelambakkam - Vandalur Main Road, Melakottaiyur, Chennai offers 2,3&4 BHK apartments with various facilities.
3BHK for sale in Casagrand Suncity, Melakottaiyur, Chennai
₹ 50.45 L

3BHK Flat for sale in Melakottaiyur

₹ 50.45 L

  • Casagrand Suncity
  • Within 2 Years
  • 1,328 SqFeet
  • ₹3,799/SqFeet

Apartment / Flat

: Casagrand Suncity is located in the heart of Kelambakkam - Vandalur Main Road, Melakottaiyur, Chennai offers 2,3&4 BHK apartments with various facilities.

Price Trends

Locality ID
A682111004
PinCode
600048