Overview of Manali New Town, Chennai

Location and Connectivity

Manali New Town sits in the northern part of Chennai, providing excellent connectivity to other parts of the city. It offers smooth road, rail, and metro links, making it a top choice for those needing easy access to various parts of Chennai.

Property Options

• Independent Houses: Available in different configurations like 1 BHK, 2 BHK, and 3 BHK. Prices range from ₹22 lakhs for a 1 BHK to ₹47.5 lakhs for a 2 BHK, with built-up areas starting from around 420 sq.ft to 850 sq.ft.
• Residential Plots: There are more than 600 CMDA-approved residential plots available, a big plus for those looking to build their own homes. The plots are part of projects that offer clear titles and documents.

Amenities and Facilities

• Educational Institutions: Schools such as Government Higher Secondary School and Bala Vidyalaya are nearby.
• Healthcare: Facilities like Jeevan Jyothi Hospital and other 24-hour hospitals are within a few kilometers.
• Open Spaces and Infrastructure: The area includes green parks, wide tar roads, and ample open spaces, contributing to a pleasant living environment.

Price Range

The price range for properties in Manali New Town varies:

• Independent houses: ₹19.1 lac to ₹63.4 lac.
• Residential plots: Part of larger projects with detailed pricing not specified, but the overall range for independent houses gives an indication of the broader market prices.

Investment Potential

Manali New Town is seen as a coveted investment spot due to its strategic location and the natural expansion of Chennai city. The area is surrounded by active and potential micro-markets such as Minjur, Ponneri, Madhavaram, Thiruvottiyur, and Redhills, enhancing its investment potential.

PropertyWala's Conclusion

Manali New Town in Chennai offers a promising real estate opportunity, especially for those looking for well-connected and amenity-rich living spaces. With a range of property options, from affordable independent houses to residential plots, the area caters to various buyer needs. The strong infrastructure, proximity to essential amenities, and potential for future growth make Manali New Town an attractive choice for both homebuyers and investors.