Overview of Manimangalam, Kanchipuram

Location and Connectivity

Manimangalam, in the Kanchipuram district near Chennai, offers both suburban peace and urban connectivity. This area is well connected to major hubs in Chennai, making it ideal for commuters and those wanting a tranquil lifestyle.

Property Prices and Trends

• Average Price per Sqft: Currently around ₹7,161 per sqft.
• Price Range: It ranges from ₹1,195 per sqft to ₹14,477 per sqft, fitting many budgets.
• Year-over-Year Growth: Property values have increased by 5.86% in the past year, denoting a positive trend for investors and buyers.

Types of Properties Available

• Residential Plots: Different sizes and prices available, starting around ₹1,499 per sqft. Options exist across budgets, from less than 20 lakhs to over 50 lakhs.
• Resale Houses: Both semi and fully furnished resale houses are on offer, beginning at ₹2.5k per sqft for a 500 sqft property.
• Rentals: Houses and villas are also available for rent; prices start at around ₹8,000 per month for a bachelor room to larger villas.

Amenities and Infrastructure

• Modern Facilities: Excellent connectivity and modern amenities, plus a peaceful atmosphere, making it perfect for families.
• Proximity to Essentials: Manimangalam has nearby schools, hospitals, shopping centers, and public transport, improving residents' quality of life.

Market Suitability

• For Investors: The rising property rates and growth make this a good area for investment.
• For End-Users: Various property types cater to different budgets, along with the area's amenities and connectivity.

PropertyWala's Conclusion

Manimangalam, Kanchipuram, serves as a strong real estate chance, combining affordable prices, modern amenities, and solid market growth. Whether you're an investor seeking good returns or an end-user looking for a comfortable and connected home, Manimangalam offers choices that suit a variety of financial plans and needs. The increasing property values highlight the area's promise for long-term investment and living.