Overview of Masthanpatti, Madurai

Location and Accessibility

• Masthanpatti enjoys a strategic spot in Madurai, connecting easily to the city's key areas.
• The area is near significant landmarks and services like schools, hospitals, markets, and transportation centers.

Property Types and Availability

• Masthanpatti offers different residential plots and lands for sale, matching various budgets.
• Price ranges from around Rs. 1.10 lakhs to Rs. 11 lakhs per cent, depending on plot size and amenities.

Amenities and Infrastructure

• Properties here typically feature essential amenities such as corporation water, drainage, visitor parking, parks, CCTV, and robust security. Some plots are in gated communities, offering top-tier safety.
• The area is fully developed with roads, a bus transport system, and is close to schools, hospitals, and other vital services.

Approval and Financing

• Most plots in Masthanpatti are sanctioned by the DTCP (Directorate of Town and Country Planning) and also approved by major banks like ICICI, SBI, HDFC, LIC, and IDBI. This makes financing options straightforward.

Plot Details

• Plot sizes differ from roughly 436 sq. ft. up to bigger areas, some facing desirable directions based on Feng Shui and Vastu principles.
• Corner plots and plots with boundary walls are available, which adds to property appeal.

Rental Options

• The main focus here is on sale plots, but the surrounding areas in Masthanpatti offer rental houses, though they might be rare in the specific locality. Nearby regions have a variety of rental choices, ranging from 1 BHK to 3 BHK houses.

PropertyWala's Conclusion

Masthanpatti in Madurai stands out for those eyeing real estate investments or dream homes. Good connectivity, essential amenities, and major bank approval make it a strong and convenient choice. The range of plot sizes and prices suits a variety of budgets and tastes. For prospective buyers, Masthanpatti offers an ideal combination of convenience, infrastructure, and potential for future growth, making it a wise choice for settling in Madurai.