Mathur Chennai Overview

Mathur, nestled in Chennai's northern fringe, offers a blend of amenities and affordable housing for people seeking to buy or rent.

Location and Connectivity

• Mathur adjoins regions like Kosapur, Edema Nagar, Manali, and Madhavaram.
• The locality boasts strong rail and road connections with proximity to Tiruvottiyur Railway Station and Voc Nagar Railway Station.

Property Types and Prices

For Sale

• We see a range of properties from residential plots to standalone homes and multistorey apartments.
• 35% of the properties for sale fall between ₹80 Lac to ₹1 Cr, while 24% range from ₹60 Lac to ₹80 Lac.
• Residential plots start at around ₹18.5 Lac and go up to ₹28 Lac.
• Standalone houses are priced from ₹40 Lac to ₹1.1 Cr, with an average price per square foot of ₹6,290.

For Rent

• Available rental properties include 1 BHK, 2 BHK, and 3 BHK apartments and houses.
• Mostly rental properties fall within the ₹5,000 to ₹10,000 per month bracket, with 33% above ₹10,000.
• Specific options include 1 BHK flats for ₹7,000 and 2 BHK houses for ₹8,000 per month.

Amenities and Infrastructure

Educational Institutes

• St Thomas Matriculation Higher Secondary School lies in proximity.

Healthcare

• Madhavaram K.M. Multispeciality Hospital is about 3.6 km away.

Shopping Centers

• Mahalakshmi Shopping Center and Spectrum The Grand Venus Mall are nearby.

Transportation Hubs

• Close to Bascon Futura SV IT Park and benefiting from nearby railway stations.

Concerns and Considerations

• Garbage disposal issues around Mathur lake are a worrying concern for residents.

Property Trends

• The average price per square foot in the MMDA area of Mathur is roughly between ₹4,296 and ₹7,899, marking a favorable market for property transactions.

PropertyWala's Conclusion

Mathur, Chennai, presents a mix of affordability, connectivity, and amenities, making it an appealing choice for both buyers and renters. Despite having good civic amenities and strong connectivity, residents should be conscious of environmental issues such as lake dumping problems. In summary, Mathur is a promising option for investing or living in a growing residential area.