Mattuthavani, Madurai

About

Overview of Mattuthavani, Madurai

Location and Accessibility

Mattuthavani is part of Madurai, India's Tamil Nadu state. Its placement makes it reachable from various parts across the city.

Property Prices

Starting price: About Rs. 2,575 per square foot.
Average price: Around Rs. 7,014 per square foot.
Price range: From lower prices up to Rs. 6,800 per square foot.

Types of Properties

Residential Plots: On sale for an average of ₹73.1 Lac, with median prices at ₹17 Lac.
Apartments/Flats: Including 5 BHK units costing Rs. 4.05 Cr for a villa.
Independent Houses/Villas: Priced between Rs. 6,799 to Rs. 6,801 per square foot.
Builder Floors: For rent, such as a 1 BHK with 2 bathrooms, 1200 sq ft, costing ₹12,000 monthly.

Price Trends

Year-over-Year Growth: The property prices slid by 3.44% in the past year.
Current Movement: Lately, prices indicate a promising time for buying or selling.

Rental Options

Affordable units such as builder floors are around ₹12,000 per month for a 1 BHK.
Rented properties usually offer amenities like multiple bathrooms and spacious living areas.

Amenities and Infrastructure

Given its Madurai position, Mattuthavani likely offers schools, hospitals, shopping centers, and other amenities.
The area enjoys good infrastructure and connections due to its integration into a well-developed city.

PropertyWala's Conclusion

Buyers or renters looking at Mattuthavani, Madurai, will find both affordable and luxury options. Current trends suggest a good opportunity for investment, especially with average prices hinting at long-term value. Still, it's essential to review year-over-year prices and current market activity to take an informed decision. With a wide range of property types, from residential plots to lavish villas, Mattuthavani serves a broad spectrum of buyers and renters, emerging as a smart choice for Madurai real estate investment.

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News

Madurai urged to fix Teppakulam food street amenities

The New Indian Express · Jul 23 · Infrastructure

Residents and activists want the corporation to improve sanitation, parking and traffic management at Teppakulam food street before opening similar hubs elsewhere in Madurai.

Key facts

Madurai residents and civic activists have urged the corporation to fix civic shortcomings at the existing Teppakulam food street before creating similar hubs elsewhere in the city.
Corporation officials said a proposal for a dedicated food street at Mattuthavani is awaiting approval.
The civic body is regulating street vending spaces and creating awareness among vendors on proper waste disposal.
Madurai South MLA M M Gopison said more locations are being identified in the south constituency to promote the city’s culinary heritage.
He said suitable places are being identified for food streets with essential amenities, including parking facilities.
Resumption of boating services at the historic Teppakulam tank and a light-and-sound show are under consideration with the Tourism and HR&CE departments.
Civic activists said infrastructure at the existing Teppakulam food street has not kept pace with footfall.
Concerns raised include vendors dumping waste into the historic Teppakulam tank, poor waste collection, weak monitoring, poor lighting, traffic congestion, overflowing garbage bins and lack of dedicated parking.
Residents said sanitation, traffic management and basic amenities at Teppakulam should be prioritised so it can serve as a model for future food streets across Madurai.

News items are reports published elsewhere, condensed; follow the link for the full report. PropertyWala.com is not their source.