Overview of Melmaruvathur, Kanchipuram

Location

Melmaruvathur is found in the Kanchipuram district in Tamil Nadu, India. It's reachable via the GST Road, offering good connectivity to major cities such as Chennai.

Property Prices and Trends

Average Price

Properties in Melmaruvathur average around Rs. 1,411 per square foot.

Price Range

• Entry-level properties start at Rs. 90 per square foot.
• The high-end prices reach about Rs. 599 per square foot.
• Generally, properties lie between ₹2.3 Lac and ₹41 Lac.

Property Types

• Independent houses and residential plots can be bought.
• Several projects and individual homes are available for sale and rent.

Market Trends

Demand and Supply

Most of Melmaruvathur's properties fall under ₹20 Lac, showcasing many affordable to mid-range homes.

Price Movement

Both buying and selling properties appear promising, showing a healthy market condition.

Amenities and Infrastructure

Accessibility

The GST Road provides great connectivity. This area is perfect for commuters and investors.

Development

The neighborhood sees ongoing residential projects, showing continuous growth.

Rental Market

Rental Options

Although buying is popular, renting homes exist here. However, rental specifics like prices and availability are not as detailed as sale data.

PropertyWala's Conclusion

Melmaruvathur combines affordability with good connectivity, making it appealing for both buyers and investors. Affordable average property prices cater to different budgets. With favorable trends and improving infrastructure, it's a great option for real estate investment in Kanchipuram district. Still, one should do detailed research and visit to understand the area better and its amenities.