Real Estate Overview of Menambedu, Chennai

Property Prices

Property prices in Menambedu, Ambattur, Chennai, average around Rs. 5,377 per square foot as of 2025. This uniform rate applies across various property types, suggesting both cheap and expensive properties are listed at the same price.

Market Trends

There's been a major downturn in Menambedu's property market this past year, marked by a 17.93% year-on-year drop in property rates. This trend suggests a buyer's market right now, potentially a great moment for investors and regular buyers.

Availability of Properties

Right now, the inventory of properties for sale in Menambedu is quite limited. For example, just 8 properties are available, which cover a range of types including apartments and detached houses.

Types of Properties

People searching for properties have a choice between different options like apartments and standalone houses. A good example is a 3 BHK flat in GP Fern Breeze, listed at around Rs. 85 lakhs, which equals roughly Rs. 7,025 per square foot. There are also standalone houses available, such as a 3 BHK home priced at Rs. 97 lakhs.

Rental Market

Renters have some options too, though choices are fewer. The rental market in Menambedu and areas like Ambattur has different configurations, including 2 BHK floors, which cost about ₹14,000 per month.

PropertyWala's Verdict

Looking at current market trends, Menambedu looks promising for buyers due to falling prices. The limited stock means quick action is needed or nearby areas should be considered. The consistent pricing hints at a stable market, yet the current reduction favors buyers more than sellers. For tenants, options are more varied, though prices and availability are subject to fluctuation. All in all, Menambedu can be a good choice for investors or buyers, depending on market conditions and available properties.