Overview of Minjur, Chennai

Minjur, situated in North Chennai, offers both residential areas and great opportunities for investment. Let's dive into some top considerations for real estate in this locality:

Property Prices

Property prices in Minjur change quite a bit. For living spaces, you’ll find residences starting at Rs. 600 per sqft, and the average costs sit around Rs. 3,566 per sqft. Meanwhile, land prices range from Rs. 700 to Rs. 2,000 per sqft. In the last year, land has dipped by −20.0%, but it has skyrocketed by 100.0% over the last three years.

Property Types

The area mainly consists of land plots and standalone houses, particularly popular 2 BHKs. You can also find gated flats and villas.

Connectivity

Minjur has good public transport with the Minjur railway station, MTC Terminus, and Attippattu railway station nearby. Kattur Road and SH-56 help maintain smooth intracity links. Sadly, there's no metro, which worries some folks.

Infrastructure

Essential amenities like M N Eye Hospital, Venkata Rathnam Hospital, and ESI Hospital can be found here. Schools aren’t far, but some are distant. The roads and parks are well-kept, providing a comfortable place to live.

Lifestyle and Environment

Locals value the public transport network and the accessibility of taxis and autos. Plus, nearby schools are great. Yet, there are some nuisances like random power outages and infrequent police patrols. Sadly, some crimes like fights and robberies have plagued the area.

Investment and Market Trends

The Minjur property market has experienced price changes. Property prices dropped 11.46% over the past year for some types, while land values have surged—with a 100.0% leap over three years. The CMDA plans for a satellite town in Minjur, which might uplift property values and lure more investments.

PropertyWala's Verdict

Looking for a property in Minjur, Chennai? This area balances affordability with growth. The good transport, vital amenities, and impending plans all make it appealing. Note the lack of metro and minor troubles like power cuts and crime. If you want a mix of affordability and a promising future, Minjur is a good choice.