Overview of Mogapppair East, Chennai

Location and Accessibility

Mogappair East is a prominent and well-connected area in Chennai, Tamil Nadu. It is near several key spots and educational institutions, such as DAV and Spartan schools. It’s a favorite spot for families and professionals.

Property Types and Prices

Residential Properties

• Flats/Apartments: Prices lie between ₹4,000 and ₹24,358 per square foot. The average price is around ₹9,844 per square foot[4|.
• Independent Houses: Available in multiple configurations, with prices from ₹43 Lac to ₹4.65 Cr. For instance, a 4 BHK independent house costs about ₹2.25 Cr to ₹2.85 Cr.
• Builder Floors: Prices range from ₹8,000 to ₹11,000 per square foot.

Land and Plots

• Rates for land are about ₹10,600 to ₹16,000 per square foot.

Price Trends and Appreciation

The property prices in Mogapppair East have increased significantly, up by 32.95% over the past year. Although flat rates have dipped by -3.9% in the last year, they have gone up by 22.5% over the past decade.

Rental Properties

• Flats and Independent Houses: Available at ₹9,500 per month, ranging from 1 BHK to 3 BHK flats and independent homes.
• Commercial Properties: Office spaces and other commercial rentals start at ₹45,000 per month.

Amenities and Infrastructure

The neighbourhood has essential facilities like schools, hospitals, shopping centers, and public transport.

It’s a safe and prime location, suited for both living and investment.

Market Dynamics

Mogappair East features a variety of properties catering to different budgets, from affordable to luxury. Its prime location and potential for long-term appreciation make it a top choice for homebuyers and investors.

PropertyWala's Conclusion

Mogappair East in Chennai is an attractive real estate market offering a mix of affordability and luxury. With great connectivity, proximity to key facilities, and rising property prices, it’s a strong choice for buyers and investors. Whether buying or renting, Mogapppair East fits all preferences and budgets. Seen the positive trends and its growth potential, investing in this area can be smart for those entering Chennai's real estate market.