Location and Connectivity

MRC Nagar, in Raja Annamalai Puram, Chennai, is a residential area blending peace with accessibility. This locality sits by the Adyar River, offering scenic and tranquil surroundings. Its strategic location means easy access to commercial centers and numerous amenities.

Property Prices and Trends

Average property prices in MRC Nagar are around Rs. 25,612 per sqft, reflecting a yearly growth of 20.72%. Property pricing can vary, starting at Rs. 25,612 per sqft and reaching up to Rs. 33,333 per sqft.

Types of Properties Available

• For Sale:

  • Options include apartments from 1 BHK to 5 BHK.
  • Flats range in price from ₹3.75 Cr to ₹12.99 Cr.
  • You can find both ready-to-move and under-construction options.
  • Common amenities like swimming pools, gyms, and kids' play areas are often available.

• For Rent:

  • Mostly you'll find 3 BHK and 4 BHK apartments.
  • Rental prices may range from ₹72,000 to ₹4 Lac per month.
  • Renting properties might include amenities like covered parking, balconies, and access to pools, gyms, and badminton courts.

Amenities and Lifestyle

• Educational Institutions: You'll find reputable schools like Chettinad Vidyashram nearby.
• Healthcare: Nearby hospitals, such as Kauvery Hospital, are available.
• Community and Amenities: Gated communities provide facilities like swimming pools, gyms, kids' play areas, clubhouses, and CCTV surveillance.
• Landmarks and Accessibility: It's easy to reach landmarks like the Adyar seaface and commercial areas.

Rental Market

• Options for both short-term and long-term rentals are widely available in MRC Nagar.
• Typical monthly rentals range from ₹1 Lac to ₹4 Lac for 3 BHK and 4 BHK apartments.
• Many properties are furnished or semi-furnished to match different needs and preferences.

PropertyWala's Summary

MRC Nagar in Chennai is appealing for buyers and renters alike due to its prime location, scenic views, and great connectivity. It provides a variety of upscale residences with modern amenities for those looking for comfort, convenience, and a peaceful living environment. With growth in property prices, this area also offers investment potential. Potential buyers and renters should consider current market trends and prices for a well-informed decision.