Overview of Mugalivakkam, Chennai

Location and Accessibility

Mugalivakkam is in the residential area of Alandur in Chennai. Public transport is easy thanks to many bus stops nearby: Ellaiyamman Kovil, Vinayagar Kovil, and Mugalivakkam itself.

Property Types and Prices

• Residential Properties: You'll find plenty of options, including 1 BHK, 2 BHK, 3 BHK flats and villas in the area. Projects such as Stellar Blue Tide, Sree Sai Tulive, Lifestyle Le Paradise, Kaizen Kayal, and GP Elanza stand out.
• Price Range:
  • Flats: About ₹6,000 - ₹7,200 per square foot. A 2 BHK flat can cost ₹52.72 lakhs - ₹75 lakhs.
  • Land: ₹6,950 to ₹10,450 per square foot.
  • Builder Floors: ₹8,300 per square foot.
  • Villas/Houses: Prices range ₹55 lac for fully furnished villas to larger amounts.

Educational Institutions

Several well-known schools can be found here:

• Sri Sankara Vidyalaya
• Emmanuel Matric. Hr Secondary School
• Noble Academy
• JMA Govt School
• M.K.M. Hr. Sec. School
• St. Joseph'S School Of Excellence
• Orchids The International School Manapaakam
• Assisi Matric. Hr. Sec. School
• Swaami Vivekananda Matriculation Higher Secondary School

Healthcare Facilities

There are several hospitals and clinics:

• BP Jain Hospital
• Delta Hospitals
• Jip Hospital
• Subhiksha Hospital
• Kedar Hospital
• Dr.Balaji'S Eye Hospital
• Vignesh Hospital
• St Joseph Hospital
• Nalam Hospital
• JK Hospital-Porur

Shopping and Retail

Various shopping options are close by:

• Malls: MM Plaza, Pammal Saravana Shopping, A to Z Shopping center, Ayyanar Super Market
• Local Markets
• Super Saravana Stores - Porur
• Grows Supermarket
• Manapakkam Nilgiris
• Other local supermarkets and retail shops

Dining and Leisure

From local eateries and well-known chains:

• Hunger Spot Restaurant
• Adyar Ananda Bhavan
• Hotel Sakthi Bhavan
• Hotel Maruthi Bhavan
• Palmshore
• Velidis
• Andhra Ruchulu
• The Chinese Story
• The Chennai Sandwich Shop
• Smoke Hub Barbeque
• Copper Kitchen
• Hotel Santosi
• McDonald'S

Infrastructure and Amenities

• Transportation: Well-connected via bus routes and close to major roads and highways.
• Community Amenities: Including water supply by the corporation, drainage facilities, 24*7 power backup, maintenance staff, rain water harvesting as well as Feng Shui / Vastu.
• Fitness and Recreation: Gyms and fitness centers such as Underdogs Fitness Club, Monk Lifestyle & Fitness Studio, Kpr Gym, and Friends Sports Academy.

Rental Options

If you're renting:

• 2 BHK Flats: Available from ₹12,000 to ₹25,000 per month. Prices vary by amenities and built-up space.
• Independent Houses: Semi-furnished houses available, starting from ₹4 lakhs to ₹8 lakhs based on size and amenities.

Property Appreciation

Flat prices in Mugalivakkam have risen by 15.4% over the past 5 years while land prices have climbed 60.0%.

PropertyWala's Conclusion

Mugalivakkam, Chennai is great for both buying and renting. It has wonderful amenities, good schools, and healthcare. Plus, the dining scene offers a lot of choices. Steady property appreciation, plus good builders and modern projects make it an appealing real estate investment spot. This area has something for everyone, whether you seek luxury or are budget-conscious.