Mylapore, Chennai

About

Overview of Mylapore, Chennai

Mylapore stands out as a historically rich and highly valued residential quarter in Central Chennai, admired for its abundant cultural legacy and contemporary conveniences.

Location and Connectivity
Property Prices and Trends
  • On average, Mylapore property costs ₹13,967 to ₹17,033 per sqft, shaped by different sources and market dynamics.
  • Flat prices may range from ₹13,500 to ₹21,100 per sqft, while land rates lie between ₹23,800 to ₹37,800 per sqft.
  • Over the past year, flat rates saw a notable 7.5% rise. Over the past decade, the price increase stood at 30.4%.
Types of Properties
  • The neighborhood features diverse property types like apartments, builder floors, standalone houses, and land in different sizes and designs.
  • Prominent buildings include Golden Luz Avenue, Casagrand Arcobaleno, and Kgeyes Arulagam.
Rental Options
  • Monthly rentals for 1 BHK apartments range from ₹9,000 to ₹11,000.
  • Independent houses and villas also available for rent start at ₹7,000 per month.
Social Amenities
  • Mylapore houses several malls, including Express Avenue Mall, Ramee Mall, Spencer Plaza Mall, and Forum Vijaya Mall.
  • Leading educational institutions like Vidhya Mandir Senior Secondary School, PS Higher Senior Secondary School, Ramakrishna Mission Vivekananda College, Stella Maris College, and Justice Basheer Ahmed Sayeed College for women.
  • Apollo Spectra Hospital, Billroth Hospital, and Fortis Malar Hospital are top-tier hospitals.
Cultural Significance
  • The area is a vital cultural hub with numerous music sabhas and cultural bodies.
  • Mylapore hosts the prominent Madras Music Academy and the Parthasarathy Swami Sabha.
Employment Opportunities
  • A cluster of IT parks lies within a 5-10 km radius: Bascon IT Park, Olympia Technology Park, TIDEL Park, Ramanujan IT City, and Ascendas IT Park.
  • Major IT and ITes firms such as HP, Dell, Tata Consultancy Services, and Infosys operate in these parks.

PropertyWala’s Conclusion

Mylapore, Chennai, marries historical intrigue with a bustling cultural scene and modern amenities, making it a prime spot for buyers and renters alike. Its robust connectivity, varied property options, and top-notch educational and healthcare facilities make it perfect for investing or relocating. With its steady value rise and current market trends, investing in Mylapore remains a lucrative choice.

Reviews

Rayapetta near by Mylapore and many star hotels best area in south chennai

Pros
  • Best for Rental Area
Cons
  • Costly Area

Kesavaperumal puram in mylapore is prime residence area after boat club off green ways road . this is gated community area in Chennai .

Pros
  • Many bungalows
  • Many apartment by reputed builder
  • Many viip bungalow
Cons
  • Costly area in Chennai
Mylapore, Chennai is rated 7 out of 10 based on 2 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.

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Sale Properties

3BHK for sale in Casagrand Olympus, Mandaveli, Chennai
₹ 3.42 Cr

3BHK Flat for sale in Mandaveli

₹ 3.42 Cr

  • Casagrand Olympus
  • Within 3 Months
  • 2,017 SqFeet
  • ₹16,956/SqFeet

Apartment / Flat

: Casagrand Olympus by Casagrand Builder at Mandaveli in Chennai offers residential project that host 3 bhk apartment in various sizes.
1BHK for sale in Asvini Amanya, Abiramapuram, Chennai
₹ 19 L

1BHK Flat for sale in Abiramapuram

₹ 19 L

Apartment / Flat

: It is a community of 1008 homes of different dimensions (1 / 2 / 3 bedrooms) providing a whole spectrum of choices for you.The apartments range from 606 sq ft to 1139 sq ft of area with price-tags of Rs.10 lakhs onwards.
2BHK for sale in Asvini Amanya, Abiramapuram, Chennai
₹ 10 - 20 lacs

2BHK Flat for sale in Abiramapuram

₹ 10 - 20 lacs

Apartment / Flat

: It is a community of 1008 homes of different dimensions (1 / 2 / 3 bedrooms) providing a whole spectrum of choices for you.The apartments range from 606 sq ft to 1139 sq ft of area with price-tags of Rs.10 lakhs onwards.

Rental Properties

Price Trends

Also known as: Dr. Radhakrishna Road, CP RAMASAMY STREET, Mylapure, Kandaswamy Street-Mylapore, Mundakanni Amman Koil Street, Mundakanni Amman Koil
Locality ID
A111252001
PinCode
600021