Nandanam's Glimpse, Chennai

Home and Access

• Nandanam, a top-class housing district in Chennai, Tamil Nadu.
• Top-notch connectivity through major routes like SH-49, Chamiers Road, and Chennai-Trichy Road.
• Close to leading IT zones in Perungudi and Taramani, about 5-10 km away.
• Nandanam metro station: just 0.9 km away, with options at Saidapet and Teynampet metro stops.

Property Pricing

• Averages around Rs. 16,100 per square foot for properties.
• Prices range from Rs. 9,350 to ₹20,000 per square foot, depending on property type and location.
• Near Nandanam Extension, the average is higher, with prices ranging from Rs. 16,106 to Rs. 18,064 per square foot.

Property Varieties

• You'll find apartments, villas, floors, and land in different sizes and formats.
• Popular choices mostly lean towards 2 BHK apartments in Nandanam.

Services and Infrastructure

• Residents get access to:
  • Water supply from the Corporation
  • Proper drainage systems
  • Rainwater harvesting
  • Sewage management
  • Round-clock electricity
  • Elevators
  • Security
  • CCTV cameras for surveillance.
• Near several schools, such as Oxford Matriculation Higher Secondary School, Govt. Hr secondary school, along with Anna University.

Problems

• Nandanam often faces waterlogging and flooding, affecting traffic.
• Traffic jams, mainly during rush hours, are a frequent issue.
• Not enough parking at Nandanam Metro, causing trouble for people.

Present Market Moves

• Property values in Nandanam have risen 5.6% in flat rates over the past decade.
• Nearby, Nandanam Extension saw a 20.23% fall in rates last year, but things are looking good now for buying or selling.

Ending Thoughts from PropertyWala

Nandanam, Chennai, ticks many boxes for people looking for a new home or rent. It's got great connectivity, easy access to public transport, and lots of facilities. Plus, there's stable power and near top-notch schools and hospitals. But, there's something to sort out too. Traffic can get crazy, sometimes flooding happens, and there's a lack of parking nearby the metro.

Investors should watch the growing property values and the current market signals. If renting, the array of property types and services can make it a cozy and easy place to live.

To sum it up, despite its downsides, Nandanam's perks and growth potential make it a smart pick for anyone planning to buy or rent in this neighborhood.