Overview of Narayana Nagar, Chennai

Location and Accessibility

Narayana Nagar is a residential area located in Chennai, offering relatively easy access to various parts of the city. Its proximity to Neelankarai and other surrounding areas makes it an appealing choice for those who need to commute regularly.

Property Prices

• Average Price per Sq.Ft.: In Narayana Nagar, the average price per square foot for properties is approximately Rs. 6,480.
• Starting Prices: Properties can start as low as Rs. 7,500 per sq.ft, though prices may vary depending on property type and condition.
• Budget Segments: You'll find options in different budget segments, including properties below 10 lakhs and 15 lakhs.

Types of Properties Available

• Flats and Apartments: For buy and rent, you can find multistorey apartments. These range from budget-friendly lodgings to upscale apartments.
• Residential Plots: If you want to build your own home, there are residential plots available starting from Rs. 7,500 per sq.ft.

Rental Options

• Rental Prices: Take, for example, a 3 BHK flat rented for around Rs. 1.8 Lac per year, on the 1st floor of a multistorey apartment.
• Availability: Various rental properties are available, catering to different needs and budgets.

Amenities and Infrastructure

• Community Amenities: Details on specific local amenities may be limited, but generally, residential areas in Chennai have basic amenities like schools, hospitals, and shopping centers.
• Transportation: Given its location within Chennai, the area is likely to offer decent transportation links.

PropertyWala's Conclusion

In short, Narayana Nagar, Chennai, offers affordability and accessibility, making it a great choice for both buyers and renters. With a variety of property types and budget options, it is definitely worth considering for anyone looking to invest or live in Chennai. To make sure it meets your needs and preferences, it's recommended to conduct a thorough inspection of the specific property and its surroundings.