Overview of NCBS Colony, Chennai

NCBS Colony, set in Nanganallur, Chennai, is a residential region that has caught the interest of buyers and renters alike due to its dynamic real estate market.

Property Prices

• The average cost per square foot in NCBS Colony is ₹8,859.
• When it comes to prices, the range stays fairly consistent, with the cheapest and most expensive listings both priced at ₹8,859 per sqft.
• Still, different sources show varied prices between ₹7,782 and ₹12,786 per sqft, all shifting with the specifics of certain properties and developments.

Property Types and Availability

• Flats and Apartments: There are numerous flats and apartments available, mostly with 2 BHK layouts.
• Independent Houses: Some standalone houses are on the market, but they are less common than apartments.
• Projects and Developments: There are several developments, like SHRI GANESH FLATS and ACCHYUTHANS.

Rental Market

• For renters, there are plenty of choices including 1 BHK houses and flats.
• Rental prices start around ₹55,000 per month for a 1 BHK house.

Market Trends and Investment Potential

• Right now, the trends in pricing suggest that both buying and selling are likely profitable in NCBS Colony. The real estate market here is considered great for both investors and regular users.
• Stability is ensured by a steady average price per square foot, which makes the market appealing for long-term investments.

Amenities and Location

• NCBS Colony belongs to Nanganallur, a suburb in Chennai acclaimed for residential comfort and a relaxed vibe.
• The area probably has necessary amenities like schools, hospitals, and nearby shops, though specifics can change.

PropertyWala's Conclusion

If you are searching to buy or rent in NCBS Colony, Chennai, then this area offers a blend of stability and growth chance. Consistent property costs along with a good range of residential options make it an attractive choice. Nonetheless, it is wise to deeply research the chosen project or property to match it with your needs and budget. Additionally, paying attention to the local amenities and broader property market trends in Chennai can aid in making an educated decision.