Overview of Nehru Colony, Nanganallur, Chennai

Location and Layout

• Nehru Colony lies in the Nanganallur area of Chennai. It fits within the older layout known as Pazavanthangal, now changing into the new layout of Nanganallur. The old section can feel pretty cramped.

Property Prices and Trends

• You'll find the average price per square foot in Nehru Colony running around Rs. 9,668.
• Prices in Nanganallur have grown a lot:
  • In 2023, the average hovers around Rs. 9,089, a big jump from the year before.
  • Over recent months, changes have been around 1-2% each quarter.

Types of Properties Available

• Residential Apartments: These range in setup from 2 BHK to 4 BHK. Costs vary a lot:
  • A 2 BHK flat can be anywhere between INR 55 Lac and INR 98 Lac.
  • For a 3 BHK flat, expect payments from INR 67 Lac to INR 1.97 Cr.
  • A 4 BHK flat goes for about INR 2.92 Cr.
• Furnished or Semi-Furnished Options: Choices here can be unfurnished, partially furnished, or fully furnished.

Amenities and Infrastructure

• Nehru Colony is well-equipped with important services:
  • Close proximity to schools, hospitals, and metro stations.
  • Nearby landmarks like Seeds School and Nanagallur Independence Day Park.
• Many buildings offer modern conveniences, including lifts, stilt parking, and standard amenities.

Rental Options

• If renting is your thing, you can choose from independent houses and flats.
  • One example is a 350 Sq. Ft unfurnished independent house, offered for rent with a manageable deposit and minimal maintenance fees.

PropertyWala's Conclusion

Nehru Colony in Nanganallur, Chennai, offers a great mix for both buyers and renters. Providing a variety of residential properties at different price ranges, this area appeals to many needs and budgets. Though older sections might feel a bit congested, great infrastructure and connectivity make it attractive. With prices going up lately, it may also be a smart investment for the future. But remember, always check the specific amenities and conditions of any property you're considering to suit your own needs.