Location and Connectivity

Nehru Nagar, situated in Chromepet, Chennai, stands out for its great connectivity and closeness to important services.

• Airport: It's near Chennai International Airport, ideal for frequent flyers.
• Educational Institutions: Close to Madras Institute of Technology (MIT) and other learning centers.
• Industrial Zones: Nearby the Madras Export Processing Zone (MEPZ), beneficial for industry professionals.
• Transportation: Easy reach to the Tambaram railway terminus and significant bus routes.

Infrastructure and Amenities

This area has well-built infrastructure with various facilities.

• Healthcare: Major hospitals are nearby, providing good medical care.
• Shopping and Entertainment: Offers plenty of shopping centers, eateries, and entertainment venues.
• Community Facilities: Parks, community centers, and public amenities improve living standards.

Property Market and Pricing

Nehru Nagar has a lively property market with diverse options for individuals and families.

• Residential Properties: Includes apartments and individual houses in different sizes.
  • Sizes: From about 600 Sq.ft to over 1800 Sq.ft.
  • Rates: The Basic Street Rates (BSR) are competitive, changing with property size and type. For instance, BSR can range from 0.70 to 4.18, based on specific locations and wards.
• Rentals: Competitive rent rates, making it great for both short-term and long-term tenants.

Real Estate Trends

This area sees constant real estate growth, thanks to its strategic placement and amenities.

• Appreciation: Properties usually increase in value due to its popularity.
• Demand: Strong demand from residential and commercial areas keeps the market healthy and growing.

PropertyWala's Conclusion

For buying or renting in Nehru Nagar, Chennai, expect a blend of convenience, facilities, and investment potential. Its superb connectivity, solid infrastructure, and rising real estate scene make it appealing for buyers and investors who value comfort and financial opportunity.