Overview of Nolambur, Chennai

Location and Access

Nolambur is a neighborhood in the Chennai West area, favored for its strategic position. It's right next to notable areas such as Mogappair West and Ambattur Industrial Estate, ensuring strong connections via buses and roads.

Property Prices

• The property prices here average around Rs. 10,070 per square foot, starting at Rs. 6,775 per square foot and topping at Rs. 15,193 per square foot.
• Flats range from Rs. 5,400 to Rs. 7,800 per square foot, while lands are priced between Rs. 12,900 to Rs. 17,100 per square foot.

Types of Properties

• Residential Apartments: These come in sizes like 1 BHK, 2 BHK, 3 BHK, and 5 BHK. Their prices vary from INR 47.4 Lac to INR 2.60 Cr. Apartments can be semi-furnished or unfurnished and are located in colonies such as Jains Naksatra and City Light Meadows.
• Residential Plots: These range from 12960 square feet to 3784 square feet, priced from INR 1.72 Cr to INR 3.60 Cr. Many plots have big road access and allow for multiple-floor constructions.

Amenities and Facilities

• Surrounding Nolambur, you'll find schools, universities, colleges, restaurants, parks, and other necessary services.
• Many apartments offer 24/7 security, elevators, gyms, ATMs, medical facilities, and close access to public transport.

Year-on-Year Growth

• Prices for properties here have gone up. There's been a sharp 14.41% rise over the past year. This suggests a growing demand and good investment potential.

Key Landmarks and Neighborhoods

• Landmarks include Nolambur bus stand, Sridevi Bhoodevi Vaikuntanatha Swamy temple, Balaji Hospital, and schools such as Dawn School, Chaitanya School, and Schram Academy.

PropertyWala's Thoughts

Nolambur, Chennai, offers a real estate market that stands out for buyers and investors. This area's strategic spot, variety of property options, and steady growth make it appealing for looking for residential real estate. It blends affordability with luxury, also providing key amenities and good connectivity. This makes it great for living as well as for investment. Yet, it's wise to double-check property trends and prices on your own for the best choice.