Overview of Old Washermanpet, Chennai

Location and Connectivity

Old Washermanpet is situated in Chennai, Tamil Nadu, recognized for its advantageous position and great connectivity. This locality connects to many amenities: schools, markets, banquet halls, malls, temples, clinics, railway stations, cinema halls, and hospitals.

Property Prices

• Purchasers can find properties in Old Washermanpet within a range from ₹38.1 Lac to ₹4.86 Cr.
• The average cost per square foot is around Rs. 11,992.
• Residential plots can be bought for between ₹6,502/sq.ft and ₹12,500/sq.ft.

Rental Options

• Renters can choose from varying monthly rents:
  • 1 BHK houses: Between ₹4,300 and ₹10,250.
  • 2 BHK houses: From ₹9,000 to ₹21,000.
  • 3 BHK houses: Ranging from ₹19,000 to ₹50,000.

Amenities and Infrastructure

• Some essential amenities near Old Washermanpet include:
  • Schools: National Christian Middle School and other local educational institutions.
  • Hospitals: Stanley Hospital and Angel Hospital are nearby.
  • Public Transport: Old Washermanpet Metro Station, a railway station, and multiple bus stops.
• The area also offers close access to shopping centers, cinemas, and more.

Type of Properties

• Independent Houses: Offer 1 BHK, 2 BHK, and 3 BHK configurations, usually with features like bore water, corporation water, and parking.
• Residential Plots: Customizable plots to build private homes.
• Builder Floor Apartments: Find semi-furnished and unfurnished options in multi-story buildings.

Tenant Preferences

• Landlords typically favor bachelors or families. Some properties have stricter tenant rules.

PropertyWala's Conclusion

In Chennai, Old Washermanpet is a strong choice for both buyers and renters. It provides excellent connectivity, easy access to crucial amenities, and diverse property options. It blends affordability with a high quality of living, making it ideal for people looking to invest or live in a well-connected, amenity-rich area. Still, potential renters should know about landlords' specific tenant preferences. Overall, Old Washermanpet stands out as a top choice for real estate investment in Chennai.