Locality Snapshot: Pazhavanthangal, Chennai

Region and Connections

• Pazhavanthangal is a sought-after neighborhood within Chennai South, carrying the postal code 600114.
• It is linked to vital places including the Pazhavanthangal Railway Station, Palavanthangal Railway Station, and the Chennai Airport.
• The area includes several temples, educational institutions, colleges, and hospitals, making it suitable for living.

Price of Homes

• Initial property costs in Pazhavanthangal start at around Rs. 9,666 per sqft, with the average cost around Rs. 11,484 per sqft.
• Prices vary widely from Rs. 9,666 to Rs. 12,875 per sqft.
• Specifically,
  • For 2 BHK apartments: Rs. 48 Lac to Rs. 1.10 Cr.
  • For 3 BHK properties: Rs. 60 Lac and above Rs. 1 Cr.

Building Variations and Prominence

• Different property types are on offer, including apartments, residential homes, villas, and business premises.
• Most buildings are multistorey apartments, often provided by private owners.
• Recently listed properties are available for both sale and rent. Around 50% of properties for sale range between ₹20Lac - ₹60Lac.

Rent Prices

• The rental options include:
  • Rent for 2 BHK apartments ranges from ₹28,000 to ₹35,000 per month.
  • Available for rent are 3 BHK apartments and designer floors, often featuring large balconies and close to railways and buses, in the range Rs. 18,500 to ₹35,000 monthly.

Facilities and Amenities

• Necessary amenities like schools, markets, vegetable stores, banks, and hospitals are available.
• Road conditions are highly esteemed by locals, along with good links to public transport and convenient parking.
• Notable institutions such as Nehru Government Higher Secondary School and commercial hubs like Stigmata Techno Solutions LLP dominate the scene.

Market Expansion

• Property fees have risen by almost 9.38% over the previous year, showing an invigorating market climate.

PropertyWala's Findings

Pazhavanthangal, Chennai, is a superb spot for both buyers and renters, thanks to its unmatched connectivity, solid infrastructure, and key amenities. The area’s steady yearly growth in property rates suggests a powerful market trend. With many property types offered at diverse prices, Pazhavanthangal suits all preferences, whether seeking a spacious place, a personal home, or a business property. This area’s overall advancement and peaceful ambiance, alongside its strategic position, make it perfect for a balanced and enjoyable living in Chennai.