Overview of Pallavan Nagar, Chennai

Location

Pallavan Nagar is situated in the Chennai District of Tamil Nadu, India. This locality belongs to the Maduravoyal area and lies in the southern part of Chennai. Other nearby areas include Vettuvankani, Neelankarai, and Panaiyur.

Property Prices

• Pallavan Nagar has an average price per square foot, roughly Rs. 8,007.
• For independent houses, prices vary. A 3 BHK house can range around Rs. 79 Lac. Higher-end properties reach up to Rs. 3.1 Cr for a 3 BHK property in adjacent premium locations.

Types of Properties

• Independent Houses: These come in 2 BHK and 3 BHK sizes. They are often semi-furnished and ready for immediate occupancy.
• Flats and Apartments: Rental options include 2 BHK apartments, and some exist in areas like Nerkundram and Valli Ammai Nagar.

Rental Options

• Monthly rent for a 2 BHK house stays between ₹20,000 to ₹30,000. This varies with location and facilities.
• A deposit typically needs to be about ₹1 lakh.
• Maintenance costs are usually around ₹1,500 every month.

Amenities and Preferences

• Many properties favor family tenants.
• Properties can also come semi-furnished.
• Although lifts might not be available, neighborhoods are well-maintained and close to local markets and amenities.

PropertyWala's Conclusion

Looking at Pallavan Nagar in Chennai, there's a good mix of affordability and convenience for buying or renting properties. With its reasonable rates and closeness to other residential zones, it’s a great pick for families and individuals longing for a balanced lifestyle. There’s a variety of property types, from independent houses to apartments, catering to different budgets. Still, it's smart to check specific amenities and location details to ensure fit for your needs. To sum it up, Pallavan Nagar makes a strong option for real estate investment in the Chennai region.