Overview of Paruthipattu, Chennai

Location and Connectivity

Paruthipattu is a place in the Avadi region of Chennai, noted for its decent connectivity to nearby markets, transportation routes, and roads. It scores well on connectivity, earning a 4.08 out of 5 from its residents – making it a practical spot to live.

Property Types and Prices

Residential Properties

• Apartments: Prices range from ₹ 18.6 lakhs for a 1 BHK all the way to ₹ 82.9 lakhs for a 3 BHK. The average price per square foot is about ₹ 5,782, varying from ₹ 4,055 to ₹ 7,039 per sqft.
• Independent Houses: Builder Floor Apartment prices start at ₹ 7,500 per sqft.
• Villas: Prices follow the overall average pricing for the local area.

Land Prices

• Land rates here range from ₹ 3,450 to ₹ 5,800 per sqft. Land prices have risen considerably – up 15.6% over the past year and increased by 124.2% over the last decade.

Availability of Properties

• Ready to Move: More than 30 properties in ready-to-move condition. Prices begin from ₹ 15 lakhs depending on the BHK type.
• Resale Properties: You will find 15 properties available in resale condition.
• Under Construction: There are 11 properties currently under construction.

Price Trends

• The property values in Paruthipattu have gone up by 16.5% over the last year, showing a positive trend for buyers and investors.
• The average per square foot price for apartments is around ₹ 5,782 with a year-on-year growth of 3.66%.

Key Projects and Localities

• Key Projects: Some of the prominent projects are Santha Towers, Hazel Apartments, Optima Upgrade, VGN Platina, and VGN Crofton Gardens.
• Neighboring Localities: Nearby areas include Rajabi Nagar, Srinivasa Nagar Avadi, Sundara Sozhapuram, Govardanagiri, Pudu Nagar, and Poonamallee Avadi High Road.

Amenities and Livability

• Connectivity: Good link to markets, transport routes, and roads.
• Resident Feedback: Residents have praised the locality for its amenities and accessibility.

PropertyWala’s Thoughts

Paruthipattu, Chennai, is an enticing area for real estate with rising property values and various housing choices. Its good connectivity, favorable resident reviews, and the presence of several projects make it a top choice for investors and buyers alike. Still, it’s key to keep an eye on price trends and local market dynamics to make the best investment decisions. Based on present trends, buying or renting could be a solid and pleasing choice in Paruthipattu.