Overview of Periyapalayam, Chennai

Location and Connectivity

• Periyapalayam lies in the Tiruvallur district of Tamil Nadu, India.
• The locale is easily accessible, thanks to the nearby Periyapalayam bus stand and numerous schools, colleges, and healthcare institutions.
• It's also near large educational centers including Amrita Vishwa Vidyapeetham Chennai campus and many engineering colleges.

Infrastructure and Amenities

• This area features various amenities, with features like:
  • Black-top roads and wide 30ft roads in many projects.
  • Availability of 3-phase electric and drinkable water.
  • Solar street lights and paved block top roads in select areas.
  • Nearby shopping areas, petrol pumps, temples, and churches.

Property Types and Availability

• Residential Plots: Numerous DTCP and RERA approved plots are on offer. They range from 600 sq.ft to 1200 sq.ft, starting from Rs. 5.99 lakhs.
• Villas and Individual Houses: You can also find villas and individual houses. Some projects start villas from Rs. 33 lakhs.
• Apartments: There’s a selection of apartments available but fewer compared to plots and individual homes.

Property Prices

• The average cost per sq.ft in Periyapalayam is around Rs. 5,116.
• Prices for specific plots range from Rs. 5.99 lakhs up to Rs. 13.81 lakhs. This changes based on size and project.
• Some plots can go as low as Rs. 1200 per sq.ft in specific layouts.

Upcoming Projects and Possession

• A few new projects are being constructed in Periyapalayam. Examples include Budget Sai Shree Nagar and Kumaran Garden Phase III. Bookings are open and people expect possession in the coming year.
• Projects like Royal Diamond City and DTCP approved plots are ready for immediate building.

Rental Options

• Those looking to rent will find 1 BHK and 2 BHK flats and houses. Rents typically go from ₹10,000 to Rs. 12,500 per month. This can depend on area and amenities.

PropertyWala's Conclusion

Periyapalayam, Chennai, shows promise in real estate. It combines residential plots, villas, and individual houses. Its excellent connectivity, educational, healthcare facilities, and modern amenities make it appealing for potential buyers and renters alike. With many upcoming projects and attractive pricing, Periyapalayam is an excellent option for those seeking affordable living while enjoying high standards. However, it's important for would-be buyers to do thorough research and verify the credibility of projects and developers to ensure a smooth and secure investment.