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Perungalathur, Tamil Nadu Real Estate

Perungalathur Insights

Perungalathur, a suburb in Chennai, is a thriving real estate hub featuring mixed residential, commercial, and infrastructural amenities, appealing to both buyers and renters.

Residential and Price Information

  • Residencies: Perungalathur presents diverse options, including 1 BHK, 2 BHK, 3 BHK flats, and villas. The price starts at roughly Rs. 3,464 per sqft, with an average of Rs. 6,421 per sqft.
  • Pricing Breakdown:
    • 2 BHK flats: Pricing spans ₹35 lakhs to ₹52.8 lakhs.
    • 3 BHK flats: Generally sit in a higher price bracket than 2 BHK equivalents.

Standout Residential Projects

  • Major real estate developers have significant projects in Perungalathur including:
    • TVS Atrium Green Acres
    • Shriram Park 63
    • Shah Paradise
    • S And P Signature Villas
    • Isha Homes projects: Isha Shubham, Isha Santhosham, Isha Anandham
    • Casagrand Primrose
    • Casagrand Platinum

Local Infrastructure and Amenities

  • Schools: The suburb hosts several well-regarded schools like St. Johns Matriculation School, St. Annes School, Ebenezer Matriculation School, and SKB Vidhyashram School.
  • Shopping: There are malls like Indra Stores, Ganthimathi Stores, Vijaya Stores, Aruna Stores, and lively local markets.
  • Healthcare: Hospitals like Annai Arul Hospital, Saradha Hospital, Dr.Chithraleka M.B.B.S Hospital, and Sri Kamatchi Clinic offer good medical services.
  • Dining: Restaurants range from local eateries to more popular chains including Dindigul Thalappakatti Restaurant, Copper Kitchen, and Spicy Eats Multicuisine Restaurant.

Rental Choices

  • Rental Options: Available include 1 RK, 1 BHK, 2 BHK, and 3 BHK apartments.
    • A 1 RK apartment can rent for Rs. 4,000 a month.
    • A semi-furnished 1 BHK apartment: ₹6 lakhs (negotiable) per month for 12-36 months.
    • A semi-furnished 2 BHK apartment: Rs. 7-8 lakhs per month for 12-36 months.
  • Amenities: Common rental feature amenities encompass corporation water, drainage, 24/7 power, lifts, security, CCTV, along with gyms and pools.

Investment Opportunities

  • Value Growth: There's been steady price increases, boosting the appeal for real estate investment.
  • Infrastructure Improvements: Projects like the Chennai Metro Rail Phase II and road expansions better connectivity and lift property values.

PropertyWala's Thoughts

Perungalathur presents a solid choice for buyers and renters, thanks to its strong infrastructure, variety of homes, and growing property value. Exceptional educational, healthcare, and shopping facilities, plus enhanced connectivity, make this an excellent spot for families and young professionals. Balancing affordable and high-end homes, Perungalathur's future growth suggests a good real estate investment in Chennai.