Rail Nagar, Chennai

About

Location and Accessibility

Rail Nagar, positioned in the Koyambedu area of Chennai, provides an ideal and accessible spot for potential buyers and renters. Its advantages in terms of accessibility are numerous:

  • It's well connected via Poonamallee High Road and Jawaharlal Nehru Road.
  • It's close to Dr. M.G. Ramachandran Central Railway Station at a distance of 11 km. And Chennai International Airport is around 19 km away via Grand Southern Trunk Road.
  • There's a dedicated Green Line Chennai Metro stop connecting Chennai Central to St. Thomas Mount.

Property Prices and Trends

The real estate market in Rail Nagar moves fast:

  • Properties here start at Rs. 3,535 per sqft, with averages at Rs. 4,293 per sqft.
  • We see a noticeable 24.92% increase yearly, showing the market is growing.
  • Prices span from Rs. 3,535 to Rs. 4,800 per sqft.

Types of Properties

Rail Nagar has many options to fit different budgets:

  • Apartments: Options include 1 BHK, 2 BHK, 3 BHK, and upscale 4 BHK. You could find apartment prices starting from Rs. 1.12 Crore up to Rs. 4.25 Crore.
  • Independent Houses: Fewer in number and typically feature smaller land areas and fewer floors.
  • Plots: They vary a lot based on location and size. Tambaram West plots are around Rs. 24.1 Lac for 1302 sqft while a Selaiyur plot can reach Rs. 1 Crore for 1450 sqft.

Amenities and Facilities

Many properties come equipped with nice extras:

  • You'll find 24/7 Power Backup.
  • Many have Children's Play Areas.
  • Car Parking and lifts are standard in many apartments.
  • Extras like gyms, diesel generators, water purification, shuttle courts, and parks are common in premium properties.

Proximity to Key Landmarks

Rail Nagar is near multiple key spots:

  • Daniel Thomas Matriculation Higher Secondary School and Tagore Matriculation School are within 3 km.
  • Appasamy Multispecialty Hospital and KM Hospital & Polyclinic are within 5 km.
  • Retail hubs like Koyambedu Wholesale Market, 10 Square Mall, Variety Centre, and VR Chennai.
  • Industrial estates near by like Ambattur Industrial Estate and Avadi Industrial Estate are within 5 km.

PropertyWala's Conclusion

Rail Nagar in Chennai is a great choice for well-connected and amenity-rich properties. As property prices go up and the market grows strong YoY, it's a smart move. Its location, types of properties available, and top-notch amenities make it appealing to both buyers and renters seeking convenience, quality, and investment value.

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Rental Properties

Price Trends

Locality ID
A910937801
PinCode
600107