Overview of Rajakilpakkam, Chennai

Location and Connectivity

Rajakilpakkam is a neighborhood in the southern suburbs of Chennai. It is on the western side of Velachery Tambaram Road. The place is well-connected by important roads such as Madapakkam High Road and Velachery Tambaram Road. Key infrastructure like the Rajiv Gandhi IT Expressway and NH-45 (GST Road) are nearby, about 5-10 km away. The Chrompet railway station of the Chennai Suburban Railway Network is around 6 kilometers away, and Chennai International Airport is approximately 12 km away.

Property Prices and Trends

• Properties in Rajakilpakkam start around Rs. 5,652 per sqft, with an average price of Rs. 6,870 per sqft. The top-end prices reach up to Rs. 7,800 per sqft.
• Flat prices vary between Rs. 5,400 and Rs. 6,500 per square feet. Land rates are somewhere between Rs. 4,700 to Rs. 6,650 per sqft, and builder floor prices fall in the range of Rs. 5,900 to Rs. 14,500 per sqft.
• There’s been a significant growth in property rates year-over-year, seeing a rise of about 16.22% in the last year.

Property Types and Configurations

• Rajakilpakkam has a mix of property types like villas, apartments, and land, in various sizes and styles.
• Tall apartment buildings are common, with 2 BHK apartments being the most common, making up 53% of the properties.
• Around 29% of homes are priced from Rs. 40 Lac to Rs. 60 Lac, which fits middle-income buyers.

Rental Market

• Rents for rental flats range from Rs. 5,000 to ₹10,000 per month. 2 BHK apartments are the most rented option, making up 61% of all rentals.
• For instance, you can find 3 BHK flats renting for ₹88,000 per month, plus maintenance costs.

Amenities and Infrastructure

• The area offers close proximity to several amenities, such as schools, colleges, hospitals, and temples.
• Nearby places like Sembakkam Lake and Nanmangalam Reserve Forest are perfect for weekend escapes.
• Homes often have features like corporation water, drainage, security, visitor parking, and sometimes come with solar power and CCTV surveillance.

Investment and Living Prospects

• Rajakilpakkam is known for its reduced traffic, making it a peaceful location to live.
• Its closeness to MEPZ-SEZ and SIPCOT IT Park is attractive to professionals.
• It provides a stress-free living environment along with modern infrastructures like pure groundwater, balancing amenities and affordability, making it a great investment.

PropertyWala’s Conclusion

Rajakilpakkam in Chennai stands out as a promising area for both buyers and renters, especially those seeking mid-scale houses. Given its strong connectivity, rising property prices, and plenty of property types, it’s a highly attractive option for investors and individuals alike. The area perfectly blends modern amenities, serene environment, and affordability, making it a strong choice for real estate investment or residential choices in Chennai’s southern suburbs.