Overview of Ram Nagar South, Chennai

Ram Nagar South, found in Madipakkam, Chennai, stands out for property buyers and renters. Let’s dive deeper into what this area offers.

Location and Connectivity

• Ram Nagar South Extension sits between Keelakattalai and Perungudi. It’s a prime spot for local residents.
• Close to the Velachery MRTS Station and connected well to major roads like OMR, GST, and Guindy.

Property Types and Pricing

• Apartments/Flats: Various options here come in 1 BHK, 2 BHK, and 3 BHK, priced from ₹43.2 Lac to ₹1.26 Crore. Both unfurnished and semi-furnished conditions available.
  • 2 BHK Flats: Around ₹44.6 Lakh to ₹70.3 Lakh.
  • 3 BHK Flats: Range between ₹53.9 Lac and ₹85.3 Lac.
• Independent Houses: Starting at ₹1.64 Crore for 4 BHK houses.

Amenities and Facilities

• This area brings multiple amenities, such as:
  • Near famous schools like Pon Vidyashram and Sunshine.
  • Close to hospitals like Kamakshi and Saraswathi.
  • Close to markets, eateries, and gas stations.
  • Modern apartment features include lifts, CCTV, power backup, metro, and proper drainage systems.

Price Trends

• Average price per square foot: ₹7,426. Prices vary from ₹5,851 to ₹9,002 per sqft.
• It’s seen as a profitable area for both buying and selling now.

Development and Infrastructure

• Part of the city council; has a well-built infrastructure, linked to city buses and main transport hubs.
• Properties often approved by CMDA and easily qualify for loans from big banks.

PropertyWala’s Insight

Ram Nagar South in Chennai combines affordability, amenities, and good connectivity, making it appealing for buyers and renters. Nearby education and healthcare make it more attractive. With various property types and positive price trends, it’s worth considering for those planning to invest in or reside in Chennai. Yet, always remember to conduct detailed market research and visit places personally to make a well-informed choice.