Royapettah, nestled in the heart of Chennai, is a desired spot for both living and business activities. Let's take a closer look at some essential points from a property standpoint:

Location and Accessibility

Royapettah’s prime position makes it easy to reach major business zones, educational institutions, and essential services. It’s located just 5 kilometers from Chennai Central Railway Station, 2.5 kilometers from Marina Beach, and 1 kilometer from Anna Salai. Chennai International Airport is 14 kilometers away, ensuring excellent connectivity for locals and travelers alike.

Real Estate Prices

The cost of properties in Royapettah varies by type. For apartments, prices average around ₹17,414 per square foot, ranging from ₹5,571 to ₹28,888.

• Flats range from ₹7,000 to ₹12,000 per square foot.
• Independent houses cost between ₹10,000 and ₹15,000 per square foot.
• Builder floors fall between ₹8,450 and ₹17,450 per square foot.

Types Available

You'll find a range of properties here, from apartments and independent houses to builder floors and land plots. Different configurations cater to varied needs and budgets.

Facilities and Amenities

Royapettah boasts great infrastructure featuring a good road network linked to major roads like Anna Salai and T. Nagar. Public transport is smooth, and the nearby metro station makes it even easier. This place has many educational institutes including Madras Medical College and The Hindu College. Medical facilities like Government Royapettah Hospital and Billroth Hospitals are also close by. Shopping and dining are popular too, with places like Spencers Plaza and many restaurants.

Investment Outlook

Property prices here have shown mixed trends. Although rates increased by 3.52% over the last year, there were drops in specific areas like a 11.8% decrease in flats. Yet, over a decade, prices have surged by 100%. This growth makes Royapettah a strong investment choice due to its top-tier location and potential.

Rental Range

For renters, Royapettah offers various possibilities. Monthly rents for a 1 BHK home are between ₹4,350 and ₹18,650. For a 2 BHK home, expect to pay from ₹17,500 to ₹45,000 each month.

Experts' Take

Royapettah, Chennai, stands out as a great choice for both buyers and renters because of its strategic location, good transportation links, and a blend of residential and commercial areas. It offers a mix of traditional and modern living, making it an attractive choice for real estate investments. With easy access to important amenities, office areas, and schools, and its typically lower prices compared to nearby places like Nungambakkam and Anna Salai, Royapettah is a persuasive option for anyone planning to invest in Chennai real estate.