Royapettah, Chennai

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About

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.

Reviews

One of the beautiful and scenic location in Chennai, especially for people who would like to take a long drive. Number of tourist spots leading upto Mahabalipuram. High end villa and Flat projects coming up all along.

Pros
  • Scenic Stretch
  • Sound potential
  • Proposed National High way upto Kanyakumari
Cons
  • Development could be slow due to the private properties are owned by NRIs and other rich people who
  • still use the properties for their personal use rather than commercial activity

Royapettah is one of the major localities connecting almost all. Major part of the city have leading schools and colleges and theater and malls. Proximity to the beach and temples

Pros
  • Major locality in Chennai access to leading school, colleges.
  • Proximity to beach temples and theaters
Cons
  • Densely populated

ECR Road area is one of the most preferred area by all MNC's and most of the CEO's are living in this area. Pollution free.

Pros
  • All amenities available
  • Good location

ECR Road area is one Hub Japanese Nippon Township is come up soon in the mid point of OMR & ECR Road, Ponjeri Junction. Spanning of 1450 Acres One Hub Chennai will integrate industrial, business, commercial and residential facilities with lifestyle amenities and eco-friendly infrastructure to facilitate the growth of Japanese and international business in India.

Pros
  • Peripheral Ring Road going to start from ponjeri junction to Kattupalli port

Next to Mahabalipuram, Near Great Lake Institute of management & Prist medical College. It is an well developing area

Pros
  • Well Planned Area
Cons
  • It will take 2 years time to well developed

Good water resource area, its not beach side so its very safe, lot of entertainment places are available including temples

Pros
  • It is a good location for family, lot of international schools are there

East coast road location is the best place to relax. So it the best place also for investors because it is providing good returns on investment.

Pros
  • Good location to relax
Cons
  • Far from the city
Royapettah, Chennai is rated 7 out of 10 based on 7 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.

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Also known as: Duraiswamy Nagar
Locality ID
A111251821
PinCode
600014