Overview of Saligramam, Chennai

Saligramam, a well-known locality in Chennai, features a mix of residential areas matching various wishes and budgets. If you're considering buying or renting property here, here are some key considerations.

Property Prices and Trends

Saligramam's average property prices sit around Rs. 10,884 per square foot. You will find prices ranging between Rs. 6,500 and ₹16,000 per square foot. Property values have increased considerably over the past year, going up by 10.63% to 15.3% year over year (YoY).

Property Types

This locality brings different property types: apartments, standalone houses, and land. Apartments come in sizes like 2 BHK and 3 BHK, priced from ₹49 lakhs to ₹94.39 lakhs for a 2 BHK, much more for a 3 BHK. Builder floors are priced from Rs. 9,100 to ₹10,000 per square foot. Land here ranges from Rs. 11,900 to Rs. 15,500 per square foot.

Infrastructure and Amenities

Saligramam enjoys good public transport with plenty of buses and auto-rickshaws. The upcoming Orange Line of the Chennai Metro will have a stop here, enhancing connectivity. It's packed with amenities including schools (e.g., Avichi High School), sports facilities (e.g., Flying Feather Badminton Academy), grocery stores, shopping spots, hotels, restaurants, and banks.

Upcoming Projects

The area sees new housing societies like Tulive Horizon Residences, Shree Pothiya Palace, and Sidharth Height, all less than three years old. Projects like Vaanam Summer Garden, SIS Zaara, and Traventure Haven will finish up in the next three years.

Rental Choices

Renters can find semi-furnished 1 BHK houses and apartments. Rental costs average ₹30,000 per month, plus maintenance fees.

PropertyWala's Summary

Saligramam in Chennai makes for a solid real estate market, with a steady rise in property prices and various housing options. Excellent connectivity, an upcoming metro line, and numerous amenities make it appealing for buyers and tenants alike. Whether you want affordable or luxurious living, Saligramam offers some excellent choices that suit different needs and goals. Given its existing trends and future plans, choosing Saligramam for real estate seems like a smart, promising choice.