Overview of Shantiniketan Colony, Chennai

Where It’s Located

Shantiniketan Colony sits in Anna Nagar West Extension, Chennai. It's linked well to other parts of the city, making it ideal for both people living there and folks passing through.

Property Prices

• The average price per square foot in Shantiniketan Colony is about Rs. 12,388.
• This price is steady across the area, showing a balanced market.

Types of Homes

• Flats and Apartments: Many flats and apartments are sold here, fitting different budgets and sizes.
• Plots and Land: If building your own home appeals, plots are nearby but mostly in Madambakkam, under similar name colonies.
• Houses and Villas: Larger homes and villas are also available.

Extras and Infrastructure

• Shantiniketan Colony sits in a developed area with schools, hospitals, shopping, and public transport nearby.
• It’s known for its peaceful residential environment.

Investment Idea and Rental Demand

• Thanks to stable property prices and great connections, Shantiniketan Colony is a good option to invest in, fitting both buyers and renter needs.
• Rental demand is there with trusted estate agents ready to help.

The Upsides and Downsides

Upsides

• Connection: Excellent connections to main areas in Chennai.
• Stable Market: Steady property prices show a stable market.
• Things Around: Easy access to schools, hospitals, shopping, and public transport.
• Variety in Properties: Options are varied including flats, apartments, plots, houses, and villas.

Downsides

• Cost: The average price per square foot is quite high at Rs. 12,388.
• Few Plots: Plots could be hard to find right in Shantiniketan Colony and more likely available nearby.

PropertyWala's Final Thoughts

Shantiniketan Colony in Anna Nagar West Extension, Chennai, stands out as a great spot for buyers and renters. With steady property prices, good connectivity, and essential amenities, it’s enticing for those wanting a pleasant living place. Nonetheless, buyers should weigh the high cost per square foot and the chance that plots may be in adjoining areas. In essence, it’s an area that merges comfort with modern convenience.