SBI Colony, Chennai
- Nearby Localities
- R A Puram, Abiramapuram, Alwarpet, Teynampet, CIT Colony, Mandaveli, Nandanam, Mylapore, Gopalapuram, Santhome
About
Overview of SBI Colony, Chennai
Location and Connectivity
- SBI Colony is split across two main areas in Chennai: Pammal and Chromepet.
- In Pammal, the colony sits centrally, offering prime connectivity to key roads like the Pallavaram-Thoraipakkam Radial Road and the Chennai Bypass Road. This makes traveling to places like Pallavaram and Chromepet a breeze.
- Close by is the Pammal bus terminus, adding another layer of easy transportation options for residents.
Amenities and Infrastructure
- Developed by the State Bank of India (SBI), the colony has a thoughtful design that blends serenity with essential services.
- Residents can find reliable educational institutions nearby, such as Velammal Vidyalaya and Annai Velankanni School, as well as healthcare at Annai Arul Hospital.
- For leisure, the Pammal Lake and Pallavaram Forest are nearby attractions.
Property Types and Pricing
- Residential Options: The locality features various housing choices, including modern apartments and large independent houses.
- Price Range: On average, SBI Colony in Chromepet costs about Rs. 7,051 per square foot. This shows a stable and high-value market.
- Specific Properties: For example, in Pammal, places like the Bharathi Construction Sai White Berry Apartments have units from 502 sqft to 1115 sqft, ranging in price from Rs. 35.08 lakh to Rs. 78.75 lakh.
Amenities in Properties
- Several properties in SBI Colony boast modern amenities such as CCTV cameras, lifts, and sometimes garages.
Pros of Living in SBI Colony
- Strategic Location: Great connectivity to major roads and public transport hubs.
- Quality Infrastructure: A well-thought-out layout and strong infrastructure.
- Amenities: Closeness to essential services, schools, healthcare, and recreational areas.
- Community Living: A mix of comfort, convenience, and a tight-knit community.
Cons of Living in SBI Colony
- Price: The average cost per square foot is high, which means it's not budget-friendly for everyone.
- Limited Options: There are fewer property choices compared to other areas, especially in certain price ranges.
PropertyWala's Conclusion
SBI Colony in Chennai provides a balanced and fulfilling lifestyle, thanks to its strategic location and solid infrastructure. Though the prices are high, the quality of living and offered amenities make it a strong option for those looking for property in a serene and well-planned area. Potential buyers or renters should carefully weigh their budget and needs to choose the best opportunities in SBI Colony.
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