Overview of Sembiyam, Chennai

Location and Amenities

• Sembiyam sits in the Perambur part of Chennai, known for its strong links and conveniences.
• The community is near schools, malls, theaters, parks, and trains, making it a great place to live.

Property Prices

• Sembiyam properties average around Rs. 5,725 per square foot. This rate holds steady from cheaper to top-end listings.
• On average, for specific setups:
  • 2 BHK flats set around ₹49.5 lac, meaning around ₹15,468 per square foot.
  • Bigger setups like 8 and 11 bedroom houses are priced at ₹4.1 crore and ₹1.2 crore respectively, with respective rates per square foot.

Rental Options

• Rental spots in Sembiyam present various apartment types and standalone homes such:
  • A 1 BHK apartment rents for about ₹12,000 to ₹16,000 monthly.
  • A 2 BHK flat or apartment ranges from Rs. 13,500 to ₹17,000 monthly.
  • And for 3 BHK options can cost ₹50,000 monthly or Rs. 55 lakhs for long-term leases.

Property Types and Conditions

• The available properties include both semi-furnished and unfurnished apartments and houses.
• Many are in gated communities offering benefits like water, drainage, 24*7 power backup, lifts, and parking.

Age and Condition of Properties

• Properties span from over 20 years old to new builds from 3-5 years old.

PropertyWala's Conclusion

Sembiyam, Chennai, offers a mix of affordable and luxury options in the real estate market. It boasts connectivity and conveniences, making it a desirable choice for both buyers and renters. Stable property prices per square foot hint at a promising market for investors. To align with individual needs, one should check specific property conditions and ages. All in all, Sembiyam looks like a good spot for real estate investment in Chennai.