Overview of Seven Wells South, Chennai

Location

Located in the heart of George Town, Chennai, Tamil Nadu, Seven Wells South is nearby significant landmarks, including the Seven Wells Police Station. Areas such as Old Washermanpet are within driving distance.

Property Prices

To start with, property prices here sit around Rs. 22,880 per sq ft, averaging around Rs. 19,690 per sq ft. For larger properties like independent houses, they generally fall between ₹3Cr to ₹4Cr. Specifically, 50% of these properties for sale hover in the ₹3Cr to ₹3.2Cr and ₹3.8Cr to ₹4Cr brackets.

Types of Properties

• Residential Land: You can find freehold land in Old Washermanpet, costing roughly 3 crore.
• Apartments: Common properties include 2 BHK and 3 BHK. A semi-furnished 2 BHK flat might be found for rent at ₹15,000 - ₹1.2 lakh monthly.
• Independent Houses: Budget-friendly options between 50 - 60 lakhs are easily available.

Amenities and Infrastructure

The area boasts ample amenities. Rentals come with fully furnished apartments that include TV cabinets, beds, kitchen cabinets, and cupboards. Nearby the Seven Wells Police Station ensures locality security.

Rental Options

Rental flats, with semi-furnished units, are common. These flats range from ₹15,000 to ₹1.2 lakh per month with a negotiable rent and a security deposit. Ready to move-in apartments are good for family tenants.

PropertyWala's Conclusion

In conclusion, Seven Wells South, Chennai, offers diverse real estate choices for investors and renters alike. You get to pick from moderately to high-priced apartments and houses while enjoying the added benefits of nearby essential amenities and security. When planning to invest or live here, review the varying rates and property types to match your requirements.