Overview of Sholavandan, Madurai

Location and Accessibility

Sholavandan is part of Madurai, a big city in Tamil Nadu, India. This place gives you the calm of a suburb while letting you easily access city amenities.

Types and Prices of Properties

• Residential Land/Plots:
  • You can buy a 1,900 sqft plot starting around ₹6.5 Lac, which is roughly ₹342 per sqft.
• Independent Houses:
  • One-bedroom houses cost about ₹36 Lac with approximately ₹2,571 per sqft.
  • Two-bedroom houses range between ₹52.45 Lac and ₹70 Lac, with prices from ₹2,497 to ₹7,743 per sqft.
• Farm Houses and Luxury Properties:
  • Farm houses and posh properties go for up to ₹1.60 Crore for top spots.

Rental Properties

• Rental Costs and Bonds:
  • Available rental houses come at a monthly rent of around ₹9,000 and need a security deposit of ₹45,000.
• Facilities:
  • Most rentals have amenities like CCTV, regular maintenance, and other useful services.

Real Estate Trends

• Price Levels:
  • Most properties in Sholavandan sell for up to ₹20 Lac, marking it as fairly affordable.
• Demand and Availability:
  • There's a good mix of budget-friendly and upscale property, offering something for different budgets and investment needs.

PropertyWala's Thoughts

Sholavandan, Madurai, looks like a great spot for people who want a mix of convenience and suburbs. It has different property choices from budget-friendly plots and houses to high-end farm houses, fitting many budgets. Renting there comes with necessary amenities, and prices are generally affordable. Yet, like any property purchase or rental, doing deep research and looking at local market trends are key before making any moves.