Overview of South Jagannatha Nagar, Chennai

Location

South Jagannatha Nagar falls in the Villivakkam area, in North Chennai. This place is in a larger residential area, which makes it a good spot for people who want a mix of city life and residential peace.

Property Types

• Residential Properties: There are many choices here, including apartments and standalone houses. Specifically, we see 1 BHK, 2 BHK, and 3 BHK apartments for rent or purchase, along with standalone houses.
• Plots and Land: If you’re considering building your own home, there are also plots and land for sale to suit your preferences.

Pricing

• Residential Properties: The costs differ. We see 1 BHK house rentals around ₹9,000 per month. Meanwhile, buying a 2 BHK or 3 BHK apartment can start from ₹1.10 Cr for a 977 sqft space.
• Plots and Land: Prices here start around ₹10,000 per sqft, with plots beginning from ₹77.6 Lac.

Price Trends

• The recent trend shows steady rises in property values. For example, the average price per sq.ft climbed from ₹6,500 in Q3 2022 to ₹8,077 in Q2 2023.

Amenities and Infrastructure

Exact amenities in South Jagannatha Nagar aren't detailed, but since it’s part of Villivakkam, you can expect typical residential area features: nearby markets, schools, hospitals, and other basic needs fulfillment.

PropertyWala's Conclusion

South Jagannatha Nagar, Chennai, offers great prospects for investment or living in a residential zone with rising property values. The area has apartments, houses, and plots for various budgets. With ever-increasing prices, it might be a perfect time to buy or rent. Regardless, checking the local amenities and infrastructure can ensure it matches your specific needs. Wrapping it up, this area is solid for property considerations.