Overview of Sri Ramachandra Nagar, Chennai

Location and Accessibility

Sri Ramachandra Nagar, found in Porur, Chennai, is a top residential area prized for its strategic location. It lies near important sites, including Sri Ramachandra Medical College and Research Institute, and has easy access to amenities like schools (like Kalashetra Matriculation School), hospitals (like DR Multispeciality Hospital), and transport hubs (including Pallavaram Railway Station).

Property Types and Pricing

The area presents diverse property options, including:

• Apartments: Ranging from 1 to 3 BHK units, these apartments see prices vary greatly. For instance, older ones around 2 BHK go for about ₹1.85 Cr, while new ones may be priced differently.

  • Average Price per Sq.Ft.: An average price per square foot in Sri Ramachandra Nagar is around ₹4,250.

• Independent Houses: Usually modern and spacious with multiple bedrooms. These houses’ prices go from ₹1.10 Cr to ₹2.50 Cr based on size, age, and amenities.

• Plots: Available for people wanting to construct homes, these plots often get CMDA approval and are ideal for immediate building. Prices can vary significantly, say ₹45.5 Lac in Gerugambakkam to ₹22.09 Cr in Irandam Kattalai.

Amenities and Facilities

• Educational Institutions: Close to schools like Kalashetra Matriculation School.
• Healthcare: Nearby hospitals like DR Multispeciality Hospital.
• Transportation: Near public transit, such as Pallavaram Railway Station.
• Community Facilities: Some properties feature amenities like 24-hour security, CCTV cameras, kids’ play areas, and well-maintained, gated communities.

Price Trends

Over the past year, property rates in Sri Ramachandra Nagar took a steep dip, down by 37.57%. Still, with the average ₹4,250 per square foot, it's a good time for property buying and selling here.

Lifestyle and Environment

• Lifestyle: The area combines modern lifestyle options with contemporary residences and amenities.
• Environment: The locality’s secure and well-maintained nature marks it as ideal for families and professionals.

PropertyWala's Final Say

Sri Ramachandra Nagar, Porur, Chennai, offers something for everyone looking to buy or rent property. It’s prime location, varied property options, and diverse amenities make it appealing. Recent price dips don’t overshadow the balance of affordability and luxury this area provides. So, considering its key amenities and secure setting, Sri Ramachandra Nagar is perfect for a comfortable, convenient living experience in Chennai.