An Insight into Sriperumbudur, Chennai

Location and Transport

• It sits west of Chennai, close to the Chennai-Bangalore Expressway and the upcoming second airport.
• You can reach major cities and economic hubs easily while still enjoying suburban calm.

Property Costs and Trends

• Properties here start around Rs. 1,736 per sqft. The average price is Rs. 4,398 per sqft.
• There's a price span from Rs. 2,857 to Rs. 6,221 per sqft.
• Property values have been climbing, up 12.15% just over the past year.

Diverse Property Types

• You can pick from:
  • Apartments priced between Rs. 2,300 to Rs. 4,450 per sqft.
  • Independent Houses and Villas coming in various sizes.
  • Land sits between Rs. 1,000 to Rs. 2,200 per sqft.
  • Builder Floors range from Rs. 3,700 to Rs. 4,500 per sqft.

Rental Range

• Rent prices swing depending on the unit:
  • For 1 BHKs: ₹10,000 to ₹25,000.
  • For 2 BHKs: ₹11,000 to ₹30,000.
  • For 3 BHKs: Between ₹10,000 to ₹40,000.

Benefits of Infrastructure and Amenities

• There are new infrastructure projects coming up, such as the Guduvanchery to Avadi rail project and metro extension to Parandur.
• Blacktop roads, portable water, security, and quality schools and colleges are present.
• Hospitals and medical care nearby are another plus.

Economic and Job Hub

• It's an economic hotspot particularly for manufacturing and engineering.
• Businesses have grown, expanding job and career opportunity horizons.

PropertyWala's Verdict

Sriperumbudur, Chennai, stands out for buyers and renters. Its strategic location, booming infrastructure, and economic boom make it attractive. Nearby highways and new projects enhance its appeal. Affordable properties and a variety of options make it great for real estate investment. Buyers should note the upward pricing trends. Renters will find affordable, well-equipped housing. Overall, Sriperumbudur mixes quiet suburbs with city benefits, making it a top choice for real estate in Chennai.