Overview of Srithavur, Chennai

Location and Connectivity

• Srithavur sits right along the Old Mahabalipuram Road (OMR), renowned as a major IT zone in Chennai. Residents here are close to big IT companies, schools, and more workplaces[3|.
• OMR makes the spot ideal connected to different parts of Chennai, fitting for those seeking smooth journey access to the city’s core areas.

Property Prices and Appreciation

• Srithavur’s real estate has gained value. Land prices went up 50-75% in just two years. That’s a clear sign of good things ahead for an investment.
• Now, prices per square foot can vary from Rs. 800 to higher, based on location and extra features.

Availability and Types of Properties

• You’ll find diverse residential plots here from 581 sq.ft. to over 1400 sq.ft. For instance, a development here offers plots starting from 581 sq.ft. to up to 1480 sq.ft.
• More room? There’re options to buy bigger spots, like 4 Grounds, which is 9600 Sq.Ft. right in Srithavur Village.

Infrastructure and Amenities

• The area’s got big plans. We’re seeing lots of new residential and business projects popping up. Plus, basic needs like stores, schools, and healthcare are being made ready for the expanding population.

Rental Market

• Although owning homes tends to be popular, the rental scene around OMR is thriving too. Demand for rentals, especially apartments and standalone houses, comes mainly from professionals and students heading to the area.

Pros and Cons

• Pros:
  • Excellent connectivity and closeness to IT zones.
  • Big promise for property value growth.
  • Wide range of plot sizes and living spaces.
  • Emerging infrastructure and services.
• Cons:
  • Wet weather may cause water logging in parts.
  • Public transit might be limited, so personal vehicles could be needed for easier travel.

PropertyWala's Summary

Choosing Srithavur, Chennai, looks good for folks looking to buy or invest. Spotted along OMR and with its rising property prices and building infrastructure, it mixes convenience, growth, and future benefits nicely. However, consider challenges like water issues and transit when planning. Overall, Srithavur is a smart choice for those wanting to be part of Chennai’s energetic and growing area.