St Thomas Mount, Chennai

About

Overview of St Thomas Mount, Chennai

Location and Connectivity

St Thomas Mount is situated in Chennai, noted for its historical import and strategic spot. It's connected well with other parts of the city, making it a hotspot for locals and investors alike.

Pricing in the Market
  • Properties in St Thomas Mount start at around Rs. 1,142 per sq ft.
  • The average price sits near Rs. 1,142 per sq ft, showing steady rates.
  • At the high end, the most expensive property might reach up to Rs. 12,777 per sq ft.
Property Varieties
  • You can find choices like 1 BHK, 2 BHK, and 3 BHK flats, along with standalone houses and villas.
  • For those who want ready-to-occupy homes, plenty are available, and some are as well under construction.
Amenities and Key Services
  • Residents usually enjoy perks like air conditioning and wardrobe spaces, among other high-end features.
  • It’s close to critical services, like the Cantonment Board General Hospital, making it convenient.
Rentable Options
  • Renting a space here offers fair rents. For instance, you can lease a 3 BHK unit for about Rs. 49,999 monthly, complete with amenities like air conditioning and built-in wardrobes.
Market Changes
  • Over the past year, property values dipped by 11.34%, making the area worthy of attention for both investors and everyday users.
Investment Insights
  • Even with the decline, St Thomas Mount remains appealing for buying or selling, thanks to its position and trends in Chennai’s real estate.

Advantages and Disadvantages

Upsides
  • Prime Spot: Excellent connectivity to other Chennai areas.
  • Residential Selections: Diverse housing including flats, standalone houses, and premium options.
  • Facilities: Often come with top-tier features.
  • Service Proximity: Just steps away from hospitals and other essentials.
Downsides
  • Recent Price Drop: Investors might worry about the 11.34% drop in property rates over the past year.
  • Pricing Range: Prices vary widely, from affordable to high-end.

PropertyWala's View

St Thomas Mount, Chennai, looks like a win for anyone eyeing to buy or rent due to its key location, array of housing choices, and plentiful amenities. Even after the drop in prices, the place’s allure and the general real estate trends make it a smart move for buying or investment. Buyers or renters should review the present market and their own needs carefully.

Reviews

St Thomas Mount station is the Hub of Chennai. You can go to any part of the Chennai city from here. Junction for MRTS, Metro, Koyambedu, Annanagar, etc. All south bound trains, Beach-Tambaram suburban train service pass through this three tier station. Close to airport, schools, colleges, etc.

Pros
  • Connectivity
  • Centrally located hub.
Cons
  • Work in progress
St Thomas Mount, Chennai is rated 7 out of 10 based on 1 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.

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Sale Properties

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Apartment / Flat

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Apartment / Flat

: Casa Grande Aristo is a residential project by Casa Grande Private Limited which offers 2, 3 & 4 Bhk apartments available at Pazhavanthangal,Alandur, Chennai.

Rental Properties

Price Trends

Locality ID
A514111125
PinCode
600024