Overview of Tambaram East, Chennai

Location and Connectivity

• Tambaram East is situated along the Chennai-Trichy Highway (GST Road), boosting its connectivity with other parts of the city.
• It is only 9 km away from Chennai International Airport via the Chennai-Trichy Highway.

Property Prices and Trends

• The average cost of properties in Tambaram East goes around ₹6,664 per sqft, with price ranges from ₹2,625 to ₹13,500 per sqft.
• Another source reports that the average flat prices are roughly ₹7,050 per sqft; costing from ₹4,550 to ₹7,200 per sqft.
• Land rates here are approximately ₹4,500 to ₹5,300 per sqft.

Types of Properties Available

• The area has different residential homes, including apartments, standalone houses, villas, and plots.
• There are over 212 properties listed, featuring a mix of low-rise apartments, plots, and builder floors, mostly favoring mid-income buyers.

Price Appreciation

• Property values in Tambaram East have shown big increases: 21.9% last 1 year, 3.2% over 3 years, 16.4% over 5 years, and a 42.2% rise in a decade.

Amenities and Infrastructure

• The neighborhood is rich in amenities including a dependable water system, 24-hour electricity, schools, markets, bus stops, railway stations, and nearby hotels.
• Public transport is organized well, with taxis and autos readily available. It boasts regular police patrols ensuring safety.

Challenges

• Residents often face garbage disposal problems, limited clean water supply, and water pooling during rains.
• Parking spaces are usually paid, and the free slots are in bad shapes. Traffic congestion has escalated leading to higher pollution.

Popular Configurations

• The favorite home setup in this locality is the 2 BHK flat, available in price ranges from ₹63.83 lakhs to ₹97.9 lakhs.

Rental Options

• For renters, you'll find flats from 1 RK to 2 BHK with various facilities like municipal water supply, drainage systems, rainwater harvesting, and sewage treatment. Rent costs range from ₹4,000 to ₹16,000 monthly.

Conclusion by PropertyWala

In sum, Tambaram East, Chennai, pairs affordability, connectivity, and amenities, making it appealing for both buyers and tenants. Though parking and water supply pose some issues, the area holds great investment and residency potential. It is a lively, practical area with strong growth for property values, thus a sound choice for anyone wishing to live or invest in Chennai.