Overview of Tambaram West, Chennai

Location and Accessibility

• Tambaram West, located in Chennai, South India, is a highly accessible and popular neighborhood.
• This area is conveniently close to key transportation points, such as the Tambaram railway station, making it an excellent choice for commuters.

Property Types and Pricing

Residential Properties

• Flats and Apartments:
  • You'll find these ranging in price from Rs 4050 to Rs 7350 per square foot, averaging out to around Rs 5250 per sq ft.
  • Options available include 1 BHK, 2 BHK, and 3 BHK apartments, with prices spanning from 13.2 Lac to 1.05 Cr.
• Independent Houses and Villas:
  • Property values here differ drastically. Independent houses and villas are priced from Rs 27 Lac to Rs 90 Lac.
  • Villas alone are found starting at about Rs 27 Lac.
• Builder Floors:
  • Floors from builders cost from Rs 3950 to Rs 6300 per sq ft. Total prices usually range between 84.98 Lac to 1.09 Cr.
• Plots and Land:
  • You can expect land rates to be Rs 2800-5600 per sq ft. Specific plots can range widely from Rs 25.99 L to Rs 90 L, depending on their size.

Average Price Per Square Foot

• The typical price per square foot for properties in Tambaram West is roughly Rs 5,815.

Amenities and Infrastructure

• The area caters to diverse needs with amenities like schools (such as Gurukulam Girls Higher Secondary School), hospitals (like SK Hospital), and entertainment spots such as theaters.
• Tambaram West boasts a secure and modern environment, making it a highly sought-after location to live.

Rental Market

• Renting options here vary significantly:
  • Monthly rents for 1 BHK apartments range from around Rs 7,500 to ₹12,000.
  • Monthly costs for 2 BHK apartments and houses generally fall between ₹12,000 to ₹25,000.
  • For 3 BHK units and larger, the rent can go up to ₹40,000 per month.

Growth and Investment Potential

• The property market in Tambaram West has experienced remarkable growth. We’ve seen a 15.61% rise annually, showing it to be a smart choice for buying and selling property.

PropertyWala's Conclusion

We can see that Tambaram West in Chennai has an array of real estate choices, ranging from budget-friendly apartments to fancy villas and plots. Thanks to its great connectivity, modern amenities, and the increasing property values, it’s an attractive spot for both buyers and renters. Whether looking for a home or an investment, Tambaram West provides a viable and promising setting with solid growth potential over time. However, researching and comparing prices across various sources is key to finding what fit suits best for your preferences and budget.