Taramani, Chennai

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Insight into Taramani, Chennai

Taramani, a suburb nestled in Chennai, is catching attention as a prime spot for both buyers and renters in the real estate scene. Allow me to share a thorough analysis to guide your decision-making:

Real Estate Prices and Trends
  • Properties here kick off at around ₹11,000 per sqft. On average, the price scales to Rs. 10,598 per sqft.
  • Property rates have seen an explosive climb, up 57.04% year-over-year (YoY) during the last year.
  • Looking ahead, the real estate sector in Chennai's wider area expects a growth of 5-7% from 2024-25, fueled by infrastructure development and economic improvements.
Listings and Types
  • For sale, Taramani offers a range of housing styles: from compact 1 BHK flats to larger 2 BHK and beyond. The 1 BHK remains the popular choice.
  • Rent listings vary from 1 RK, a simple setup with a kitchen included, to 2 BHK units with various living spaces.
The Rental Scene
  • Rental costs depend on the unit type and included amenities:
    • 1 RK: Rent starts at Rs. 4,000 per month, with a security deposit at ₹20,000.
    • 1 BHK: Monthly fees range from Rs. 5,000 to Rs. 8,000, with deposits from ₹25,000 to ₹50,000.
    • 2 BHK: Rent is about ₹10,000 per month with a deposit at ₹40,000 per month.
Facilities and Infrastructure
  • Most Taramani properties include standard utilities like city water, drainage, and car/bike parking.
  • Infrastructure improvements, like major road proximity and the upcoming Phase II of the Chennai Metro Rail, ensure better connectivity.
Market Demand and Investment Benefits
  • Taramani thrives as part of Chennai’s expanding smaller markets, promising opportunities in housing sectors from budget-friendly to upscale.
  • Growing demand for medium and high-end apartments pushes this trend, attracting young professionals and families wanting a good mix of cost and quality.
  • Investors see great promise here due to the area's strategic location and potential for price hikes.
Final Thoughts from PropertyWala

In a nutshell, Taramani in Chennai offers a compelling mix for both buyers and renters. With prices on the rise, infrastructure being bolstered, and increased middle-segment housing demand, now is an optimal moment to consider property investment here. Taramani's array of property options and essential amenities make it an attractive bet for anyone eyeing ownership or rental opportunities in Chennai. As Chennai's broader real estate market finds a steadying hand with sustainable growth, Taramani emerges as a notable area promising both immediate comfort and long-term value gains.

Nearby

  • Transport

    • Indira Nagar (<1 km)
    • Thiruvanmiyur MTC Terminus (~2 km)
    • Hindustan Petroleum (~2 km)
    • Little Mount (~5 km)
    • Chennai International Airport (~13 km)
    • Chokani Jetty (~18 km)
  • Shopping & Dining

    • Domino's Pizza (<1 km)
    • Dhanyam organic shop (~1 km)
    • Cafe Coffee Day;Higginbotham's (~2 km)
    • Marks & Spencer (~4 km)
    • Phoenix Marketcity Chennai (~4 km)
    • Modern Fish Market (~8 km)
  • Healthcare

    • Chennai Clinical Centres (<1 km)
    • Adyar Dispensary (~1 km)
    • Voluntary Health Services Medical Centre (~1 km)
    • IMPCOPS Traditional Hospital (~2 km)
    • Rajalakshmi Pharma (~2 km)
    • Apollo Pharmacy (~3 km)
  • Education

    • The Institute of Mathematical Sciences (<1 km)
    • Asian College of Journalism (<1 km)
    • roja muthiah research library (<1 km)
    • Indian Institute of Technology - Madras (~1 km)
    • Vanavani Matriculation Higher Secondary School (~1 km)
    • Kendriya Vidyalaya IIT Chennai (~2 km)
  • Leisure & Entertainment

    • Sports Complex (<1 km)
    • TRIL Central Park (<1 km)
    • Children's Park, Guindy (~2 km)
    • Cosmopolitan Club Golf Course (~5 km)
    • PVR Cinemas (~5 km)
    • Nungambakkam SDAT Stadium (~10 km)
  • Services

    • HDFC Bank ATM (<1 km)
    • HDFC Bank (<1 km)
    • India Post - IITM Branch (~2 km)
    • Barath Sanchar Ningam Limited (~2 km)
    • Fire service station;Fire Force Service center (~4 km)
    • Police Station - J1 - Saidapet (~5 km)
  • Religious Places

    • Temple (<1 km)
    • Calvary Community Church (~2 km)
    • Kurasani Peer Masjid (~2 km)
    • Madhya Kailash (~2 km)
    • Masjid e Noor (~3 km)
    • Saibaba Temple (~4 km)
  • Business & Hospitality

    • Ramanujam SEZ (<1 km)
    • Taj Wellington Mews (<1 km)
    • Ascendas IT Park (~1 km)
    • Nehru Nagar Industrial Estate (~3 km)
    • Fortune Beach Resort ECR Chennai (~4 km)
    • Guindy Industrial Estate (~6 km)
Places © OpenStreetMap contributors, Overture Maps Foundation * Distances from the centre of Taramani

Reviews

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News

Chennai Metro Phase 2: 118.9 km, 128 stations, ₹63,246 crore across three corridors

Trade Brains · · Infrastructure

Chennai Metro Phase 2 will add 118.9 km of metro rail across three corridors with 128 stations at ₹63,246 crore, connecting residential, commercial and IT areas including Taramani.

Key facts

Chennai Metro Phase 2 is an expansion project by Chennai Metro Rail Corporation (CMRL) with a total length of 118.9 kilometers, 128 stations, and cost of ₹63,246 crore including interest on construction. 76.3 kilometers will be elevated and 42.6 kilometers underground.

Corridor 3 (Madhavaram to SIPCOT): 45.8 km - Connects Purasaiwalkam, Mylapore, Adyar, Taramani, Thoraipakkam and the southern IT corridor.

Corridor 4 (Lighthouse to Poonamallee Bypass): 26.1 km - Covers Nandanam, T. Nagar, Vadapalani, Porur and Poonamallee with east-west connectivity.

Corridor 5 (Madhavaram to Sholinganallur): 47 km - Longest corridor connecting Villivakkam, Anna Nagar, Koyambedu, Vadapalani, Ashok Nagar, Alandur, Madipakkam, Medavakkam and Perumbakkam.

Areas expected to benefit: Porur, Poonamallee, Adyar, Sholinganallur, Madhavaram, Mylapore, Taramani, Thoraipakkam, Villivakkam, Anna Nagar, Koyambedu, Madipakkam.

Property prices (last year growth): Poonamallee ₹5,750/sq ft (+4.5%), Porur ₹8,700/sq ft (+11.5%), Adyar ₹19,000/sq ft (+3%), Sholinganallur ₹8,950/sq ft (+19.3%), Madhavaram ₹8,750/sq ft (+16.7%), Villivakkam ₹9,900/sq ft (+8.6%).

Metrowater seizes illegal pumps in Alapakkam to stabilize supply

Mirror Now on MSN · · Infrastructure

Chennai Metrowater confiscated eight illegal booster pumps in Alapakkam and other areas to resolve water pressure issues and ensure equitable distribution.

Key facts

Chennai Metrowater confiscated eight illegal booster pumps in Alapakkam, Maduravoyal, and Taramani. The crackdown aims to resolve water pressure issues and ensure equitable distribution of water supply.

Taramani Residents Protest Sewage-Contaminated Water and Delayed Pipeline Works

New Indian Express · · Infrastructure

Residents of Periyar Nagar and Gandhi Nagar in Taramani report sewage-contaminated water and await a ₹200 crore pipeline revamp affecting 33,000 people.

Key facts

Residents of Periyar Nagar and Gandhi Nagar in Taramani, Chennai, said foul, brackish water mixed with sewage has reached homes for nearly a year, forcing families to buy canned water. The problem worsened in recent weeks, prompting a protest near the Chennai Metropolitan Water Supply and Sewerage Board office in Ward 178 on Wednesday. Residents also complained of damaged roads and delays in replacing ageing drinking-water and sewer pipelines. Stormwater-drain work in parts of Gandhi Nagar has damaged drinking-water pipes, allowing sewage into the supply, they said; some roads have not been relaid for years.

Ward councillor S Baskaran said a ₹200 crore project to revamp drinking-water and sewerage pipelines across Taramani, including Periyar Nagar and Gandhi Nagar, had been tendered and work orders issued about a year ago under the Jal Jeevan Mission, but work had not begun. CMWSSB officials said work would start in October. The pipelines are around 40 years old, and about 33,000 residents depend on the network, which is strained by population growth and increased paying-guest accommodation.

CMRL starts tunnelling between Perambur Barracks Road and Pattalam

The News Today · · Infrastructure

Chennai Metro Rail Limited has begun tunnelling for Phase II Corridor 3 between Perambur Barracks Road and Pattalam, with the first TBM already 600 metres in.

Key facts
  • Chennai Metro Rail Limited (CMRL) has started tunnelling between Perambur Barracks Road and Pattalam for the 118.9-km Phase II project.
  • The work is part of Corridor 3 between Madhavaram and Siruseri SIPCOT.
  • The first Tunnel Boring Machine (TBM) on the stretch has completed nearly 600 metres.
  • Because of space constraints near Pattalam, the underground section is being built as a stacked tunnel, with one Metro line above the other.
  • The tunnel will go to a maximum depth of around 30 metres at some points.
  • The TBM will pass through clayey soil and weathered rock beneath residential and commercial buildings along Perambur Barracks Road, then turn into Strahans Road and reach Pattalam.
  • Perambur Barracks Road Metro station is being built near the mosque.
  • Pattalam Metro station is coming up near Mahalakshmi Theatre on Strahans Road.
  • CMRL expects the first tunnelling drive on this stretch to finish in about six months.
  • Corridor 3 is expected to improve connectivity across north and south Chennai, linking Moolakadai, Sembiyam, Thirumayilai, Adyar, Taramani, Thoraipakkam, Sholinganallur and Siruseri SIPCOT.
CMRL starts tunnelling between Perambur Barracks Road and Pattalam

thehindu · · Infrastructure

Chennai Metro Rail has begun tunnelling for Phase II between Perambur Barracks Road and Pattalam, with the first drive expected to finish in six months.

Key facts
  • Chennai Metro Rail Limited (CMRL) has started tunnelling work for Phase II of the metro project between Perambur Barracks Road and Pattalam in Chennai.
  • The underground stretch is part of the 118.9 km Phase II project and falls on Corridor 3 from Madhavaram to Siruseri SIPCOT.
  • The network is expected to improve mobility for commuters in Perambur Barracks Road and Pattalam, both areas with small businesses, commercial establishments and residential buildings.
  • The corridor is expected to make travel seamless to Moolaikadai, Sembiyam, Thirumayilai, Adyar, Taramani, Thoraipakkam, Sholinganallur and SIPCOT when operations begin.
  • The Pattalam station is being built near Mahalakshmi Theatre on Strahans Road; the Perambur Barracks Road station is near the mosque.
  • The first tunnel boring machine has already bored nearly 600 metres.
  • The tunnel is being built as a stacked tunnel, with one line above the other, because of limited space at Pattalam.
  • The stretch may reach a maximum depth of about 30 metres.
  • The TBM will bore through clayey soil and weathered rock, and will pass under residential and commercial complexes before turning left into Strahans Road and reaching Pattalam.
  • Officials estimate the first tunnelling drive will be completed in six months.
News items from other publishers are their reports, condensed; follow the link for the full report. PropertyWala.com is not their source.

Sale Properties

3 Bedroom Apartment for sale in Adyar, Chennai
₹ 3.09 Cr

3BHK Flat for sale in Adyar

₹ 3.09 Cr

  • 1,550 SqFeet
  • ₹19,921/SqFeet
  • Immediate

Newly constructed flat in the heart of chennai

: Welcome to Your New Dream Home At Adyar Apartments for sale 3 BHK apartments Surrounded by Residency houses Super Markets Nearby school, colleges 24/7 hospitality's and transportation facilities sweet ground Water well developed area 90% loan available in famous banks.
Posted: by R Dhana laxmi
Property ID: P993939482
4 Bedroom Apartment for sale in Casagrand Vienna, Adyar, Chennai
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4BHK Flat for sale in Adyar

₹ 6.49 Cr

  • Casagrand Vienna
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  • 2,784 SqFeet
  • ₹23,312/SqFeet

Apartment

: Casagrand Vienna project is located in the heart of Adyar, Chennai offers 2, 3 & 4 BHK apartments with multiple amenities.
4 Bedroom Apartment for sale in Casagrand Vienna, Adyar, Chennai
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4BHK Flat for sale in Adyar

₹ 7.15 Cr

  • Casagrand Vienna
  • Within 4 Years
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  • ₹23,057/SqFeet

Apartment

: Casagrand Vienna project is located in the heart of Adyar, Chennai offers 2, 3 & 4 BHK apartments with multiple amenities.
4 Bedroom Apartment for sale in Casagrand Vienna, Adyar, Chennai
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4BHK Flat for sale in Adyar

₹ 10.52 Cr

  • Casagrand Vienna
  • Within 4 Years
  • 4,677 SqFeet
  • ₹22,493/SqFeet

Apartment

: Casagrand Vienna project is located in the heart of Adyar, Chennai offers 2, 3 & 4 BHK apartments with multiple amenities.
3 Bedroom Apartment for sale in Casagrand Vienna, Adyar, Chennai
₹ 5.1 Cr

3BHK Flat for sale in Adyar

₹ 5.1 Cr

  • Casagrand Vienna
  • Within 4 Years
  • 2,192 SqFeet
  • ₹23,266/SqFeet

Apartment

: Casagrand Vienna project is located in the heart of Adyar, Chennai offers 2, 3 & 4 BHK apartments with multiple amenities.
3 Bedroom Apartment for sale in Casagrand Vienna, Adyar, Chennai
₹ 6.1 Cr

3BHK Flat for sale in Adyar

₹ 6.1 Cr

  • Casagrand Vienna
  • Within 4 Years
  • 2,665 SqFeet
  • ₹22,889/SqFeet

Apartment

: Casagrand Vienna project is located in the heart of Adyar, Chennai offers 2, 3 & 4 BHK apartments with multiple amenities.

Rental Properties

Price Trends

Locality ID
A721112236
PinCode
600036