Overview of Thanikachalam Nagar, Chennai

Location

Thanikachalam Nagar is found in the Ponniammanmedu section of Chennai North. It’s conveniently reachable to different city areas, making it a solid pick for commuters.

Types of Properties Available

Residential Plots

• You'll find plots for sale here that vary in size, such as 1160 sq-ft and 1260 sq-ft, meaning plenty of choices if you’re looking to build your own home.

Independent Houses/Villas

• Homes and villas go on sale with some boasting a plot area of 2400 sq-ft and priced at around Rs 2.6 crores.

Builder Floors and Apartments

• There are also 2 BHK builder floors available to rent or buy, complete with all necessary amenities.

Pricing

For Sale

• The price for houses/villas on sale varies from around Rs 2 crores, depending on plot size and features.

For Rent

• Monthly rent for 2 BHK builder floors is about ₹14,000 for a 1000 sq-ft area.

Amenities and Infrastructure

General Amenities

• This locality often includes amenities like security, parking, and even community facilities such as parks or clubs.

Accessibility

• Being part of Chennai North, it offers good links to other places by public transport and roads.

Market Trends

• Property prices can shift based on builder standing, resale value, and demand within the neighborhood.

PropertyWala's Verdict

Located in Ponniammanmedu, Thanikachalam Nagar offers diverse residential options for buyers and renters. From varied plot sizes to various pricing, it meets different budgets and desires. Given its connectivity and opportunity for good facilities, it’s a tempting option if you're eyeing to settle in a conveniently linked part of Chennai North. Yet, as with any property choice, doing in-depth research and evaluating aspects like market tendencies, community amenities, and the individual needs of the buyer or tenant are key.