Overview of Thilakar Avenue, Chennai

Location and Accessibility

Thilakar Avenue is nestled in Madipakkam, a peaceful suburb on Chennai’s southern edge. This area prides itself on maintaining a residential feel, which makes it an appealing spot for residents looking for tranquility.

Property Types and Prices

• Flats and Apartments: Discover a range of flats and apartments here, including 3 BHK units. Prices range from around ₹6,682 per sqft, averaging ₹7,056 per sqft.
• Specific Examples: For instance, a 3 BHK flat in Dhanya Flats might set you back about ₹80 lacs, calculated at ₹5,246 per sqft.

Amenities and Infrastructure

• Residential Buildings: Many residential projects dot the landscape.
• Educational Institutions and Healthcare: Thilakar Avenue is close to a variety of schools and hospitals, making it convenient for everyone.
• Affordability: Both lease and purchase rates are viewed as affordable, varying with builder, location, and the BHK configuration.

Market Trends

• Property Rates: On Thilakar Avenue, average property prices start at ₹6,682 per sqft, with a median of ₹7,056 per sqft. This suggests a stable market at moderate rates.
• Resale Properties: Resale flats average about ₹7,658 per sqft, or around ₹81.41 lacs for a complete unit.

Rental Options

• Affordability: Rental prices in Thilakar Avenue fall within an affordable range, and prices vary with the builder, location, and specifics of the BHK setup.
• Availability: There are plenty of rentals to meet varied budgets and wishes.

PropertyWala's Conclusion

Living on Thilakar Avenue in Madipakkam, Chennai, offers a blend of affordability, amenities, and a tranquil setting. Its proximity to schools and hospitals, alongside an array of residential projects, makes it an enticing choice for anyone seeking a serene and convenient living environment. No matter if purchasing or renting, the area features numerous choices catering to all tastes and budgets.