Thiru Nagar, Madurai Overview

Accessibility and Landmarks

Thiru Nagar in Madurai is a top residential area, conveniently linked to other city parts. It’s near major sites like the Thiruparankundram railway station, educational institutes, grocery stores, and temples. The area provides robust public transport, with buses zipping through Madurai's streets every 10 minutes from various points.

Amenities and Infrastructure

• Retail and Markets: Veggie markets, stores, and supermarkets are in abundance.
• Medical Care: Hospitals and medical services are close by.
• Education Hub: Numerous schools and colleges populate the region.
• Banking Services: Multiple banks and ATMs are easily available in the neighborhood.
• Transport Network: Well-serviced by trains, buses, and other public transport; close to NH-A1 four-way road.

Types and Pricing of Properties

On Sale

• Plots: These range from ₹40 Lac to ₹1.6 Crore, covering lots from 1350 to 3053 sq-ft.
• Houses: Prices range from ₹49.5 Lac to ₹2.5 Crore for configurations like 2 BHK, 3 BHK, and 5 BHK houses and villas.
• Average Price per Sqft: The price generally starts at around ₹3,593 per sqft.

To Rent

• Houses: Monthly rent spans from ₹6,000 to ₹16,000 for houses such as 1 BHK, 2 BHK, and 3 BHK.
• Common Configurations: The 2 BHK units are most sought after for both rental and purchasing.

Market Trends

• Property values have decreased by 8.01% over the past year, showing a slight bearish trend.
• Nonetheless, the area is favored for investment and living owing to its connectivity and amenities.

Quality of Living

• Community and Setting: Thiru Nagar is celebrated for its tranquil and peaceful atmosphere, high standards of cleanliness, safety, and commuting facilities.
• Public Services: Planned well for families, featuring parks, markets, and other amenities.

PropertyWala's Summary

Thiru Nagar in Madurai stands out as a prime choice for shoppers and renters because of its superior connectivity, wealth of amenities, and thoughtfully designed surroundings. Despite a slight dip in property rates lately, Thiru Nagar's attractiveness and future growth assure it remains a strong pick for investment or living in a top residential zone. Its mix of schools, medical centers, markets, and public transit significantly enhances its appeal, making it a highly desired spot for families and individuals.