Overview of Thirumagal Colony, Chennai

Location

Thirumagal Colony lies within the Anna Nagar West Extension area of Chennai. Known for its residential charm, this spot is comparatively quiet, not as lively as the bustling city center.

Property Prices

The property prices in Thirumagal Colony tend to be affordable and cater to a wide range of budgets.

• Houses and apartments here are priced within a range that suits many buyers.

Types of Properties

• Apartments: There are many apartments for sale and rent, varying from 1BHK to 3BHK configurations.
• Independent Houses: Some areas also feature standalone houses and villas, though they are less frequent than apartment complexes.

Amenities and Infrastructure

• Schools and Educational Institutions: Thirumagal Colony boasts several schools and educational facilities, ideal for families.
• Hospitals and Healthcare: The area offers various hospitals and healthcare services to meet medical needs.
• Local Services: Local markets, grocery stores, and other essentials are available for residents.

Connectivity

• Residents enjoy relative ease of connectivity because Thirumagal Colony is close to prominent areas of Chennai, ensuring it's linked to major employment centers and other city areas.

Legal and Financial Aspects

• Stamp Duty and Registration: In Tamil Nadu, including Thirumagal Colony, the stamp duty for new property registrations is 7% of the property value. Additionally, the registration fee is 4% of the total property value.

PropertyWala's Conclusion

Thirumagal Colony, Chennai, strikes a balance between affordability, amenities, and connectivity. It stands out as an attractive choice for buying or renting property. Its residential environment, educational and healthcare facilities, and cost-effectiveness make it ideal for families and individuals. Nonetheless, like any purchase, careful research on factors like property condition, resale value, and local development plans is vital before deciding.