Overview of Thirumazhisai, Chennai

Thirumazhisai, in the western part of Chennai, is a growing real estate hotspot that blends residential and investment possibilities.

Property Prices and Trends

• Apartments here cost between Rs 4,250 to Rs 6,100 per square foot. The average price hits around Rs 5,400 per square foot. Over the past year, flat prices climbed 13.7%, and they soared 20% over ten years.
• Land falls within Rs 3,350 to Rs 3,900 per square foot. Land prices saw a big jump last year, up 20%, and over the last decade, they hiked 260%.
• Builder floors range from Rs 5,350 to Rs 6,050 per square foot.

Property Types and Amenities

• The area covers various property types, including apartments, floors, and plots. These often belong to well-developed gated communities with modern features such as security, CCTVs, parks, playgrounds, rainwater harvesting, and water treatment facilities.
• Ready to construct plots come with the needed approvals like environmental clearance, occupancy certificates, and CMDA approval, perfect to create dream homes or business premises.

Rental Options

• Rental choices range from 1 BHK to 3 BHK apartments. Rentals start at Rs 6,000 for 1 BHK, ₹13,000 to ₹20,000 for 2 BHK, and ₹23,000 for 3 BHK. Many of these rentals are no agent fees, come with advantages like covered parking, ACs, refrigerators, and washing machines.

Location and Connectivity

• Thirumazhisai lies close to major city areas and keeps the suburban peace. You'll find it near key spots like Thirumazhisai Sipcot, E.V.P. Film City, and Alpha College. This gives easy access to the city's parts.

Development and Growth

• Fast development drives the area, with new projects standing out, like Shriram Thirumazhisai by Shriram Properties. It offers luxury living with all the modern amenities and adaptable plot plans.
• The steady appreciation in property values indicates Thirumazhisai's potential as a smart investment choice.

PropertyWala's Verdict

Thirumazhisai, Chennai, stands out for buyers and renters. It provides a blend of affordability, modern amenities, and a strategic place. With growing property values and new living projects, it's a hot spot for those wanting to invest or live in a burgeoning suburban area. If you seek a finished apartment or a place to build, Thirumazhisai has something for every budget and taste.