Overview of Thiruvika Nagar, Chennai

Location and Accessibility

Thiruvika Nagar stands in the Perambur area of Chennai, making it a well-connected suburb. This locality is known for its close access to major transportation hubs like metro stations, airports, and highways. Therefore, it attracts both commuters and families alike.

Property Prices and Trends

• Properties in Thiruvika Nagar price from around ₹12,578 per sqft, and the average price hovers around this figure.
• Residential plots range from ₹36.45 lakhs to ₹1.25 crores, with plot sizes from 900 sqft to 2400 sqft.

Types of Properties Available

• Plots: Many residential plots are offered for purchase. Sizes vary, and many are ready-to-move or ready for immediate construction.
• Individual Houses: Semi-furnished and unfurnished independent houses are available for rent and lease. These typically come with 2-3 bedrooms and areas from 730 sqft to 1266 sqft.

Amenities and Infrastructure

• Schools and Educational Institutions: Several schools provide local education, making it family-friendly.
• Transportation: Metro stations, highways, and the airport are all easily accessible.
• Utilities: Properties often include corporation water and drainage. Some have partial power backup.
• Road and Connectivity: The area features well-maintained roads that provide easy access across the city.

Rental Options

• Renters can find multiple 2 BHK semi-furnished independent houses with lease durations spanning 12-36 months. Monthly lease amounts range from ₹8 lakhs to ₹10,500.

Investment Potential

• Property prices remain stable, showing a positive trend for buying and selling. The consistent average price per sqft offers a reliable investment potential.

PropertyWala's Conclusion

Thiruvika Nagar in Chennai holds a promising real estate market, especially for residential plots or independent houses. Strong connectivity, nearby amenities, and stable prices make it appealing for investors and families. Whether you plan to buy a plot for future construction or rent a well-maintained home, Thiruvika Nagar blends convenience, amenities, and investment benefits.