Real Estate Insight on Vellavedu, Chennai

Position and Reachability Vellavedu is tucked away in the Thirumazhisai part of Chennai. It's gaining fame because of its excellent location. Its ease of getting to major city areas makes it a top pick for people buying homes or looking to invest.

Types and Prices of Properties You'll find various kinds of properties in this area, including plots and apartments. Take Purva Raagam, the work by Puravankara Limited, for example. It's offering spots that range from 600 sqft to 2,400 sqft, priced between INR 22.50 Lakh to INR 90.00 Lakh.

But it's not just about plots. Apartments are around too. Say, a 1 BHK flat in the Vrx Magna project can fetch around INR 25 Lac.

Facilities and Perks Properties here usually come with modern conveniences. An instance to think about is Purva Raagam: it has guards, spaces for kids to play, parks, and designs that follow the Vaastu principles, aiming for a fancy comfy living.

Hire Options If renting sounds better, Vellavedu fits the bill. It’s got affordable homes to rent out. Imagine a 1 BHK house; it comes in at about INR 9,000 on a monthly basis – a fair price if you consider the benefits and location.

Pricing Trends When talking about value, Vellavedu’s average price per square foot hovers around Rs. 5,772. That’s a fairly competitive rate when compared to other sections in Chennai.

Ownership Freehold properties are widespread in Vellavedu. For example, Purva Raagam offers freehold plots which can be a big help for long-term investments for buyers.

PropertyWala’s Bottom Line

Vellavedu, Chennai stands out as a real estate gem because of its good mix of affordability, modern perks, and prime location. Whether you’re thinking of owning a fancy plot or a small apartment, even planning on renting, Vellavedu offers varied options that meet different budgets and needs. The area's improvement in infrastructure and fair prices make it a solid bet for both new home buyers and seasoned investors.