Insight on Yeswanth Nagar, Chennai

Yeswanth Nagar, found in the southern part of Chennai, stands out as a residential zone that packs a mix of amenities and convenience for both buyers and renters.

Position and Facilities

• Nestled in Madambakkam, part of the southern Chennai landscape, Yeswanth Nagar shines with essential amenities like hospitals, schools, colleges, and other public services.

Pricing and Market Dynamics

• Starting at about Rs. 4,000 per square foot, the property prices in Yeswanth Nagar average around Rs. 5,642 per square foot as of 2024.
• You'll find top-end properties going for up to Rs. 6,842 per square foot.
• Over the past year, there has been a 23.14% drop in property rates, marking a favorable period for buying.

Property Varieties

• Standalone Houses: These offer ample space with built-up areas starting from 1800 square feet, starting at roughly Rs. 1.2 Cr.
• Condo Units: There’s a selection of apartments priced in line with the area’s averages.
• Luxury Villas: High-end villas, such as the 3 BHK in Jal Vayu Vihar, are priced at around Rs. 2.20 Cr or ₹10,000 per square foot.

Rental Possibilities

• Fully furnished apartment rentals come equipped with comforts like TV cabinets, beds, kitchen cabinets, and storage.

Current Market Value Trends and Investment Insight

• It’s a prime time for property deals in Yeswanth Nagar with its recent rate drop.
• Investing here could be beneficial, given the current climate and market decline.

PropertyWala's Final Thoughts

In simple terms, Yeswanth Nagar balances affordability and amenities, serving well for both buyers and renters. Reduced property rates are a clear sign of good opportunities for those looking to buy or rent. However, always weigh personal needs and budget, as price and trends can differ depending on specific property type and location in Yeswanth Nagar.