Your question: How can I buy a new house in Chennai?

How much does it cost to buy a house in Chennai?

To localities in Chennai include Thiyagaraya Nagar where average property value is Rs 18,890 per sq ft, followed by Purasaiwakkam with average value at Rs 12,000 per sq ft.

Property Rates & Price Trends in Chennai – 2020.

Locality Name Velachery
Buy Rates Price range per sqft 2,625 – 16,667 / sqft
Avg price per sqft 11,916.62 / sqft
Price rise 3.2%

Which place is best to buy home in Chennai?

If you are looking to buy a property in Chennai, then Old Mahabalipuram Road (OMR), Velachery, Medavakkam, Guduvancheri and Porur should be the ideal choices. As per PropIndex, the quarterly research report of Magicbricks, these five locations are the top five preferred localities in the city for buying properties.

Which area is cheapest to buy a house in Chennai?

The Top 5 Affordable Localities in Chennai

  • Pallikaranai. Pallikaranai was featured as one of India’s ‘top residential hotspots’ in a 2019 report released by Jones Lang LaSalle as an area that has a well-developed social infrastructure, excellent connectivity, and is affordable. …
  • Guduvanchery. …
  • Oragadam. …
  • Mannivakkam. …
  • Perambur.
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How can I buy a house in Tamilnadu?

Purchase of Land or Building

  1. Check the property title deed to ensure that the seller has a right over the property.
  2. Verify pattah of the property.
  3. Verify encumbrance certificate of the property. …
  4. Verify the land use zone as per the master plan for the land.

Which area in Chennai is developing fast?

4,150 – 6,750 per sq ft. Ambattur is situated in the north-west part of Chennai. It is a fast developing residential as well as industrial locality. It is also known as an ancillary hub as it houses many small-scale industries.

Which is the richest area in Chennai?

8 of the Poshest Localities of Chennai

  • Boat Club. The Boat Club area is in Alwarpet and is one of the most expensive localities in Chennai. …
  • Poes Garden. Poes Garden is another top end locality of the city. …
  • East Coast Road. …
  • Nungambakkam. …
  • Velachery. …
  • Adyar. …
  • Gopalapuram. …
  • Besant Nagar.

Where do the rich people live in Chennai?

Boats Club Road. Boats club seems to be the preferred location for millionaires in Chennai. The area is near the mouth of the Adyar river and is surrounded by lush greens. Being a millionaire would not even get you close to this boundary.

Who is the best builders in Chennai?

Top Builders in Chennai

Builder Experience Total Projects
Godrej Properties 31 yrs 148 Projects
Tata Value Homes 11 yrs 18 Projects
Prestige Group 35 yrs 152 Projects
DAC Promoters 2021 yrs 4 Projects

Which place is best to live in Chennai?

The best neighbourhoods to live in Chennai

  • Teynampet. Teynampet is one of the busiest commercial areas in Chennai and derives its name from the vast swathes of coconut groves that used to exist here. …
  • Adyar. …
  • Tambaram. …
  • Nungambakkam. …
  • Anna Nagar.
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Which is the safest place in Chennai?

1. Re: Best and safe place to live in Chennai. If you are talking about the KM near MMDA colony, you have a range of safe, secure residential areas to pick and choose: KK Nagar, Ashok Nagar, Kodambakkam, MMDA colony etc. Most of the places above are quite safe and mid priced on rentals.

Which is the best place to buy land in Chennai?

2021: Best Places for Real Estate Investment in Chennai

  • Chengalpattu. Chengalpattu is a dream location for homebuyers in Chennai. …
  • Avadi. …
  • Korattur. …
  • Anna Nagar. …
  • Tiruvallur. …
  • ENDNOTE.