Which area is best for flat in Chennai?

Which area is best for flat in Chennai?

Top 10 Most Posh Areas in Chennai (Best Residential Places &…

• Adyar.
• Anna Nagar.
• Besant Nagar.
• Kotturpuram.
• Mylapore.
• Nungambakkam.
• R.A Puram.
• Thiruvanmiyur.

How much does a flat cost in Chennai?

If you are planning to buy a property in one of the posh areas in Chennai, you will have to shell out around Rs 1.5 crores – Rs 3 crores for a 3BHK apartment. In an average locality, the cost will be Rs 70 lakhs – Rs 1 crore for a 3BHK apartment. The average property prices in Chennai are Rs 6,116 per sq ft.

Is it worth buying a flat in Chennai?

Yes, buying a flat in Chennai today brings great potential advantages in the future. The increasing demand for rental houses in various areas of the city due to the influx of people from various parts of the country will have a huge impact on real estate price in the future.

How much does a 2 BHK cost in Chennai?

The area of 2 BHK flats varies in this project between 995 to 1363 Sq. Ft. The price of 2 BHK flats ranges from 69 Lacs to 99 Lacs. Brigade Xanadu: This gated community is ready to move project in Moggapair Chennai.

Does flats have resale value?

A flat’s resale value is the amount it is expected to sell for in the upcoming future. The cost of many things is taken into consideration while calculating the resale value that includes any improvements made to the property, its overall age, and the condition of the flat.

Is Chennai cheaper than Bangalore?

Bangalore is 25.3% more expensive than Chennai.

What is compact 2bhk?

Compact (or small) 2 BHK homes are generally built up over an average area of 600-700 sq ft, having a living room, kitchen, study/pooja room, a kids’ room, a master bedroom, 1 or 2 bathrooms, and may come with or without a balcony.

What does 3BHK mean?

Similarly, in a 3BHK configuration unit, there are three bedrooms, a hall, and a kitchen. A BHK denotes the total number of bedrooms, hall, and kitchen areas. While a 1 BHK is suitable for a couple or a nuclear family, a 2 BHK or 3 BHK is usually favoured by a bigger family.

What is the best investment in Chennai?

Best places for real estate investment in Chennai in 2021