Which area is best for house in Chennai?

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Which area is best for house 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.

Is it good to buy gated community?

Investing in a gated community is a good option when buying real estate. Though gated community residences always cost slightly higher than other property options, buying property in such communities can prove to be a profitable option especially if bought from a trusted builder.

Who is the best builders in Chennai?

Top Builders in Chennai

Builder Experience Total Projects
Casagrand Builder Private Limited 17 yrs 120 Projects
Brigade Group 35 yrs 80 Projects
Godrej Properties 31 yrs 150 Projects
Tata Value Homes 11 yrs 18 Projects
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What is meant by gated community?

A gated community is a residential community or housing property having a name and exact geographic demarcation as set apart by the boundaries and gates that control access to the area. One can spot gated communities in any location including cities, towns and even outskirts.

Which area in Chennai is developing fast?

Ambattur
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 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.

What are the disadvantages of a gated community?

What Are the Cons of Living in a Gated Community?

  • High Prices.
  • Inconvenient Locations.
  • Restrictive Rules.
  • Social Isolation.
  • Security Issues.
  • Guardhouse Frustrations.
  • Gate Fees.
  • Lack of Civic Power.
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Are gated communities expensive?

Homes in gated communities are more expensive for various reasons. According to a study conducted by the American Real Estate Society, or ARES, homes in gated communities are about $30,000 more expensive than a non-gated community home.

How much will cost to build a house in Chennai?

Construction Cost in Chennai in 2021 The construction cost in Chennai will range from 1450/sq ft to 4500/sq ft and will vary for ultra-luxury homes. This translates to Rs 14,50,000 Rs for an ordinary house and Rs 45 lakh for an uber-luxury home.

How much does it cost to gate a community?

The cost of a gate in a gated community can range from $500 to $12000. Adding a gate, be it in your household or community, may be expensive, but in the end, it’s worth it. Given the costs, many community owners do not mind spending more to make sure everyone in the community is safe.

Which is the best gated community in Chennai to live in?

Alliance Humming Gardens gated community within Chennai city is spread over 27 acres of green land with abundant open space and well-designed villas. 2 BHK Row Villa | 1270 Sq. Feet | Price 78 Lacs all inclusive. 3 BHK Row Villa | 1376 Sq. Feet | Price 88 lacs all inclusive. 3 BHK Independent Villa | 1645 Sq. Feet | 1.20 Cr all-inclusive.

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Which is the best place to buy a villa in Chennai?

Located at prime locations with easy connectivity to nearby hotspots, these villas feature premium facilities and spacious interiors. Which are the best places to buy villa in Chennai? A: Kelambakkam, Thalambur, Guduvancheri, Sithalapakkam and Veppampattu are some great localities to choose beautiful villas in Chennai.

How many villa development projects are there in Chennai?

If we talk about the villa development project in Chennai there are more than 50+ projects across Chennai. There are projects in Chennai which are offering villa and villa plots within the budget starting from 70 lakhs.

What are the best residential projects in Chennai for rent?

1. BBCL Villa Haven: BBCL Villa Haven Project is located at Thiruverkadu, Chennai. This project offers spacious 3 BHK & 4 BHK Villas at a very affordable price. The project is sprawled over 0.93 acres of land. Villa is of G+2 floors. The villa has enough space between them to allow natural light into your home.