Varied Range For Residential Flats In Chennai

By Author: Gaurav Verma
Total Articles: 15
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The comfortably tropical and dry climate of this region as it lies on the thermal equator is what makes it extremely favorable for living and renting apartments. The four parts of this city, the central, west, north and the south with the north part being an industrial area at its prime base while the west and south madras which were earlier just known as residential basis are now converting to commercial centers and inculcating a lot of financing and technological companies and even call centers.

The very famous marina beach that stretches 6km along the shoreline of Chennai is also the second largest and most renowned beaches in the entire world. Along with a lot of transport and industrial habituates, Chennai also has a national park within its limit and 4.5% of its entire land under green forestation.

Flats in Chennai are a very good bargain and one of the good choices of location as Chennai, as a city, has infrastructure and transport facilities detailed in every ...
... way ranging from road to railways and even airports and also has some of the best recreational spots in the world with very unique beaches and national parks and exotic horticulture range in a botanical garden.

For a 1BHK residential apartment with built up area as 700 Sq. ft. and INR 3,300/- per Sq. ft on an average, the lump sum amount of the property would come up to INR 22 Lakhs and is negotiable a price too. In a place like Chennai which is considered as one of the important hubs of the country, a 1BHK apartment is really on the property cards of every dealer and agent alike and if you don’t hurry then sale studio apartments might just wear out completely.

A 2BHK flat in Chennai costing INR 2800 per Sq. ft. on lower side and built up area of around 900 Sq. ft. would definitely show the overall rates to be somewhere around INR 26 Lakhs and that is quite affordable a rate for a 2BHK apartment and with a built up area of above 900 Sq. ft. for a 3BHK and the cost of per sq. ft. coated as INR 6,000 on an average scale the overall projected amount would be around INR 56 Lakhs.

The standard Studio apartments consisting of a 1RK would be somewhere around INR 4,250 per Sq. Ft and the built in area being 400 Sq. Ft. and the entire deal would cost somewhere around INR 20 Lakhs. Thus, if you are a college student seeking further studies or masters in a different state or are a job applicant in the new city itself, this 1RK studio would be just the right thing for you. Ranging on the area spectrum fees and the carpet or built-in of the house, the sale studio apartments wouldn’t cost more than Rs. 20-24 Lakhs.

The Final Verdict

If you are vying for property in one of India’s very well known cultural and economical centers which happens to be Chennai then it would indeed be an investment well placed and this city is sure to give you tremendous returns with appraisals as soon as their trade starts minting money and the real estate would be all about ‘Chennai’.