Apartments for sale in Kelambakkam, Chennai

Kelambakkam, the southern gateway to the magnificent metropolis of Chennai, is situated along the Old Mahabalipuram Road (OMR). It is one of the fastest-developing residential areas located in close proximity to Chennai. Connectivity is better at Kelambakkam, as it lies at the intersection of the East Coast Road (ECR), the Grand South Trunk (GST), and OMR Chennais few main roads. It is also considered the best choice of residents for IT professionals as there are various IT hubs that are located within its premises, like SIPCOT (6.5 km), Siruseri (8.7 km), and more. Kelambakkam’s infrastructure encompasses everything from markets to supermarkets and malls. Real estate in this area is rapidly developing due to various upcoming infrastructural developmental projects proposed by the government, like Metro Phase 2. 

Insights into Residential Real Estate Trends in Kelambakkam 

The approximate cost of buying an apartment in Kelambakkam, Chennai, ranges from 3500 INR to 12,700 INR per sq ft. Major real estate expansion in Kelambakkam is due to low-value degradation and good returns. With more jobs available throughout the entire belt, the demand for real estate will increase significantly within the next two to three years. 

As per our available data, the property value of flats in Kelambakkam has increased by 1.36% in the last 3 years, 5.5% in the last 5 years, 7.7% in the last 7 years, and 8.3% in the last 10 years. There are over 1621 newly constructed, ready-to-occupy apartments for sale in Kelambakkam. One of the main reasons for the rise in real estate in this area is the better infrastructure and more reasonable property prices compared to nearby areas. 

The upcoming developments in Kelambakkam that impact the real estate trends are: upcoming metro line phase 2 corridor 3 connecting SIPCOT and Madhavaram to enhance connectivity; mega sports city located at Thiruvidanthai with high-end sports amenities located within the radius of 4 km for Kelambakkam; and Kelambakkam under-construction bypass with 4.65 km length. The developments of these projects will increase the demands, market trends, and price points of this area in the real estate industry. 

Key Features in Kelambakkam 

• It offers a wide range of residential options, like apartments, flats, villas, and luxury homes. 
• It is easy to reach Chennai International Airport, located 33 km from Kelambakkam, through OMR. 
• It has better inter-city connectivity through SH-121 Kelambakkam - Vandalur Road and Old Mahabalipuram Road (State Highway 49A). 
• Major IT hubs like SIPCOT, a significant tech park home to many large domestic and international corporations, are within a radius of 7 km. 
• It is situated closer to Kovalam Beach, located at a distance of 5 km. Kovalam Beach is easy to access via Kovalam - Kelambakkam Road. 
• Several commercial hubs that are in close proximity to Kelambakkam are Alpha City SSPDL (6.2 km), ELCOT SEZ (14.9 km), Pacifica Tech Park (6.5 km), and ETA Techno Park SEZ (7.3 km). 
• It connects to major roads like Grand Southern Trunk (GST) Road and East Coast Road (ECR) via Kelambakkam-Vandalur Road and Kelambakkam - Kovalam Road, respectively, which enchances connectivity.
• It has various top educational institutes, healthcare, and other social entertainment like SSN College of Engineering (4.8 km), Chettinad Sarvalokaa Education (2.1 km), Chettinad Health City (1.6 km), Swaram Hospitals (13.8 km), Marina Mall (6.2 km), and so on.
• Some of the top builders in Kelambakkam are House of Hiranandani, The Nest Builders, Urbanrise, DRA Homes, and Shantiniketans.