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959 Sqft
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Are you looking to buy apartments or flats for sale in Chennai? Then you are in the right place. At RoofandFloor, we have over 2396 fully furnished and semi-furnished flats listed on our website for sale. We offer homebuyers a wide range of opti...Read More
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Apartments for sale in Chennai would be an ideal option for homebuyers and investors. There are a wide range of flats available for sale in Chennai based on your budget and preferences. Apartments offer a spacious living area with a blend of tradition and modernity.
Why Apartment is a Good Investment?There are various factors that make purchasing an apartment in Chennai a good investment. Some of the significant factors that should be taken into consideration are:
What are the Prime Localities in Chennai to Buy an Apartment?
Prime localities in Chennai to buy flats for sale are Porur, Vanagaram Madipakkam, Urapakkam, Kelambakkam, and OMR. These localities are considered the prime localities to buy apartments for sale in Chennai, as the residential housing demand is quite high in these areas.
Locality |
Min Price |
Max Price |
Average Price Per Sq Ft |
OMR |
30 Lac |
2 Cr |
6,500 INR |
Sholinganallur |
20 Lac |
1.5 Cr |
7,000 INR |
Medavakkam |
25 Lac |
2.5 Cr |
5,200 INR |
Kelambakkam |
30 Lac |
3 Cr |
3,500 INR |
Madipakkam |
20 Lac |
1.5 Cr |
6,500 INR |
Velachery |
30 Lac |
1 Cr |
8,500 INR |
Porur |
30 Lac |
1.5 Cr |
5,800 INR |
Vanagaram |
30 Lac |
2 Cr |
7,000 INR |
#The data is based on market research
What Are The Best Places to Buy Flats in Chennai?
The best places to buy flats for sale in Chennai are Tambaram, Sholinganallur, Medavakkam, OMR, Nanganallur, Anna Nagar, and Porur. These areas are considered the best places to buy apartments based on various criteria, like location advantages, pricing, amenities, connectivity, and future prospects.
Location Advantages: Tambaram is one of the prominent areas situated in the southern part of Chennai that is developing fast. As it offers ample amenities in a peaceful locality, it is one of the most prominent localities for real estate in Chennai.
Pricing: The approximate cost of buying an apartment in Tambaram ranges from 50 lakhs to 1 crore.
Amenities: Tambaram has a residential neighborhood with all the essential amenities at affordable pricing. Hospitals, markets, and schools are in closer proximity to this location.
Connectivity: It is significantly closer to Chennai airport and has better routes, which make it easy to commute.It also has better connectivity to the major IT hubs in Chennai.
Future Prospects: The upcoming project in Tambaram that could impact real estate is the fourth rail route between Tambaram and Chengalpattu.
Location Advantages: Sholinganallur is a rapidly growing area in Chennai, as the number of companies in Sholinganallur has been on the rise in recent years, which makes it the best place to buy flats for sale in Chennai.
Pricing: It offers residential plots in the mid- to premium-budget segment.
Amenities: Sholinganallur also has better social infrastructure, encompassing popular schools, hospitals, shopping malls, and more.
Connectivity: It is on OMR and connected to ECR via Sholinganallur Main Road. It is close to the commercial and entertainment hubs.
Future Prospects: The metro project from Sholinganallur to SIPCOT, to be completed by 2027, will significantly impact the real estate demand in this area.
Location Advantages: Medavakkam is one of the fast-developing residential localities in the southern parts of Chennai that has proximity to various other locations.Medavakkam is also known for its steady growth in the real estate market, as it offers excellent investment potential.
Pricing: The apartments in Medavakkam range from 35 lakhs to 60 lakhs.
Amenities: It offers a good living environment with all the necessary amenities, like quality educational institutions, healthcare facilities, shopping malls, cinemas, restaurants, and more.
Connectivity: Commuting is made easy from Medavakkam due to the presence of the Velachery-Tambaram main road.
Future Prospects: The proposed Chennai Metro Corridor 5 Phase 2 will link Madhavaram and Sholinganallur with Medavakkam.
Location Advantages: OMR is the commercial center of Chennai that encompasses urban vibrancy with all the necessary amenities situated on the outskirts of Chennai. OMR offers a dynamic and balanced lifestyle with a unique living experience.
Pricing: The price point of the properties is much lower than the properties in other similar localities in Chennai.
Amenities: OMR also encompasses ample amenities like supermarkets, playgrounds, and more. It is considered the IT hub of Chennai, as there are several IT parks located in this area.
Connectivity: OMR has better connectivity due to the availability of public and private transportation facilities.
Future Prospects: A future railway overbridge and metro phase 2 corridor 3 (Purple Line), which will run along OMR at an elevation of about 20 kilometers.
Location Advantages: Nanganallur is one of the upcoming residential localities in Chennai, with better infrastructure and a cosmopolitan culture. Some other significant things in Nanganallur are the Nanganallur Arts and Crafts Fair, the Annual Nanganallur Festival, and the Nanganallur Music Festival.
Pricing: The cost of buying an apartment in Anna Nagar would be around 40 lakhs and 1 crore.
Amenities: It offers various affordable housing options along with excellent social infrastructure encompassing educational institutions, entertainment centers, and healthcare.
Connectivity: It is located in close proximity to Chennai International Airport. Apart from this, it also has excellent road and rail connectivity.
Future Prospects: Three kilometers from Nanganallur, at Madipakkam, is the proposed station where locals may access the Red Line of the Chennai Metro.
Location Advantages: Anna Nagar is one of the well-planned residential localities in Chennai.The primary landmark is the Anna Nagar Towers, built in 1968. With better connectivity and an excellent lifestyle, the real estate market in Anna Nagar is always flourishing. The demand for properties never goes down in this area.
Pricing: The cost of buying an apartment in Anna Nagar would be around 35 lakhs and 1 crore.
Amenities: Anna Nagar has various colleges and schools nearby. The popular VR Chennai Mall is also located in Anna Nagar, near Shanthi Colony and Thirumangalam Junction. The popular employment hubs located near Anna Nagar are Padi Industrial Estate, Ambattur Industrial Estate, and SIDCO Industrial Estate.
Connectivity: It has excellent connectivity. It also has two underground metro stations: Anna Nagar Tower and Anna Nagar East.
Future Prospects: Under the Mega Streets Project, renovation of internal roadways such as Third Avenue Road, Pulla Avenue, and Kilpauk Garden Road will ease traffic.
Location Advantages: Porur is one of the most popular residential colonies in South Chennai. Porur is extremely safe and ideal for families. The demand for residential apartments in Porur is constantly increasing due to the amenities it offers.
Pricing: The apartments for sale in Porur range from 2,500 INR to 8,500 INR per sq ft.
Amenities: Popular IT parks in Porur are DLF IT, Prince Info IT Park, Ambit IT Park, Jayanth Tech Park, and more. The presence of these commercial hubs offers excellent job opportunities. It also has various amenities like temples, churches, shops, educational institutes, healthcare, and so on.
Connectivity: It is located in closer proximity to Chennai International Airport, Alandur Metro Station, and the Koyambedu Central Bus Stand.
Future Prospects:In the forthcoming Chennai metro phase 2 corridors 4 and 5, there will be a dedicated station on Porur Junction that will improve the connection.
Disclaimer: This data is purely based on the Market research
The best localities to buy flats in Chennai are OMR, Adyar, Anna Nagar, Porur, Velachery, Tambaram, Sholinganallur, Guduvancherry, and Pallavaram. These localities are considered the best places to buy flats in Chennai, as they offer a wide range of choices for homebuyers. Some of the factors that make these localities stand out from the rest are amenities, emerging commercial hubs, and connectivity.
The average prices per square foot for apartments in Chennai in the top localities are:
The approximate property prices in the top localities in Chennai are:
The real estate market trends for flats in Chennai in the micro-markets that have increased in value are:
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