South Chennai is the heart of the city’s IT growth. Bustling with life, South Chennai has enjoyed stratospheric growth over the past decade or so. If you are a professional working in one of the many IT parks that dot the area, then you might just be interested in buying an apartment here and save yourself a long commute.
We thought of making it simpler for you and check out the best areas to buy a 2BHK in South Chennai.
KK Nagar
Average price: Rs 7,000-10,000 per sq. ft.
Price index: Luxury to ultra-luxury
One of the few planned townships in Chennai, KK Nagar definitely deserves to be on your list for buying a 2BHK apartment. A posh locale, it is a calm neighbourhood with some renowned schools.
KK Nagar enjoys Metro connectivity via the Ashok Nagar Metro Station. The airport is about 12km away from here and can be easily reached via the Chennai-Trichy Highway in 30 minutes.
To further ease the traffic situation in the locality, a bridge has been planned between Anna Nagar and KK Nagar.
Some of the popular projects in the area are:
- Harmony’s Pearl
- Sankar’s Homestead
- Ramaniyam D-105
Nanganallur
Average price: Rs 5,500-7,800 per sq. ft.
Price index: Mid-segment
Nanganallur’s growth can be attributed to its proximity to the Chennai International Airport. Being one of the oldest localities in the city, Nanganallur offers a good number of properties in the resale market as well.
These projects offer 2BHK apartments:
- Sri Lakshmi
- Prabha Sudarshana
- Nithya Grandeur
- Raghava
The upcoming Metro stations at Alandur and St Thomas are further expected to catalyse realty demand in Nanganallur.
Thoraipakkam
Average price: Rs 5,000-8,000 per sq. ft.
Price index: Mid-segment
Strategically located along the OMR, Thoraipakkam is one of the most coveted pin codes in the city.
The locality enjoys accessibility to the GST Road via the Thoraipakkam Pallavaram Radial Road. This road is also used for travelling to the airport that is 13km away, and also to the IT/ITeS corridors.
The projects offering 2BHK apartments in Thoraipakkam are:
- Grand Symphony
- Akshaya Tango
- Radiance Mandarin
- Casagrand Esquire
Perumbakkam
Average price: Rs 3,500-5,000 per sq. ft.
Price index: Affordable to mid-segment
From a sleepy suburb to a real estate hotspot, the skyline of Perumbakkam has undergone a massive transformation over the last four years. And it broadly owes it to two factors: Affordable property values and proximity to the IT/ITeS establishments along the OMR.
Realising the immense potential that the area holds, several realty giants have already started utilising the land parcels here. Hence, one can expect a plethora of options in a wide budget range.
Some of the projects worth considering are:
- Nexterra
- Ozone Greens Phase II
- Urban Tree Oxygen
- Elite Acres
Tambaram
Average price: Rs 3,300-5,000 per sq. ft.
Price index: Affordable to mid-segment
Situated along the Chennai-Trichy Highway, Tambaram is one of the popular residential areas in the city. Easy accessibility to other parts of the city via the Mass Rapid Transit System (MRTS) and the presence of several multinational companies are the two major factors catalysing housing demand in the area.
With the Tambaram Railway Station gearing up to become the third terminal (after Chennai Central and Egmore) of the Chennai Railway Division, the future potential of the area looks quite positive.
We found some of these projects in Tambaram for you:
- DAC Swastik
- Shriram Superstar
- Casagrand Ferns
- Sanjana Apex Enclave
Need information about some other localities? Just drop in your query in the comments below or on our Facebook/Twitter handle.
Further reading:
- 5 Best Areas to Buy 2BHK Apartments in Bangalore
- Buy a Home Near These Top 5 IT Parks in Chennai
- The Top 6 Villa Projects in Chennai