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What are the Current Price Rates of Property in Chennai?

Property Rates in Chennai

A promising South Indian city, Chennai has a flourishing real-estate market that receives demand from both investors and consumers. Increasing job opportunities and infrastructural growth make this price-sensitive market favourable. Hence, despite the rising trend of property prices, home-buyers can expect to get residential houses at affordable property rates in Chennai.

Bajaj Finserv makes it further convenient to purchase a property in Chennai with a Loan Against Property. The financing option fetches you a high-value loan of up to Rs.3.5 Crore along with other attractive Mortgage Loan features and benefits.

Avail the loan at competitive property loan rates, one of the lowest interest rates in the market and finance the purchase of your property in Chennai.

Now, check out the current price rates of properties like a residential apartment, residential land, etc. in Chennai.

A List Of Property Rates In Chennai

  1. 1. Price Rates For Residential Apartments
  • Chennai Central

Among the most developed areas in the city, Central Chennai property prices range approximately between Rs. 6,500/Sq. Ft. and Rs. 14,200/Sq. Ft.

  • Chennai West

Residential apartments in Chennai West are available for as low as Rs. 2,700/Sq. Ft. in areas like Sriperumbudur. The higher range reaches up to Rs. 8,000/Sq. Ft., including among the best apartments and other residential setups.

  • Chennai North

Apartments in Chennai North are available in a wide price range of Rs. 3,400 to Rs. 11,600/Sq. Ft.

  • Chennai Central

Chennai south covers a large area and you can get residential apartments here ranging between Rs. 2,300 and Rs. 15,600/Sq. Ft.

Additional Read: What are the Current Price Rates of Property in Mumbai?

  1. 2. Price Rates For Residential Lands

Residential lands in Chennai come with varying price ranges. Where plots at places like Veppampattu in Chennai North are available at Rs. 6,500/Sq. Yd., rates in Mylapore of Chennai South reach up to Rs. 2.08 Lakh/Sq. Yd.

Such high rates make availing a Property Loan indispensable. Apply for one with Bajaj Finserv to get the best terms and conditions at mortgage eligibility criteria and document. Plan your finances with the help of an EMI calculator to keep your monthly outflows in check.