K.K. Nagar Locality Review

Q: I was planning to buy a property in KK Nagar. Please let me know if it is a good idea to buy a property for end use ?

Anandraj Iyengar, Chennai

4th January 2014

Locality Review in KK Nagar, Chennai

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Replies (6)

K.K. Nagar is the residential destination in Chennai and currently witnessing price dips due to traffic congestion and lack of improvement in physical infrastructure. Locals have been complaining about poor water supply and sewerage facilities since a year.This massive civic infrastructure is probably the reason of reduction price trends in this area.

Chandra mouli, Chennai

11th August 2015

Comment

Hi Chandra, I think you are right and really appreciate your response but in the meanwhile the locality's real estate market had witnessed an uptrend of five per cent in this quarter and the average realty prices being Rs 9050 per sq ft showing the increasing history of capital appreciation.

Sudeep Savanth, Chennai

11th August 2015

@ Sudeep,
I would like to give real picture of this locality as area is in the limelight for sewage problems and never-ending road maintenance work. Infrastructure repair and maintenance work has been continuing for long now, which is why residents have to face many problems in day-to-day life.

Hemanth, Chennai

11th August 2015

Which would be better option to buy for investments plot or residential apartments ?

Puneet Laskar,

4th January 2014

Comment

According to me I would suggest you to go for residential apartments, it will be better option for than plots if you are looking for long term investments or enduse, as there are many upcoming projects coming up by reputed builders. Since it is a posh area the plots rates are very high.

Milind, Bangalore

4th January 2014

What is the ongoing price trends in KK Nagar ? Which are the good projects in KK Nagar which is worth investing? Can you tell me the price details as well.

Puneet Laskar,

4th January 2014

Comment

In the Apr-June quarter of 2013, the locality price appreciated to Rs 7084 per sq. ft. In the July-Sep quarter of 2013, the locality price appreciated to Rs 7114 per sq. ft. Around 4 to 5 perc appreciation has been found within three months.

Some of the upcoming projects are Prestige Down Town by Prestige Group, Synergy Apartment by Landmark Construction, Harmony Grande by Harmony Residencies Pvt Ltd . The price per sq ft is around 10,200.

Milind, Bangalore

4th January 2014

@ Puneet
K.K. Nagar offers numerous housing options for low and middle income groups. The area overflow in multi-storied and low-rise residential apartments, as well as builder flats developed by the Tamil Nadu Housing Board and private developers.

Hemanth, Chennai

11th August 2015

KK Nagar is quiet famous for many reputed schools. Can you name some reputed schools and colleges ? How is the social infrastructure there ?

Puneet Laskar,

4th January 2014

Comment

Hospitals such as SM Hospital, Janani Hospital, Arokya Hospital is within the radius of 5km. Some of the reputed educational institutes within the radius of 6 km are Padma Seshadri Bala Bhavan Senior Secondary school, Sri Krishnaswamy Matric Higher Secondary schhol, Springfield Matriculation & Higher secondary school, Annai Velankanni Matriculation school. Colleges such VKK Vijayan College Of Engineering, Meenakshi College Of Engineering, Jawahar Engineering College is just 4 km from KK Nagar.

Milind, Bangalore

4th January 2014

How is the accessibility and connectivity from KK Nagar to other parts of the city? I heard the bus service is good.

Puneet Laskar,

4th January 2014

Comment

@Puneet: The area is well connected with other parts of the city. It is just 12 km from Chennai City Railway Station and 10 km from Chennai International Airport. The region has a MTC Bus terminus located on Anna Main Road. Vadapalani is the nearest commercial area to K K Nagar.

It is a good centre. Ashok pillar Mofussil bus stop is just 2 km, koyambedu CMDA bus terminus is 2km. Metro rail coming up 2kms. So good centre.

Joydeep D,

4th January 2014

Poor connectivity, problems such as traffic congestion, sewage running in the vicinity and route diversion of public transport have become common grievances.however, the municipal corporation failed to complete the sewage pipeline repair work till now.

Chandra mouli, Chennai

11th August 2015

As far as I know you can get good returns as it is an ideal location for families to settle down and it offers great connectivity to all parts of Chennai. Residential apartments are quiet famous here, It is good for both long term investments as well as enduse purpose. Within 5 years you can expect good appreciation.

Milind, Bangalore

4th January 2014

Comment

This is situated west of Ashok Nagar. KK Nagar was a locality developed in the 1970s and early 1980s.

This is a Posh, well planed and well developed residential area free from slums and all roads are straight and broad and lined up with avenue trees and free from pollution, bus connectivity to all parts of the city, temples, church, hotels, cinema theatres, recreation parks and markets are the hallmark of KK Nagar.

Joydeep D,

4th January 2014