Affordable housing in Tambaram

Q: Hey I am planning to buy a house here, heard that many affordable houses have come up. Kindly discuss and let me know.

Srinivas , Chennai

3rd June 2014

Real estate News in Tambaram, Chennai

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Replies (3)

How is the price trend in this locality ?

Vivek Kulkarni,

3rd June 2014

Comment

@Vivek: The area has a price appreciation of 4 % in the last quarter. The average price of apartments ranged between 3,900 – 4,050 Rs. per sq. ft. The price in the east Tambaram is comparatively higher than the west. This is because the east part enjoys a better connectivity. The east part is about 12% higher is price than the west. A 2BHK in the east could be rented between 10,500 to 15,000 Rs while the west is only around 8,000 Rs.

Balwinder Singh,

3rd June 2014

How is the connecitivity in this region ?

Vivek Kulkarni,

3rd June 2014

Comment

@Vivek: Tambaram is well connected by means of both road and railways. The Chennai bypass road and the GST road passes through the micro market. Gandhi road is one other important road that passes through the heart of Tambaram. The airport is 11 km away from Tambaram.

Jackie,

3rd June 2014

How is the infrastructure and real estate here ?

Vivek Kulkarni,

3rd June 2014

@Vivek: This locality is well established suchas there are schools like Valluvar gurukulam higher secondary school, Lavendar school, Madras sevan sadan school, Padmavathi public school etc. and many other well established colleges, hospitals and shopping centres.

The eastern part of Tambaram has main bazaars likes Poondi bazaars and a green environment while the western part is crowded with commercial buildings. The well developed infrastructure, excellent connectivity by road and train are two major pull factor in this area.

Balwinder Singh,

3rd June 2014

Hey Srinivas, Tambaram is one such micro market which offers affordable priced apartments. Tambaram is a very safe locality and well connected with the other parts of the city. It is well connected by trains, buses and public transports. Transport facility is also good in this locality. School, bank, ATM and hospital are available nearby the locality.

Jackie,

3rd June 2014

Comment