Whether new or old, the value of a property in Chennai remains the same, because it is primarily about the construction, but the locality of the building. You got to buy apartments in the city’s prime destinations. And if that’s a ‘yes’, you may go ahead and get new or second hand ones. With this understanding in mind, there are people who choose to opt for resale flats in Chennai.
Listed below are a few neighborhoods in Chennai where resale of flats is on high demand. There are a lot of resale happening in these locales. This is a chance to explore as to why these neighborhoods are preferred and what to look for in each of these areas as a first-time home buyer. Do check out:
Nanganallur is a locale in southern Chennai that falls under the governance of Greater Chennai Corporation. The nearest railway station are Palavanthangal and Meenambakkam, and you have also got the Chennai International Airport in close proximities to the neighborhood both of which adds up to the reasons for more resale flats in Nanganallur Chennai. Here, you have elite schools like the Modern Senior Secondary School and Chellamal Vidyalaya Senior Secondary School.
- A premium residential area with wonderful connection via the GST and 200 Feet Radial Road
- Close to Meenambakkam Metro Blue Line and its top amenities
- Proximity to the residential hub of Perungudi and Tharamani
- Notable schools, colleges and healthcare facilities are available
Mylapore lies along the center of Chennai. Also called the Thirumayilai, this is among the oldest neighborhoods of the metropolitan city. It is geographically sandwiched between Triplicane and Teynampet and the Royapettah and River Adyar on the two other sides. The neighborhood also houses the popular temples of Kapaleeswarar temple and Adi Kesava Perumal Temple. Coming on to its connectivity, you have the Thirumayilai railway station to connect until Velachery MRTS station and there are many MTC buses that keeps the locale connected with the rest of the regions including Tambaram, CMBT, Vadapalani, T Nagar, etc.
- Well-developed traditional residential area
- Houses several tourist attractions and places of worship like temples, churches and mosques
- Prestigiously houses several music sabhas and musicians
- Top schools, colleges, hospitals are all readily available here
Adyar is certainly one of the neighborhoods in Chennai that constantly sees resale of flats. This is one of the posh and large neighborhoods of the city. Setting against properties in Adyar with that of northern Chennai, the former is 4 times costlier, but still people are willing to afford to buy Adyar properties for its seamless connectivity to the rest of the city parts.
- Well-developed residential area that boasts ample greenery
- Wonderful connectivity to ECR and OMR road
- Trending rental hub due to the presence of multiple employment avenues and tech parks
- Close to tourist places like Edward Elliot's Beach and Guindy National Park
You perhaps would have heard of this locale many a times for it is a popular neighborhood in western part of the city. Saligramam is encompassed by Virugambakkam, KK Nagar, Vadapalani and Koyambedu on all its 4 sides and it falls under the Chengalpattu district. There are several flat resale happening here because of its connectivity and availability of life essentials including education, healthcare services, groceries, etc. in just a hop.
- Premium residential locality that boasts wonderful connectivity to GST Road and Arcot Road
- Just 5 minutes away from Vadapalani metro station
- Located near several malls like Presence of Vijaya Mall and VR Chennai Mall
- Many tourist spots, landscaped parks, good schools and colleges are in the vicinity
It is true that there are many flats getting subject to resale in Valasaravakkam mainly because of its high demand. This is a municipality in Chennai and a popular residential suburb. You may reach the neighborhood by traveling a distance of 15km from the heart of the city. In fact, in the recent years, there are real estate building construction providers who are eyeing on the locale to raise their constructions including multistory apartments.
- Prime residential area along west Chennai with multiple varieties of properties
- Enjoys sound connectivity via the Arcot Road
- Home to Velleeswarar Temple and close to Vadapalani Murugan Temple
- High-demand rental area, that enjoys solid infrastructure
Lying between Kodambakkam and Saidapet, the neighborhood called West Mambalam serves both as residential as well as commercial destination in Chennai city. There is the Ayodhya Mandapam as one of the renowned landmark in West Mambalam. All these bustling activities and the commercial importance of the locale makes it one of the most important regions that sees constant resale of apartments.
- Affordable residential locality that boasts a calm and green environment
- Several reputation builders are offering premium apartments
- Sound connectivity to all parts of the city
- Many reputed hospitals like Chettinad Health City and top-notch amenities are available
Besant Nagar is notably a neighborhood that belongs to Adyar. It beautifully lies along the Bay of Bengal. If you take a look around the locale, you will understand that most of the residents here are affluent and includes famous personalities like the cine stars. There are elite restaurants and boutiques and shops that are attractions of Besant Nagar. Here, according to reports, there are several flat resale taking place which is to be evidently attributed to the exclusivity of the neighborhood.
- A post locality along the coastal paradise of ECR Road
- Famous temples, parks, beautiful beaches abbs to the charm
- Quick access to several employment hubs and tech parks
- Extensive connection to ECR, OMR and GST Road
Without a doubt, the T.Nagar is the shopping hub of Chennai city. Be it parties, celebrations, festivals or any special occasion, T. Nagar is where you tend to buy your dresses and jewelries from! Well, besides, the locale has also got its significance as it serves as a posh residential locality. You have the Mambalam railway station and the main T. Nagar bus terminus to keep you connected to the other parts of Chennai city. What more reason do you need to observe such high numbers of resale of flats in T. Nagar?
- An elite residential and top commercial locality
- A shopper's paradise with multiple retail outlets, restaurants, food stalls and so on
- Good schools, colleges, and hospitals can be found here
- Houses several star hotels like The Park, Novotal and Courtyard by Marriott
As you get to understand about Alwarpet, you will be astonished to know that it houses India’s most prestigious personalities including Sir C.V. Raman, Physicist, and DMK leader M.K. Stalin, actor-director Kamal Hassan, Rajnikanth and the former Chief Minister of Tamil Nadu, J. Jayalalitha and the list goes on. It is an out and out residential locality in Chennai city which is also one of the expensive areas of the metropolis. Nevertheless, as per reports, it is understood that there is constant sale and resale of apartments in Alwarpet constantly taking place.
- Affluent residential area that enjoys easy access to Teynampet Metro Station
- Sound connectivity via Chennai-Trichy Highway to major areas
- Many top builders offer premium flats in this well-planned locality
- Surrounded by many malls like Bergamo Mall, Spencer Plaza Mall and Apple Shopping Mall
With multifold growth of the IT sector, there is substantial developments observed in Velachery. The neighborhood is in fact an evidence of growth and development of the city. Velachery serves as a connecting hub for connecting to the OMR. The locale is surrounded by Adambakkam, Madipakkam, Taramani, Guindy, Adyar, Thiruvanmyur, etc. each of which is key localities of high residential importance. You have the Meenambakkam airport in close proximities plus the MRTS railway station in Velachery plus Vijayanagar bus terminus for roadways.
- A mid to posh locality that has been rapidly developing
- Easy access through the IT expressway and GST Road
- Houses the entertaining Phoenix Mall and Palladium Mall
- High-demand rental hub, because of the presence of several tech parks in the surrounding
Anna Nagar belongs to Amjikarai taluk. This is among the residential locales of Chennai city. Without a doubt, this is among the posh localities of Chennai city where there are top doctors and lawyers and other professionals residing here. To learn that the neighborhood sees several resale of flats is definitely not to be wondered at.
- Chennai's most premium residential locality at the heart of the city
- Enjoys good connectivity via Anna Nagar Gower metro station
- Houses central green parks like Anna Nagar Tower Park
- A well-developed layout that enjoys modern top-notch infrastructure
These are some of the Chennai neighbourhoods that deal with more numbers of resale of flats in Chennai. If you are searching for new projects in Chennai, you can always check out flats for sale in Chennai and find the home of your dreams.