Residential Properties for sale in Nungambakkam, Chennai
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About Properties in Nungambakkam, Chennai
Overview of Nungambakkam
- Nungambakkam is a deluxe residential location in Central Chennai.
- It comprises luxury housing properties at premium price ranges.
- The locality has a historic significance dating back to the 18th century and offers a beautiful blend of colonial charm and modern architecture.
- Nungambakkam is famous for the presence of upscale indie boutiques, international commercial establishments, major government offices, vibrant cultural scenes and trendy shopping destinations.
- It is a well-connected locality and offers an extensive transportation nexus.
- The PIN Code for Nungambakkam is 602002.
Nungambakkam Residential Market Insights
- The average cost of flat in Nungambakkam is ₹ 20,500 per sq. ft.
- Nungambakkam is located in the Chennai Corporation's Zone 9. It is one of Chennai’s most affluent neighborhoods and comprises a majority of high-profile homebuyers.
- Housing options provided in Nungambakkam are spacious and ultra-luxurious.
- The average price of 2 BHK flat in Nungambakkam can be ₹ 80 lakh to ₹ 3.50 crore.
- The average price of 3 BHK flat in Nungambakkam can be ₹ 2.50 crore to ₹ 5.5 crore.
- The average price of 4 BHK flat in Nungambakkam can be ₹ 5.5 crore to ₹ 11 crore.
- The actual price of a housing property can vary depending on certain factors, such as the builder, amenities, and the precise location of the property.
- Due to having several major commercial establishments within the vicinity, Nungambakkam is one of the best rental locations in Chennai.
- The average monthly rental price of a flat in Nungambakkam is ₹ 18,500 - ₹ 40,000.
Connectivity and Transportation In Nungambakkam
- Nungamkkam is situated in the Chennai district and is known to offer good connectivity throughout the city.
- Nungambakkam Railway Station on the Chennai Suburban Railway Network is the nearest railway station to Nungambakkam. It serves a vast railway connectivity here.
- Metros near Nungambakkam are Thousand Lights Metro Station, Pachaiyappa's College Metro, and Kilpauk Metro Station. They benefit the daily commuters.
- Kilpauk Metro Station is on the Green Line and connects the locality to Chennai Central and St. Thomas Mount.
- Thousand Lights Metro Station is on the Blue Line and directly links the locality to the Airport. This boosts the connectivity of Nungambakkam significantly.
- Major roadways in Nungambakkam are Anna Salai, Nungambakkam High Road, and Mumbai Highway. This offers excellent road connectivity to major parts of the city.
- Other important roads near Nungambakkam are Mount Road, Poonamallee High Road, Nelson Manickam Road and Mayor Ramanathan Road.
- Chennai International Airport is just 15 km away from Nungambakkam. It is reachable via the Chennai-Trichy Highway.
- Several public transportation mediums like Auto Rickshaws, Buses, and Cabs. They offer convenient travel within the city.
Social Infrastructure In Nungambakkam
- Reputed hospitals in Nungambakkam are SIMS Hospital, Medindia Hospital, J.V. Hospital, Apollo Hospital, etc.
- Popular schools and colleges in Nungabakkam are Srishti Montessori School, Little Millennium Preschool, Sindhi Model Matriculation School, etc.
- Important administrative offices in Nungambakkam include the US Consulate, Passport Office, and other Government Offices.
- The Government Museum and the National Art Gallery are within the vicinity.
- Shopping Centers near Nungambakkam are Bergamo Mall, Spencer Plaza, and Alsa Mall. These fulfill the shopping needs of the residents here.
- Markets near Nungambakkam are Green Tree Supermarket, Grace Supermarket, Selvi Supermarket, etc. These offer residents quicker access to daily necessities.
Employment Opportunities In Nungambakkam
- Nungambakkam is known as the main Central Business District. It hosts numerous Multinational Companies, major Government Offices, and Foreign Consulates. They also offer various job opportunities to the locals.
- The major Tamil Nadu Industrial Investment Corporation Ltd. is just 4 km away.
- Another major employment hub is Guindy Industrial Estate. It is accessible within 10 km via Alandur Road.
- Popular International Tech Park and TIDEL Park are only 12 km from Nungambakkam.
- The Ambattar Industrial Estate is located around 13 km away via Chennai-Villupuram-Trichy-Kanyakumari Road.
- Other job opportunities near Nungambakkam are Ascent Engineers and Infrastructures, ESPEE IT Park, Navin WSS Towers, and Madras Stock Exchange.
Lifestyle In Nungambakkam
- Nungambakkam offers a luxurious and high-end lifestyle.
- Nungambakkam is a posh area that comprises colonial-era charm and modern conveniences, allowing residents to enjoy a desired living.
- Several attractive landmarks in Nungambakkam are Valluvar Kottam Monument, Panagal Park, and Semmozhi Poonga.
- Nungambakkam is an emerging real estate destination for both investors and homebuyers. Its stunning infrastructure and lavish residential areas result in growing demand for housing.
- The locals in Nungambakkam enjoy easy access to important facilities, modern luxuries and lush green environments. This makes Nungambakkam a good place to live in.
Safety and Security In Nungambakkam
- Nungambakkam comprises important government and commercial areas. Moreover, the locality is home to lavish residential areas. Hence, the security and safety in Nungambakkam are super tight and well-maintained.
- There are various police stations in the locality. Police surveillance is also conducted frequently to ensure the safety of the residents is taken care of.
- Major properties in Nungambakkam adhere to security measures like CCTV monitoring, entry and exit registrations, etc. This helps to avoid security issues.
Development and Future Prospects In Nungambakkam
- Major development of the Chennai Metro Station is ongoing underground.
- A dedicated Nungambakkam Metro on the Purple line is soon upcoming. This will offer connectivity to Madhavaram and Siruseri.
- The widening of Kodambakkam High Road is expected to benefit the locals vastly by reducing traffic congestion and benefiting daily commuters.
Cultural and Community In Nungambakkam
- Nungambakkam is a locality with a rich cultural heritage.
- The locality is home to people belonging to diverse backgrounds living harmoniously.
- The famous Mahalingapuram Sree Ayyappa Temple is located in Nungambakkam.
- Several other religious places in Nungambakkam are Sree Ayyapan Temple, Agastheeswarar Temple, Prasanna Venkateswarar Temple, Chennai Gurudwara Sahib, and St. George's Cathedral.
- Popular cultural institutions like the Alliance Française of Madras and the Goethe Institute are also located in Nungambakkam. This allows residents to enjoy various film screenings and concerts
Environmental Factors In Nungambakkam
- Nungambakkam offers a well-maintained, clean and lush green environment.
- Peaceful natural escapes like a landscaped botanical garden - Semmozhi Poonga contribute to the pleasant greenery in Nungambakkam.
- Some of the gardens and parks in Nungambakkam are Solaiyappan Garden, Natesan Nagar Park, Chennai Corporation Park, Taisha Park, etc. These green spaces add to the greenbelt of the locality.
- There are several natural attractions in and around Nungambakkam, adding scenic beauty to the locality. This offers peaceful living surroundings to the locals.
- The air quality in Nungambakkam is considered fair, considering the lush nature around the area.
Flat Configuration In Nungambakkam
- Nungambakkam offers flat configurations of 2 BHK, 3 BHK, and 4 BHK.
- The residential real estate in Nungambakkam is mainly dominated by 3 BHK apartments.
- 2 BHK is the most preferred flat configuration by homebuyers in Nungambakkam.
- Nungambakkam also offers housing properties like Independent Floors, Villas, Independent Big Houses, and Land Parcels
Property Price Growth In Nungambakkam
- Properties in Nungambakkam have experienced YOY price growth of 5% approx.
- In the last 3 years, property price growth in Nungambakkam has been around 81%. The rate at which the property values are rising is considerably higher compared to other areas on the outskirts of Chennai.
- Upcoming infrastructural upgrades and growing housing demand are expected to continue the increasing property values here. This will result in a thriving real estate market in Nungambakkam by attracting many homebuyers as well as investors.
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