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Residential Properties In Madhavaram
Extending between Perambur and Kodungaiyun, Madhavaram is one of the most rapidly urbanizing localities of North Chennai. There are many upcoming residential properties in Madhavaram, Chennai owing to its strategic location.
Connectivity
Madhavaram is the ideal location with convenient connectivity. Perambur Railway Station is just 6 km away. With Metropolitan Transport Corporation (MTC) buses abounding the locality, one can reach any part of the city easily from Madhavaram. It is beneficial to invest in the residential properties in Madhavaram, Chennai because once the upcoming metro corridors, namely corridor 5 (Madhavaram – CMBT) and corridor 3 (Madhavaram – Sholinganallur) under Phase 2 of Chennai Metro is constructed, connectivity will be further amplified.
The locality boasts of some of the best educational institutions in Chennai, like Sri Sakthi Matriculation School, Don Bosco Higher Secondary School and Animal Sciences University. Residential projects in Madhavaram, Chennai are mainly concentrated around prominent health care centers like St. Anthony’s Hospital and KVT Speciality Hospital to ensure maximum convenience for the residents. The locality also abounds in religious places like the CSI Church, Puzhal and Our Lady of Lourdes Shrine.
Madhavaram happens to be one of the most sought-after localities in the city. New projects in Madhavaram take advantage of its well-connectedness to landmarks like the 28-acre big Botanical Garden beset with lush green trees, the beautiful Rettai Eri Lake, the ancient Kailasanathar Temple located just 1 km away and the Regional Rail Museum, an Integral Coach Factory (ICF) initiative.
Price Trends
The price of residential properties in Madhavaram indicates an upward trend since the last few years. From an average of Rs. 4,800 per sq ft., the price has steeply risen to an average of Rs. 5,736 per sq ft in the last five years.
Madhavaram is a well-to-do locality. Besides offering seamless connectivity to the airport and the railway station, it is also a free oxygen zone. Wide pavements lined with trees give way to neatly developed townships which render the residential houses, qualities like spaciousness and inclusiveness.
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Frequently Asked Questions
Is Madhavaram, Chennai a good locality to live in?
Owing to the serene, elite neighborhood and easy accessibility to the rest of the city from Madhavaram, today it is one of the most sought-after localities. There are many old as well as new projects in Madhavaram, Chennai to choose from.
Are all properties in Madhavaram Chennai equipped with modern amenities?
There are plenty of upcoming projects in Madhavaram, Chennai which are exclusively designed to sustain an ultra-luxurious lifestyle and suit the requirements of the modern buyer.
What are some of the best employment hubs available in the locality?
The best employment hubs in the locality are Prince Info Park, Ambattur Industrial Estate, Kochar Technology Park, SIDCO Industrial Estate, One Indiabulls Park, and Ambit IT Park.
What are the other residential areas nearest to Madhavaram, Chennai?
The nearest residential areas to Madhavaram are Perambur, Kolathur and MKB Nagar.
How far is the sea beach from Madhavaram, Chennai?
The nearest beach from Madhavaram is 11 km away and can be easily accessed via buses and local auto-rickshaws.
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