When it
comes to rental market in Chennai, the demand remains steady all
through the year. The demand comes from its own denizens as well as
from the immigrants that arrive here every single year. Presence of
IT sector and good number of employment opportunities are the prime
reasons that drive this rental demand. This blog post throws light on
the average monthly rentals prevalent in northern and southern parts
of the city.
South
Chennai comes with several affordable options. Localities like
Guduvancheri, Urapakkam, Oragadam, Padappai, and Madambakkam can be
the best for the seekers of cheap rental houses. A 2 BHK house for rent in Chennai across these
areas can cost a monthly rental in 4-6k bracket. Over injambakkam.
Kottivakkam, Maraimalai, Neelangarai, and East Tambaram, the stating
rents for a two room flats generally fall in 7-8k range.
For
renters on the look-out for apartments in 8-10k range, South Chennai
offers a multitude of options. The two-room rent houses in Chromepet,
Saidapet, Pallavaram, Poonamallee, Pallikaranai, and Perumbakaam are
the localities worth mentioning here. Higher rentals, i.e. in 10-15k
brackets, are prevalent over high-developed locations including
Peeyar Nagar and Thiruvanmiyur,
North
Chennai real estate
too offers many a good option for seekers of rental apartments. The
tenants on the look out for cheap options can hunt properties in
Ambattur, Avadi, Puzhal and Thirumullaivoyal. Kolatuhur, Moggapair,
Pallavaram, and Virugambakaam are the other options where 2 BHK
apartments are available at cheap rates. Mogappair is a prime
residential area that is known for the presence of IT offices. The
rentals are mostly reasonable and is known for being Chennai's major
shipping district. For seekers of rental properties in 12-25k range,
Anna Nagar, Aynavaram, Thoraiappkam, and Purasawakkam are among the
best choices that tenants can make. Thoraippkama, situated over
OMR(Old Mahabalipuram Road), is a hub of IT companies.
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