Chennai is largely inhabited by a population that has relocated from
neighboring states in search of jobs. This chunk prefers to live in
rental residences; such houses being affordable and flexible to these
users are well-liked. Locating a house for rent in Chennai is not
too big a deal; a little bit of research work can prove handy in doing
so. We have gathered a few tidbits of city's rental residences; this
shall give you an idea of how things are faring there.
For economical options, go for Sriperambudur and Avadi. Here a monthly rental as low as 4-8k can be expected for a two room flat. For such lower rates, the facilities available won't be up-to-the-mark, or even below average. If price is not an issue, you can hunt an apartment for rent in Chennai in Central Business District(CBD). But then, the prices too are very high in these localities: at Adyar, it can vary between 22-30k, while a similar property at Alwarpet, T. Nagar, and Anna Nagar can be hired at a rate ranging between 20-25k. Most of the apartments in the CBD region are well-furnished and are equipped with good infrastructure.
A 2 BHK apartments in Chennai, specially in the southern part, is available within the price range 8-16k. While in localities like Chrompet and Urapakkam, you can look for flats that have rental range between 8 to 10k, while at Semmancherry, Tambaram, and Medavakkam, a two room flat shall be available at a slightly higher price rate: 10-14k. At Sholiganallur, the prices are still higher, with rent going as high as 16k. At present, properties in Chennai tends the demand-supply ratio in the city is facing a lopsidedness, thanks to high prices and lower demand. Once the balance seeps in, the rental rates shall too fall in place.
At Medavakkam, though the cost is average, but the possibilities of future employment generation are somewhat bleak. In that case, locating a rent house in Chennai in localities like Oragadam and Sriperambudur would be better option. But, on the flip side, these two places fare poor in terms of proximity to the commercial infrastructure.
Makaan.com is a web portal that lists properties from India's premier builders. You can search rooms to buy or rent over this India's fastest growing real estate website. The properties like rooms, houses, villas, offices are available in different price range and cater to the buyers with different requirements.
For economical options, go for Sriperambudur and Avadi. Here a monthly rental as low as 4-8k can be expected for a two room flat. For such lower rates, the facilities available won't be up-to-the-mark, or even below average. If price is not an issue, you can hunt an apartment for rent in Chennai in Central Business District(CBD). But then, the prices too are very high in these localities: at Adyar, it can vary between 22-30k, while a similar property at Alwarpet, T. Nagar, and Anna Nagar can be hired at a rate ranging between 20-25k. Most of the apartments in the CBD region are well-furnished and are equipped with good infrastructure.
A 2 BHK apartments in Chennai, specially in the southern part, is available within the price range 8-16k. While in localities like Chrompet and Urapakkam, you can look for flats that have rental range between 8 to 10k, while at Semmancherry, Tambaram, and Medavakkam, a two room flat shall be available at a slightly higher price rate: 10-14k. At Sholiganallur, the prices are still higher, with rent going as high as 16k. At present, properties in Chennai tends the demand-supply ratio in the city is facing a lopsidedness, thanks to high prices and lower demand. Once the balance seeps in, the rental rates shall too fall in place.
At Medavakkam, though the cost is average, but the possibilities of future employment generation are somewhat bleak. In that case, locating a rent house in Chennai in localities like Oragadam and Sriperambudur would be better option. But, on the flip side, these two places fare poor in terms of proximity to the commercial infrastructure.
Makaan.com is a web portal that lists properties from India's premier builders. You can search rooms to buy or rent over this India's fastest growing real estate website. The properties like rooms, houses, villas, offices are available in different price range and cater to the buyers with different requirements.
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