The Rates of Three-Room Independent in Chennai Across Different Localities

There are myriad choices for the buyers of 3 BHK villas or independent houses in Chennai. In different parts of the city, the availability of such real estate spaces varies, and also their price values. We are going to throw light on the prices of such as 3 BHK independent houses across different localities.

Though there is no dearth of 3 BHK apartments in Chennai, independent houses are hard to find. In the central region, Aminjikarai is the main locality where such a property can be purchased. The price range for the same varies between 60 lacs and 1.3 crores. The average per square feet rate (psf) at Aminjikarai ranges between Rs. 3700/- and Rs. 8700/-. Coming to North, a three room independent house is available in localities like Manigadu, Kolathur, Ambattur, and PH Road. While Manigadu and Kolathur offer affordable houses (40 lacs-60 lacs), at Ambattur and PH Road, the rate is pretty much higher: it generally varies between 90 lacs and 1.5 crore.

 

Real estate in Chennai in the western part too has only a few localities where one can find three-room independent house. At Ayapakkam, it is available at around 60 lacs, while at Porur, the rates are flexible: between 70 lacs and 2 crores. South Chennai, on the other hand, has a plethora of areas for the seekers of such houses. In the affordable bracket come localities like Singaperumal, Oragadam, Tambaram-Mudichur Road, Maraimalai, Manimangalam, and Iyapanthangal. Here, one can expect the rates that lie in 20-40 lacs bracket.

In the higher bracket, i.e. 50-85 lacs, come Tambaram, Adambakkam, Kovur, Perumbakkam, and Selaiyur. In most of the the southern region, come the localities where a 3 BHK independent house touches the crore figure. Neelangarai, Kelambakkam, Medvakkam, Thoraipakkam, Santoshpuram, Villivakkam, K.K.Nagar, Mahindra City, and Sholinganallur are a few names in this regard.

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What a Tenant Must Know While Locating a Rent house in Chennai?

Locating a rental property in a metropolitan city like Chennai is not that easy. Let me give you an example: a friend of mine was going to give an interview in Mumbai. He never bothered to make any inquiries for the accommodation where he would be staying. When the D-day came, he packed his bags and got into the train that he had reserved. No perplexities till then...When he alighted at Borivali, he had no idea where to go. He ranged a numbers of a few PGs (thankfully he had them atleast!) All booked! So, he spent 2 weeks in a lodge, paying a good sum every single day before he found out a space to live at. He ended up in a rickety house, paying Rs. 8000/- for it. What I am trying to say is that if he had inquired beforehand, he would not have faced such a situation. For those who are looking for a rent house in Chennai, it is good if you know the subtleties of the things involved.

As a tenant, you must have a clear idea of what money you can spend per month for the rental property you are hiring. The rental houses are mostly preferred by those who, like my friend, have relocated from other states and have no idea of how the things work here. You may end up getting duped by the landlord, paying more per month in lieu of what you get in return. Before booking a house for rent in Chennai, get to know the current rates prevalent in the locality.

Look for the amenities that the rental property is equipped with. Discuss beforehand with your landlord the cost involved in the total rent you pay. Sometimes, the water and the electricity bills are included in the rent itself, but many owners prefer to keep these two separate. Ask for the bill papers from the last few months. See if the locality you are going to live in has decent connectivity to schools, colleges, hospitals, offices etc. Amenities in the form of parking lots, playgrounds, ATM, hotels, shopping malls must also be taken into consideration during your hunt for property in Chennai.

Another thing that you can't afford to ignore while looking for a rent house in Chennai is scrutinizing your rent agreement before signing it. Read each and every condition listed on it. Make sure that it is indeed a legal document, issued by a licensed authority. Also get to know if the property is on freehold or leasehold. It is better to leave out those houses the lease of which is soon to expire.

Buy properties and rental houses available from leading constructors, developers, and land owners at Makaan.com. This Indian property website has 1, 2 & 3 BHKS listed on it, in addition to villas, bungalows, warehouses, plots, and commercial spaces like malls, offices, hostels, and restaurants.