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40.0 lacs
flat for sale in medavakkam
F1 ,5th st dharmaboopathy nagar, medavakkam
Type: flat Listing: sale
Price per sqft
₹4,500/-
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Looking for flats for sale in Medavakkam? Explore a curated list of premium 2 and 3 BHK apartments starting from ₹72 lakhs. Live in a fast-growing suburb of Chennai with top-class connectivity, amenities, and value appreciation.
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Why is Medavakkam a popular area to buy flats in Chennai?
Medavakkam is one of Chennai’s fastest-developing residential zones, strategically located between Velachery and Tambaram. It offers easy access to OMR (IT Corridor), GST Road, and Velachery MRTS, making it ideal for working professionals and families.
Is Medavakkam suitable for real estate investment?
Yes, absolutely. Medavakkam has shown 7–9% annual appreciation over the last 3 years and has high rental demand from IT professionals working in OMR and Perumbakkam. The locality is also part of CMDA’s proposed metro Phase 2 corridor, which will further boost demand.
What is the rental yield of flats in Medavakkam?
Rental yields in Medavakkam average 3.8%–4.5% annually, with 2 BHK flats fetching ₹14,000 to ₹20,000/month depending on location and furnishing.
A recent JLL study noted that Chennai's real estate market has changed significantly over the past 25 years; office leasing has surged 75 times to reach 76.5 million square feet by mid-2024. With the number of homes expanding from 10,101 in 1999 to 275,000 by mid-2024—an amazing 27-fold rise—the residential sector has seen amazing expansion. Now ranging between ₹5,000 and ₹25,000 per square foot in 2024, property prices have also surged from ₹850,000 in 1999.
Situated in the southern part of Chennai, Medavakkam has recently become among the most sought-after residential areas. This suburb provides the ideal mix of modern living and nature thanks to its calm surroundings, flawless connectivity, and first-rate social facilities. Medavakkam has enough to offer whether you're looking for a great investment or your dream house. Purchasing a flat for sale in Medavakkam makes sense for ten very convincing reasons.
Medavakkam is a fast-expanding neighborhood with great future possibilities. Several infrastructure projects—better road networks, greater public transportation, and improved drainage systems—are under development under the direction of the Chennai Municipal Corporation. This guarantees that Medavakkam's property values will rise with time, so investors and homeowners will profit greatly from this purchase.
Further increasing its appeal is the area's already attracting interest from elite real estate developers. Residential projects highlighting the promise of this growing area include Casagrand Zenith, Vasavi Majestica, and TVS Emerald Aaranya.
Living in Medavakkam implies being near the natural world. Away from the bust of city life, the calm Medavakkam Lake and the Nanmangalam Reserve Forest provide. Families and anyone looking for a balanced way of life will find it a great fit for the rich vegetation and plenty of birds.
Parks, open spaces, and leisure activities for morning walks, picnics, or relaxation abound in the locality. Such inherent beauty supports a better and more contented way of living.
Medavakkam is deliberately placed with great connectivity to every area in Chennai. Important highways such as Velachery Road, Mambakkam-Medavakkam Road, and 100 Feet Radial Road guarantee easy access to prime locations, including Velachery, Navalur, and Adyar.
Medavakkam is handy for regular visitors since the Chennai International Airport is just twenty minutes away. Working professionals also consider flat for sale in Medavakkam because it is easily connected to IT centers like Sholinganallur along OMS (Old Mahabalipuram Road) and ECR (East Coast Road).
Flats for sale in Medavakkam offer a range of homes to suit different spectrums of housebuyers. There is something for everyone, whether your budget is for a 1 BHK apartment beginning at ₹25.19 lakh or a posh 3 BHK apartment valued up to ₹1.25 crore.
Gated community flats in Medavakkam, such as Pearl Queens Park and Puravankara Thrive, provide modern conveniences, including gyms, swimming pools, and round-the-clock security. Families looking for a safe and cozy place to live would find these choices perfect.
Professionals in these sectors would find Medavakkam a great place near the IT corridor along OMR and the forthcoming Special Economic Zone. Many of the big IT parks and offices in Sholinganallur and Perungudi are conveniently nearby, saving time and effort.
This helps make the neighborhood a sought-after rental market. Purchasing a flat for sale in Medavakkam can be a very good source of rental income, with an average rent range of ₹18,000–₹50,000.
Medavakkam provides families with children access to first-rate educational institutions. Vista Billabong High International School, Velammal New Gen School, and Vels Global School guarantee near-home quality education.
Furthermore, colleges such as New Prince Shri Bhavani Arts and Science College find Medavakkam appropriate for students seeking further study without moving.
Living in Medavakkam is one of the main benefits of access to first-rate healthcare. RKP Multispeciality Hospitals, Arun Hospital, and Dr. Kamakshi Multispeciality Clinic, offer top-notch medical treatments.
Not only is it convenient, but it is also important for families with children and senior people, especially since dependable healthcare facilities are needed nearby.
Flat for sale in Medavakkam offers a self-sustained neighborhood with all the contemporary comforts. Supermarkets, shopping centers, and local markets meet your everyday needs; malls and multiplexes offer leisure choices.
The active social infrastructure allows you to have a dynamic way of life without sacrificing the peace of your surroundings. Medavakkam finds the ideal combination of suburban appeal and metropolitan advantages.
Flat for sale in Medavakkam closeness to several transit centers helps its residents. Public buses, commercial taxi companies, and a well-developed road system guarantee daily travel. Medavakkam Junction is crucially connecting major locations like Tambaram and Chromepet.
Furthermore, the forthcoming metro projects in Chennai are planned to increase the area's connectivity in the not-too-distant future, therefore facilitating travel even more.
Medavakkam, despite being a great residential neighborhood, has reasonable property rates compared to other highly sought-after areas of Chennai. Investing in a quality flat allows you to stretch your money because property charges range from ₹5,608–₹5,963 per square foot.
Furthermore, flat for sale in Medavakkam and resale options make Medavakkam a versatile and profitable choice for real estate buyers. It is a treasure for returns for those seeking consistent rental income or future resale prospects.
A strategic position, affordability, connection, green areas, and a multitude of facilities provide Medavakkam with everything you could want in a residential area. Purchasing a Medavakkam flat will not be regretted regardless of your income level—working professional, growing family, or investment.
Flat for sale in Medavakkam deliver a pleasant and fulfilling way of life with its growing real estate market, strong social infrastructure, and future development possibilities. Start today to land your ideal house in this energetic area!
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