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Great news! You've decided to buy a house in Madurai; Congratulations, that's not an easy thought to close on. Secondly, you might have hundreds of queries related to the whole process. When we buy a home, it's not just a place to dwell in; it's everything for us. Home is where dreams are born, where you spend most of the time close to your loved ones; this has to be correct; everything has to be done right. The first thing that comes close to making the right decision for a house is choosing the ideal location. If you get the location right, you don't have to worry about many things, including your family's safety, household needs, entertainment, health, and more.
Today, in this blog,
we will tell you about the best localities in Madurai to buy a house. We've
listed these places based on the surroundings, facilities nearby, and average
property price trends in Madurai for these localities. Although there are 10s
of localities where you can buy your ideal house or flat in Madurai, the ones
we have listed here are popular choices because of their nearby amenities.
Also, the price of a house in these localities is a mix of both the medium and
higher-end. (We have skipped mentioned cheap areas since we understand a house
is a one-time investment and should be bought at the perfect place).
posh Areas to Buy a House In Madurai
1. KK Nagar:
A house in this prime locality of Madurai can cost you anywhere between 5000 rs/sq ft. to 10000 rs/sq ft. It is a prime locality with a nice green corridor, surrounded by trees, long stretch parks, cinema halls, lakes and easily accessible public transport options like bus stand, auto stand. Moreover, you'll also find a sports complex in this locality of Madurai. This locality is mainly preferred by the Upper Class or Upper Middle Class.
2. Annanagar:
Anna Nagar in
Madurai is another posh locality where you will find houses cost between 4000
Rs/sq. Ft. to 8000 rs/sq ft. Although the locality is a bit dense with
apartments, unlike KK Nagar, it has all the amenities you could ask for, be it
a commercial neighborhood (the meaning price of the property will most
definitely increase in the future) or public parks, calm surroundings and more.
This place is also known as the IT hub of Madurai, and it is projected that the
property price in this locality will skyrocket in the coming five years. This
locality is ideal for people with a tech background work.
3. Chokkikulam:
This is one of the
best localities in Madurai. Situated beyond Goripalayam, the houses in this
locality are occupied mainly by government employees, which makes the area one
of the cleanest and greenest areas in Madurai. Multiple malls and brand outlets
are located in the area, and it is one of the safest places to buy a home in Madurai.
However, there's just one con, being a locality occupied mainly by government
employees, houses are rare to find. A house in Chokkikulam will cost you
somewhere between 4500-7000 rs sq. ft.
4. Ellis Nagar:
If you like staying
in the center of the city and want public, intercity transport to be readily
available, this is your ideal area for buy house in Madurai. Ellis Nagar is
located in the city's heart, where you will find the city bus stand and railway
junction. Although not commercialized in terms of industries, this area has a
lot of hotels, pgs, and apartments, making it easier to find accommodation.
Again, being a place located in the city's center, the place is
expensive. Buying a property in this area will cost anywhere between
7000-11000 rs/sq ft.
Conclusion
These were the best
localities in Madurai for buying a house; they have a mix of all amenities one
looks for in surroundings. However, other localities like TVS Nagar, Parktown,
and Nagamalai are also gaining popularity thanks to calm surroundings. If you
notice, the most common thing in these localities is the surrounding; people
buying a home in today's world are looking towards buying houses in localities
that are calm, green, and have ample breathing space.
Buying a house in overcrowded localities has become more of a habit for real estate investors because they plan to make investments and reap benefits from it. However, for you, the localities, as mentioned earlier, will bring the best of both worlds. The localities are calm and peaceful, and the property price will also steadily increase, giving you a good ROI.
About Author
Jatin Dubey
An enthusiastic content writer who is a law graduate and has been working as Real Estate Consultant for around 9 years.
He has worked with top Real Estate Agencies and Builders in Delhi, Bangalore and Pune. His skills to perform market analysis and explore high potential localities has helped many clients in the past.
An enthusiastic content writer who is a law graduate and has been working as Real Estate Consultant for around 9 years.
He has worked with top Real Estate Agencies and Builders in Delhi, Bangalore and Pune. His skills to perform market analysis and explore high potential localities has helped many clients in the past.
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