Posh Areas To Buy A House In Madurai
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.
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.
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.
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.