We have been living in Chennai for five years and it is now we have planned to invest in a property. Nungambakkam is one of the popular and well-connected areas, especially for residential complexes. So, my wife and I want to buy land here. I looked for Nungambakkam per sqft rate and found that the average land rate here is Rs. 24,650 per sq ft. However, this can fluctuate depending on a lot of factors.
What is the Nungambakkam Land Rate?
When I was looking at the plot rates on NoBroker, I found there are several factors that can affect the actual land rates in Nungambakkam, Chennai.
Size and shape of a plot determine the exact rate. A bigger plot will significantly be higher in value than a small one.
Understanding an area’s zoning laws and government regulations is critical before buying a plot. Certain areas may be restricted to only residential plots, and some areas may only be meant for commercial use.
You should know economic trends like inflation rates. This has a significant effect on the land prices.
Based on these factors, the land rate in Nungambakkam can range anywhere from Rs. 20,000 to Rs. 38,000. Per sq ft.
I hope this gives you some idea about the Nungambakkam land rates. You can also read
How to Buy a Plot Online?to understand more about land purchase.
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Nungambakkam is a famous residential and commercial area in Chennai. My husband was quite interested in having a property here so he searched for the Nungambakkam per sqft rate in NoBroker. We even tallied the rates with one of our relatives living in Nungambakkam and learned that NoBroker’s rates were correct. I still have the price list with me so let me share that in this comment.
What is the Nungambakkam Square Feet Rate?
The average square feet rate in Nungambakkam is around Chennai is Rs. 17800 per sq ft. Here is a list of more specific rates:
| Location | Total cost | Total Area | Per Square Feet Rate in Nungambakkam |
Gravity Ventures Kodai Farms |
Rs 10 lakhs |
7,200 sq ft |
Rs 138 |
Near Josier St Near King Fisher Water |
Rs 19.2 lakhs |
2,400 sq ft |
Rs 800 |
Kamarajapuram 4th Street |
Rs 87 lakhs |
575 sq ft |
Rs 15,130 |
Narbavi Avenue |
Rs 3 lakhs |
600 sq ft |
Rs 500 |
Valluvar Kottam High Rd, near Valluvar Kottam |
Rs 1.8 crores |
800 sq ft |
Rs 22,500 |
Near GG hospital in Tirumurthy Nagar |
Rs 5 crore |
1,800 sq ft |
Rs 27,777 |
This list of land rate in Nungambakkam will surely give you an idea of the land pricing there. If you want, you can also check the
property rates in Nungambakkam through NoBroker.I hope this helps.
Read More:
What is the future of real estate in Nungambakkam?
What is Nungambakkam per sqft Rate in Chennai?
Barkha
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2024-03-29T15:36:58+00:00 2025-01-30T09:15:25+00:00Comment
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