#nanmangalam

[sriyavenugopal]

Nanmangalam – A well rounded locality for living

Nanmangalam is located in the South of Chennai. Nanmangalam Reserved Forest is located in this area which is an asset as there is a lush green atmosphere which makes a haven like environment from the rest of the city. The locality has a brilliant infrastructure as it is well surrounded by hotels, restaurants, schools, hospitals, banks, convenience stores, ATM and many more. Nanmangalam is well connected because of the east coast road and also grand southern trunk road. Apart from that it is close to the International Airport which is a huge advantage. It has direct connectivity to Chennai Central and also the other localities of Chennai.  

One major advantage of Nanmangalam is that Velachery is in close proximity to this locality. Also, Phoenix Market City located in Velachery is close by Nanmangalam, thus creating a shopping destination for many. Velachery is considered to be one of the best localities of Chennai. Also, the IT Park is in close proximity which is again beneficial for the locality. Thus the development in the nearby localities would reflect in great ways especially in regard with the real estate.

The real estate demand has been upwards for a while now. The property prices of Nanmangalam are lesser in comparison to Velachery. Thus for those who cannot afford a property in Velachery but wish to own a property around it, Nanmangalam is definitely a good option to consider as there are affordable Nanmangalam apartments, villas and independent houses available. The demand for apartments in Nanmangalam is higher than the other formats of properties available.

Apartments are available from a 1 BHK, 2 BHK, 3 BHK and a 4 BHK. 1 BHK and 2 BHK apartments are usually the comfortable ones that are targeted towards the middle segment of the people. The 3 BHK and 4 BHK apartments are the comfortable, spacious and more towards the luxurious aspect of living. This definitely is a good location for investment as well because the prices of the properties over the past few years is only appreciating and one can see the same trend of growth even in the future.

[sriyavenugopal]

Buy 2 BHK Apartments in Nanmangalam at Unbelievable Prices

Nanmangalam is a growing suburb of Chennai. It is about 33 Km from the main city. Nanmangalam is part of the Kanchipuram district. Due to its proximity with numerous IT companies, the locality is presently seen as a less expensive option as far as real estate investment is concerned. Several apartment projects are coming up in this area and the best part is that the builders are offering a range of modern facilities and amenities as part of their projects in order to support their residents with a modern lifestyle and hassle-free living. Comparatively less prices coupled with a range of amenities are what draw in a lot of investors to buy 2 BHK apartments in Nanmangalam.

As per the first week of August, 2015, the average price of a residential unit in Nanmangalam costs Rs. 5500 per square feet. Though there aren’t many residential units for sale here in this area, but within a couple of years, Nanmangalam will surely become a much sought after residential area near Chennai. Nanmangalam 2 BHK apartments are undoubtedly an ideal property for long term investment options.

Many affordable projects are to be launched in this area in the coming years. The nearby areas including Rajakilpakkam, Medavakkam and Pallikaranai are developing areas in terms of real estate.

Most people looking forward to buy a property in this area consider buying apartments followed by houses, plots and layouts, builder floors, villas and penthouses. An estimated sale price appreciation of 2.6% per year is witnessed in the locality.

If you are looking forward to buy a spacious apartment with all kinds of amenities amidst a pollution-free environment at the best prices in the city, then choose to buy a 2 BHK apartment in Nanmangalam. Even if you are running out of budget to make a single payment, you can easily get home loans and become the owner of a beautiful property. Many realty builders help you by arranging for home loans with easy installment options. Instead of paying your rent and not owning a property, you can pay monthly EMIs and become the owner of a beautiful house.