Chennai, the capital city of Tamil Nadu, is one of the fastest-growing cities in India. It is known for its rich culture, temples, beaches, and great food. Chennai has become a popular destination for people looking to relocate or invest in real estate. However, with the growth of the city, the cost of living has also increased. In this article, we will take a look at the 5 most expensive pin codes in Chennai city to live in.
Teynampet is a prime residential area located in the heart of Chennai. It is known for its excellent connectivity, top-notch schools, and healthcare facilities. The cost of living in Teynampet is quite high, with the average property rate being around Rs. 18,000 per square foot. The average cost of renting a 2BHK apartment is around Rs. 35,000 per month.
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Chepauk is another high-end residential area in Chennai. It is situated close to some of the most popular landmarks in the city, including the Marina Beach and the Chepauk Palace. The cost of living in Chepauk is on the higher side, with the average property rate being around Rs. 15,000 per square foot. The average cost of renting a 2BHK apartment is around Rs. 30,000 per month.
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Nungambakkam is a posh locality in Chennai that is home to several celebrities and politicians. It is known for its upscale restaurants, cafes, and boutiques. The cost of living in Nungambakkam is quite high, with the average property rate being around Rs. 19,000 per square foot. The average cost of renting a 2BHK apartment is around Rs. 40,000 per month.
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Kodambakkam is a popular residential area in Chennai that is known for its proximity to some of the most popular landmarks in the city. It is home to several film studios and is known as the "Kollywood" hub. The cost of living in Kodambakkam is on the higher side, with the average property rate being around Rs. 13,000 per square foot. The average cost of renting a 2BHK apartment is around Rs. 25,000 per month.
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Chetpet is a premium residential area in Chennai that is located close to the city center. It is known for its excellent connectivity and proximity to some of the top schools and hospitals in the city. The cost of living in Chetpet is quite high, with the average property rate being around Rs. 17,000 per square foot. The average cost of renting a 2BHK apartment is around Rs. 35,000 per month.
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Chennai is a city that offers a great quality of life, but it comes at a cost. The cost of living in some of the most popular areas in Chennai can be quite high, especially if you are looking to invest in real estate or rent an apartment. However, the high cost of living is justified by the excellent infrastructure, schools, and healthcare facilities that these areas offer.
The average property rate in Teynampet is around Rs. 18,000 per square foot.
Nungambakkam has the highest property rate in Chennai, with an average of around Rs. 19,000 per square foot.
Kodambakkam is known as the "Kollywood" hub and is home to several film studios, making it a popular residential area among people working in the film industry.
Chetpet is known for its excellent connectivity and proximity to some of the top schools and hospitals in the city, making it an ideal residential area for families and professionals.