Property in Saidapet
Saidapet is a residential neighborhood located in the southern part of Chennai, Tamil Nadu. The locality is named after Sayyid Shah, a high ranking official in the court of the Nawab of Arcot. Saidapet houses a number of highly revered temples like Karaneeswarar Koil, Sri Siva Subramaniya Swamy Thirukkovil, Amman Temple, Siddhi Buddhi Vinayagar Temple and Sri Hanumantharayan Koil.
Anna Nagar, Sadullakhan Nagar, Thiru Vi Ka Industrial Estate, Appavu Nagar and Ethiraj Nagar are some of the famous localities in Saidapet.
Saidapet shares its border with major roads of Chennai namely the Sardar Patel Road, Trichy Chennai Highway, Poonamallee Road and Jawaharlal Nehru Road. MTC Buses serve the area with the nearby stations being Maanthoppupalli, Saidapet Arch, Little Mount, Mettupalayam and Halda. Also, Saidapet is a station on the Chennai Suburban Railway Network. The proposed Chennai metro service is expected to further improve the transportation system here.
The Chennai Central Railway Station is 12 kilometers from the area and can be reached within 25 minutes via the Trichy Chennai Highway. The Chennai International Airport is located at a distance of 8.2 kilometers from Saidapet and is a 12-minute drive via the Southern Trunk Road.
Teachers Training College, Geeta Matriculation Higher Secondary School, Corporation Boys Higher Secondary School, Euro Kids, Philip Matriculation School, Chellammal Women’s College, the Indian Public School, Shri MAK Matriculation Higher Secondary School and Annai Veilankanni’s Higher Secondary School are some of the popular educational institutions in Saidapet.
Hospitals and Banks
Hospitals in and around the locality include ESI Hospital, Vasan Eye Care Hospital, Dr. A. Ramachandran’s Diabetes Hospital, Huma Specialist Hospital and Research Centre, Kumaran Specialities Hospital, Venkateshwara Hospital, ECHS Polyclinic and St. Thomas Hospital.
Banks having their branches in Saidapet include Indian Overseas Bank, Indian Bank, Canara Bank, Andhra Bank, State Bank of India, UCO Bank and IDBI Bank.
Shopping Malls and Recreation
Mega Mart, Premium Tourister, London Stores and Shopping Singapore are some of the shopping centers located in the area. Madras Gymkhana and Golf Annexe and Cosmopolitan Club Golf Links are the two recreation centers located near Saidapet.
Real Estate in Saidapet
As a result of rapid development in the field of infrastructure and close proximity to all necessary amenities, Saidapet has emerged as one of the most desired residential localities in the city of Chennai. Currently, there are 4 under construction, 2 ready to move in and 1 upcoming project in the region. Prominent builders like Color Homes Developers, Sai Kalpatharu, Acchyuthan Builders, Navin Housing, KG Builders, Krishna Constructions and Pace Builders have launched their projects in the locality.
Choolaimedu by Kalpataru, Ivory Tower by Srinivasa Builders and Abhinav Gardens by Reputed Builders are some popular projects in Saidapet. Unit sizes of apartments in the area range between 424 sq. ft. and 3735 sq. ft. The average apartment price in the area is Rs.7068 per sq. ft. with the maximum and minimum apartment price being Rs. 19000 per sq. ft. and Rs. 695 per sq. ft., respectively.
During the last 6 months, minimum rise in the property rates in Saidapet has been 5.3% and at places, they have risen by upto 12.3%.
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