Buy 2BHK Flat for Sale at ₹51 Lakhs Ground Floor Unit Near Vinayagapuram In Kolathur, Chennai

Price on call
For Rent
8506 Property ID

Description

2bhk-flat-for-sale-kolathur-chennai-51-lakhs

Affordable 2BHK Ground Floor Apartment for Sale in Near Vinayagapuram In Kolathur, Chennai

Finding an affordable, well-connected home in Chennai is becoming increasingly challenging as property rates surge. If you are searching for a ready-to-move residence that combines comfort, connectivity, and value, this budget-friendly 2BHK ground floor apartment near Kolathur is an exceptional opportunity. Offering the privacy and feel of an individual house, this home is ideal for small families, working professionals, and smart investors.

Explore our verified listings on Homes and Land to discover hot property deals across the city.

Key Property Specifications

  • Configuration: 2 BHK Ground Floor Apartment

  • Built-up Area: 740 sq. ft.

  • Undivided Share of Land (UDS): 380 sq. ft.

  • Facing: South-facing entrance with optimal ventilation

  • Property Age: 9 years (exceptionally well-maintained)

  • Flooring & Fittings: Premium marble flooring, robust safety grills, and woodwork

  • Price: ₹51 Lakhs (reduced from ₹58 Lakhs; extra discount for immediate cash buyers)

  • Loan Assistance: Up to 50% bank loan financing available

Thoughtful Interior Layout & Living Spaces

This apartment has been designed to make every square foot functional:

  • Spacious Living Hall: Welcoming living room designed for family gatherings.

  • Comfortable Bedrooms: Two airy bedrooms, including a master bedroom with an attached bathroom.

  • Large Modular-Style Kitchen: Generously sized kitchen with dedicated washing machine space, practical lofts, and built-in cupboards.

  • Ground Floor Convenience: Easy access for elderly parents and young children without relying on elevators or climbing stairs.

  • Covered Bike Parking: Safe on-site covered parking space exclusively for two-wheelers.

Strategic Location & Social Infrastructure

Location is everything when buying real estate in Chennai. Situated close to Kolathur, Retteri, and Vinayagapuram, residents enjoy hassle-free commutes and access to social amenities:

  • Transportation: Minutes away from Kolathur Metro Station, Retteri Junction, and Vinayagapuram bus stands, ensuring seamless daily travel across Chennai.

  • Top Schools: Positioned between prestigious international institutions, including Narayana e-Techno School and Velammal School.

  • Healthcare & Shopping: Close to top multi-specialty hospitals, local supermarkets, banks, and daily vegetable markets.

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Why Choose This Property Over New Construction?

New apartments around Kolathur and Retteri easily trade between ₹8,000 and ₹9,500 per sq. ft. At just ₹51 Lakhs, this apartment provides significant savings without compromising on quality or accessibility. Furthermore, a substantial 380 sq. ft. UDS on a 740 sq. ft. flat secures strong land value equity for the future.

If you are evaluating diverse micro-markets in North Chennai, you can also consult experienced Real Estate Agents in Korukkupet or explore options through Real Estate Agents in Ennore.

Exceptional Natural Light, Airflow, and Built-in Safety

One of the standout qualities of this ground floor residence is its south-facing orientation, ensuring ample cross-ventilation and natural daylight across all living areas throughout the day. Ground floor living is often associated with privacy concerns, but this apartment eliminates those worries with custom-fitted heavy iron safety grills, sturdy main doors, and dedicated window mesh installations. The smooth marble flooring retains a cooling effect during humid summer months, significantly reducing indoor heat and keeping air conditioning electricity costs manageable for daily family living.

High Rental Yield and Long-Term Value Retention

Beyond being an attractive option for end-users, this apartment represents a high-performing rental asset in an area with sustained residential demand. With top educational hubs like Velammal and Narayana nearby, alongside expanding corporate offices and clinics in the Retteri corridor, finding reliable tenants is fast and hassle-free. The robust 380 sq. ft. Undivided Share of Land guarantees that your capital asset holds long-term appreciation, matching land price growth across Chennai rather than depreciating like high-rise builder floors with minimal land shares.

Seamless Purchase Process and End-to-End Buyer Support

Navigating property purchases requires clear documentation, legal transparency, and timely financial coordination. This nine-year-old property features clear parent deeds, updated property tax receipts, and verified encumbrance certificates ready for legal inspection. Our team simplifies the buying journey by coordinating property verification, bank sanctioning for up to 50% loans, and quick registration drafting. For serious cash buyers, the owner is open to prompt, flexible negotiations, enabling you to step into your new home with complete peace of mind and zero broker friction.

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Address

  • Country India

Overview

  • Property ID 8506
  • Price Price on call
  • Property Type
  • Property status

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