Individual House in Puzhal Chennai for Family Use & Rental Income

Looking for an individual house in Puzhal Chennai that can serve both family needs and generate rental income? This property offers a combination of residential and commercial potential, making it an interesting option for homebuyers and property investors. With 2400 sq ft of land and approximately 1200 sq ft of building area, the property provides useful space for comfortable living along with an existing shop portion.

Property Overview

This individual house is located in Puzhal, Chennai, in an established residential area with convenient road connectivity. The property includes a 2400 sq ft land area and around 1200 sq ft of built-up space.

The property is suitable for buyers looking for a home with additional income potential. The shop portion can provide monthly rental income while the residential portion can be used by the owner or family.

Property Highlights

• Land Area: 2400 sq ft
• Building Area: 1200 sq ft
• Property Type: Individual House
• Usage: Residential + Commercial
• Building Age: Approximately 7 years
• Existing Shop Rental: Around ₹5,000 per month
• Approximate Price: ₹1.5 Crore
• Road: Wide and accessible road
• Approval: Land and building approval to be verified

Family Use and Rental Income

One of the main advantages of this property is its combination of family living and rental income. Buyers can use the residential portion as their own home while continuing the existing shop rental arrangement.

For families purchasing a property in Chennai, having an additional monthly income source can help manage household expenses or contribute towards loan repayments.

Prime Location and Road Connectivity

Location is an important factor when purchasing real estate. This property benefits from access to a wide and developed road, providing convenient movement for residents, visitors, and commercial customers.

The surrounding Puzhal area has residential communities, shops, services, and other essential facilities. Buyers should personally check nearby schools, hospitals, supermarkets, public transport, banks, and other facilities before making a final decision.

Investment Potential

A property with both residential and commercial use can provide multiple benefits to an investor. The existing shop rental offers immediate income potential, while the land component can contribute to long-term property value.

The approximately 2400 sq ft land area also provides substantial space compared with many residential properties available in Chennai. Buyers should compare similar properties in Puzhal and nearby locations before deciding whether the asking price represents good value.

Building Condition and Renovation

The building is approximately seven years old and may require some maintenance or minor renovation. Painting, repairs, improvements to interiors, or other upgrades could improve the property’s appearance and usability.

Before purchasing, buyers should inspect the structure, flooring, walls, roof, electrical systems, plumbing, doors, windows, parking space, and other important areas.

Price and Negotiation

The property is offered at approximately ₹1.5 crore. The final price should be confirmed directly with the seller or property representative.

Buyers should compare the price with similar individual houses and land properties in Puzhal based on land size, building condition, road width, location, rental income, and approval status.

Documents and Due Diligence

Before paying an advance, buyers should carefully verify the property’s legal and approval documents. This may include the sale deed, parent documents, patta, encumbrance certificate, approved building plan, property tax records, and other relevant documents.

Professional legal and property verification is recommended before completing the transaction.

Why Consider This Puzhal Property?

This property can be considered by buyers looking for:

• A home for family use
• Additional rental income
• A mixed-use property
• Large land area
• Good road accessibility
• Long-term investment potential
• A property in an established Chennai location

Explore More Chennai Properties

For more property listings and real estate opportunities, visit Homes and Land.

You can also explore CMDA Plots in Redhills, Chennai, as well as real estate information for Korukkupet, Chennai and Ennore, Chennai.

Watch the Property Video

Watch the complete property walkthrough on Namma Veetu Real Estate Academy YouTube to see the property, location, road access, and important details.

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Conclusion

This individual house in Puzhal Chennai offers a combination of family living and rental income potential. With 2400 sq ft of land, approximately 1200 sq ft of building space, an existing shop, and good road access, it can be an option worth considering for both homeowners and investors.

However, buyers should inspect the property personally, verify all documents, evaluate renovation costs, confirm rental details, compare nearby properties, and seek professional advice before making a purchase decision.