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2 BHK flats for sale in North Chennai, Chennai
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Casagrand Mercury
2 BHK, Apartments in Stephenson Road, Perambur, Chennai, ( Near Basin Bridge Junction Railway Station )
Perambur, North Chennai
2 BHK
1190 - 1330 Sq.ft
₹ 1 - 1.1 Cr
TOP AMENITIES
- Banquet Hall
- Cafeteria
- Jogging Track
- Sports Courts
- Kids Play Area
- Swimming Pool
- Yoga Zone
- Gym
- Pet Park
- Mini-Theater
- Open Gym
- Reflexology
- Lift
- Power Back Up
- Parking
- Security System
Situated in Perambur, Chennai, which is a key part of the strategically important North Chennai s residential and commercial corridor. Casagrand Mercury is situated directly near the Perambur Flyover and Paper Mills Road.
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5 Towers of G + 34 Storey in 20 Acres
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About Properties In North Chennai, Chennai for Sale
Introduction to North Chennai
- North Chennai is an eminent as a relatively affordable residential zone of Chennai city.
- Located in the northern coastal and inland plains, North Chennai is a high-growth investment zone within Chennai city of Tamil Nadu.
- Major landmarks include Ennore Port, Chennai Central and Thiruvallur District.
- The area is well-known for its sea-facing properties, including apartments, plots, luxury villas and independent houses.
- Industrial and warehouse hubs include the Manali Industrial area, Red Hills, Ambattur and Avadi, attracting working professionals.
- The vast coastline, serene beaches, colonial architecture, historically rich spiritual shrines, and wholesale markets make it the most preferred locality.
- The prominent recreational places include Villivakkam Market, Thiyagarajaswamy Temple, Arulmigu Somanathaswamy Temple, Ennore Creek, Fort St George and VR Chennai Mall.
- North Chennai offers a convenient lifestyle via affordable residential development, hyperconnectivity and a culturally rich neighbourhood.
North Chennai’s Real Estate Overview
- North Chennai has seen an upward trend with 80% capital appreciation within a year.
- Anna Nagar, Avadi and Ambattur are among the leading localities in sales and property price growth in North Chennai.
- 15 key localities within this zone have seen more than 12% YoY growth last year.
- 2 BHK apartments and plots are among the most preferred properties within North Chennai.
- North Chennai sees about 13% to 22% growth in apartment values over the last 3 years.
- Plots in mid-segment localities witnessed 40% growth over the same 3-year period.
- North Chennai is known for its blend of traditional development and heavy industries, and the area is deeply connected with the operational Chennai Metro lines.
Top Residential Localities in North Chennai
- Properties in Madhavaram, Kolathur, and Perambur increased due to the upcoming Phase 2 Metro expansions in North Chennai.
- Ambattur, Avadi, and Thiruvottiyur offer mid-segment residential options near the Grand Northern Trunk Road and Chennai Outer Ring Road.
- Anna Nagar, Mogappair, and Tondiarpet are best for high-end residential investments.
- Localities surrounding the expanding industrial corridors, including Red Hills, Pattabiram, Nemilicheri, and Avadi, offer excellent rental yields and capital returns.
Best Localities in North Chennai for Property Investment
- Anna Nagar, Mogappair, Kolathur, and Madhavaram are some of the growing localities offering strong investment potential close to the inner city and upcoming Metro corridors.
- Ambattur Industrial Estate, Madhavaram, and Manali are gaining potential due to their proximity to key commercial and industrial hubs.
- The rental income within Madhavaram, a premium neighbourhood, has skyrocketed by up to 5% within a year.
- Thiruvottiyur and Tondiarpet are close to the operational Blue Metro Line running directly to the Chennai International Airport.
Top Affordable Localities in North Chennai for Rental Properties
- Madhavaram, Perambur, Kolathur, Tondiarpet and Ambattur are eminent as affordable localities for rental properties.
- These localities offer generous rental value, which varies as follows:
| Localities | Rental Values |
| Madhavaram | 10000-18000 Rs/Month |
| Perambur | 12000-22000 Rs/Month |
| Kolathur | 9000-18000 Rs/Month |
| Tondiarpet | 8000-15000 Rs/Month |
| Ambattur | 13000-22000 Rs/Month |
(Data Source: This analysis is based on internal proprietary data and comprehensive market research)
Property Price Trends in North Chennai
- The real estate market in North Chennai has been skyrocketing at a rapid pace for the past few years.
- The under-construction properties account for a 7-12% surge due to expanding metro connectivity.
- While the YoY price appreciation for ready-to-move apartments will surge up to 14% due to flourishing social assets and coastal lines.
- On average, the property price in North Chennai ranges between 5000/sqft and 10,000/sqft.
- The property price trends for the top locations are as follows:
| Localities | Current Price |
| Perambur | 9000-12000+ |
| Madhavaram | 6000-12000+ |
| Thirumullaivoyal | 4500-6000+ |
(Data Source: This analysis is based on internal proprietary data and comprehensive market research)
North Chennai Property Price Comparison
- The property price trends for eminent localities in North Chennai are as follows:
| Localities | Prices/sqft |
| Koratur | 9450 |
| Moggapair East | 10850 |
| Ramapuram | 10450 |
| Perambur | 8850 |
| Anna Nagar | 16150 |
| Puzhal | 6500 |
| Thirumullaivoyal | 5700 |
| Kolathur | 8050 |
| Anna Nagar East | 14300 |
| Avadi | 6000 |
| Kodungaiyur | 7200 |
| Tondiarpet | 8900 |
| Ayanambakkam | 6500 |
| Madhavaram | 7650 |
| Ayanavaram | 9650 |
(Data Source: This analysis is based on internal proprietary data and comprehensive market research)
Connectivity Advantages of North Chennai
- North Chennai offers outstanding connectivity via metro lines, road routes, airways and railway stations.
- The operational Blue Metro Line directly connects to Chennai International Airport.
- The Chennai Outer Ring Road connects to southern highways and all parts of Chennai.
- The Grand Northern Trunk Road connects localities in North Chennai to neighbouring industrial districts.
- Upcoming suburban and express links connect the manufacturing units and residential clusters smoothly to the inner city.
- The Ennore High Road runs along the coast, offering vital routes from the ports to logistics zones.
- Chennai Central and Perambur Railway Stations link the region to major national and suburban rail corridors.
- The upcoming Phase 2 Metro expansion, the Red Line and the Purple Line (Madhavaram to SIPCOT 2), will dramatically boost connectivity between North Chennai and the OMR IT corridor.
Social Infrastructures of North Chennai
- North Chennai contains some of the most prestigious social assets, recreational facilities and commercial landmarks.
- The eminent schools include Darwin Public School, Holy Cross School, Don Bosco International School, etc., offering quality education.
- The multispecialty hospitals include KVT Multispecialty Hospital, KC & St. Anthony’s Hospital, etc., which are all located within the vicinity, providing convenience.
- Ambattur Industrial Estate, Ambit IT Park, Prince Info Park and the Manali Petrochemical industrial cluster are some of the top commercial and economic landmarks.
- Fort St George, Ripon Building, Ennore Creek, and historic temples across Tondiarpet and Mylapore-Vadapalani borders are eminent cultural and tourist zones.
- Eminent malls such as VR Chennai Mall and National Shopping Malls are within nearby recreational zones.
- North Chennai offers vibrant local eateries, eminent cafes, and modern restaurants.
Upcoming Developments of North Chennai
- The infrastructure along the Chennai Outer Ring Road is planned for major commercial upgrades, turning it into a primary economic zone.
- The upcoming Phase 2 Metro lines will extend seamless transit routes from Madhavaram to the southern IT Corridors.
- A new dedicated metro line between Koyambedu and Avadi is under consideration to further accelerate suburban connectivity.
Future Growth Prospects in North Chennai Real Estate
- North Chennai’s real estate market will continue to appreciate heavily due to the growth driven by the upcoming Phase 2 Metro transit corridors.
- The region is rapidly transforming from an industrial/warehousing belt into a well-integrated urban real estate hub, driving substantial new residential demand.
- The massive industrial expansion in the Ambattur, Avadi, and Manali corridors, alongside the expansion of trade via local ports, continues to guarantee strong rental yields and excellent capital appreciation.
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Frequently Asked Questions
What is the average price of a 2 BHK flat in North Chennai?
The price of a 2 BHK flat in North Chennai typically ranges between ₹62 L to ₹68.32 L, depending on the locality, amenities, and property type.
Which are the properties where you can get 2 BHK flats in North Chennai under 1 Crore?
Some of the properties where you can buy 2 BHK flats under 1 Crore in North Chennai are:
Which are some ready-to-move-in 2 BHK Flats in North Chennai?
Some of the ready-to-move-in 2 BHK flats in North Chennai are:
Which are some affordable 2 BHK Flats in North Chennai?
Some affordable 2 BHK Flats in North Chennai are:
What is the average sq.ft area for a 2 BHK flat in North Chennai?
The average size of a 2 BHK flat in North Chennai ranges between 899 to 1545 sq.ft.
How many 2 BHK flats are for sale in North Chennai without brokerage?
Yes, there are 6 2 BHK flats in North Chennai available at Homebazaar.com. Homebazaar is a no-brokerage platform, ensuring you pay zero brokerage fees when buying your flat.
What are luxurious 2 BHK flats in North Chennai?
The Best Luxurious 2 BHK Flats in North Chennai are:
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