Madipakkam is a well-established residential locality in South Chennai, known for its balanced mix of affordability, connectivity, and amenities. Over the years, it has emerged as a hotspot for real estate due to its proximity to IT corridors like OMR, Velachery, and the Chennai International Airport.

1. Why Buy Property in Madipakkam?

 Strategic Location

• Located near Velachery, Nanganallur, and Pallikaranai.

• Excellent access to 200 Feet Radial Road, GST Road, and OMR.

• Public transport options include buses, MRTS (Velachery and St. Thomas Mount stations), and share autos.

 Developed Infrastructure

• Schools: D.A.V. Public School, Prince Matriculation, Pon Vidyashram

• Hospitals: Apollo Clinic, K.H. Hospital, New Life Hospital

• Shopping & Entertainment: Phoenix Marketcity, Grand Mall, Reliance Trends

• Water Supply: Borewells and Metro water connections in some areas

• Sewage & Roads: Proper drainage in most parts; some areas still under development

 Safety & Community

• Low crime rate

• Well-established middle-class and upper-middle-class families

• Good community engagement with temples, parks, and cultural activities

2. Buying Residential Apartments in Madipakkam

 Benefits

• Ready-to-move or under-construction options

• Gated communities with security, lifts, power backup, parking

• Common amenities like gym, party hall, and rooftop terrace

• Ideal for nuclear families and working professionals

 Things to Verify

• RERA Registration (mandatory for projects above 500 sq.m or more than 8 units)

• Builder reputation: Google reviews, past projects, and delivery record

• Construction quality and carpet area vs built-up area

• Undivided Share (UDS) of land – critical for resale value

• Corpus fund and maintenance charges

 Approximate Cost (as of 2025)

• ?5,500–?7,000 per sq.ft

• 2 BHK: ?60–90 lakhs

• 3 BHK: ?90 lakhs–1.3 crore

3. Buying Villas in Madipakkam

 Benefits

• Complete independent living experience

• Ideal for larger families or retirees

• More space, privacy, and scope for customization

• Own land rights

 Things to Verify

• Land ownership (Patta) in your name

• CMDA/DTCP approval

• Building plan approval and completion certificate

• Water supply – borewell or metro connection

• Drainage and parking facility

 Approximate Cost

• ?90 lakhs – ?2.5 crores depending on land area and build-up

• Common sizes: 1000–2400 sq.ft plots with built-up areas around 1800–2500 sq.ft

4. Buying Residential Plots in Madipakkam

 Benefits

• Build your dream home at your pace

• Usually more affordable upfront

• Better long-term capital appreciation

• Less maintenance till construction

 Documents & Legal Checklist

• Patta and Chitta – official land record

• Encumbrance Certificate (EC) – shows the property is free from legal dues

• CMDA/DTCP-approved layout

• FMB sketch (Field Measurement Book) to identify boundaries

• No-objection certificates (NOCs) from Panchayat/CMDA

 Approximate Cost

• ?4,000 – ?6,000 per sq.ft (depends on location and road access)

• Popular plot sizes: 600, 900, 1200, 2400 sq.ft

5. Legal & Financial Checklist (All Property Types)

 Legal Documents

• Sale Deed

• Patta (for land or independent house)

• Encumbrance Certificate (EC) for last 15 years

• Property tax receipts

• Building Approval Plan

• Occupancy Certificate (OC) for apartments

 Financial Steps

1. Get home loan pre-approval (check interest rates and eligibility)

2. Pay booking and advance – collect receipt

3. Agreement to Sell – legal contract before final registration

4. Legal verification by a real estate lawyer

5. Registration at Sub-Registrar Office (SRO)

6. Tips for First-Time Home Buyers in Madipakkam

• Visit the property on weekends and weekdays to check traffic, noise, and water supply

• Talk to local residents – get honest feedback on the area

• Check for flood-prone zones – some areas in Madipakkam are low-lying

• Understand the carpet vs built-up area difference

• Look for properties close to bus stops, schools, and main roads

• Avoid buying unapproved plots – very risky for resale or loan

7. Future Potential & Appreciation

• Madipakkam is witnessing gradual infrastructure upgrades

• Proximity to Velachery MRTS, Airport, and OMR adds to value

• Ideal for long-term investments – prices rising steadily

• Better ROI than saturated areas like T. Nagar or Adyar

Buying a home in Madipakkam – whether it’s an apartment, villa, or plot – is a great option if you’re looking for a balance of affordability, location, and future growth. Just make sure you do your due diligence, verify legal documents, and choose the property that fits your lifestyle and financial goals.

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