Properties in Korattur

Want an established Chennai neighbourhood rather than a new one still waiting for shops and roads? Korattur, in the north-west of the city, grew up around a large lake next to the Ambattur industrial estate. The estate and the suburban railway keep the area going, and homes cost less here than in the western and southern suburbs. Buyers considering apartments in Korattur are usually after that settled feel at a lower price.

The listings cover a wide range. Alliance Orchid Springss is a large completed community on 18 acres, with compact and regular 2 and 3 BHK homes listed from about Rs. 42.45 Lakhs and possession from January 2017. Because it is finished, any home you buy there will likely be a resale, and you can see how the complex has aged. Casagrand Medora is under construction on 2.56 acres with 155 homes in 2 and 3 BHK layouts. No price or possession date is listed for it yet, so ask for the cost sheet and committed completion date.

Getting around relies on the suburban railway and on the roads serving the Ambattur industrial estate, which is also a local source of jobs. If you work elsewhere in Chennai, time the train and road options at peak hour to see which suits you.

Weigh a few points before you buy. Homes near a large lake need a close look at drainage, so ask neighbours how the area fared in heavy rain and check the ground floor level of the building. Find out what operates in the nearby industrial estate and whether truck traffic uses your approach road. For the ongoing project, look up its registration on the TNRERA portal. For a resale flat in an older complex, ask for the sale deed, tax receipts and the association's statement of dues, and have a lawyer review them. Ask how water reaches the building and what the monthly maintenance covers.

A settled area also means you can talk to residents before you decide, which is worth an afternoon of your time.