2 BHK Flats & Apartments for Sale Under 50 Lakhs in Kovilambakkam, Chennai

A: You can find a mix of apartments, gated community flats, and affordable housing units, Palace Sai Vikrama, Amraa Prime Rose, Icons La Silver Green, Vishnu Saral Flats, offered by reputed developers in this price range.

A: Yes, Kovilambakkam has multiple ready-to-move 2 BHK flats under ₹50 Lakhs including Sri Ayyan River Wood, Amraa Prime Rose, , Palace Sai Varada, ideal for buyers looking for immediate possession.

A:Several newly launched projects in Kovilambakkam offer 2 BHK flats under ₹50 Lakhs. These often come with modern amenities and attractive pre-launch offers.

A: Typically, 2 BHK flats under ₹50 Lakhs in Kovilambakkam offer built-up areas ranging from 664 sq.ft to 1136 sq.ft, depending on the project and developer.

A: Basic amenities like power backup, security, lifts, parking, and children's play areas are commonly available, even in budget projects.

A: Yes, Kovilambakkam is considered a strategic residential hub due to its connectivity, growing infrastructure, and demand from IT professionals and families.

A: Many reputed developers, include Antony Associates, Sri Ayyan Homes, Bhavani Builders Chennai, Palace Homes, have launched affordable housing projects in Kovilambakkam, offering reliable construction quality and timely delivery.

A: Yes, banks and financial institutions like HDFC Bank, SBI Bank, Axis Bank, ICICI Bank, Tata Capital and Reliance Capital offer home loans for properties in this price segment, subject to eligibility.

A: The average price per sq.ft for 2 BHK flats in Kovilambakkam is around ₹4144, with prices typically ranging from ₹3500 to ₹5150. The exact rate varies based on the project's location, construction stage, and the builder’s profile.

A: Rental income from a 2 BHK flat in Kovilambakkam can range between ₹10,000 to ₹20,000 per month, depending on the property's location and amenities.

A: Yes, most projects listed in this budget segment in Kovilambakkam are RERA-approved, ensuring transparency and legal compliance.

A: Kovilambakkam typically offers good access to city bus services, nearby metro stations (if applicable), and key roads or highways.

A: Yes, many budget-friendly 2 BHK flats in Kovilambakkam include dedicated or common car parking, though it may vary by project.

A: Most residential areas in Kovilambakkam are well-connected to schools, hospitals, and daily essentials, making it ideal for families.