Common Myths About Buying Apartments in Medavakkam – And the Reality

Medavakkam residential apartments highlighting common homebuying myths and the reality of apartment investments.

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Knowing the common myths about buying apartments in Medavakkam – and the reality is the most important first step if you want to buy a home in South Chennai. Many homebuyers still believe old stories that Medavakkam is a far-away area with flood problems, bad roads, and slow price growth. In reality, Medavakkam is now a top housing area located just 12 to 15 minutes from the Sholinganallur OMR IT hub. It offers steady price growth, great schools, the upcoming Chennai Metro Phase 2, and big luxury gated communities like Prestige Falcon City Chennai. When you look at the real facts instead of old rumors, you can buy a safe and profitable home for your family.

Why Medavakkam Is Under the Spotlight in South Chennai

Ten years ago, people saw Medavakkam as a quiet area between Velachery and Tambaram. Today, it is the main link connecting Old Mahabalipuram Road (OMR), GST Road, 200 Feet Radial Road, and Velachery. Because flat prices in areas like Adyar, Thiruvanmiyur, and Velachery have become very high, IT workers and families are now choosing Medavakkam.

However, when an area grows fast, many people still believe old rumors. Buyers who listen to five-year-old advice often miss out on great homes at good prices. Let us look at the top seven wrong beliefs about Medavakkam and check the real facts.

7 Common Myths About Buying Apartments in Medavakkam – And the Reality

Myth 1: Medavakkam Is Too Far From Chennai’s Main IT Parks and City Center

  • The Myth: Many buyers think that living in Medavakkam means spending three to four hours in daily traffic just to reach offices on OMR or inside the city.
  • The Reality: Medavakkam is in a very central spot in South Chennai. Using the wide Medavakkam–Sholinganallur Road and the 200 Feet Radial Road, you can reach the ELCOT SEZ IT park in Sholinganallur (5 km away) in just 10 to 15 minutes. Other big office hubs in Perungudi, Tharamani, and Siruseri are also easy to reach. Also, the Chennai Airport is only 12 km away (about a 30-minute drive). Plus, the upcoming Medavakkam Metro Station is just 5 minutes away, which will make daily travel across Chennai quick and easy.

Myth 2: Every Apartment in Medavakkam Faces Severe Monsoon Flooding

  • The Myth: Because Medavakkam is a few kilometers from the Pallikaranai Marshland, buyers often think the whole area gets flooded during the rainy season.
  • The Reality: Rainwater logging only happened in a few low-lying, unapproved streets, not across all of Medavakkam. Main residential roads like the Medavakkam–Sholinganallur Road, Velachery Main Road, and Mambakkam Road are on higher, safer ground. The government has also built large rainwater drains along the main roads. In addition, modern RERA-approved apartments are built 3 to 4 feet above the road level and have strong drainage and rainwater harvesting systems to keep residents safe during heavy rains.

Myth 3: Medavakkam Only Has Budget Standalone Flats and Lacks Luxury Projects

  • The Myth: Buyers who want modern facilities often skip Medavakkam because they think it only has small, single apartment buildings without a clubhouse, security, or parks.
  • The Reality: Small buildings were common ten years ago, but today India’s biggest builders are in Medavakkam. The best example is Prestige Falcon City Chennai, a grand 23-acre luxury project on the Medavakkam–Sholinganallur Road. It has 22 tall towers, 80% open green space, and a massive 70,000 sq. ft. clubhouse. Today, you can easily buy luxury flats with 60+ modern amenities right in Medavakkam.

Myth 4: Apartments in Medavakkam Have Poor Resale Value and Slow Price Appreciation

  • The Myth: Some investors are afraid to buy flats in Medavakkam because they think prices will not go up in the future.
  • The Reality: Property records show that Medavakkam is one of the fastest-growing housing markets in South Chennai. Flat prices here have gone up by 8% to 15% every year along the main roads, and by almost 37% over the last five years. Prices are growing steadily because thousands of IT professionals working at companies like TCS, Wipro, CTS, and Infosys want to buy homes here for their families.

Myth 5: The Area Lacks Good Schools, Hospitals, and Family Social Infrastructure

  • The Myth: Families with kids or older parents worry that Medavakkam does not have good schools, hospitals, or shopping stores nearby.
  • The Reality: Medavakkam has everything a family needs within 2 to 5 km. Your children can study at top schools like St. John’s Public School, Orchids The International School, Bharathi Vidyalaya, and Sri Chaitanya Techno School. For healthcare, the famous Gleneagles Global Health City hospital is right on the Medavakkam–Sholinganallur Road, along with Kamakshi Memorial Hospital and Arun Hospital. Supermarkets, banks, clothing stores, and family restaurants are all right outside your gate.

Myth 6: Severe Water Scarcity Makes Apartment Living Difficult in Medavakkam

  • The Myth: People often hear that South Chennai suburbs have no groundwater and that families must buy expensive tanker water every day.
  • The Reality: Because Medavakkam is close to the Nanmangalam Reserve Forest and natural lakes, it has much better groundwater than crowded city areas. Government water pipelines have also reached the area. Even better, large gated communities in Medavakkam leave up to 80% open land so rainwater can soak into the ground. They also use water recycling plants for gardens and flushing, which cuts daily fresh water needs by almost 40%.

Myth 7: Buying a Flat in Medavakkam Involves High Legal and Wetland Approval Risks

  • The Myth: Buyers worry that flats in Medavakkam might have land problems or lack government approvals.
  • The Reality: Legal problems only happen if you buy an unapproved flat from a small, unknown builder without checking papers. Every good apartment project in Medavakkam gets full checks and approvals from CMDA and TN-RERA before construction starts. Also, top banks like SBI, HDFC, and ICICI check all land papers carefully before giving home loans. When you buy a RERA-approved flat from a trusted builder like the Prestige Group, your money and home are 100% safe.

Spotlight Project: How Prestige Falcon City Chennai Redefines Medavakkam Living

If you want to see how much Medavakkam has grown, take a look at Prestige Falcon City Chennai. Built by the famous Prestige Group on the main Medavakkam–Sholinganallur Road (near Gleneagles Global Health City), this grand project proves that Medavakkam is now a top luxury housing hub.

Built as a peaceful and complete gated community, Prestige Falcon City Chennai offers a high-quality lifestyle in South Chennai:

  • 23-Acre Grand Project with 80% Open Space: This project covers 23 acres of land and keeps 80% of the space open for green gardens, trees, walking tracks, and fresh air.
  • 22 Tall Towers: It offers 2,170 luxury apartments across 22 high-rise towers (2 Basements + Ground + 14 Floors) built with strong, modern construction quality.
  • Spacious 2, 3, and 4 BHK Homes: Buyers can choose from bright and airy 2 BHK flats (1,001 to 1,130 sq. ft.), large 3 BHK family homes (1,214 to 1,771 sq. ft.), and grand 4 BHK flats (up to 2,735 sq. ft.), with starting prices from ₹1.30 Crore.
  • 70,000 Sq. Ft. Clubhouse & 60+ Amenities: Families can enjoy a huge 70,000 sq. ft. clubhouse with swimming pools, a gym, indoor games, a spa, party halls, workspaces, and kids' play areas.
  • Fast Travel to Metro & IT Parks: Located just 5 minutes from the upcoming Medavakkam Metro Station and 12 minutes from Sholinganallur IT parks, it makes daily office travel very easy and gives high rental and resale value.

Medavakkam Real Estate Snapshot: Myth vs. Reality

Buyer ConcernCommon MythGround Reality
Housing SegmentOnly small single flats availableLuxury 23-acre townships like Prestige Falcon City Chennai
Property AppreciationFlat prices do not grow8%–15% yearly growth on main metro & IT roads
OMR IT Hub CommuteTakes over 1 hour to reach IT parks5 km to Sholinganallur IT hub (10–15 mins drive)
Public TransitPoor bus, metro, and airport links5 mins to upcoming Medavakkam Metro; 12 km to Airport
Rental DemandHard to find tenantsHigh rent demand from 20+ IT companies on OMR

Expert Checklist: How to Verify an Apartment in Medavakkam Before Buying

Follow these four easy steps to make a safe and smart decision before booking a flat in Medavakkam:

  1. Check the TN-RERA Number: Go to the official Tamil Nadu RERA website (rera.tn.gov.in) to check the project’s approval number, building plan, and completion date.
  2. Pick a Trusted Builder: Always buy from top builders like the Prestige Group who have a clean record, clear land papers, and strong building quality.
  3. Check Distance to the Metro & IT Road: Flats on the Medavakkam–Sholinganallur Road within 5 minutes of the new Metro Station will grow 15% to 25% faster in value once the metro trains start running.
  4. Look for Open Green Space: Choose gated communities with 70% to 80% open space and good rainwater systems so your family enjoys fresh air and zero water problems.

Final Takeaway for Homebuyers

Understanding the common myths about buying apartments in Medavakkam – and the reality clearly shows why this area is South Chennai's best place to buy a home. While old rumors talk about past problems, the real facts show strong price growth, a quick 12-minute drive to OMR IT parks, upcoming metro trains, and world-class projects like Prestige Falcon City Chennai. By buying a RERA-approved flat on the Medavakkam–Sholinganallur Road, you can give your family a comfortable luxury lifestyle and a great investment for the future.

Frequently Asked Questions (FAQs)

1. What are the most common myths about buying apartments in Medavakkam?

The most common myths are that Medavakkam is too far from IT parks, gets flooded everywhere, has no luxury projects, and gives low resale profit. The truth is that it is just 5 km from Sholinganallur OMR, has safe roads with good drains, features grand projects like Prestige Falcon City Chennai, and gives strong yearly price growth.

2. What is the price of apartments in Medavakkam and Prestige Falcon City Chennai?

Regular flats in Medavakkam cost between ₹5,800 and ₹7,800 per sq. ft. (around ₹58 Lakhs to ₹95 Lakhs). For luxury gated communities like Prestige Falcon City Chennai on the Medavakkam–Sholinganallur Road, large 2, 3, and 4 BHK apartments start from ₹1.30 Crore and go up to ₹3.54 Crore based on the flat size.

3. Why is Prestige Falcon City Chennai considered a landmark project in Medavakkam?

Prestige Falcon City Chennai is a huge 23-acre township on the Medavakkam–Sholinganallur Road with 2,170 luxury flats across 22 towers. Because it offers 80% open green space, a 70,000 sq. ft. clubhouse, 60+ modern amenities, and is just 5 minutes from the upcoming Medavakkam Metro Station, it is the finest luxury address in the area.

4. Is Medavakkam safe from flooding during the Chennai monsoon?

Yes, main residential areas and RERA-approved gated communities on the Medavakkam–Sholinganallur Road, Velachery Main Road, and Mambakkam Road are safe from floods. Modern townships are built on raised ground with 80% open green soil and strong rainwater drains to keep water out.

5. How will the upcoming Chennai Metro Phase 2 impact Medavakkam property rates?

Chennai Metro Phase 2 runs right through Medavakkam, and the new Medavakkam Metro Station is just 5 minutes from the main housing areas. When the metro starts, travel time to OMR, Velachery, and the city center will drop, which will push flat prices and rents up by 15% to 25%.

6. Does Medavakkam give good rental returns for property investors?

Yes, Medavakkam gives very good monthly rent and it is easy to find tenants quickly. Since it is only a 10 to 15-minute drive from Sholinganallur IT parks and close to 20+ big IT companies like TCS, Wipro, and Infosys, thousands of IT families look for 2 and 3 BHK rental flats here.

7. Is it better to invest in a pre-launch township or a ready-to-move flat in Medavakkam?

If you want to move in right away, a ready-to-move flat is good. But if you want higher profit and easy payment plans, booking a flat early in a new township like Prestige Falcon City Chennai lets you buy at a lower starting price and get big value growth by the time the project is ready.