Pallavaram town is a second-grade municipality located in the outskirts of Chennai. It forms a part of the Alandur Taluk of Kanchipuram district and is located at a distance of about 17 kilometres from Chennai city. Pallavaram is famous for its bustling residential colonies and cantonment. The residents of this area use Pallavaram railway station for their daily travel needs.
Realty investment destination
People in Chennai dream of owning a property that is affordable and offer better appreciations for the buyers and investors. Vast availability of qualified professionals in the IT sector, and a judicial mixture of diverse cultures have made Chennai as among the ideal cities in the globe suitable for investments in the real estate sector.
Pallavaram is one of the prominent localities in GST Road with lot of amenities at the doorstep. Pallavaram-Thoraipakkam stretch constitutes one of the leading roads which connects to OMR directly and is effectively utilized by the IT employees. IT professionals and a large number of NRI buyers are more interested in purchasing independent house for sale in Pallavaram considering the modern amenities provided along with the property
The region is situated in the vicinity of Meenambakkam Airport and provides better connectivity to rest of the city. Majority of the prospective home buyers are keenly searching for properties in Chennai, such as Pallavaram house for sale.
GST Road popularly known as National Highway 45 (NH-45) is considered as one of the busy highways in South India. It is an important road, connecting the centre of the city to various suburban localities in the south and the International Airport located at Meenambakkam.
Pallavaram has invariably attracted the attention of the real estate promoters, partially due to its excellent social infrastructural facilities. The area accommodates a number of reputed schools, colleges, hospitals and well-laid out roads. The infrastructure facilities available in this area are also quite outstanding, with a number of bus stops, railway stations, and shopping centres located in the area.
Localities like Guindy, Guduvanchery, Chrompet, Pallavaram, Tambaram and Meenambakkam situated along the GST Road enjoy the sturdy commercial infrastructure, with entertainment zones, restaurants, fitness centres, and shops which meet the requirements of the dwellers in Pallavaram.
Bangalore is popularly known as the Silicon Valley of India, for its global IT companies and immense employment opportunities in some of the big companies. The city and its suburbs are also well known for luxurious apartments of global standards. People are now more interested in buying residential properties in Bangalore because of congenial weather and fashionable lifestyle.
The city is witnessing some drastic changes in terms of new residential projects and the builders are trying to offer the best possible housing solution. There are several housing projects which are coming to make a big impact; some of the prestigious projects are Purvankara, Golden Gate, and Shriram properties.
The prevailing market rate for villas for sale in Whitefield varies from 4500 to 8500 INR per sq. ft. depending on the amenities offered by the builders.
Salient features of the residential projects in this area are listed below:
- Water treatment plant
- Sufficient space for car parking in the upper as well as the lower basements including car parking facilities for the visitors
- Lobbies that are well decorated with the Italian marble finishing
- Fun and play area for children
- Gymnasium and fitness center
- Steam and Sauna
- Swimming pool
- Entertainment center with billiards, table tennis, cards, carom and chess
The builders also undertake all the works related to Interior decoration. Buyers can utilize the expertise of the builders in the execution of the following works:
- Crockery Units/Media units
- Wall Cladding
- False Ceiling/POP Works
- Wooden/Laminated Flooring
- Blinds/Curtains/Soft Furnishings
- Electrical (Home appliances)& Decorative Electrical Fixture works
- Toilet Accessories
You should be able to decide and then choose the kind of property you are looking for, whether it’s an apartment or independent villa, you can finalize your choice based on the location. If you have financial restraints, you can manage to buy property according to your budget. But it is obvious that if you want to stay in the central part of the city, property rates will be higher as compared to the prices of property in the suburban areas like Whitefield. Consider villas in Whitefield to own a property.
At present, Poonamallee is crowned to be the most hotspot area in Chennai as of real estate. This due to the immense expansion of roads and infrastructure in the place. The price of property has been increasing constantly due to the guideline values and the ongoing 4-lane state highway. Besides, another positive growth in Chennai is the business opportunities catered by the city as it has endless manufacturing units and is renowned as the hub of south India.
The added advantage of Poonamallee is its locality as it nestled in the end of the Mount- Poonamallee high road, as there are seamless transit options owing to the NH-4 and the state highways. Those working around Irunagattukottai, Sriperumbudur and Kattupakkam find these Luxury apartments in Poonamallee for sale cost-effective and perfect for living.
People residing close to this area like Paruthipattu, Avadi, and Ambattur feel that these Poonamallee 2 bhk Apartments for Sale are worth an investment as it caters excellent amenities and ambiance for a complete and comfortable lifestyle.
The constant increase for housing demands have eventually given rise to many residential units in the city. Recent study has stated that the areas along the west part of the metropolis have witnesses an effective absorption rate. With affordable housing on top of the list, a plethora of homes are been constructed especially for the mid-income levels with unique interiors and exteriors crafted by world-class designers in the city.
Major factors like good infrastructure and the sprawling IT development have captured many professionals to invest in these properties.
Be it a home buyer or investor, Poonamallee has been a sought after place as it is quite reasonable and offers frequent commutation to all parts of the city especially to the IT hubs nestled in Ambattur and around. The locality has ensured to fulfill all the needed requirements in all aspects for realty investments which assures good returns in future.
So, consult with a good realtor or agent to get the right property in Poonamallee for better investment options and tranquil living. Hurry! Invest in your dream today.
The real estate market of residential properties in Chennai has been showing a positive trend in all areas. Tambaram is one amongst such areas best known for its rapid growth in all sectors. It has been recorded that there is a rise of around 20% in the construction of residential apartments in Tambaram. The region has attained a better growth rate in social infrastructure as compared to other suburbs of Chennai.
The price range of Luxury apartments in Tambaram varies from Rs. 3600 to Rs. 5500 per sq ft. The value appreciation will be about 6% per annum.
Many residential projects are in the pipeline, in the vicinity of Tambaram. With the consistent performance of reputed real estate developers, the real estate market in Tambaram will be able to witness great heights within a short span of time. Tambaram apartments for sale are located amidst a green and peaceful environment. Dwellers will be assured with a comfortable and healthy living in this locality. Tambaram is situated in the vicinity of the international airport and so frequent air travellers and NRIs will certainly benefit a lot by purchasing apartments in this area.
High returns on investment
Reputed builders in the city who have clearly understood the market trends are trying to establish their presence here in Tambaram. There are several apartment complexes and gated communities built by popular realtors. So, the investments made in Tambaram properties will ensure a high returns on investment in the near future. These dwelling units offer a happy and comfortable living for the buyers.
Tambaram is housing many IT companies, hospitals, educational institutions, and retail outlets in its vicinity. Moreover, the metro train service will be operating up to Tambaram soon. This will certainly ease out the travel time for the residents of Tambaram while travelling to all the major places of the city. Tambaram apartments are now being sold away too quickly.
There are all types of residential units available in Tambaram. Whether you need an independent house, villa, 1 BHK, 2 BHK or 3 BHK apartments, residential units here are comparatively less priced with all basic facilities and modern amenities.