{"id":3276,"date":"2021-10-09T16:36:20","date_gmt":"2021-10-09T16:36:20","guid":{"rendered":"https:\/\/www.propertypistol.com\/blog\/?p=3276"},"modified":"2021-10-09T16:36:25","modified_gmt":"2021-10-09T16:36:25","slug":"discover-the-top-secret-residential-area-to-invest-in-chennai-hideaways","status":"publish","type":"post","link":"https:\/\/www.propertypistol.com\/blog\/discover-the-top-secret-residential-area-to-invest-in-chennai-hideaways\/","title":{"rendered":"Discover the top-secret residential area to invest in Chennai hideaways"},"content":{"rendered":"\n

Chennai is the capital city of Tamil Nadu, provides a wide range of possibilities for Indians. Chennai is often referred to as “The Detroit of India,” as it is home to more than one-third of India’s automobile industry <\/em><\/p>\n\n\n\n\n\n\n\n

Chennai is\nwell-known for its outstanding infrastructure facilities and the city has seen\nsignificant growth in terms of the number of emerging and rapidly growing\nresidential and commercial centres over the years. This can be attributed to\nthe high standard of living, the city’s status as among the most important\ncontributors to the IT industry, film industry, textile industry, and the\navailability of prestigious educational institutions which greatly contribute\nto the growth of the Chennai real estate sector.<\/p>\n\n\n\n

Chennai, Tamil\nNadu’s illustrious capital, has seen an expansion across the city. Despite the\nfact that the rest of the world was declining, investment in Chennai doubled\nfor a number of reasons.<\/p>\n\n\n\n

Chennai offers a\nclose community that is safe for its residents, in addition to excellent life\nquality and infrastructure. The demand for residential projects in and around\nthese areas has risen as a result of having so many options that are available\nfor purchase, finding the ideal home can be difficult. There are lots of areas\nin which anyone can invest and, without a doubt, earn higher and faster returns\non investment.<\/p>\n\n\n\n

Here are the top\n3 places in Chennai that offer exquisite and peaceful living options:<\/p>\n\n\n\n

Porur<\/strong>: Porur is located in the west along the Mount\nPoonamallee (MP) Road. It has grown into a well-known IT\/ITeS hub in the city.\nIT parks such as the Ascendas Hi-Tech Park, DLF IT Park, and WS-IT Park\ncharacterise the area and have attracted significant commercial investment\nwhile also providing a platform for the development of residential areas.<\/p>\n\n\n\n

Porur is\nwell-connected to other areas, which is one of the main reasons why it is\nregarded as one of the best residential areas in Chennai. This includes easy\naccess to Guindy, Valasaravakkam, and Virugambakkam. In the coming years, the\nproposed Porur-Vadapalani metro corridor is expected to increase connectivity\nas well as prices.<\/p>\n\n\n\n

Several large\ncorporations have made investments in the area’s real estate sector in recent\nyears. As a result, Porur now provides housing options ranging from multi-story\nresidences to independent floors. Several good realtors in the area are Ramani\nand StepsStone. The average investment value ranges from Rs 4,420 to Rs 5,350\nper sq ft.<\/p>\n\n\n\n

Ambattur<\/strong>: Ambattur is a popular residential area in\nChennai. The social infrastructure is especially well developed, with several\nwell-known schools (St. NIIT, Peter’s Engineering College, and Velammal\nEngineering College) and hospitals such as (Sir Ivan Stedeford Hospital, Teja\nHospital), malls, and shopping centres like (J. M. Shopping Centre) and because\nof its status as a major religious and emerging residential hub, the facilities\nand aesthetics are first-rate.<\/p>\n\n\n\n

Surappattu<\/strong>: Road, Jawaharlal Nehru Road, Kallikuppam\nRoad, Chennai Bypass Road, and Tonakela Camp Road connect Ambattur to major\nroads. This allows for the smooth transportation of commodities by road.\nFurthermore, the Ambattur Railway Station and the Pattaravakkam Railway Station\nconnect Ambattur to the surrounding areas. The Chennai International Airport is\n23 kilometres away.<\/p>\n\n\n\n

Initially, the\narea was dominated by ancillary industries producing automobile parts that were\nshipped to larger industries in city centres. However, in recent years,\nAmbattur has seen the emergence of autonomous automobile industrial estates as\nwell as information technology companies, which have completely transformed the\ncity. Companies such as Heavy Vehicles Factory, Brittania, and Jaya TV are\nlocated nearby. Creations Manchester, Praneel Elegance, RWD Lemongraz, and JR\nCastle Town Phase 1 are some of the most popular real estate projects in\nAmbattur. The average investment value is slightly higher due to the presence\nof the emerging commercial hub, at Rs.7289.5 per Sq. Ft.<\/p>\n\n\n\n

Oragadam<\/strong>: Oragadam, located alongside the Grand\nSouthern Trunk (GST) Road, is a city real estate destination of the future.\nOragadam is home to 22 Fortune out of 500 companies as well as numerous IT\/ITeS\nfirms, in addition to being Southeast Asia’s largest automobile hub. Economic\ngrowth is also fueled by easy access to key thoroughfares and micro-markets\nsuch as Chromepet and Tambaram. The Koyembedu Bus Stand and the Chennai Egmore\nrailway stations are also nearby.<\/p>\n\n\n\n

The Chennai Metro\nhas made it easier to travel within the city. The Chennai Salem Expressway has\ngreatly simplified commuting. Aside from that, the Potheri Railway Station\nprovides access to the surrounding cities. Chennai International Airport is\nalso nearby. Although the social infrastructure is not as developed as in\nPorur, the area is distinguished by an increasing number ofeducational\ninstitutions, banks, and hospitals centred on residential projects and\ncomplexes.<\/p>\n\n\n\n

Accord Aero City,Casagrand\nArena,  S&P Fortune, and TVS Emerald\nFlourish are some of the major residential projects in Oragadam. The average\ncapital price ranges from Rs 3,300 to Rs 3,800 per square ft.<\/p>\n\n\n\n

Pallavaram<\/strong>: Pallavaram is among Chennai’s best-connected\nmicro-markets and residential areas. The Chennai-Theni Highway and the Outer\nRing Road, also known as NH 45, are conveniently located at the intersection of\nthe Old Mahabalipuram Road (OMR) and the Pallavaram-Thoraipakkam Road.\nPallavaram is linked to Madipakkam, Nanganallur, Adambakkam, and Perungudi. The\nChennai International Airport is only about a 5-minute drive away. <\/p>\n\n\n\n

Because of its strategic location, a plethora of affordable housing options are emerging in the region, which has helped turn it into a boon for buyers. The average property price ranges from Rs 5,100 per sq ft to Rs 7,000 per sq ft. The most well-known builders in the area are Alliance Group Builders, Agni Estates and Foundations Builders, and Mantri Developers. Pallavaram has seen the rise of numerous IT firms such as Alvo Tech, Hexacorp, and Rexip.<\/p>\n\n\n\n

Disclaimer: <\/strong>The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information<\/em>.\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"

Chennai is the capital city of Tamil Nadu, provides a wide range of possibilities for Indians. Chennai is often referred to as “The Detroit of India,” as it is home to more than one-third of India’s automobile industry<\/p>\n","protected":false},"author":2,"featured_media":3282,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[40],"tags":[72],"class_list":["post-3276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-locality-overview","tag-where-to-invest","entry"],"acf":[],"yoast_head":"\nDiscover the top-secret residential area to invest in Chennai hideaways - Real Estate Sector Latest News, Updates & Insights - PropertyPistol Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertypistol.com\/blog\/discover-the-top-secret-residential-area-to-invest-in-chennai-hideaways\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Discover the top-secret residential area to invest in Chennai hideaways - Real Estate Sector Latest News, Updates & Insights - PropertyPistol Blog\" \/>\n<meta property=\"og:description\" content=\"Chennai is the capital city of Tamil Nadu, provides a wide range of possibilities for Indians. 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