How Chengalpattu is becoming an ideal location for real estate investment/ investors

 

How DTCP Approved plots near Chengalpattu is becoming an ideal location for real estate investment/ investors

 

Situated 50 kilometres away from the hustle and bustle of Chennai’s urban jungle, Chengalpattu merges the best parts of industrial potential and optimum residential standards. With every passing year, the satellite town’s real estate value is consistently on the rise. What’s the special something that makes Chengalpattu the talk of the town (and beyond)?

 

Home Away From Home

 

To the average Chennaiite, Chengalpattu is merely one of many towns in the orbit of Chennai’s metropolitan area. Nestled between Kanchipuram and Chennai, the young city finds itself at a buzzing nexus of rapid industrial and urban development. In recent times, two major administrative trends have reshaped Chengalpattu’s future for the better, namely:

 - its inclusion in the ambit of Chennai’s Metropolitan Area, thereby gaining access to the same degree of urbanisation as Chennai city itself, and

 - the subsequent boom in infrastructure development across transport, industrial and DTCP Approved plots near Chengalpattu - residential projects.

 

Today, house hunters spanning a wide age bracket want to stake their claim on a patch of Chengalpattu’s 6 square kilometres of prime real estate. Where is this surge in housing demand stemming from? Let’s take a look at the factors fueling this monumental trend.

 

Decoding Chengalpattu: The Real Estate Haven




 

Location & Connectivity

 

In terms of its location and surroundings, Chengalpattu truly hit the jackpot. The city has everything it needs in an ideal toolkit for a developing industrial city.

 

- Situated along GST Road for seamless road connectivity to other South Indian industry hubs

 

- Chengalpattu Junction is a major stop across the Southern Railways’ Network

 

- Chennai International Airport is a mere 40 kilometres away from the city, with plans for a second airport in nearby Sriperumbudur in full swing.

 

Industrial Prospects

 

By virtue of its ideal placement in the Chennai region, Chengalpattu is shaping up into a goldmine for industrial investment. National and international companies alike are setting up solid bases in the area, from Wipro to Nissan and global players like Dell and Foxconn.

 

Optimum Real Estate ROI

 

In a time where asking rates for quality real estate shoot through the roof in Chennai, Chengalpattu strikes an ideal balance between land value and corresponding pricing. Property prices typically range from ₹2500-3500/sq.ft., creating an accessible playing field for prospective homeowners with different budgets in mind. Chengalpattu’s proximity to leading industrial facilities (and Chennai city itself) have created a thriving real estate ecosystem that is rising in demand by the day for its attractive ROI.

 

Infrastructure Expansion

 

Take a walk through Chengalpattu’s streets and you’ll be quick to notice its meticulous urban planning in every corner. Multi-specialty hospitals, bank facilities, public schools and higher education institutions abound, with immaculately planned neighbourhoods for easy intra-city movement. This trend has birthed an uptick in RERA and DTCP Approved plots near Chengalpattu , further increasing its value and ROI potential.

 

Prime Real Estate in Chengalpattu

 

The foreseeable future for Chengalpattu’s residential prospects are plain and clear: investing in quality properties in the area makes for a stellar addition to one’s asset portfolio. Whether you’re looking for an independent villa, a cosy apartment or something else altogether, Chengalpattu is a great fit for all prospective homebuyers!

 



Popular posts from this blog

A Smart Investment at Salavakkam Neighbouring the 23 Acre IOCL Factory

 Are you looking to invest in real estate or build a new residential or commercial establishment? If so, have you considered Salavakkam Koot Road as your next investment destination? This location is not only rapidly growing but also offers a multitude of opportunities for potential buyers. Salavakkam Koot Road is an up and coming area located in the bustling city of Chennai. The 23-acre Indian Oil Corporation Limited (IOCL) factory located here generates government employment and attracts a large number of employees to the area. Let’s look at how this is driving real estate values in the region and why you should consider real estate investments in and around the Salavakkam Koot road. Impact of the IOCL Factory on Booming Real Estate Value The 23-acre Indian Oil Corporation Limited (IOCL) factory located in Salavakkam Koot Road, Chennai, is a key driver of employment opportunities in the area. As one of the largest oil refineries in the country, the IOCL factory employs a larg
Read more

affordable plots Chennai

AFFORDABLE PLOTS  CHENNAI      Finding affordable plots in Chennai, like in any major city, can be a challenging task as real estate prices tend to vary depending on the location, size, and amenities available. To help you in your search for affordable plots Chennai , here are some general tips and areas to consider: Expand Your Search : Consider looking in the suburbs and peripheral areas of Chennai. These areas often have more affordable land prices compared to the city center Research Localities: Chennai has various neighborhoods and localities, each with its own price range. Research different areas to identify which ones align with your budget Government Schemes : Look into government schemes and affordable housing initiatives that may offer plots at subsidized rates or with favorable financing options Auctions and Foreclosures : Occasionally, you may find  affordable plots Chennai  through property auctions or foreclosures. Keep an eye on such opportunities Infrastructure Develo
Read more

Budget Investment Plots near Chennai: Your Gateway to Smart Land Investment

  Introduction Investing in real estate has always been considered a prudent way to secure one's financial future. As urban centers expand and cities grow, the demand for land near major metropolitan areas increases. Chennai, a bustling metropolis on the southeastern coast of India, is no exception to this trend. This blog will guide you through the exciting prospect of budget investment plots near Chennai, highlighting the benefits, considerations, and key insights for making a smart land investment decision. 1. Location Advantage: Proximity to Chennai When considering real estate investments, location is paramount. The proximity of these budget investment plots to Chennai makes them an attractive option. Chennai's status as a major industrial, commercial, and cultural hub translates into promising growth prospects for the areas around it. With well-planned infrastructure and transportation networks, these plots offer excellent connectivity to the city center, making them appe
Read more