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!

 



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