CMDA approved Plots Sale at Tambaram
Ready to Built Plots Ranging from 1200Sqft to 3600sqft for sale at Tambaram West, Chennai Near 200 Feet Inner Ring Road.
The layout is Developed by Chennai Housing Development Society which is a Reputed Concern at Chennai. The Society have developed huge number of projects at Chennai and suburb.
Excellent Locality of Middle portion between 200 feet inner ring road and 400 feet outer ring Road is greatest Highlight of this area. Connectivity to all the portion of Chennai Region is possible only through this area of Tambaram West. Highest appreciation is possible from West Tambaram due to the mixed population.
Chennai is one of the most fantastic metropolitan cities in India. It is a major trade center. It is the capital city of Tamil Nadu. It was formerly called as Madras. Madras is a culturally rich city being a major centre for art, music and culture in India. Chennai presents a nice blend of traditional Tamil Hindu culture and western influence. The city is well connected by road, rail and air transport and can be seen as the least congested and polluted metros of India.
The growing Globalization of the city and opening up of large number of job avenues has made it an important career destination. There has been a lot of residential and commercial movement related to Property in Chennai in last few years. This growth could be attributed to real estate saturation in Delhi and Mumbai and the resulting increase in IT-ITes industries and residential developments in the city.
Chennai being the port city attracts leading Multinational manufacturing companies and MNC real estate developers. The presence of the port extends an exceptional advantage to the city while bolstering some of the important developments taking place. The simultaneous residential and commercial developments in the city have resulted in wholesome growth of the city:
The property developers like Bestsquarefeet.com and others are planning to bring in a number of real estate projects to develop residential housing.
o Bestsquarefeet has recently launched 'Sri Ragavendra Housing Development - CMDA approved Layout, one of the largest residential projects in South Chennai. Sri Ragavendra Nagar is a Huge CMDA approved Layout with 60 acres of land housing more than 500 ultra modern independent houses are expected soon here. The proposals are expected to start in March 2014.
o Another city based builder, Sri Ragavendra Construction is coming up with Chennai's costliest Independent Villa project, 'The Fantastic Village' where each Independent House would cost at least Rs. 75 Lacs. It is meant to be a limited edition super luxury residential Gated community complex that will be studded with diamonds and precious tones and pearls. This Residential project aims at providing unique, stylish and luxurious housing while delivering value for money.
On the other hand, the easy availability of good talent from both within and outside the city encourages IT leaders to establish operations in Chennai.
o This is why companies like Nokia, Dell, etc. have come up with their campuses in regions like Sriperumbudur in Chennai.
o Other industries related to automobiles, chemical, manufacturing, etc. are also opening their operation units and setting up their businesses in this metro city.
The commercial boom and residential growth in Chennai has flourished huge investments into it. It is, thus, counted among excellent investment options with Number of properties in Old Mahabalipuram, Abhiramapuram, Tambaram, East Coast Road and Thilluvar topping the charts. T.Nagar, Mylapore, Adayar, etc. in Southern and Ashok Nagar, Manapakkam, areas of Koyambedu such as Mogappair in Central Chennai generate maximum demand. All these places are popular for their proximity to schools, hospitals and industrial areas. Other sought after areas include Kancheepuram, Thiruvallur, Padapai, GST Road and Tindivinam. An increase of 5% in real estate property is expected but prices will remain stable for most of it.
Old Mahabalipuram Road - OMR: OMR has become an important IT centre of the city and is, therefore, witnessing a lot of real estate activities. Mega residential townships are being developed offering clean water, unpolluted environs and peaceful living.
E.C.R, East Coast Road: This area is one of the most preferred residential area as it offers magnetic scenic beauty.
The Chennai retail industry is also Drastically growing with number of shopping complexes, malls, etc mushrooming in the city. The areas of Anna Salai, N.M. Road, Vadapalani, P.H.Road, OMR, C-IN-C Road, Velacheri and N.H.Road are seeing development in the retail sector.
The infrastructure of Chennai property market needs a little more attention to make it one of the most happening places of India.