South Chennai is a thriving place for real estate properties. The current status of this industry in Chennai shows that the demand for homes has gone up so high that builders are consistently looking at new proposals with respect to real estate townships and apartments.
As a result the value of the land in some of the major localities has reached soaring heights. Medavakkam and Vadalur are two excellent examples in this regard.
Medavakkam is a very fast developing suburb in South Chennai. This offers a good connectivity to Chennai Airport and other places like Madipakkam, Velachery and Tambaram. The plots for sale in Medavakkam are priced between Rs.1300 and Rs.4000 per sqft. The capital values of the properties here range between Rs 4,200-4,800 per sq ft. These rates however keep fluctuating depending on the deals with builders and the prices of the land area in that area on an average. Medavakkam is a good residential area and most preferred by working professionals because this is very near to the IT corridor in the OMR and also SEZ. Plots for sale in Medavakkam are good investment too as the properties constructed will yield a good value in future.
Another place that is best known for the famous Zoo is Vandalur. This is residential area with a lot of projects and plots available. Located very close to Tambaram, the place offers perfect connectivity to the city and also to outstations via bus and rail service. Plots for Sale in Vandalur are getting good responses because of the good civic and social infrastructure prevalent here. The prices go upto 70 to 80 lacs as well. The rates however depend from locality to locality. There are many educational institutions in this locality which again is an added advantage. With so many benefits, the plots for sale in Vandalur have gone up and there are many renowned builders looking at starting projects in this particular part of South Chennai.
As a result the value of the land in some of the major localities has reached soaring heights. Medavakkam and Vadalur are two excellent examples in this regard.
Medavakkam is a very fast developing suburb in South Chennai. This offers a good connectivity to Chennai Airport and other places like Madipakkam, Velachery and Tambaram. The plots for sale in Medavakkam are priced between Rs.1300 and Rs.4000 per sqft. The capital values of the properties here range between Rs 4,200-4,800 per sq ft. These rates however keep fluctuating depending on the deals with builders and the prices of the land area in that area on an average. Medavakkam is a good residential area and most preferred by working professionals because this is very near to the IT corridor in the OMR and also SEZ. Plots for sale in Medavakkam are good investment too as the properties constructed will yield a good value in future.
Another place that is best known for the famous Zoo is Vandalur. This is residential area with a lot of projects and plots available. Located very close to Tambaram, the place offers perfect connectivity to the city and also to outstations via bus and rail service. Plots for Sale in Vandalur are getting good responses because of the good civic and social infrastructure prevalent here. The prices go upto 70 to 80 lacs as well. The rates however depend from locality to locality. There are many educational institutions in this locality which again is an added advantage. With so many benefits, the plots for sale in Vandalur have gone up and there are many renowned builders looking at starting projects in this particular part of South Chennai.
No comments:
Post a Comment