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Professionals Make a Beeline for Madipakkam Residences

Flanked by Velachery and OMR, Madipakkam is definitely a great place to settle down in Chennai that is ever expanding its municipal borders. Guess who are heading straight to Madipakkam for an address to call their own? Professionals from all corners of Chennai. It is no wonder that Madipakkam has grown into a commercial centre of sorts since the last decade.

A few years back, the region had only few houses in a block. Today the streets are teeming with multiple storey apartments of all sizes where occupants have already flocked in. Madipakkam rental properties are in hot demand owing to their quick connectivity to all parts of Chennai. Although big names of Indian real estate development are yet to set foot in Madipakkam, the region is already dotted with a good number of properties that represent lifestyle living.

St. Thomas Mount is the nodal railway station that provides MRTS connectivity across Chennai. A journey from Madipakkam to Chennai Central station can be covered in less than 45 minutes. The Velachery railway station is also in close vicinity for those who want to reach Central Chennai locations like Mylapore, Mandaveli, Triplicane, Santhome, etc.

Take the Velachery Inner Ring Road down the Alandur high court road and you can reach the Chennai International airport in less than half an hour. The Keelkattalai bus terminus offers bus connectivity to as far as Chengalpattu and Chennai Fort.

Madipakkam has come to be a second choice for all those who are unable to find housing in Velachery region. It is serving as the next region where shortage of housing facilities in Velachery is giving boost to the real estate sector. The real estate scene here is largely dominated by small scale builders who build affordable properties of 1 BHK to 2BHK properties in Madipakkam to serve the lower rung of customer base.

Affordable pricing, ample social amenities, health care facilities, professional coaching centres and places of worship are some of many features of this region. Madipakkam is definitely a splendid choice for any aspiring home buyer who wants to live in a place that represents Chennai’s true lifestyle and culture.

There used to be a time when Madipakkam was not an attractive real estate proposition due to its monsoon water clogging problems. Even the slightest drizzle used to leave the streets flooded till knees. But after the construction of the storm water drains and active lake restoration activities, the problem of flooding and rain water clogging is now almost eliminated. Today well paved streets with neatly marked dividers is the scene that Madipakkam carries across its map.

The average property prices in Madipakkam range from Rs. 4,000 to Rs. 5,000. 2 BHK flats in Madipakkam command Rs. 9,000 to Rs. 15,000 depending on the facilities and location. Further, landowners stand to gain more undivided share of land than properties located in OMR or distant parts of Chennai. With proposed metro water connection and improvisations in sewage connections the region is sure to get uplift in the eyes of owners and investors.

The Rising Glory of Noida

In the past, the average Indian mind always appraised the value of gold to be higher than any other form of investment. But with changing times, real estate property has become to be the top form of long-term investment for most Indian households. Not just a roof over the head, but a house that boasts of all modern amenities that will make family living comfortable and peaceful is what every average Indian now dreams of.

The Indian real estate industry is also rising up to the occasion with a myriad of projects ranging from affordable 1BHK budget apartments in Noida to premium luxury villas in NCR with upscale environment and modern amenities. Reputed developers like SuperTech and Amrapali are also developing premium and affordable residential projects that are making the skyline of Noida more prominent in the country.

The city of Noida was established under the Uttar Pradesh Industrial Development Act of 1976. The city since then has grown in industrial prowess becoming an important hub of manufacturing and industrial activity. Today, it has become more prominent as an IT hub and also a prime residential location located just 20 Kms away from South-East New Delhi.

That said, Noida seems to be ranked high on the desirability radar of most Indian households. The city, now ranked 17th in the national cleanliness index poses as the perfect living destination with ample domestic facilities. Noida residential properties also enjoy quick capital appreciation as the population of IT corporations and employees are on a steady increase.

What makes Noida appealing to the working class customers is the upcoming metro connection. The DMRC (Delhi Metro Rail Corporation) recently approved a metro route that will connect Greater Noida with Noida. The metro link will also make Botanical Garden and Khalindi Kunj easily accessible to the residents of Noida. The closely laid Yamuna Expressway is another infrastructural feat that boosts Noida’s transport facilities sky high.

Noida also eloquently addresses the prime concern of every family – quality educational facilities for their children. Highly respected academic institutions like the Delhi Public School, Vishwa Bharti Public School, Amity International, Kendriya Vidyalaya and Kothari International are all located within the close precincts of Noida providing world class education until high school.

The city is also home to the extension campus of IIM Lucknow. The Asian academy of Film and Television located in Film City, is also a beehive of activity attracting creative talent from all corners of the country and the world. Other high education institutions in Noida include Amity University, JSS Academy of Technical Education, Galgotias University (GU), Jaypee Institute of Information Technology and Jaipuria Institute of Management.

The citizens of Noida appreciate fun and frolic as a way of living. As a result, the numbers of movie plexes, fancy eateries, entertainment avenues and hangout joints have increased drastically in the past few years. The Jaipuria Mall, CentreStage Mall, Shopprix Mall, etc. are the hotspots where the local crowds head to catch a movie or to spend leisure time.

To conclude, Noida is a clean and vibrant city where all needs of a comfortable living will be met with abundance. The city is an ideal location for aspiring homeowners who want to have manifold capital appreciation for their initial investment.

The Meteoric Rise of Chennai’s Suburbs

Singara Chennai’s sub-urban real estate market seems to be growing at a meteoric rate. The growth rate seems to humble some of the nation’s high profile hotspots like Mumbai – Panvel, Delhi – NCR and Bangalore – Whitefield. Is it the budget class, compact and limited amenities apartment segment that is fuelling the growth? The answer is an astounding no! Luxury is the new standard of living that is making Chennai’s suburbs surge in market demand.

In the recent years, Chennai real estate market industry has witnessed a steady growth in the number of aspiring homeowners who wish to own 3+ BHK luxury villas and premium class apartments. And, the demand seems to be the highest in little known, but deserving neighborhoods of Chennai that are located little away from the city’s municipal limits.

Here are some of the localities that have won the hearts of the super rich strata of Chennai.

Thoraipakkam: Located just 14 Kms from the city limits, Thoraipakkam boasts of splendid connectivity and ample living conditions free of pollution and noise. The Thoraipakkam – Pallavaram stretch linked by OMR and GST roads provide quick transport connectivity all day long. Traffic moves at a swift pace and the growing number of retail stores and branded outlets give no reason for one to feel like living in a region isolated from urban facilities.

Perungudi: Once upon a time a marshland, Perungudi has now developed into a dream location for homeowners. Located at a stone’s throw away distance are the hospitals like Frontier Lifeline and Kamakshi all forms of emergency as well as specialist healthcare are within quick reach. AGS Cinemas and Mayajaal rake up the entertainment quotient of Perungudi as a perfect residential location. Most importantly, the near proximity to Taramani and the IT corridor is what makes Perungudi irresistible for IT/ITES employees.

Kottivakkam: Kottivakkam is shedding its shy image as a distant suburb of Chennai. For someone whose workplace is located in the IT hub of Shollinganallur, Kotivakkam is the nearest residential destination that promises quick reach and tranquil living. Want to make frequent business trips? No worry, as the Chennai International Airport at Meenambakkam is easily accessible via the Trichy Chennai Highway. The highway, which connects to GST road usually enjoys an easy go traffic density and also leads directly into the city’s prime locations.

Kanchipuram: Chennai’s immediate neighboring district is now promoted to be the happening place of some of the ambitious real estate projects in the country. For someone who is always craving for a quick escape from the urban jungle, the East Coast Road with its coastal vistas that runs up to Mahabalipuram and Pondicherry offers the perfect solace.

Nesapakkam: Looking for a location that gives identical living facilities like the posh KK Nagar? Nestled amidst Virugambakkam and Ramavaram is Nesapakkam – your perfect living destination which promises an equal or better ambiance for residential living than KK Nagar. Nesapakkam is plush with healthcare facilities, banks, high end salons & spas, ambient eateries and child friendly facilities that will elevate your domestic lifestyle to new heights.

Thoraipakkam, Perungudi, Kottivakkam, Kanchipuram, Nesapakkam – the options are abundant for Chennai’s denizens who want to enjoy the best of comfortable living with quick connectivity.