Are you looking for a residential area that offers great connectivity to nearby locations? There is one place in the suburbs of Chennai, which proves to be an ideal destination for buying your dream home. Read on to know about Poonamallee and its location benefits.
Coming under the Thiruvallur district, Poonamallee is a suburb in South Chennai, which is known for its rich cultural heritage. Great connectivity, infrastructural development, and proximity to the major IT companies make it one of the fastest developing realty locations in Chennai. As a matter of fact, the suburb is witnessing an upsurge in the demand for residential property.
The suburb is emerging as one of the preferred realty destinations in the Indian state of Tamil Nadu. Connectivity is the major factor that is always considered by home buyers. Poonamallee is surrounded with major infrastructural facilities and has all the location advantages, including:
ü Well-connected to NH-4
ü 13 km from Chennai Mofussil Bus Terminus on Chennai Bypass
ü 11 km from Guindy
ü 23 km from Fort St. George
ü 9 km from railway station in Avadi
ü Proximity to reputed schools like Arignar Anna Govt Higher Secondary School and Sathya Matriculation School
ü Proximity to the IT hubs such as Larsen & Toubro InfoTech and DLF
According to the Director of KG Foundation, a real estate company, exorbitant prices in nearby locations such as Porur and Anna Nagar have resulted in a significant shift in the demand for residential property towards Poonamallee. Thus, apart from location advantages, buying a property in the town also offers affordability. However, with infrastructural development and revised guideline values, the price of property in the suburb is expected to appreciate with time. But, despite this, the town remains to be a hot property location in Chennai.
The burgeoning demand for residential complexes in the town has given a huge opportunity to the builders to come up with several projects that offer style, design and affordability to their customers. As a result, there are a plethora of residential buildings in the area offered by reputed developers such as MS Foundations, Apollo Homes, Godrej Properties, Romaa Group, and Muktha Foundations.
Take a look at some of the existing and upcoming residential projects in Poonamallee:
- Golden Opulence
- KG Centre Point
- Godrej Palm Grove
- Apollo Homes Residential Land
- Romaa Paradise
These residential complexes offer flats in a wide range of sizes to cater to the demand of different customers. Godrej Palm Grove offers 2 BHK flats in Poonamallee at an attractive price range of INR 45.37 Lac (s) to INR 46.36 Lac (s). KG Centre Point in Chennai West offers 1BHK and 3BHK apartments at a price starting from INR 16.47 Lac (s) up to INR 47.35 Lac (s) (All prices as on June 27, 2013). Other popular projects like Golden Opulence is expected to offer possession by the end of the year 2014 and offers 2 and 3BHK apartments. The major attraction of all these residential realty projects is the lifestyle amenities and features such as Sports facility, Swimming pool, Gymnasium, Children’s play area, and Club house.
Real estate investment is no doubt, one of the most lucrative options in India. This benefit increases much more when the property is purchased in a hot realty destination like Poonamallee. So, it is the time to get pampered with the best infrastructural facilities and modern amenities offered by the residential projects in Poonamallee. With proximity to the heart of the Chennai city, buying a house in the location is a decision that you will never regret in your life!