Factors That Make Chennai's Chengalpattu An Emerging Real Estate Destination
Chennaites as well as homebuyers from all parts of India see Chengalpattu or Chingleput as a dream locality. A suburb situated 55 kilometres southwest of Chennai, Chengalpattu is becoming popular among home buyers and real estate investors, largely because of its picturesque environs, and especially because of the classic Kolavai Lake. Spread over an area of 6 sq km, Chengalpattu is the second largest town in the district of Kanchipuram. This locality also exudes the image of a well-developed metropolitan township. It has excellent public transportation and social infrastructure and there are modern industries in and around the area.
PropGuide lists the factors that make Chengalpattu an emerging Chennai real estate destination.
Strong connectivity
The nearest Chennai Airport is just an hour's drive away. Chengalpattu is the primary railway junction for all south-bound trains. MTC Bus Services that ply several routes serve Chengalpattu.
Affordable housing options
In spite of prices of apartments in Chengalpattu rising by 14.7 per cent, premium property in Chengalpattu is available at a reasonable price of Rs 2,801 per sq ft.
Good social infrastructure
The area has many good educational institutions, hospitals and banks.
Educational institutions: Seventh Day Adventist Higher Secondary School, Saint Joseph's Higher Secondary School, Brindavan Public School, Chaturveda Vidya Ganapathi Vedashram, Little Jacky Matriculation Higher Secondary School and Sri Ramakrishna Mission Boys Higher Secondary School.
Healthcare centres: Beent Hospital, Venkatramana Hospital, JSP Hospital, Balaji Hospital and Medical College Hospital.
Bank branches: Canara Bank, HDFC Bank, Axis Bank, IDBI Bank, Overseas Bank and Muthoot Finance.
Hotspot for key industries
Prestigious companies from diverse industries have established their production plants in this neighbourhood. Tech Mahindra, Wipro, BMW, Ford, Flextronics, Foxconn, Dell, Samsung, Infosys, Pepsi, TVS, Siemens, Nissan Renault, Apollo Tyres and Mahindra R&D have operations here.
Gateway to an urban lifestyle
Upcoming properties in Chengalpattu reflect contemporary modes of construction, making for a comfortable high-end living experience. Here are some prominent housing projects in this locality:
DRA Pristine Pavilion Phase 3: The latest residential project of the DRA Group, the project is located at Singaperumal Koil. It has 177 units of 2 and 3 BHK apartments with sizes ranging from 898 sq ft to 1,298 sq ft. Located in a bustling commercial area, this project promises a good lifestyle.
Mahindra Lifespaces Nova: A 7.3-acre integrated township at Singaperumal Koil, the property offers a mix of ready-to-move and pre-launch units of 1 and 2 BHK homes. Apartment sizes range from 589 sq ft to 836 sq ft. The project is close to an IT hub and is in an area where there is good rail and road connectivity.
Arun Saindhavi: Arun Excello Homes is a renowned real estate firm in the city. The project is spread over and area of 2.25 acre. The project has spacious 1 and 2 BHK apartments of sizes that range from 590 sq ft to 1,055 sq ft. Apartment units are available at Rs 2,535 per sq ft.