Why You Should Invest In Chennai's Kelambakkam
Upcoming infrastructural development such as the Metro rail project and the construction of flyovers has bolstered the Chennai real estate market, especially the residential segment. Many localities in the city are benefiting from these projects. One such locality is Kelambakkam, nestled on the Old Mamallapuram Road. The area is gaining popularity owing to new launches in the affordable segment.
What else makes Kelambakkam a property hot spot?
The IT corridor
Kelambakkam is positioned close to Asia's largest information technology (IT) Park, SIPCOT IT Park. The area houses corporate offices of several IT giants such as Cognizant, Wipro, Infosys and TCS.
The tourist hotspot
Presence of the Kovalam beach, an old church at St. Mary as well as the Thiruvidanthai Nithya Kalyana Perumal temple and the Tiruporur Murugan Temple add to the real estate value of Kelambakkam micro-market. The renowned Saibaba Temple is also situated in the vicinity.
A popular health centre
Chettinad Health City at Kelambakkam provides the finest healthcare services. It comprises a hospital as well as a nursing college named Chettinad Hospital and Research Institute (CHRI) under the Chettinad University. Praveena Hospital is another well-known hospital offering outpatient services in the neighbourhood.
Quality social infrastructure
Kelambakkam offers a gamut of social infrastructural facilities.
Seamless connectivity
The State Highway 121 and the Kelambakkam-Kovalam Road provide easy access from Kelambakkam to other localities. The area is also well connected through a bus network. The nearest railway station from the area is at 36 kilometres. Popular locations of Chennai such as Velachery, Selaiyur, Madipakkam, Sholinganallur and Thiruporur are well-connected to Kelambakkam. The extension of the Old Mamallapuram Road has been proposed which will further enhance the connectivity of the region. Development of an elevated expressway is underway that will extend up to Madhya Kailash to Mahabalipuram. Kelambakkam will have a station on an upcoming railway line connecting Chennai to Pondicherry.
Upcoming projects
Puravankara Purva Swanlake: Sprawling over 10.5 acres, the project comprises 729 units of 2 and 3 BHK apartments in Kelambakkam, ranging between 1,272 sq ft and 1,805 sq ft. Developed by the prestigious Purvankara Group, the project is accompanied by lavish amenities.
Akshaya Today: An excellent residential complex of area 20.7 acres, the project presents 1,612 units of spacious 1, 2 and 3 BHK homes of sizes between 612 sq ft to 1,335 sq ft.
Alliance Humming Gardens: A sprawling under-construction project of 30 acres, Humming Gardens offers 291 units of 2, 3 and 4 BHK villas in Kelambakkam of sizes varying from 909 sq ft to 1,982 sq ft. It is an integrated township with exclusive amenities and best social and civic infrastructure in the vicinity.