Neighborhood Information of SVP Malligai, Chennai

[ Ready to Move In ]

Near Animal Welfare Center, Alapakkam, Porur, Chennai-500056, Tamilnadu, INDIA.

SVP Malligai, Chennai [ Ready to Move In ]

Near Animal Welfare Center, Alapakkam, Porur, Chennai-500056, Tamilnadu, INDIA.

Project Photo

APARTMENTs

3 FLOORS
Price:
28.82L to 30L
Unit Details:
Less than 100 units
2 BHK
807 - 840 SQFT
Locality:
Possession:
Ready to move since Oct 2013

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Project Last Updated on : 21 Jul 2014

About Porur

 

Porur is a small town located on the south-west outskirts of Chennai. Despite being a key location on the Mount Poonamalle High Road, it was included in the city limits only in the year 2011. The locality is well-established and comprises of residential colonies along with some manufacturing industries and chemical plants. There are a couple of renowned educational institutes situated here, including Sri Ramachandra University and Meenakshi Ammal Dental College.

 

 

An interesting fact about Porur is that it is believed to have existed in ancient Pallava times, and the name ‘Porur’ means ‘place of warfare’, when translated from Tamil to English. The famous Shiva Temple here is believed to have been built by the Chola Kings. In the modern times, it houses one of the two Monopulse Secondary Radars in Chennai, which helps in communication between airplanes and airports.

 

Porur has its own lake too, which serves as a source of fresh water to the residents of the locality.

 

Porur is a small town located on the south-west outskirts of Chennai. Despite being a key location on the Mount Poonamalle High Road, it was included in the city limits only in the year 2011. The locality is well-established and comprises of residential colonies along with some manufacturing industries and chemical plants. There are a couple of renowned educational institutes situated here, including Sri Ramachandra University and Meenakshi Ammal Dental College.

 

 

An interesting fact about Porur is that it is believed to have existed in ancient Pallava times, and the name ‘Porur’ means ‘place of warfare’, when translated from Tamil to English. The famous Shiva Temple here is believed to have been built by the Chola Kings. In the modern times, it houses one of the two Monopulse Secondary Radars in Chennai, which helps in communication between airplanes and airports.

 

Porur has its own lake too, which serves as a source of fresh water to the residents of the locality.
 

Connectivity and Transit Points

Porur has some major road intersections of the city. The Mount Poonamalle High Road intersects with the Chennai Bypass Road and the Kodambakkam-Sriperumbudur Road, which later becomes Arcot Road as it enters the city.
 

While the locality caters to the interstate travelers due to its proximity to the NH4 or Chennai-Bangalore Highway, it caters the intercity travelers as the Chennai Bypass road conveniently connects Tambaran with Koyambedu. The Arcot Road leads travelers directly into the city through Kodambakkam.
 

While the locality boasts of a seamless road network, it is yet not braced by any railway or metro stations.
 

Some of the Major Landmarks near Porur are –

 

 

● Sri Ramachandra College and Research Institute

● Ramanatha Easwarar Temple (100-year-old Shiva Temple)

● Porur Evangelical Church

● Porur Junction
 

 

There are various factors responsible for the growth of Porur in the Past.
 

Since the locality wasn't a part of Chennai until 2011, it was not developed as a town. Prior to becoming a part of the Chennai Metropolitan Area in 2011, it used to be a village panchayat, which was then converted to a Town Panchayat in 1977. This change marked the growth of this locality, partly due to the expansion of Chennai, and partly due to it being strategically located on the crossing of some of the most important roads on the west bound of Chennai.
 

Other factors which triggered growth in Porur was its seamless connectivity to the network of highways that exit Chennai and the easy of travel from Porur to key localities in Central Chennai as well as the IT parks down south. Inconsiderable distance of 4 - 5 kilometers from the major IT parks such as DLF IT Park on Mount Poonamallee, has resulted in IT professionals preferring Porur as a residential location. Looking at the housing demand, several developers have started constructing multi-storey
 apartment buildings here and now most of these apartments are ready to move-in.
 

Residential Market Analysis
 

The residential market in Porur is booming as it aims to become the next mid to high range residential locality for those who are working in the IT corridors on the GST (Grand Southern Trunk Road), in Guindy.

 

More than half of the residential property that are ready for purchase are multi-storey apartments. Homebuyers can find several individual houses as well. Although a minority, plot layouts are also available for purchasing in Porur.
 

Purchasing a multi-storey apartment in Porur costs anywhere from Rs 5,000-5,800 per sq. ft., whereas purchasing an individual house costs around Rs 4,800 -5,700 per sq. ft. Plot layouts are priced at Rs 2,500-6,250 per sq. ft., depending on the location.

 

Major Challenges
 

Although the Porur Lake is still a good source of water supply, the future isn’t looking bright. They have seen that the Virugambakkam and Maduravoyal lakes have been completely encroached upon, and they fear that if no one takes up the responsibility to maintain the lake, then it will suffer the same fate. Luckily, the government plans to de-silt the lake and deepen it to increase its capacity by 70 million tmcft (thousand million cubic feet).
 

Another pressing challenge for the locality is the sewage problem. Again, fortunately the government has been planning to set up three more sewage plants in Chennai, and the biggest one with a capacity of 150 mld (million litres per day) will be built in Porur.
 

The unfinished flyover that started in 2010 is still held up because of a water pipeline that runs in the area. This causes a lot of traffic congestion at Porur Junction. The water pipe needs to be shifted, but this will cause a cut in water supply until it is fixed somewhere
else and Metrowater currently does not have the expertise to shift the pipe. Given the situation, the flyover’s foundation is being re-planned by the builders to bypass the water pipe.

 

Factors for Growth in the Future

Porur is one of the fastest growing suburbs in Chennai and is expected to grow faster in the coming years. It aims to become the next residential locality for IT professionals due to the number of IT parks and IT SEZs (Special Economic Zones) that are coming up in
Porur. The three IT SEZs that are expected to employ 1,00,000 employees are expected to convert Porur completely into an IT hub.
 

Also, once the flyover is completed, traffic will flow better, making Porur a more pleasant place to reside or work in.

 

As part of the 2014 revised plan for the Monorail Corridor-1, a monorail line will run from Poonamallee to Kathipara Junction, through Porur. This will be beneficial for fast and easy travel around the outskirts of Chennai. An additional monorail will branch off from Porur going towards Vadapalani Junction - this will take commuters to
the city.
 

 

SVP Malligai Nearby Services

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