Srikaram Shubhadhi

By: Srikaram Infratech Private Limited in Kelambakkam

Project Highlights:

• Ready to Move

About Project:

Srikaram Shubhadhi is a consistent amalgamation of extravagance, solace, and style mix to give away really modern outlook towards life. Srikaram Shubhadhi offers 2 BHK and 3 BHK apartments at one of the prime locality in Chennai. These residential apartments in Chennai are wonderfully crafted bearing in mind all your needs.

Srikaram Shubhadhi is strategically located at Kelambakkam to give unmatched availability from all the vital areas and places of basic utilities such as hospitals,schools,supermarts, parks,recreational centers and so on.

Srikaram Shubhadhi in Kelambakkam is constructed by Srikaram Infratech Private Limited, a customer friendly construction firm that always focuses towards delivering the best to its customers. Srikaram Infratech Private Limited has gained the name and fame in constructing marvelous Apartments in Chennai with the use of high-class building material that enhances the looks of the property along with increasing its life span.

With proper ventilation and uncluttered wide space, Srikaram Shubhadhi makes you feel blissful right from the moment you enter in your beautiful apartments at Kelambakkam. Srikaram Shubhadhi is one such property in Kelambakkam, Chennai where luxury comes with affordability and the inhabitants enjoy the perks of living in one of the best localities of town. The apartments in Srikaram Shubhadhi are deliberately constructed so as to provide easy access and transportation to other parts of the city by wide roads.

The amenities in Srikaram Shubhadhi will definitely make your life pleasant. Some of the amenities installed within this property are 24Hrs Backup Electricity, Amphitheater, Gym, Indoor Games, Landscaped Garden, Party Area, Play Area, Rain Water Harvesting, Security Personnel and Swimming Pool.

Address:

Opposite Jaganathan CBSE School,

Kelambakkam, OMR Road,

Chennai, Tamil Nadu

Advantage Of Project Location:

• Close proximity to OMR Road 5 Km
• SSN Engg College located in 3 Km
• It is well connected to ECR Road in 7 Km
• Chettinad Health City located in 4 Km
• This is close proximity to Kelambakkam Jn in 4 Km
• Thiruporur Murugan Temple is located in 6 km
• Vandalur Railway station is 25 Km
• The proposed 6 lane OMR Road from Kelambakkam to Mahabalipuram

Locality Price Trend:

Kelambakkam one of the prominent localities in Chennai. The price trends of Kelambakkam has been witnessing various ups and downs. The price per sq. ft. was at Rs.3606 in Q3-2019 quarter and then appreciated to Rs.3710 per sq. ft. in the quarter of Q4-2019. In the Q1-2020 quarter, the locality price has been depreciated to Rs.3673. In the Q2-2020, the locality price depreciated to Rs.3636.

The area is not witnessing correct demand and supply scenario at present. Though its proximity to various prime localities adds to the advantage of being a prominent locality and the rates of the property might catch up soon.

Situated on Old Mahabalipuram Road (OMR), Kelambakkam is a locality flanked by the Kovalam beach on its east. With Vandalur-Kelambakkam Road lying perpendicular to OMR, Kelambakkam is blessed with good connectivity, making it accessible to the rest of Chennai. The SIPCOT IT Park, one of Asia’s largest, is situated along the OMR, just 3km from the area. This Park includes several well-known companies like TCS, Syntel, Cognizant Technology Solutions, Apollo, and Hexaware Technologies, to name a few. It also enjoys proximity to places of worship such as the old church of St. Mary and Tiruporur Murugan Temple, making it a popular locality in the city.

Kelambakkam is well equipped with great social infrastructure. Noteworthy educational institutions situated here are St Marys Mat Secondary School, Prof. Dhanapalan College of Arts & Science, Bhuvana Krishnan School, and Hindustan University, well within 3km from the region. Chettinad Health City and Jain Hospital are the two closest healthcare centres, providing best medical services to the area’s residents. Many banks, restaurants, and shopping stores dot the streets of Kelambakkam, too.

Key Projects in Kelambakkam : 

Connectivity and Transit Points

Kelambakkam is well connected by a number of major roads. Kelambakkam-Kovalam Road, Vandalur-Kelambakkam Road, OMR/Rajiv Gandhi IT Expressway, and 60 Feet Veeranam High Road connect Kelambakkam to the other important regions of Chennai.

Chettinad Health City and Hindustan College bus stops fall within a 3km radius of the area. Tambaram Railway Station, Chromepet Railway Station, and Potheri Railway Station are the major rail transit points. Chennai International Airport lies at a distance of around 34 km, and can be reached within an hour via the OMR/SH-49A.

Major Landmarks

●       Christ The Redeemer Church

●       Kelambakkam Post Office

●       Jain Hospital

●       Chettinad Health City

●       Prof.Dhanapalan College Of Arts & Science

●       Sai Baba Temple

●       Kelambakkam Bus Station

●       OMR/Rajiv Gandhi It Expy

Factors for Growth in the Past

Kelambakkam witnessed growth primarily due to the development of the OMR and Vandalur-Kelambakkam Road. In addition, abundant land availability caused several residential and commercial pockets to expand rapidly in the region. Its proximity to SIPCOT IT Park further attracted the office workers who began relocating from adjacent localities to this area.

Another added advantage was the reasonable property prices. Excellent connectivity via roads and railways ushered real estate development and helped Kelambakkam flourish.

Residential and Commercial Market

Residential Market Trends

Apartments, layouts, and plots are dominant property types in the area. The average sale price for multi-storey apartments in Kelambakkam is Rs 3,350 per sq. ft., and for builder floor apartments it is Rs 3,450 per sq. ft. On the other hand, the average cost for a residential plot in Kelambakkamis Rs 12,550 per sq. yd.

Commercial Market Trends

The price for commercial spaces are extremely reasonable in Kelambakkam. Average price for offices in this locality is Rs 7,300 per sq. ft. and for commercial plots is Rs 2,250 per sq. ft.

Major Challenges

Although Kelambakkam is well developed, a few issues need immediate addressing. For instance, the production in the salt pan has come down drastically, thanks to the raw untreated sewage let out into the south Buckingham Canal. Over the last few years, salt production in localities such as Kelambakkam, Thiruvidanthai, Thaiyur, and Kalavakkam has significantly reduced.

Approximately 3,500 acres of land has been leased out by the Central and State governments to salt manufacturers. As the water in the canal is polluted, salt manufacturers have been forced to extract sub-soil brine from the ground. Although the density of brine is much more than seawater, the output is not much. The salt manufacturers have raised a request to the authorities to prevent sewage inflow into the canal, but Public Works Department and Metrowater have turned a deaf ear to their requests. This contaminated water has caused many to get skin ailments.

Factors for Growth in the Future

With the concentration of residential projects by Artha Property, Prabhavathi Builders, Green Home, and JHL Global Pvt Ltd, Kelambakkam will soon brim with real estate activity. Chennai One World, Prabhavati Cascade, Villa Green, Vijay Raja Spruce, Purva Swanlake, and Vishwakarma In Town are few upcoming residential projects in the area.

There are plans to widen Old Mahabalipuram Road, as well. This road will be transformed into a six-lane stretch between Siruseri and Poonjeri, and connect to East-Coast Road. The current four-lane road will have two bypasses at Kelambakkam and Thiruporur.