Akshaya Nagar

By: ABI Estates in Kolapakkam

The most awaited Residential plot Akshaya Nagar in one of the main locations is ready to be acquired. These plots at Kolapakkam, Chennai offer the best option to spend in government approved plots in the economical prices you cannot even think of. Every plot presents a built- up area of 1013- 2400 Sqft. Akshaya Nagar comes with an affordable price range of 28.36 lakhs - 67.2 lakhs. Some of the major highlights of the plots are that all major banks and their ATM in its proximity, schools, hospitals, colleges and supermarkets in its close vicinity.

Overview
Kolapakkam is a residential locality situated in south-western parts of Chennai. It is a village panchayat located in the Cuddalore district of Tamil Nadu. It is situated on the bank of the river Adyar. The locality was approved by the Chennai Metropolitan Development Authority in 2000. Chennai is the state capital of Kolapakkam village. It is located around 21.5 km away from Kolapakkam. The other nearest state capital from Kolapakkam is Bengaluru which is about 332 km away. It comes under the jurisdiction of Chennai Metropolitan Development Authority. Other prominent localities situated close to Kolapakkam are Mugalivakkam, Manapakkam, Mangadu, Pammal, Meenambakkam, Iyyappanthangal, Gerugambakkam, Poonamallee, Porur, Nangainallur among others. It is 20.9 km away from state capital Chennai. It has close proximity to Chennai International Airport. Gerugambakkam Main Road and Pallavaram Road are the two major arterial roads passing through the localities and further connects the locality with Kundrathur Main Road (SH 113) and Chennai Bypass Road (NH 32). The locality has a famous “Forest Genetic Resources Tree Park” at Kolapakkam, adjoining the Arignar Anna Zoological Park located at Vandalur, Chennai. Some of the premier residential projects in Kolapakkam are S I S Sintra, TVS Emerald Green Acres, Ace Centra, VGN Orville, Casagrand Vivant among others.

Connectivity
Gerugambakkam Main Road and Pallavaram Road are the two major arterial roads passing through the localities and further connects the locality with Kundrathur Main Road (SH 113) and Chennai Bypass Road (NH 32).

It enjoys excellent connectivity to Chennai International Airport which is about 8.6 km away via Pallavaram Road.

Pallavaram, Tirusulam, Meenambakkam are the nearby railway stations to Kolapakkam. However, Pallavaram is the nearest railway station to Kolapakkam which is about 6.7 km via Pallavaram Road.

The Airport Metro Station and Meenambakkam Metro Station of Chennai Metro Rail are nearby metro stations to Kolapakkam.

Factors for past growth
Its proximity to Chennai International Airport along with city’s major IT Hubs such as DLF IT Park, Lords Tower, ESPEE IT Park, Commerzone, Ascendas IT Park, Prince Info Park etc. have been a plus point for Kolapakkam, driving residential demand and development in the region. A fair number of workforce work in nearby IT Hubs wanted to have their residences close to their workplace. As a result Apartments for sale in Kolapakkam finds proposed buyers due to its proximity to the IT corridor and other industries.
 

Factors for future growth
Millions of employees are expected to work in SEZs near to Porur. With this fast development and social infrastructure in place, Kolapakkam has the potential to grow and witness more rental demand in the future.

Employment hubs near Kolapakkam
Commerzone, Porur
DLF IT Park
ESPEE IT Park
Ascendas IT Park
Ramanujan IT City

Proposed & Planned Infrastructure
The proposed new terminal for Chennai International Airport.

Infra development (Social & Physical)
One of the major reasons for Kolapakkam to become a residential attraction is the infrastructure. Kolapakkam offers very good social infrastructure for its residents. Annai Theresa Matric School, Government Secondary School, Kalyani Paati Play School, Mindmap Academy, Velammal Bodhi Campus CBSE School, Rainbow Play School are some of the nearby schools to Kolapakkam.

Healthcare facilities are also good in the locality. Some of the leading hospitals in and around Kolapakkam are Kanaga Hospital, Annai Grace Hospital, Kedar Hospital, Parvathy Hospital, ANN Hospital, Vignesh Hospital, MIOT International, Madha Medical College & Hospital among others.

The shopping needs of the residents are catered by nearby malls such as Forum Vijaya Mall, Mohana Complex, Chandra Metro Mall, Kiruba Bag Mall, Swetha Shoppee, Greens Supermarket to name a few.