Overview
Alwarpet placed in Central Chennai is among the emerging real estate destinations in Chennai. This locality comes under the jurisdiction of Greater Chennai Corporation. It is largely a residential locality and has a number of commercial establishments mostly on the TTK Road. The area’s close proximity to Chennai Central Railway station and Chennai Airport ensures that the residents of this locality can commute easily. The upmarket lifestyle amenities available in the area also aid the residents. Some of the prominent localities situated close to it are SBI Colony, Mylapore, T Nagar, Adyar, Mandavelipuram, Royapettah, Nungambakkam among others. The social infrastructure of Alwarpet is strong with the presence of many schools, hospitals, and other amenities. Alwarpet is the 3rd most expensive locality in Chennai after Boat Club and Raja Annamalaipuram. TTK road is the only major road which passing through the center of the locality. It is also the commercial hub of Alwarpet, faces heavy traffic congestion in the peak hours. The locality of Alwarpet is surrounding by Pasumpon MuthuramalingaThevar Road, Cenotaph Road, Mount Road, Eidams Road, Luz Church Road, and Canal Bank Roads which further links the locality with Cathedral Road and Mount Road. Some of the key residential projects in Alwarpet are Vishranthi Apartment, Sterling Swapnalok, Olympia The Goodwood Residence, GL Jeypore Palace, Abinaya Pudupet, Abinaya Pudupet V Phase Ll among others.
Connectivity
It is centrally located and offers good connectivity to all parts of the city via MTC buses (Metropolitan Transport Corporation) and MRTS (Mass Rapid Transit System) in the nearby localities of Mylapore and Mandaveli.
It enjoys excellent connectivity to Chennai International Airport which is about 14.4 km via Chennai-Nagapattinam Highway/Chennai-Trichy Highway.
The Thirumayilai MRTS and Mandaveli MRTS are the two railway stations closest to Alwarpet connecting the locality to places like Central, Velachery and Tidel Park.
The CP Ramaswamy Iyer Flyover connecting TTK Road to CP Ramaswamy Road has eased traffic congestion in the peak hours.
AG-DMS and Little Mount of Chennai Metro Rail are nearby metro stations to Alwarpet.
Factors for past growth
It's proximity to Chennai International Airport along with major IT Hubs of the city such as SV IT Park, ESPEE IT Park, Bristol IT Park, DLF IT Park etc have been a plus point for Alwarpet. People who have come to the city for employment within the city are on the lookout for residential places. House for rent in Alwarpet finds proposed tenants due to its proximity to the IT corridor and other industries.
Factors for future growth
The upcoming phase of the Chennai Metro Rail project will boost the realty market of Alwarpet and those who have invested in property in this area can expect good returns on their investment.
Employment hubs near Alwarpet
Bascon Futura SV IT Park
ESPEE IT Park
Bristol IT Park
DLF IT Park
Ramanujan IT City
Ascendas IT Park
Infra Development (Social & Physical)
Alwarpet offers very good social infrastructure for its residents. TIME Kids Preschool, Kheal Play School & Creche, Boston International School, Chennai Higher Secondary School, St. Francis Xavier Matriculation High School, KIdzee Teynampet, Corporation Primary School, Vruksha Montessori School Cambridge, Vriksha School are some of the leading schools in Alwarpet.
Healthcare facilities are also good in the locality. Some of the leading hospitals in Alwarpet include Girishwari Hospital, Apollo Spectra Hospital, St. Isabel’s Hospital, Be Well Hospital, Billroth Hospital, BSS Hospital, B.R.S. Hospital among others.
The shopping needs of the residents are catered by the nearby malls such as MyFric, S Mall, Laces & Frills, Gramiyaa Alwarpet, Luz Corner Shopping Center, Ramee Mall, Maya’s Plaza, Challa Mall to name a few.
