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  • Kotturpuram offers cheaper properties than its surrounding localities.

Kotturpuram offers cheaper properties than its surrounding localities.

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Locality analysisChennai is a brew of residential and commercial real estate development which complements with the accelerating pace of infrastructural developments. With suburbs sprouting residential projects in a never seen amount as before due to the growing demand. Chennai has most coveted locations where people want to settle in. One such neighbourhood is Adyar which offers people with an environment for a peaceful and a settled life. But affording something in Adyar isn’t possible for everyone due to many restraining factors starting from finance to demand factors. Kotturpuram is located close to Adyar and has a similar neighbourhood with a cheaper prices for the properties compared to Adyar and could act as a substitute to Adyar.
Connectivity:
The Sadar Vallabhai Road borders the locality which then join the OMR making the starting of the OMR. Local train also provides access to the locality. It has a LRTS substation inside the locality. The airport is 12 Km away from it. The OMR road allows access to the residents inside and outside the city.

Social Infrastructure:
DAV Senior Secondary School, Unity Public School, Eurokids, A.M.M. School and Anna Gem are some of the schools located in the locality.  Apart from schools there are few theaters, banks, hospitals which are in favour for the residents of the locality and their smooth and comfortable life. There are few restaurants and numerous ATMs scattered around the locality.
Real estate:
With the location near to the Adyar, well developed infrastructure and cheaper prices, the locality attracts demand naturally. The locality is further surrounded by IT Hubs such as SIPCOT industrial estate and Tidel IT Park. The infrastructure, both physical and social, the location of the locality, the connectivity and the development phase all result in huge demand for this locality.

Price trend:
It has price difference of about Rs. 3,000 per sq.ft compared to Adyar. The current price per sq.ft. of properties on average are around Rs 8,000 – 11,500. A person with a budget of about 80 lakhs can easily afford a property here. The rental rates for a 2 BHK is around Rs 18,000 – 22,000. This locality should be anyone’s pick who is looking for a cheap lifestyle around the industrial estate and IT hubs near OMR.

Tags : Affordable Apartments in Chennai Apartments for sale in Kotturpuram commercial real estate development LRTS Properties for sale in Kotturpuram Properties for sale in OMR road property in chennai real estate in Chennai Sadar Vallabhai Road

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