Vandalur- Kelambakkam stretch update
Chennai’s suburbs are experiencing an increased growth rate due to the scarcity of land and unaffordable prices in the interior of the city. One such suburb which is in its prime growth at present is the Vandalur– Kelambakkam road which is expected to have a significant development of infrastructure and social amenities.
The 18 km long stretch connects OMR road and GST national highway. This location makes people invest in the area surrounding this road mostly for the residential purpose.
Connectivity:
The stretch is connected to OMR and GST road. These roads connect it to the various places inside and outside the city. The stretch is 24 Km away from the airport. It is 44 km away from Chennai Egmore station and 46 km away from Chennai Central. It is 13 km away from the Vandalur LRT station which connects with Egmore, Central and Tambaram the most important railway terminus in Chennai.
Infrastructure:
Social infrastructure is well established. VIT, SRM, Tagore engineering college and several other schools are located in this region. Chettinad hospital is also located near Kelambakkam. The government at present is trying to set up a 30 acre bus terminus in Vandalur. Further the ORR which connects to GST is at its second phase and is expected to be completed soon.
Real estate:
The low capital values and the proximity to several IT companies and other manufacturing industries attract a voluminous demand for residential units in this area. The people who work in the IT industries in the OMR road and industries in Tambaram are the main inhabitants of this region.
Price Trends:
2 BHK flats with size of about 900 – 1100 sq.ft exerts a huge demand in this region. The price is ranged between 3,500 Rupees to 7,000 Rupees per sq.ft. The area is crowded with MIG people working in offices. The price tends to appreciate steadily in this region.
Reader’s take:
With well developed social infrastructure, proximity to several companies and well established connectivity to inside and outside Chennai Kelambakkam- Vandalur stretch is set to become a major growth corridor in Chennai. Investing here will be both profitable for business and affordable and money saving for making a livelihood.
