GST road residential development

Q: Can you let me know about good locations along GST road from investment point of view..?

Rama Naidu, Chennai

13th May 2013

Investment Advice in Chennai

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Replies (7)

What is the future prospect of Grand Southern Trunk (GST) Road? Is it advisable to buy a property there?

Sameer Pawadia, Chennai

5th January 2017

Comment

Yes, of course, connectivity plays the important role in the development of the area. On GST Road, three rail over bridge have been inaugurated in the pst five years and two more bridges are under construction. Moreover, the National Highways Authority of India is thinking of converting GST Road from Perungalathur to Chengalpetan an eight-way lane by building an elevated corridor.

Aneek Das,

5th January 2017

Thanks Aneek for your prompt reply... It will be great if you can share your review about Grand Northern Trunk (GNT) .

Sameer Pawadia, Chennai

5th January 2017

GNT Road lacks road infrastructure projects. The area has seen a very little impact because of the IT hub at Ambattur, unlike the information technology corridor of OMR, which triggered real estate projects in the neighborhood.

Aneek Das,

5th January 2017

Which area is best in GST in the budget range of 60 to 80 lakh. I am planning to buy the residential project in GST road which is more suitable for me, so please suggest preferred destination?

Kiran Kumar, Chennai

21st September 2015

Comment

@ Kiran
If you are looking for a property in Chennai within the said budget, localities that fall close to the city, i.e. Alandur, Nanganallur, Pallavaram, Chromepet and Tambaram, can be preferred. They are well-developed in terms of social and physical infrastructure and are well-connected to the rest of the city. Multi-storey apartments form the major chunk of supply in these localities.

Chandan Thanki, Ahmedabad

22nd September 2015

What is the status of GST road in terms of growth potential and which area is showing maximum capital appreciation?

Ram Gopal, Chennai

21st September 2015

Comment

The Grand Southern Trunk (GST) Road are fast developing with the surplus of residential housing options for end users and investors. The localities here are witnessing many new launches across various budget categories

Manisha Soori, Gurgaon

21st September 2015

Hi As per my observation I think end-users or investors with a low budget can prefer outskirt areas along the road such as Urapakkam, Guduvancheri, Potheri, Maraimalai Nagar, Singaperumal Koil and Chengalpattu. Plots form the major chunk of supply in these localities. The areas are still developing in terms of social and physical infrastructure. Investors can earn modest rent if they buy properties close to the industrial area or IT companies.

Gaurav Malik, Noida

21st September 2015

Hi Nice update but I would like to add few line, GST Road not only has presence of commercial and residential zones along its stretch but also connects the Chennai International Airport, giving it an edge over OMR and ECR.

Anuradha Jain, Noida

21st September 2015

Thanx Ravi..no..i am looking randomly for any project with decent price and reputed builder.Please suggest me few so that i can conclude my decision.

Rama Naidu, Chennai

17th May 2013

Comment

Pallavaram has witnessed development of higher-mid segment projects priced between Rs 5,200 per sq ft to Rs 6000 per sq ft which depends on the location, builder and specifications. Are you looking for any particular project..?

Ravi Kumar, Chennai

17th May 2013

Comment