Affordable housing demand Chennai's Kolathur

Q: Kolathur, a residential locality in North Chennai is witnessing a rise. Kindly discuss this news.

Javed, Chennai

11th December 2013

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Replies (2)

Hey also the demand for properties ranging between Rs 20-40 lakh was approximately. Since Kolathur is surrounded by various IT Parks and companies such as Tata Consultancy, HCL, Ambit IT Park and India Land IT Park, the demand is majorly driven by professionals working in these companies.

Gurmeet,

12th December 2013

Comment

The accessibility to work places such as Ambattur industrial belt and commercial establishments in Anna Nagar has attracted mid-income buyers to the area. Mostly professionals earning between Rs 50,000 to Rs 1 lakh per month are looking for properties here.

Balwinder Singh,

12th December 2013

Mostly professionals earning between Rs 50,000 to Rs 1 lakh per month are looking for properties here as the locality is very good.

Vivek Kulkarni,

12th December 2013

I think it is right time to buy to a property here. As the prices are going up every week..so I would suggest you If you have plans to buy a property here you can get good returns in future.

Balwinder Singh,

12th December 2013

@Javed : The strategic location of Kolathur is attracting people to the area. Kolathur enjoys proximity to the Grand Southern Trunk Road (GST) and Chennai Bypass Road that further connects it to other parts of the city.

Vivek Kulkarni,

12th December 2013

Comment

Hey heard that GST Road further connects the locality to the Chennai International Airport and Chennai Central railway station. The Inner Ring Road also passes through Kolathur and making it one of the well connected areas in Chennai.

Balwinder Singh,

12th December 2013