Kundrathur rise in property values

Q: Hey I heard that the Kundrathur on an average has seen a rise of 14 per cent in property values. Can you share this news ?

Murali Krishnan, Chennai

25th December 2013

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Replies (2)

The locality is situated near Grand Southern Trunk (GST) Road which is about 10 km from the Chennai Airport through the GST Road. The Chromepet Railway Station is connecting the suburb to other major parts of the city, is also nearby. It is one of the fastest developing localities of Chennai in terms of infrastructure. The locality also enjoys proximity to Kodambakkam – Sriperumbudur Road that further helps the area to connect to Chennai Bypass.

Joydeep D,

25th December 2013

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Murugan Koil Road and Pammal Main Road are a few main roads that connect the area to the major parts of the city and also the area is within 10-12 km distance of localities such as Tambaram and Porur.

Jackie,

25th December 2013

How is the social infrastructure there ??

Mritunjoy Deb,

25th December 2013

Schools and colleges exist in the locality such as Vivekananda Vidyalaya, Little Flower Matriculation Higher Secondary School, Madha Engineering College and Chennai Institute of Technology and many more. Kundrathur also offer sclean drinking water and -quipped health care facilities, banking and shopping facilities.

Jackie,

25th December 2013

Hi the average values for multi-storey apartment were ranging between Rs 2,700 -3,300 per sq ft during Apr-Jun 2012 quarter, whereas today it stands at Rs 3,300-3,500 per sq ft. The rise in values is an indication that good civic and social infrastructure can offer a real estate buyer a profitable investment in the short span of time.

Joydeep D,

25th December 2013

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