What is the ongoing price trends in Urappakkam ? Which are the good projects in Urappakkam which is worth investing? Can you tell me the price details as well.
@Joydeep: In the Apr-June quarter of 2013, the locality price appreciated to Rs 3802 per sq. ft. In the July-Sep quarter of 2013, the locality price appreciated to Rs 3845 per sq. ft. There has been 5 perc appreciation within three months. Some of the upcoming projects are Jeayam Pearls Park by Jeayam Shelters Pvt Ltd, SIS Safaa Phase I and SIS Safaa by South India Shelters Pvt. Ltd. The price per sq ft is around Rs 3,245-3,530 .
Real Estate Growth is like it is a developed area and the Rate of Investment (ROI) is average. Urapakkam water supply comes from the Chennai Public Works Department (PWD).The electricity supply in Urapakkam is managed by the Tamil Nadu Electricity Board (TNEB)
Hospitals such as SRM Hospital, K R Hospital and Christudas Hospital are within the radius of 6 km. Some of the reputed educational institutes within the radius of 3 km are Shri Sankara Vidyalaya Matriculation School, Ananthavalli Mat. Hr Sec. School, Saraswathi Vidyalaya Matriculation School, Urapakkam Govt. High School, Neelan Matriculation School and Urapakkam West. Colleges such as Tagore Engineering College, B S Abdur Rahman Institute of Science and Technology, Chennai School of Ship Management and Sri Krishna Engineering College. Malls such as Shriram Mall, L&T Estancia and Laurel Mall are near by.
@Joydeep: The area is well connected with other parts of the city. It is just 36 km from Chennai City Railway Station and 18 km from Chennai International Airport. Urappakkam is well connected by public transport. There are direct buses from Mahindra City, Tambaram, Guduvancheri, High Court, Hasthinapuram and T Nagar. By road It can be reached through Potheri, Oragadam and Sriperumbudur.
Yes, As far as I know you can get good returns as it is an ideal location for families to settle down. It offers great connectivity to all parts of Chennai. It is also well connected and very well situated not too far from busy city life, a mixture of City busy life and quit silent place. Well connected to hospital, school, railway station & college, Wipro IT Park is suited It is good for both long term investments as well as enduse purpose. Within 5 years you can expect good appreciation.
Urappakkam is located in Kancheepuram District. It is situated on the National Highway 45, which is part of Golden Quadrilateral National Highway Project. It is situated between Tambaram and Chengalpattu at a distance of 8 km from Tambaram and 21 km from Chengalpattu. With the southern limit of Chennai Metropolitan Area expanded till Vandalur, Urappakkam has become the Gateway of South Chennai on GST Road.
Hey Javed, It is a well-secured place with street lights positioned across the locality. The rise of residential colonies in this locality is also because of the green open space it has to offer. It is also not so far from the city life.