Tambaram Locality Review

Q: I have recently shifted from Delhi. I was planning to buy a property in Tambaram . Please let me know if the locality safe ?

Sudhakar , Chennai

3rd January 2014

Locality Review in Tambaram, Chennai

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Replies (6)

In the Apr-June quarter of 2013, the locality price appreciated to Rs 3718 per sq. ft. In the July-Sep quarter of 2013, the locality price appreciated to Rs 3841 per sq. ft. Around 4 to 5 perc appreciation has been found within three months.

Some of the upcoming projects are such as ICIPL ODE by Intouch Construction & Infrastructure Pvt ltd, Atikramya Au Arum by Atikramya, Doshi Nakshatra II by Doshi Housing Limited. The price per sq ft is around Rs 3,639.

Kunal,

4th January 2014

Comment

What is the ongoing price trends in Tambaram ? Which are the good projects in Tambaram which is worth investing? Can you tell me the price details as well.

Vivek Kulkarni,

4th January 2014

Comment

How is the social infrastructure there and also please help me out with reputed schools and colleges ?

Vivek Kulkarni,

4th January 2014

Comment

Please let me know if it is a good idea to buy a property for end use ?

Vivek Kulkarni,

4th January 2014

Comment

@Vivek: Yes, As far as I know you can get good returns as it is an ideal location for families to settle down as it is a old locality so you can also find many old houses there. It offers great connectivity to all parts of Chennai. Land and house I think you should go for Thambaram. It is good for both long term investments as well as enduse purpose. Within 5 years you can expect good appreciation.

Kunal,

4th January 2014

I want to know how is the accessibility and connectivity from Tambaram to other parts of the city?

Vivek Kulkarni,

4th January 2014

The area is well connected with other parts of the city. It is just 36 km from Chennai City Railway Station and 11 km from Chennai International Airport. , Tambaram is well connected by public transport. The Tamil Nadu State Transport Corporation Ltd and the Metropolitan Transport Corporation connect Tambaram to other localities. Important roads in this locality include Tambaram Eastern Bypass Road, NH-45 and Camp Road. Parking facility is easily available. Tambaram railway station only 8 kilometers.

Tambaram is part of the Metropolitan Transport Corporation (Chennai) bus network, with a bus shelter located outside the Tambaram Railway Station.

Kunal,

4th January 2014

Thanks dear. Can you tell me pros and cons of this locality.

Kalki K,

4th January 2014

Comment

Some of the pros are such as

1. It has both busy railway line and NH GST road nearby.

2. Suiting all the class like lower, middle, upper middle and high income Better bus/train/taxi facilities

3. Equidistance for IT hub as well as industiral hub coming up Possibility of sustained appreciation

4. Can reach air port, main Railway stations faster

5. Lower taxi/auto charges to important places

cons are like :

1. Areas near the railway station/market too much crowded and some what polluted.

2. Due to some what narrow & poorly maintained roads, more difficult to ride through.

3. Old place in existance for decades and hence can see old houses.

Kunal,

4th January 2014

@Sudhakar: It is a well-secured place with dedicated police station, fire station and 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.

Joydeep D,

4th January 2014

Comment

Many parks such as the Gandhi park, Thirupur Kumaran Park and Krishna Nagar Park and others at Burma Colony and Bharathi Nagar has pushed the number of residential colonies in this area. Closeness to employment areas has also led to the rise of residential property demand. Private and government schools and colleges are found here. Malls and high streets are also present in this locality.

Kunal,

4th January 2014