The average selling price going on in this locality is Rs 4800 per sqft. According to a survey, Medavakkam was named the sixth biggest destination for residential real estate investment among the list of top 13 places in India.
Medavakkam is expected to outscore all other residential areas in the city in terms of property appreciation in the next 5 years. Roads are also being laid again in places like Koilambakkam and Shivagami Nagar.
The construction of the ORR from Medavakkam to Karapakkam will provide easy access to the Rajiv Gandhi IT Expressway. This makes it very convenient for employees working in IT hubs in the surrounding areas.
I am still staying in ruby avenue they dont give importance to trees and gardening systems they cover all the soil with concreet that is only reason I dont want want to purchase.
The good residential area in Medavakkam, Vadakupattu located at good developed area. Clear ground water. Just 6 km in Velacherry railway station all facilities in near this place.
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Medavakkam is a very prime location in Chennai. It is very close to IT companies in OMR. Locality is approachable from Tambaram East and Velachery. All the facilities like school, mall, market, bank and ATM are available in this locality.
@Pranab: Many schools are located in Medavakkam such as St John Public School, Bharathi Vidyalaya Senior Secondary School, Vidhya Mandir MAT HR Sec School, Zigma Matriculation School and Christ The King Matriculation HR Sec School amongst others. Some of the well-known colleges situated in this locality include Prince Shri Venkateshwara Padmavathy Engg College, Prince Dr.K Vasudevan college of Engineering and Technology, Quaid E Milleth College For Men, New Prince Sri Bhavani Arts & Science College.
Hello Priya, the expected possession date will be by may 2015. This project is located on the center stage of Chennai, near Tambaram. It is on On Velachery Main Road at Santhoshapuram, Chennai.