Pallavaram-Thoraipakkam road is next realty destination

Q: Hey heard that Thoraipakkam-Pallavaram road is fast emerging as an ideal destination for investment in residential property. Kindly discuss on this news.

VKumar, Chennai

3rd March 2014

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Replies (3)

Hey the corridor enjoys the advantages of easy accessibility to work areas, presence of educational institutions, hospitals and access to shopping districts. Also the current price levels and future growth potential make this corridor an ideal destination for investments. :)

Pranab Malakar,

3rd March 2014

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Hey the Thoraipakkam-Pallavaram road that interconnects IT corridor and so it makes the corridor to drive the homebuyers to its fold is the 200-ft-wide road and improved transportation connectivity levels to most parts of the city.

Balwinder Singh,

3rd March 2014

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Hey can you tell me the current residential price in this area ? Do they have good developers in this area ?

Himani,

3rd March 2014

@Himani: Hey the currect price will be around Rs 5,500 – Rs 6,000 per sq ft. Some of the good projects such as Vishwakarma Skypark, Olympia Grande, S&S Sarvam, Appasamy Mapletown and Jones Sigiria are there.

Gurmeet,

3rd March 2014

Hello Vkumar, the emerging hub is a alternative gateway to the IT Corridor (OMR) and the busiest corridor GST Road where residential projects are coming up only in areas beyond Vandalur.

Also residential property prices in the neighbouring Velachery are inching high beyond the affordability levels of middle class homebuyers.

Gurmeet,

3rd March 2014

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