Need advice : Buying land in Madipakkam, Chennai

Q: I zeroed-in to buy a land (1 groud) at Ram Nagar, Madipakkam. Chennai.
Documents are clean but i see the land is watery (wetland). Is it safe to buy ? this is just for investment and no plan to construct building

Seethalakshmi,

12th March 2014

Buying property in Madipakkam, Chennai

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Replies (2)

How is the accessibility and connectivity from Madipakkam to other parts of the city? I heard the bus service is good.

Himani,

12th March 2014

Comment

@Himani: The area is well connected with other parts of the city. It is just 17 km from Chennai City Railway Station and 6 km from Chennai International Airport. Yes the bus service is good There are direct buses from Broadway, T Nagar and Keelkattalai. Also by road you can be reached through Velachery and Medavakkam. The Meenambakkam airport is about 7 kilometers away.

Balwinder Singh,

12th March 2014

Hi Seethalakshmi: According to me it would be very good idea if you are planning to buy property in Madipakkam.

Madipakkam is the posh area of Chennai. It is the nice & peaceful residential locality for middle class working people. As far as I know you can get good returns as it is an ideal location for families to settle down and it offers great connectivity to all parts of Chennai. Residential apartments are quiet famous here, It is good for both long term investments as well as enduse purpose. Within 5 years you can expect good appreciation.

A good location for a family for a peaceful and enjoyable life in this area. We can get all the major requirements around the area in which we has access to 200 ft road which connects Kathipara and Madipakkam Road.

Pranab Malakar,

12th March 2014

Comment

Hey.....Ram Nagar area of Madipakkam is situated very near the MRTS Velachery Railway Station. Hence it is very well connected in terms of infrastructure. It is a fast growing locality which is just situated off the IT corridor hence makes it very easy for IT professionals. If its for investments and documents are correct I think you should move on.

Balwinder Singh,

12th March 2014