Vandalur Locality Review

Q: I am planning to buy a property in Vandalur . I have recently shifted from Mumbai. Please let me know if the locality safe ? Please let me know if it is a good idea to buy a property for investment purpose ?

Uday kumar, Chennai

15th April 2014

Locality Review in Vandalur, Chennai

real estate

buying property

investment purpose

real estate in chennai

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Replies (4)

Some of the major builers are Rajeshwari Infrastructure, Vijayalakshmi Construction, Yume Homes, M Acacia Homes and Constructions, Mahindra lifespace developers limited.

Some of the good projects in Medavakkam are as follows:

VIP Enclave, Chennai

SKC Jeera Enclave

Artha Dhakshin City

Pristine Lakshmi Nagar

Mayo Aura, Chennai

Krishu Phase II

Ram Gopal, Chennai

15th April 2014

Comment

How is electricity and water supply here ? Please let me know about the real estate growth rate also ?

Balwinder Singh,

15th April 2014

@Balwinder: Vandalur water supply comes from the Chennai Public Works Department (PWD). The electricity supply in Vandalur is managed by the Tamil Nadu Electricity Board (TNEB). The real estate growth is like it is a developing area and the rate of growth is average.

Rubiya,

15th April 2014

How is the accessibility and connectivity from Vandalur to other parts of the city? What is the ongoing price trends in Vandalur ? Which are the good projects in Vandalur which is worth investing? Can you tell me the price details as well.

Vivek Kulkarni,

15th April 2014

Comment

The area is well connected with other parts of the city. It is 35 km from Chennai City Railway Station. The Meenambakkam airport is about 14 kilometers away. Since Vandalur is well connected by roads to all areas of Chennai and also has a railway station. The proposed new bus terminal coming up 2 km away.

There are direct buses from Tambaram, Poonamallee, Broadway, T Nagar, Mandaveli and Thiruvanmiyur. It can be reached through NH45. The nearest train station is Vandalur Railway Station on the Chennai Suburban Railway line.

Developers are coming up with residential projects such as like villas, ready to move apartments, flats with 1BHK to 4BHK. Average apartment prices in this locality range from Rs. 3,000/- to 4,000/- per sq. ft. Average land prices are Rs. 2,000/- to 3,500/- per sq. ft.

Rubiya,

15th April 2014

Yes Uday also the returns on investment in this area are 5 -10%. The monorail project, new terminus and 18 km stretch from the IT corridor in Kelambakkam to the Grand Southern Trunk (GST) road junction at Vandalur is calling for real estate development.

Vandalur is one of the most happening places in the GST Road IT Corridor. Recently a Road over bridge was thrown open which crosses the railway line leading to industrial corridor of Oragadam and Sriperumbudur. Also with the announcement of central bus stand for south bound buses, it has become a very important location for property developers, bus operators, investors and common man who would like to own a residential place in the area.

Vandalur is the extension of Perugalathur a vast residential area. The new Vandalur bridge connects the GST and Oragadam. Educational institutions surround Vandalur and also IT parks. The Keelambakkam road which connects OMR is just 1 km away.

Ram Gopal, Chennai

15th April 2014

Comment

Thank you for the quick response. I heard there are many reputed colleges here. Can you name some reputed schools and colleges ? How is the social infrastructure there ?

Vivek Kulkarni,

15th April 2014

@Vivek: Hospitals such as SRM Medical College & Hospital and Chenglepet Govt Hospital are within the radius of 6 km. It is well connected by public transport parking facility is also easily available.

Many schools are located in Vandalur such as Sri Saradha Eshwar Vidya Mandir, Mariya Nivas Matriculation and Sri Selva Vignesh Matriculation. Some of the well-known colleges situated in this locality include B S Abdur Rahman A J University, SRM University and Danish Ahmed College of Engineering.

Himani,

15th April 2014

Hello Uday, As far as I know the security quotient in Vandalur is good due to the presence of streetlights. Vandalur is located in the southwestern part of Chennai city. It is just 5 kilometers from Tambaram and the areas surrounding this locality are Urapakkam, Perungalathur, Mudichur and Padappai.

Yes, it is good for investments as you can get good returns in future. 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 3 to 4 years you can expect good appreciation.

This place is booming with lot of new projects, builder are developing residential real estate in Vandalur. With all these amenities and the completion of the Gold Souk Grande's Mall, the demand for plots and flats in Vandalur is on the rise now.

Himani,

15th April 2014

Comment