Guduvancheri Locality Review

Q: I am planning to buy a property in Guduvancheri . 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 ?

Murali Krishnan, Chennai

22nd April 2014

Locality Review in Guduvanchery, Chennai

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Replies (7)

Guduvancheri is emerging as the largest residential area in Chennai and the area has seen a 22% hike in rentals in Jan-Mar 2016

Madhukar, Chennai

20th October 2016

Comment

Some of the projects are as follows :

RRP Ascon Residency , Chennai

RRP Thamarai

Lancor Lumina, Chennai

Wisdom Housing Plots II, Chennai

VJS Kumaran Sukrataa, Chennai

Srinivas , Chennai

22nd April 2014

Comment

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

Pranab Malakar,

22nd April 2014

Comment

@Pranab: There are direct buses from Guindy and Tambaram to Guduvanchery.It can be reached through the GST Road. The Meenambakkam airport is about 30 kilometers away. Taxis and buses ply regularly. GST Road connects Guduvancheri to other locales. The Suburban Railway of the Southern Railway network also connects it to the other parts of Chennai. There are more than 35 bus services per day from various places from Chennai. There is a huge bus terminus at Guduvancheri from where you can to anywhere in to the city.

Average apartment prices in this locality range from Rs. 2,700 to 4,500 per sq. ft. Average land prices are Rs. 2, 000 to 5, 500 per sq. ft. Major builders in this area are ArunExcello, Lancor Builders, Akshaya Builders. Guduvancheri has a minimum guideline value of Rs.1000 per sqft to a maximum of Rs.3000 per sqft. Stamp Duty is 7% and Registration Fees is 1%.

Balwinder Singh,

22nd April 2014

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 ?

Pranab Malakar,

22nd April 2014

Comment

@Pranab: Guduvancheri is located close to upcoming IT centers and SEZ and companies already present such as Accenture, Ford and Mahindra World City. Educational institutions present are SRM University and its group of institutions such as Valliammai Engineering College, SRM School of Management, SRM Medical College, etc. Other schools include Eva Stalin IAS Academy, SRM University, Eva Stalin Business School, Govt. Boys Higher Secondary School, Govt. Higher Secondary School, Bharathiar Matriculation Hr Secondary School, St John Matriculation School, Holy Sai International School, Neelan Matriculation School, St Marys Matriculation School and others.

The social infrastructure of this area is well developed. Police station, electricity office, telephone exchange, government primary health centre, schools and colleges are located in the district itself.

Rubiya,

22nd April 2014

Hey heard that lots of people are migrating to Guduvancheri as the place is calm and is in the midst of busy GST Road and easily connecting to other business and working spots.

Vivek Kulkarni,

22nd April 2014

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@Vivek: Guduvancheri fast growing suburb out of Chennai, there is a proposal for Guduvancheri to Avadi railway lane, also the flyover work is in finishing stage, the land value is reside more than 10 percent. Adhanur is reached through Madambakkam. It is a village rapidly getting populated by residential settlements. This is a very calm and quiet residential area at Chennai.

Ground water is sweet in this area and good breathable air flow is enjoyed over here. A very good and decent locality for all kind of people.

Rubiya,

22nd April 2014

Hey guys Guduvancheri is located in between two major junctions of South Chennai Tambaram and Chengalpet. This is the middle part of highly developing area of GST Road, from guduvancheri people are reaching easily to Shri ram gateway, SRM University, Mahindra City, Ford etc.Guduvancheri is a rapidly-developing town along National Highway 45 that connects Chennai with the cities in southern and western Tamil Nadu. It is a hub for towns such as Adhanur, Madambakkam, Kavanur, Neelamangalam, Kayarambedu, Perumattunallur, Pandur, Karanaipudhucheri, Potheri, Nellikuppam, Thailavaram, The Thiruporur and Vellancheri.

Ram Gopal, Chennai

22nd April 2014

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@Murali: As far as I know the security quotient in Guduvancheri is good due to the presence of streetlights. This place has a police station, good number of street-lights, and fire station. The sweeping, drainage and sewerage system is in place and properly functioning.

It is located close to upcoming IT centers and SEZ. Companies already present are Accenture, Ford and Mahindra World City.Plenty of traffic lights can be found in this area. It is good for long term as well as short term investments for 3 to 6 years period you can good returns.

Balwinder Singh,

22nd April 2014

Comment