Perungudi Locality Review

Q:
I was planning to buy a property in Perungudi . Please let me know if it is a good idea to buy a property for end use ?

Anandraj Iyengar, Chennai

25th April 2014

Locality Review in Perungudi, Chennai

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Replies (5)

Pergundi is also known for the dumpyard/landfill. Largest dumping yard in Chennai Municipal Cooperation spread across 200acres of wetland. Latest, June-6 2015 Hindu newspaper report suggest that the shifting of dumpyard from Perugudi has been shelved. Existing land would be used for modernizing dumpyard

BInu Mathew, Apartment Resident

6th June 2015

Comment

Very interesting insights. Thanks for your valuable inputs.

Pavan kumar, Chennai

10th June 2015

The best which i have seen is Nakshatra.. which is quite near to toll gate

Kiran, Chennai

2nd August 2014

Comment

@Kiran, Please share your review about the locality and will it be a good idea to invest in this locality or it is good for end use purpose.

Neeraj Rao,

6th August 2014

Can you tell me some of the advantages of this locality ? I heard many projects are coming up. Please name of the projects with price trends.How is the real estate growth in this locality ? What about water and electricity supply ? Which would be the best option to buy flat or villas ?

Rubiya,

25th April 2014

Comment

@Rubiya : Perungudi is a very prime location in Chennai. It is surrounded by number of IT companies like Tidel park, Ascendas, RMS tech park, Chennai One IT park and IT companies in OMR and well established restaurants. Easy access to the number of engineering college in OMR. All the facilities are available in this locality.

Perungudi water supply comes from the Chennai Public Works Department (PWD). The electricity supply in Perungudi is managed by the Tamil Nadu Electricity Board (TNEB). It is a developing area and The Rat

In the July-Sep quarter of 2013, the locality price appreciated to Rs5581 per sq. ft. In the Oct-Dec quarter of 2013, the locality price appreciated to Rs 5692 per sq. ft. In the Jan-Mar quarter of 2014, the locality price appreciated to Rs 5794 per sq. ft.

Balwinder Singh,

25th April 2014

Is it good for long term or short term investment. I want to know how is the accessibility and connectivity from Perungudi to other parts of the city? How is the social infrastructure there and also please help me out with reputed schools and colleges ?

Kunal,

25th April 2014

Comment

@Kunal: Perungudi is located in southern Chennai, along the Old Mahabalipuram Road. It is about 5 km from Thiruvanmiyur.There are direct buses from Thiruvanmiyur and Guindy to Perungudi. It can be reached through the OMR.The Meenambakkam airport is about 15 kilometers away. The chennai centre railway station will be 11 kms from Perungudi. It is good for long term investments.

Schools such as Abacus Montessori School, BVM Global, Montfort Metric School, St Pius Matriculation HR Sec School and Poornasiksha School among others. Colleges present include KCG College of Technology, Thangavelu College of Engineering, Thangavelu College of Engineering and Dhanraj Baid Jain College etc.

Balwinder Singh,

25th April 2014

@Anandraj : Perungudi is a very prime residential locality. From being an industrial suburb, Perungudi has now become part of the IT hub of Chennai, thanks to OMR being developed as the IT corridor. The area might still lack basic facilities like good roads, water and drainage facilities but the good news is that it is now part of the Chennai Corporation and plans are afoot to provide water & drainage facilities.

It is an ideal place for residence, as it is located at a 5 minutes distance from the main road and software parks. Close to restaurants, banks, schools and shops. It is an ideal place to live, as it is at a safe distance from the main road pollution and traffic. Very good locality and most suitable for those who work nearby It Industries. Well connected with ECR & OMR. Surrounded by malls, restaurants within 1.5 to 2 kms. New toll road from Thuraippakkam to Pallavaram starts very close to this location.

Himani,

25th April 2014

Comment

Hey this is a very good locality in between green acres community housing project and The Attrium community housing project and surrounded by Bungalows, Schools, Playgrounds and Children Parks. It is well connected to the OMR the IT Hub of Chennai and is very close to lots of Software Parks in this locality.

Balwinder Singh,

25th April 2014