Is Perungalathur area worth of investment?

Q: I have some fund to invest in real estate market. I am keen to know how has the price appreciation been in the last two years?

Uday kumar, Chennai

7th January 2015

Locality Review in Chennai

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Replies (4)

Hi, I world like to invest in a property located within 10km from my workplace. I prefer Perungalathur as it suits,my budget of Rs 30 lakh.but I world like to know more about this area?

Gaurav, Chennai

3rd August 2015

Comment

Hello, Perungalathur is located on the southern gateway to the city, it is in proximity to the Outer Ring Road that offers connectivity to North Chennai and National Highway 24. It has good connectivity with Chengalpattu and Kanchipuram The Perungalathur railway station is about 30 km from Chennai Central. It is near the Tambaram railway junction. Southern Railway is currently renovating and expanding, including the extension of platforms.

Chandra mouli, Chennai

3rd August 2015

All Metropolitan Transport Corporation buses towards Vandalur pass through Perungalathur.Auto-rickshaws and share-autos can also be hired for accessing the interior areas very frequent.

Hemanth, Chennai

3rd August 2015

Hi Gaurav, Visit Commonfloor website to know property trends in Perungalathur. https://www.commonfloor.com/perungalathur-chennai/rvp-51b73b85dc99b

Pavan kumar, Chennai

3rd August 2015

@ Gaurav, The Perungalathur Lake is located behind the Vedanta Desika Srinivasa Perumal Temple.The area is peaceful, pollution-free, and offers lush green environment with a picturesque view of the Vandalur hills which is on the south eastern side.

Javed, Chennai

3rd August 2015

Hi Mr Uday,

In my point of view, in peak hours, those who have to cross this part of the city to reach as Vandalur and Guduvanchery, may face delays. The traffic piles up due to wrong parking practice here. People park their cars on the road itself. The state government has also proposed a bus terminus at Perungalathur some time ago. If it materializes, the area would be further decongested.

Murali Krishnan, Chennai

7th January 2015

Comment

Hi Guys,
The locality is part of the Phase 1 of the Chennai Monorail network. Apart from this, the Highways Department and the Southern Railway will construct a road over-bridge and a pedestrian subway to replace two level crossings near the Perungalathur Railway Station. The road over-bridge would be aligned with the proposed Eastern Bypass project of the Highways Department, which would connect Velachery Main Road at Rajakilpakkam and GST Road near the Perungalathur station.

VKumar, Chennai

8th January 2015

Hi All,
According to me, life in Perungalathur is peaceful and away from pollution and hassles of the city. The place offers lush green environment with a picturesque view of the Vandalur Hills which is on the south eastern side . Apart from this the locality is also known for the Perungalathur Lake behind the Vedanta Desika Srinivasa Perumal Temple.

Srinivas , Chennai

8th January 2015

Hi Guys,

As per my knowledge, Perungalathur is one of the prime location with decent residential environment. Infrastructure , connectivity & transportation is not an issue in this area. The area offers well equipped social fabric that includes good schools, banks and medical facilities . Perungalathur has a Primary Health Center (PHC) & Additional Health Center and a couple of private nursing homes and clinics as well.

Alex Stephen, Chennai

9th January 2015

Hi Mr Kumar,

As per my knowledge, the Perungalathur Railway Station is about 30 km from Chennai Central. Southern Railway is currently renovating and expanding, including extension of platforms. A new rail line exclusively for express trains is also planned. According to me, this area is very suitable for investors. As located & well connected near to many reputed areas in Chennai, this location will have high rental appreciation in all over the year.

Anandraj Iyengar, Chennai

7th January 2015

Comment

@ Uday,
All Metropolitan Transport Corporation (MTC) buses towards Vandalur pass through Perungalathur. The locality’s railway station and bus stop are located near each other giving commuters the option of using either. Auto-rickshaws and share-autos can also be hired for accessing the interior areas.

Ram Gopal, Chennai

7th January 2015

Hi Mr Uday,
Perungalathur is the southern gateway to the city and is in proximity to the Outer Ring Road (ORR) that offers connectivity to North Chennai. It’s proximity to Tambaram Railway Junction and Arignar Anna Zoological Park in Vandalur has given the locality good connectivity with places such as Chengalpattu and Kanchipuram. The NH-24 is also nearby.

Sundar, Chennai

7th January 2015

Comment

Hi Mr Uday Kumar,

Industrial estates such as Guindy, Maraimalai Nagar, Paddapai, Oragadam and Sriperumbudur are easily accessible via road or rail. Residents of adjoining areas such as Peerkankaranai, Sadanandhapuram, Old Perungalathur and RMK Nagar avail transport facilities from Perungalathur.

Sudhakar , Chennai

7th January 2015