Ponneri-Thirupalayvanam, Chennai -what is the going rate per sq ft?

Q: Hi,

could you please share what is the approximate going rate per sq.ft. for ponneri area - thirupalayvanam?

padma, Chennai

21st February 2015

Locality Review in Ponneri, Chennai

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Replies (4)

Ponneri is located 40 kms away from the centra business district of Chennai, so do you think it is worth buying a property here.

Devendra, Chennai

1st August 2016

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I agree that the area is located 40 kms from the central business district of Chennai, but the travel time is reduced with Chennai Suburban Railway connecting Sullupetta and Chennai Central Railway Station.

Ponneri is easily accessible from Gummidipoondi SIPCOT, the upcoming industrial park by Mahindra Lifespace and Sri City.

Ravi Kumar, Chennai

1st August 2016

I could see that the real estate market is really doing good in this locality. What is the reason and how much is the rate per sqft going on?

Devendra, Chennai

1st August 2016

Presently the rate per sqft going on ranges from Rs 3200 to Rs 3600. The real estate market in this locality is mainly driven by plotted development, while in the recent times apartments and villas have been launched. The reason behind this is because of the prominent educational institutions and upcoming industries in the region.

Ravi Kumar, Chennai

1st August 2016

Please share if you have any information on those lines as well.

padma, Chennai

23rd February 2015

Comment

thanks for the reply, Mr. Pavan. i was told that this area was identified as a satellite town to be developed? So just wanted to know the current status of how it is.

padma, Chennai

23rd February 2015

Comment

Hi, Ponneri is of the outskirts of chennai and right now there is no development going on in these area but any one want to invest in these area for long terms then it will be good option. you get plot in very cheap price. most of the land is covered with agriculture land so while buying land in these location must have to verify from ground level that whether project is clear project with necessary approval or not.

Pavan kumar, Chennai

23rd February 2015

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