Mambakkam an ideal location to invest since it is well connected to ITI/TeS corridor in OMR, various industrial setups on GST through Vandalur,schools, banks and hospitals.
The area is a good option for investors since it can be rented out to students who are away from home and studying here and also employees working around. The area has good potential for capital appreciation as well.
Some of the on going apartments iprojects in this area are: Tata New Haven Golden garden Vijay Shanthi Love Tata New Haven Ribbon Walk Vijay Shanthi Whistling Woods
People who are employed in near by manufacturing companies and do not want to migrate anywhere else can look for this locality. The area offers 1,2 and 3 BHK houses that come in the form of integrated townships and apartments, at affordable prices. The price per sqft in Mambakkam starts at Rs 3,300 per sq ft.
The price of a 2 bhk in this locality starts from Rs 20 lakhs on wards depending on the area of apartment you are buying. Mambakkam is considered to be a good location in terms of connectivity.