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How would the Chennai-Bengalugu expressway impact the real estate market in West Chennai?

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The proposed 265-km expressway between Bengaluru and Chennai once implemented will cut down fuel consumption and travel time between the two cities to less than four hours. The proposed expressway will start from Hoskote in Banglore to Sriperumbudur (about 40km from Chennai city). And since its width will be 90 metres, there will be ample space for vehicles, hence countering traffic problems. Those traveling between the two cities can enter Chennai by coming out of expressway onto the NH48 . This expressway will immensely boost several real estate markets especially the Poonamalle-Thirumazhasai stretch which are poised markets for affordable housing segment priced between INR 25-50 lakhs. Few prominent real estate projects, which will be, are to be benefited from this development are Godrej Palm, WestWind by Developer Group, Santorini by Tata Value Homes, Urbanize etc. Having advantage of great flood safe zone attracts IT developments, data centre(s) housing and Service apartments.
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