Indira's Ruby

By: Indira Projects & Developments Pvt Ltd in Tambaram West

The most anticipated Residential plot Indira's Ruby in one of the main locations is ready to be acquired. These plots at Tambaram West, Chennai offer the best option to invest in government approved plots in the lowest ever prices you cannot even think of. Every plot presents a built- up area of 600- 2400 Sqft. Indira's Ruby comes with an affordable price range of 6 lakhs - 24 lakhs. Some of the major highlights of the plots are that all major banks and their ATM in its neighborhood, schools, hospitals, colleges and supermarkets in its close vicinity.

Despite being one of the oldest localities in Chennai, West Tambaram continues to be one of the most preferred residential destinations in the city. This unwavering demand has led to consistent appreciation in property prices, and has attracted a mass of investors, developers, realtors, and consumers alike.

Tambaram West proves to be a cheaper option than its eastern counterparts, with many residential projects offering housing units at affordable prices. Existing residential projects in the area includes MHC Blossoms by Madras Housing and Constructions, Marutham Breeze, Marutham Prestige, Marutham Heritage by Marutham Developers, My Silver Springs by the famed VGP Group, and Crystal Park by Ashirvaadh Homes and Resorts Pvt. Ltd.

West Tambaram enjoys well constructed and maintained civic and social infrastructure, including schools, arterial roads, colleges, banks, shopping centres, and public libraries. The presence of a police station and a fire station make this locality comparatively safe and secure. Some of the schools in this locality are Valluvar Gurukulam, Jain Vidyalaya Matriculation, and Higher Secondary School.

The famous amusement park, Kishkinta Theme Park, is located here, and can be found at the intersection of Darga Road and Outer Ring Road.

Connectivity and Transit Points

The main road through West Tambaram, connects this locality to the districts of Lakshmi Nagar, Krishna Nagar, Bharathi Nagar, Old Perungalathur, Madhana Puram, and Mudichur, finally curtailing at the Vandalur-Oragadam Road. Vandalur-Nemilichery Outer Ring Road passes through the National Highway 45 (NH-45), which flanks West Tambaram, further increasing its connectivity.

West Tambaram Bus Depot houses local MTC buses that take commuters to most parts of Chennai, as well as the surrounding towns and districts, like Velachery, Poonamallee, Vandalur, and Sriperumbadur.

Chennai’s primary railway station, Chennai Central, lies about 28km away, and requires at least an hour’s travel time. Residents, however, can make full use of Tambaram Railway Station that lies merely 3km away. This station serves as a halt for many major trains bound for other states.

Chennai International Airport lies only 10km away, and can be reached via SH-48. Other forms of transport in this locality include autos, share-autos, and taxis (both AC and Non-AC).

Major Landmarks:

• Kishkinta Theme Park
• Nanmangalam Reserve Forest
• Tambaram Mount
• Om Vinayaga Aquarium

Factors for Growth in the Past

Construction of important roads such as Thiruchi-Chennai Highway and Chennai Bypass Road, was the main factor that caused a spurt in development in West Tambaram. There was a steady rise in the social as well as commercial infrastructure growth too, with several shopping centres, banks, educational institutions, and public libraries springing up here.

Its proximity to bus stops and railway stations ushered real estate development, attracting many residential projects to set camp here. Availability of land and water were the other factors that catalysed its growth.

Residential and Commercial Market

Residential Market Trends

West Tambaram is a well-established colony housing many villas, independent houses, and multi-storey apartments. The current sales trends for multi-storey apartments in West Tambaram fall within the range of Rs 12 lakh to Rs 1 crore, at Rs 3,000 per sq. ft. to Rs 3,700 per sq. ft. Residential plots may cost an individual anywhere between Rs 7.5 lakh to Rs 2.25 crore, at Rs 12,900 per sq. yd. to Rs 17,280 per sq. yd.

If one is looking to rent a 2 BHK apartment in Tambaram West, it would about Rs 7,500 - 12,500 per month, at Rs 9 per sq. ft. to Rs 11 per sq. ft. A typical 3 BHK unit may cost anywhere between Rs 12,000 - 50,000 per month.

Commercial Market Trends

Renting out space for official and commercial purposes may cost between Rs 48,000 per month at Rs 38 per sq. ft., to Rs 5.95 lakh per month, at Rs 70 per sq. ft.

Major Challenges

This locality is abuzz with commercial activity during most hours of the day. This has disturbed the peace that the area used to enjoy, and the noise levels are beginning to bother the residents.

The interior by-lanes of the locality have been dug up and refilled in a very unorganised manner. This has rendered many potholes on the road, which fill up during the monsoons creating stagnant pools of water. This turns into breeding grounds for mosquitoes, causing several diseases.

Untreated sewage water seems to be spilling from the choked drains. This has led to extremely unsanitary living conditions for residents of certain streets.

Factors for Growth in the Future

A slew of residential projects in Tambaram West have been slated for completion in the near future. These massive residential projects, which include Rajiv’s Paradise, StepStone Venkata Villas, StepStone Arthita, Sri Sai Krupa, and Marutham Prestige, are being developed with state-of-the-art amenities, catering to a broad range of consumers.

The completion of Chennai Mono Rail System, which is expected to ply from Parrys Corner to Nungambakkam, will augur well for the connectivity of the region. Once completed, this network will cover at least 34 localities in the city, including West Tambaram.