Raja Perumbakkam Phase Lll

By: Raja Constructions in Perumbakkam

Introduction: Welcome to Raja Perumbakkam Phase lll Apartments, an abode of magnificent Apartments in Chennai with all modern features required for a contemporary lifestyle. These Residential Apartments in Chennai flaunts a resort like environment. It is now easy to experience how modern comforts blend seamlessly with magnificent ambience and how lifestyle amenities combine with refreshing green views. Raja Perumbakkam Phase lll by Raja Constructions in Perumbakkam ensures privacy and exclusivity to its residents. The reviews of Raja Perumbakkam Phase lll clearly indicates that this is one of the best Residential property in Chennai. The floor plan of Raja Perumbakkam Phase lll enables the best utilization of the space. From stylish flooring to spacious balconies, standard kitchen size and high-quality fixtures, every little detail here gives it an attractive look. The Raja Perumbakkam Phase lll offers 2 BHK luxurious Apartments in Perumbakkam. The master plan of Raja Perumbakkam Phase lll comprises of meticulously planned Apartments in Chennai that collectively guarantee a hassle-free lifestyle. The price of Raja Perumbakkam Phase lll is suitable for the people looking for both luxurious and affordable Apartments in Chennai. So come own the ritzy lifestyle you’ve always dreamed of.

Amenities: Raja Perumbakkam Phase lll comprises of many world class amenities.

Location Advantage: Location of Raja Perumbakkam Phase lll Apartments is ideal for those who are looking to invest in property in Chennai with many schools, colleges, hospitals, recreational areas,parks and many other facilities nearby Perumbakkam.

Address: The address of Raja Perumbakkam Phase lll is Perumbakkam, Chennai, Tamil Nadu, INDIA..

Perumbakkam, which used to be a small village in the outskirts of Chennai, is now turning into a major residential suburb of South Chennai. With the famous Perumbakkam Lake lying within its precincts, the locality’s residents have an excellent source of recreation amidst the periodic hustle-bustle of the locality.

Perumbakkam has also been part of several initiatives. For instance, in the year 2013, a slum clearance drive was undertaken in Perumbakkam under JnNURM’s “Basic Services for the Urban Poor” program. Slums were cleared and new resettlement areas were built, giving the locality a major facelift.

The social infrastructure in this locality is a highlight. Reputed schools and colleges like Kendriya Vidyalaya, Hiranandani Upscale School, Asan Memorial College of Arts, and credible hospitals like Global Health City, Karunya Hospital, and others, have been a huge success in making this locality self-sustaining.

Key Projects in Perumbakkam : 

Connectivity and Transit Points

One of the major plus points in favour of this locality is the easy accessibility to the IT corridors of OMR and Sholinganallur. Both these areas can be reached easily from Perumbakkam via ECR Link Road. One can even head down to Sholinganallur through Medavakkam-Sholinganallur Road. And Tambaram, a major locality in Chennai, is accessible via Velachery-Tambaram Road.

The most popular mode of public transport here are the buses, both private and State-run. The Chennai MTC buses connect Perumbakkam with other localities like Tambaram, Thiruvanmiyur, Adyar, Kovalam, Kilkattalai, T. Nagar, Pallavaram, and Thirupporur. Auto-rickshaws are quite popular, too.

For long distance travel, Velachery Railway Station is in the vicinity. And Chennai International Airport is just 15km away.

Major Landmarks

●     Perumbakkam Lake

●     Advent Church

●     Pathanjali Gardens

●     Bharathi Vidyalayaa Senior Secondary School

●     Marrybrown

Factors for Growth in the Past

The most prominent growth factor for the locality has been the emergence of IT hubs in the surrounding localities of OMR and Sholinganallur. The area quickly rose to become a potential option for the young IT crowd, spurring the residential project development. Once apartments and houses were built, they were sold at cheap prices, attracting more home buyers and kick starting the growth in the commercial sector.

Residential Market Analysis

The residential market in this locality consists mostly of multi-storey apartment buildings, followed by residential plots in Perumbakkam, with the presence of only a few independent houses. The apartment types available vary from 1-3 BHK units, and are available in the price bracket of Rs 4,600-6,400 per sq. ft.

The individual houses available are generally in 3-4 BHK configuration, falling in the price bracket of Rs 6,500-7,000 per sq. ft., while residential plots are available for Rs 3,200-3500 per sq. ft.

Major Challenges

Contamination of groundwater is a major civic challenge. At present, the water is not potable; in fact, the residents don’t even use it for washing and cleaning purposes. It is likely that the water from the lake will become unusable, if the groundwater seeps into the lake and contaminates it.

Being relatively new, Perumbakkam still has a long way to go to build up an adequate urban infrastructure. For instance, the roads need to be repaired, and then maintained well.

Factors for Growth in the Future

The future of Perumbakkam is bright. With the announcement of the ELCOT-SEZ project, investors and buyers alike are hoping for significant returns on investment; and rightfully so, because once this SEZ is active, a capital appreciation of 100 per cent can be expected.

Several IT companies have also expressed their interest in setting up offices in Perumbakkam. These developments coupled with the upcoming metro line along the GST Road will further boost the realty market of this small suburban locality.