RSP Anugraha

in Perumbakkam

RSP Anugraha which has Apartments at Perumbakkam, Chennai is the most demanded locality for the ones who wants to invest in future perspectives too. Perumbakkam, Chennai is in close proximity to major workplaces. In Chennai, the demand for real estate is continually scaling. Also many business establishments along with well known schools, colleges, medical centers, shopping malls and places of relaxation is in close vicinity to RSP Anugraha . RSP Anugraha is strategically designed keeping in mind even the smallest details. It comprises of all world class amenities such as 24Hrs Water Supply, 24Hrs Backup Electricity, CCTV Cameras, Covered Car Parking, Landscaped Garden, Lift, Play Area, Rain Water Harvesting and Waste Management.

Location Advantages:. The RSP Anugraha is strategically located with close proximity to all civic amenities such as schools, colleges, hospitals, shopping malls, grocery stores, restaurants, recreational centres etc. The complete address of RSP Anugraha is Perumbakkam, Chennai, Tamil Nadu, INDIA..

Builder Information:. Builder of RSP Anugraha is one of the leading real estate company which has successfully completed many residential projects.

Construction and Availability Status:. RSP Anugraha is currently ongoing project.

Units and interiors:. It offers spacious and skillfully designed 2 BHK and 3 BHK Apartments at very affordable prices. RSP Anugraha comprises of dedicated wardrobe niches in every room, branded bathroom fittings, space efficient kitchen and a large living space. Proper ventilation is there in every corner of the house.

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.