Sri Mahalakshmi Nagar Plots

By: CTS Estates in Singaperumal Koil

Sri Mahalakshmi Nagar Plots is an completed premium residential property by CTS Estates. Situated strategically in Singaperumal Koil, Chennai. The project boasts of superior lifestyle amenities plus an easily accessible location and an array of thoughtfully designed bedrooms. Sri Mahalakshmi Nagar Plots houses state-of-the-art Plots that are sure to give you a superior lifestyle.

Sri Mahalakshmi Nagar Plots is Situated at Singaperumal Koil, Chennai, Tamil Nadu, INDIA. one of the most sought after locations in Chennai. The area has well connectivity to hospitals, recreation areas and malls etc. Residents can enjoy a great work-life balance by staying in these Plots.

Comforts and Amenities:.

The project comprises of a meticulously designed array of Plots with minimum area starting at 624 sqft and maximum area of 1620 sqft. Some of the most spectacular amenities available as part of this project are Landscaped Garden and Play Area. Sri Mahalakshmi Nagar Plots is approved by almost all top banks in the city and hence finding a housing loan is not a difficult task. Duly approved by development authority of the city, these houses are best suited for individuals looking for a hassle-free lifestyle.

Construction and Availability Status:. There’s not much time remaining for completion of Sri Mahalakshmi Nagar Plots. Till this date around sold will be available to buyers. In terms of percentage the number of units sold out at this residential complex is 100.

Units and interiors:.

Builder Information:.

CTS Estates are one of the most trusted builders in the city of Chennai. They have a long legacy of meticulously designed and successfully delivered projects. Sri Mahalakshmi Nagar Plots is yet another Residential in their portfolio.

Situatedon GST Road, between Chennai and Chengalpattu, Singaperumal Koil offers a fine blend of offices and shops, homes and apartments. It is currently in a stage where large-scale residential development is on the cards. Improved connectivity and proximity to well-developed regions such as Thirukkachur, Chettipunyam, and Dada Nagar have significantly contributed to the locality growth.

Singaperumal Koil houses the famous Lord Narasimha Temple, attracting tourist traffic from near and afar. In the last few years, Singaperumal Koil has also emerged as an IT hub, with Mahindra World City and Ford gaining prominence in the region.

Being well developed, Singaperumal Koil boasts of an amalgamation of hospitals, educational institutions, restaurants, and supermarkets. Government Higher Secondary School, Brindavan Public School, and SRM University are a few reputed institutions in the region. Reputed hospitals in the locality include JSP Hospital, Apollo Clinic, and SRM General Hospital.

Connectivity and Transit Points

Singaperumal Koil is well connected to other important areas of Chennai via GST Road. Public transport in the locality is supported by MTC buses that ply the area, making frequent stops at Singaperumal Koil bus stop - the major bus stop in the region.

Singaperumal Koil Railway Station operates under the Chennai Suburban Railway Network and facilitates intra-city rail transport, connecting the locality to the likes of  Chennai Beach, Chennai Egmore, Nungambakkam, Kodambakkam, Mambalam, and Guindy.

Chennai Central, Chennai primary railway station, is situated 55km away, and can be reached via Chennai Bypass Road and NH-45. Local trains from Singaperumal Railway Station can also be used to reach Chennai Egmore, which lies at a distance of just 3km from Chennai Central. Air transport is facilitated by Chennai International Airport, which lies at a distance of 32km from here, and can be covered within an hour via NH-45.

Major Landmarks

• Tiruchi Chennai Highway
• ECI Church
• SMP Thirumana Mandapam
• Government Higher Secondary School
• Rane TRW Steering Systems Limited - Seat Belt Division
• Singaperumal Kovil Bus Stop
• Singaperumal Koil Railway Station
• Karur Vysya Bank ATM
• Liberty Christian Lighthouse Assembly
• VGN North Wood Park

Factors for Growth in the Past

The development of Sriperumbudur-Singaperumal Koil stretch was one of the major factors responsible for the growth of the locality. Availability of land and Singaperumal Koil’s proximity to GST Road also grabbed the attention of leading builders like Sare Homes, VGN Developers, and ABI Estates, who set up small- to mid-scale residential projects in the area. Good road and rail connectivity worked as an added advantage.

Residential Market Analysis

Residential plots dominate the property spectrum in the region, while apartments come next. The average rate for residential plots in Singaperumal Koil is Rs 790 per sq. ft., and independent houses sell at an average rate of Rs 2,890 per sq. ft. Apartments are priced the highest in the area, and sell at an average rate of Rs 3,290 per sq. ft. The rent prices for 2-3 BHK apartments in Singaperumal Koil range from Rs 7,000 per month to Rs 18,000 per month.

Major Challenges

Certain parts of Singaperumal Koil are deprived of good road connectivity due to poorly constructed roads. The stretch from Singaperumal Koil to Oragadam entertains heavy vehicle traffic, with trucks and buses plying this stretch, sometimes causing fatal accidents.

The delay in construction of the grade separator at the intersection of Vandalur–Wallajahbad Road (SH-48) and Singaperumal Koil–Sriperumbudur Road (SH 57), has aggravated traffic congestion in the locality. Apart from traffic issues, this project delay poses a safety risk for the residents, as the ramps on this road lacks protective parapet walls.

Factors for Growth in the Future

The proposal to develop a new 60km stretch of road on Chennai Peripheral Ring Road is set to benefit Singaperumal Koil, as it would be linked to important industrial hubs like Thiruvallur, Thamaraipakkam, and Periyapalayam.

The completion of Oragadam Industrial Corridor Project Phase-II, which would widen the Singaperumal Koil-Sriperumbudur Road from 4 to 6 lanes will play a major role in resolving the locality’s growing traffic issues.

The plan to build a Peripheral Road bordering Chennai, once executed, would reduce traffic snarls in the city. The road will pass through industrial hubs like Oragadam, Sriperumbudur, Tiruvallur, and Singaperumal Koil.

Upcoming residential projects inSingaperumal Koil such as Sare Shreyas Villa, Meadow Ville Phase II, Sare Meadowville Phase II, Rain Tree Park, and Natwest Vivas, will further accelerate the locality residential growth.