Sterling R R Garden

By: Sterling Homes & Lands in Thaiyur

The most anticipated Residential plot Sterling R R Garden in one of the main locations is ready to be acquired. These plots at Thaiyur, Kanchipuram present the best option to invest in government approved plots in the lowest ever prices you cannot even think of. Each plot offers a built- up area of 2400- 2400 Sqft. Sterling R R Garden comes with an affordable price range of 52.8 lakhs - 52.8 lakhs. Some of the main features of the plots are that all major banks and their ATM in its neighborhood, schools, hospitals, colleges and supermarkets in its close vicinity.

Located in the southern outskirts of Chennai, nestled along the bustling Old Mahabalipuram Road (OMR), is the upcoming residential locality of Thaiyur. Placed amidst an array of reserve forests and ponds, the locality enjoys the tranquility of a calm and stress-free locality.

Once considered a small scenic village, Thaiyur is slowly transforming into a real estate hotspot, especially for the home-buyers living along the southern suburbs of Chennai. Strategically located along Rajiv Gandhi IT Expressway, popularly called as the OMR, the locality shares proximity to the IT corridor of Chennai, making it a prime property destination for IT professionals.

Thaiyur is engulfed by vast stretches of greenery and an exhibit of lakes and ponds. The Great Salt Lake, for instance, lies close by. Due to its proximity to the coastal line, a number of resorts and getaways like Blue Bay Beach Resort, The Country Club Jade Beach Resort, and Dolphin City are conveniently within reach.

Social infrastructure, especially in terms of schools and hospitals, is yet to bloom in the locality; however, these institutions can be found within a radius of 10km of the area.

Connectivity and Transit Points

Thaiyur enjoys road connectivity to other southern suburbs of Chennai via Rajiv Gandhi IT Expressway. The expressway further converges into Vandalur-Kelambakkam Road, and connects the south-eastern suburbs like Vandalur, Manivakkam, Perungalathur, and Tambaram.

The Chennai Suburban Rail Network does not extend till Thaiyur, but the closest station, Chengalpattu Railway Station is situated 27km from here. It can be reached via Chengalpattu-Thiruporur Road.

The MTC bus service can also be availed from Kelambakkam, which lies at a distance of 10km from Thaiyur. Chennai’s primary railway station, Chennai Central lies approximately 46km away, and takes nearly one-and-half hour to reach via Rajiv Gandhi IT Expressway. Chennai International Airport lies 42km from here, and can be accessed via both the expressway and the 200 Ft Road.

Major Landmarks

â—?       Akshaya Homes

â—?       Hiranandani Urbania

â—?       Dugar Gold City

â—?       Shree Motilal Kanhaiyalal Fomra Institute of Technology

Factors for Growth in the Past

Thaiyur got into the thick of the real estate market in Chennai after the development of the OMR or Rajiv Gandhi IT Expressway. Its appeal was increased manifold by the fact that, despite developments in the surrounding areas, the locality exudes peace and calm to a large extent.

Thaiyur’s proximity to the ECR and the coastal line also cajoled the interest of many developers to set up large-scale villa and high-rise apartment projects in the area, kick starting the locality’s residential sector.

Residential Market Analysis

Still in the wake of development, Thaiyur is developing gradually. As the area has a long way to go before being recognised as developed, vast stretches of residential plots in Thaiyur are available for sale. Residential plots are the dominant property type, with apartments catching up very slowly.

The residential plot prices are extremely economical. The plots sell at an average rate of Rs 1,490 per sq. ft. Because majority of the apartments in Thaiyur are in gated communities, the average rate of 2-3 BHK units fall close to Rs 3,700 per sq. ft. The rent culture is not quite prominent in Thaiyur, but a 2 BHK can be rented for Rs 6,000 to Rs 8,000 per month.

Major Challenges

The locality has scope for improvement in terms of the social and physical infrastructure. Also, rail connectivity and the public transport service needs to be enhanced.

Factors for Growth in the Future

With the development of the Phase-II of Old Mahabalipuram Road, and projects to construct and widen roads in the area, Thaiyur is seeing a growing interest among developers, especially for residential project development.

The proposal to construct a new bypass from Siruseri to Thaiyur, beyond Kelambakkam Junction would improve connectivity between Thaiyur and the IT Park, and create a larger property demand.

Many reputed developers like Jain Group and Hiranandani have already launched projects in the area. With more projects like Sucons Pinewood Crest, Hiranandani Urbania, and Akshaya Homes in the pipeline, the residential market in Thaiyur is likely to grow as a well rounded locality.