Perumbakkam is one of the fastest growing areas in Chennai. Flats for sale in Perumbakkam are increasing rapidly and demonstrate the developments the region is experiencing. Located in close proximity to Tambaram, Perumbakkam has all the luxuries when it comes to connectivity, commercial growth, international facilities and contemporary homes and apartments.
Perumbakkam is also closer to Pallikaranai, Sholinganallur, Sembakkam, Vengaivasal, Keelkattalai, OMR and several other significant areas of Chennai. Flats in Perumbakkam observe higher demand because of proximity to OMR that is home to the city’s IT/IT Enabled Services corridor. Resident and migrant population of Chennai work in the IT corridor that houses numerous major multinationals. These companies
generate employment opportunities in the thousands. Therefore, increased employment has furthered the population of the city. The existing and new population demands contemporary housing either for rentals or for purchase.
Flats near OMR are therefore witnessing highest demand in the city. Interestingly, infrastructural developments are also at a rapid pace because of the vicinity to the international airport. Further, the construction of the city’s biggest infrastructural project, the Metro on Grand Southern Trunk road is again not too far away from Perumbakkam. With all these developments underway, it is no wonder that the area is likely to multiply in terms of growth and capital appreciation in the future. Numerous investors have shifted focus from other parts of Chennai to Perumbakkam and Medavakkam considering the rental and appreciation prospects the area is likely to offer shortly.
Author Name: Daisy Pete
Article Source: www.goarticles.com
Perumbakkam is also closer to Pallikaranai, Sholinganallur, Sembakkam, Vengaivasal, Keelkattalai, OMR and several other significant areas of Chennai. Flats in Perumbakkam observe higher demand because of proximity to OMR that is home to the city’s IT/IT Enabled Services corridor. Resident and migrant population of Chennai work in the IT corridor that houses numerous major multinationals. These companies
Flats near OMR are therefore witnessing highest demand in the city. Interestingly, infrastructural developments are also at a rapid pace because of the vicinity to the international airport. Further, the construction of the city’s biggest infrastructural project, the Metro on Grand Southern Trunk road is again not too far away from Perumbakkam. With all these developments underway, it is no wonder that the area is likely to multiply in terms of growth and capital appreciation in the future. Numerous investors have shifted focus from other parts of Chennai to Perumbakkam and Medavakkam considering the rental and appreciation prospects the area is likely to offer shortly.
Author Name: Daisy Pete
Article Source: www.goarticles.com
