Chennai Real Estate favors certain pockets of the city a lot more than it does with the others. Perumbakkam represent a classic example of such preference, particularly with residential flats. A few years ago, Perumbakkam was relatively unheard of in the Real Estate circle. The region had vast expanses of agricultural land with very little development to talk about. But, today the landscape of Perumbakkam is almost entirely different. Perumbakkam represents a contemporary place in Chennai lined by multinational business, retail centers, also the infrastructural development and modern high rises. It is no wonder why regions like Perumbakkam feature in the most sought after destinations for Real Estate investment in Chennai.
Some distinct reasons
- Perumbakkam is well connected to every important region of the city. Even if you have been a Central Business District (CBD) dweller, Perumbakkam connects you well to the CBD through a good transportation system.
- Proximity to OMR invites interests of IT public that prefer to cut down their commute time to and from work. Professionals working in Sholinganallur, GST Road and ECR find Perumbakkam an ideal suburb for living in.
- There are a number of Real Estate options in Perumbakkam, residential sector in particular. One can choose from the abundance of living options, either the flats or the villas, over and above many other residential localities of Chennai.
- Perumbakkam is only on the brink of development and hence Real Estate here is still more less priced when compared to most other areas of Chennai. Pricing advantage in Perumbakkam gets eyeballs especially because returns on investment are expected to be exceptionally high.
- Many parts of Chennai, some even in the CBD, face the dearth of pure drinking water. Perumbakkam has a large water source and hence it is never a problem here.
- Perumbakkam is no exception to social infrastructure you can find in any other part of Chennai including the CBD. Today, Perumbakkam has a number of educational institutions, entertainment avenues, malls, retail centers and hospitals and other medical facilities besides a lot more.
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- The flats for sale in Perumbakkam have a greater number of basic and urban amenities especially because large pockets of land facilitate the construction of self-sufficient paradises of living.
- Nearly every premium builders in Chennai has shifted focus to Perumbakkam thereby accelerating the Real Estate development rapidly.
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