Suddenly, the apartments in Vengaivasal are in great demand today. Located at just 30 kms from the Central Business District (CBD) of Chennai, Vengaivasal is today witnessing major Real Estate developments in Chennai. The region may be currently home to only a few hundred thousand residents but is gearing towards major developments in the years to come. Several premium builders of Chennai have launched a number of residential projects in Vengaivasal. And today, prices of residential apartments and other properties here are a lot more affordable when compared to many other parts of Chennai. However, the same cannot be said in the next couple of years.
Vengaivasal - What you need to know?
Vengaivasal located near Medavakkam is no longer a distant suburb lacking urbanization. It is a small and beautiful region located in the southern suburbs of Chennai city. It is today a developing suburb but one that shows immense potential to grow into a thriving residential locality.
Connectivity
Vengaivasal is well connected to many of Chennai’s prime destinations like Medavakkam, Kovilambakkam, Tambaram and Sithalapakkam. The growth observed in these areas has directly reflected on Vengaivasal that is today growing at a big rate. The suburb railway station at Tambaram is just 8 kms from the region. It is also connected to the Vengaivasal Bus Terminus. Central Railway Station and Chennai’s International Airport are all in the vicinity and enable quick and easy access to destinations within and outside Chennai. Connectivity to workplaces is also the best from Vengaivasal. All important commercial hubs of Chennai like the IT corridor at OMR, SEZ in Tambaram and other industries are well connected to Vengaivasal. Hence, people working in these places find Vengaivasal to be one of the ideal places to live in.
Property Values
One of the most important benefits in Vengaivasal is that although the area is receiving much attention and focus from Real Estate investors and industry experts, the region still enjoys the benefits of low property values and rental income, with the Sunday apartments in Vengaivasal earning special mention.
Chennai has emerged as a city where investing in Real Estate property is challenging for middle income groups of people. This is when areas like Vengaivasal can offer abundant opportunities to develop and grow.
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