Property Location
  • 18 May 2018

Chennai houses some excellent locations where you can raise a family amidst green surroundings and in proximity to key social infrastructure, including schools. We list top three such locations.

In 2017, a study by a prominent website in the Indian real estate space revealed that home buyers and those looking to rent in Chennai – also in Delhi and Bengaluru - preferred 2 BHK flats in both the affordable and luxury housing segments. Over 40% of the people surveyed were interested in 2 BHK homes, while approximately 20% preferred 3 BHK homes.

If you are looking to set up home in Chennai and have a growing family to think of, you could consider these three fast-growing locations in the IT city:

1) Avadi: Avadi properties offer all the advantages of a fast-developing suburb located off NH4 and close to the Outer Ring Road, to the North West of Chennai. Rapidly emerging as an affordable housing hub, Avadi’s strategic location ensures easy access to industrial clusters like Sriperumbudur and Oragadam. Located near Chennai city, Avadi is well connected to the main city via bus and train services. In addition to local trains, many long-distance trains to Andhra Pradesh and Karnataka also halt at Avadi. Boasting a strong military lineage, Avadi is surrounded by major defence establishments. The area is also rapidly developing into an IT hub, with significant employment potential. In addition to industrial infrastructure, Avadi boasts well-developed social and retail infrastructure. Families with children can be rest assured as Avadi is a strong education hub with reputed schools and colleges. In fact, encouraged by the positive prospects of the location, several developers have cast a keen eye on the suburb, and new projects are being added to its skyline with increasing frequency.

Mahindra Lifespaces chose Avadi as the location of its first affordable housing project in India, aptly named ‘Happinest, Avadi’, in 2014. These 1 BHK and 2 BHK houses for sale in Avadi are located just off the Poonamalle-Avadi High road, with good connectivity to schools, public transport hubs, and also the Ambattur IT parks. Coming home to your beautiful Happinest apartment in Avadi at the end of a long day at work is a joy worth experiencing!

2) Thiruvanmiyur: This locality is much preferred among the young IT crowd, owing to its proximity to the Rajiv Gandhi IT Expressway. Over the years, a growing number of HNI’s (High Net-Worth Individuals), NRIs and senior IT professionals have set up base in the area. Apart from proximity to prominent commercial establishments, Thiruvanmiyur is located close to other premium locations such as Anna Nagar, Besant Nagar and Adya. The Thiruvanmiyur MTRS Station is close by (connecting Chennai Beach to Velachery).

3)Teynampet: This locality has risen fast among its ranks as a luxury investment destination for discerning buyers. It is estimated that property prices in this locality have grown by a whopping 150% from 2016 to 2017. It boasts of a robust commercial sector with lucrative jobs across many sectors of business. At the same time, its proximity to the Nagapattinam Chennai Highway, the Chennai Central Railway Station and the international airport make it an attractive housing destination. You can take your pick of 2 BHK - 5 BHK apartments in premium luxury housing projects here.



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