Planning to buy a residential plot in Chennai?
Well, you have made the best decision! With rapid urbanization, new infrastructure advancements, and an increasing demand for villa plots for sale in Chennai, some localities are developing as hotspots for real estate investments.
What would you do with overwhelming choices from the best land promoters in Chennai?
Of course, you must do your bit of homework to choose an apt residential plot in Chennai. Partnering with experienced real estate companies in Chennai will help you know all about the developing and hot-selling localities to make an informed decision.
So, what will the blog help you with?
- The most promising localities to choose the perfect residential plot in Chennai and
- The undeniable benefits of buying in these developing prime localities
Are you looking at villa plots for sale in Chennai? DO NOT miss these localities.
1. Thirumullaivoyal.
A Growing Suburb with High Potential
Did you know, that Thirumullaivoyal has witnessed a 35% rise in property prices over the past 3 years?
Location highlights
- The once quiet, suburban locality, is now turning into one of the most sought-after spots in Chennai.
- Close to the Chennai-Bangalore Highway, it is perfectly positioned for office-goers and also offers a spacious & peaceful home setting.
- With easy connectivity to the city & industrial hubs like Poonamallee, & the
Price Trend
What do you think must have led to the locality’s positive price trend?
- The upcoming roadway projects.
- The boom of residential developments.
- Prospects of infrastructure advancements and
- Affordable pricing!
So, if you are a buyer looking for an ideal investment with long-term returns, check out plots in Thirumullaivoyal.
2. Perungalathur.
Southern Chennai’s Rising Star!
Did you know, that Perungalathur has witnessed over 40% rise in demand for plots in the last 2 years?
Why do you think so?
Strategically located just off GST Road, find the best residential plot in Chennai for a perfect balance between urban amenities and suburban tranquillity.
Location & Price benefits.
- Excellent connectivity with the Chennai Airport, IT hubs, & commercial areas like Tambaram and GST Road.
- With new major infrastructure upgrades, including flyovers and improved public transport, property demand in Perungalathur continues to surge.
3. Thirumazhisai.
A Quiet Locale with Big Potential!
Did you know with over 50% price hike in villa plots for sale in Chennai, Thirumazhisai is one of the fastest-developing industrial hubs in Chennai?
Location benefits.
- As an up-and-coming residential area on the outskirts of Chennai, it is a favourite locality for those looking to be in proximity to the industrial zones of Sriperumbudur while in a peaceful environment.
- What’s the catch? Lower land costs and a calmer environment, without compromising on future value, make this locality a hidden gem.
4. Ponmar.
A Growing Residential Hub
Did you know, the OMR-Ponmar area has seen a 25% annual growth in real estate demand since 2018?
Ponmar is the sought-after area not only for buyers looking for a residential plot in Chennai but also for the top real estate companies in Chennai.
Why do you think so? Because of the;
- Rapidly developing southern Chennai locality.
- Connectivity to IT hubs in Siruseri.
- The uptick in residential & commercial developments.
- Accessibility to OMR & the major commercial corridor in Chennai.
- The development of the Chennai-Bengaluru Expressway.
The land promoters in Chennai, leveraging on these advancements & the demand for villa plots for sale in Chennai, Ponmar’s real estate market is expected to grow substantially over the next decade.
Related: Why is investing in a plotted secured community a smart move?
Why buy our plots?
- Located at the most-developing locations in Chennai
- Few minutes from the IT hubs, schools, hospitals, malls.
- Proximity to Chennai highways & city connecting roads.
- Potential for high value appreciation.
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Now, that we are well aware of the top developing localities in Chennai, let us take a closer look at why these areas are worth your investment.
Benefits of buying a residential plot in Chennai in one of the top localities.
A. Affordable Pricing with High Growth Potential
Compared to established localities like Adyar or Velachery, these areas are still relatively affordable and are expected to further rise significantly in the next 5-10 years.
Buying now means you can take advantage of the lower prices before they skyrocket as these areas develop further.
B. Strategic Location with Excellent Connectivity
The above-mentioned top localities offer incredible accessibility to key commercial zones, transportation hubs, and educational institutions.
This means less commute time and more convenience for working professionals.
Did you know? With Chennai’s expanding metro and new suburban rail corridors in the pipeline, these locations will become even more accessible.
C. Rising Infrastructure Development.
To arrive at a befitting residential plot in Chennai, in one of these top localities, one has to look at the progress in the infrastructure.
Because a locality with advancing infrastructure projects brings along price hikes, more demand & scope for appreciation.
D. Serene Living with Urban Convenience.
The renowned land promoters in Chennai in many of these localities offer the best of both worlds – ample greenery coupled with the latest urban amenities.
This makes it ideal for families looking for a serene yet well-connected locality to live in.
E. High Return on Investment (ROI)
It isn’t a surprise that the rising demand for a residential plot in Chennai will only lead to increasing land values, bringing along great growth prospects.
The Right Time to Invest is Now!
Before you take the leap, ensure to partner with the reputed real estate companies in Chennai.
Will you miss a chance to partner with one such realtor in Chennai?
Elephantine Enterprises with over 12 years of industry expertise offers all of the above rewards. Visit their website to discover their celebrated services and successful ongoing projects.
