Chengalpattu is a rapidly growing town or city that is increasingly gaining positive attention for being the developer’s and real-estate agent’s new hot-spot. About a decade ago, the potentials of this suburb may not have been visible to the masses. However, with its strategic location positioned at fifty kilometers from South Chennai, Chengalpattu was clearly destined to face rapid development and transformation. This sudden growth would most probably be credited to the need of expanded housing in and around Chennai that developers took up and slowly built a sturdy, well-established contemporary town vicinity, incorporating all of the latest commercial and residential properties in Chennai.
Chengalpattu, today, is one of the most well-known satellite hubs of Chennai. Also, being located at NH45 (National Highway 45), the town holds a great capacity and ability to boom in the business of enhanced industrial, commercial and trade development.
This current scenario of Chengalpattu can be compared with that of Gurgaon, a very popular suburb of the Indian capital, Delhi. With its humble roots, both of these promising cities gradually continue to expand as a land of opportunity for investors and developers.
Promising Developmental Projects
The airport-Chengalpattu elevator corridor project comes in as golden spoon opportunity for the city as it potentially holds the capability of attracting numerous builders and investors to execute and establish projects. An airport getaway is, no surprise, a very marketable domain. It implies more visitations and settlements. This is exactly what this project gives to the market of flats in Chengalpattu, an edge for enhanced growth. With this marketable idea, there have been numerous flats for sale in Chengalpattu that aims to provide accommodation for a demography that varies in different aspects, ranging from age to gender to occupation and a list of other different criterions.
Probably the determining factor making it the next big real-estate hotspot is the affordability of properties in the area. Several flats for sale in Chengalpattu come with a very friendly price tag. This attracts the market segment that aims for functionality and design in their residential homes that can be purchased with a pocket-friendly monetary value. Affordable homes in Chengalpattu are also extremely sought after since this determining factor is far distinct and more feasible as compared to the rate of properties in the neighboring area.
Especially with its site located in a very strongly connected area, it urges for the need of various other developmental projects that would provide the city with a boost in catering to various services, trades, and commerce. This includes the building of educational institutions, schools, colleges, hotels, hospitals, theme parks, restaurants, parks, etc.
With its extremely affordable price rate of properties, multiple large companies like Pepsi, Wipro, Mahindra and a lot more, already have its factories established around Chengalpattu. This gives opportunity and light to a whole new set of companies willing to set up in feasible areas like this.
Additional Read: Area Profile of Chanda Nagar