Perumbakkam: The affordable residential haven of Chennai

Perumbakkam in Chennai, a suburb in southernmost region, is profiting from the fast-evolving IT corridor in the (OMR) Old Mahabalipuram Road. The area also benefits immensely from the closeness with other prime localities such as Medavakkam, Sembakkam, OMR road, Velachery, among various other prominent ones.

Apart from being strategically located, Perumbakkam also witness the demand at the back of connectivity features it offers to the localities.

Connectivity

The Perumbakkam Road connects Tambaram Road-Velacherry; the prime locality of OMR is also only about 6 kilometres away. The road terminates at Sholinganallur and starts from Medavakkam.

Also, Perumbakkam is only 1 km east of the Medavakkam Main area. The locality is extremely well linked with Tambaram via the Velachery-Tambaram network and is close to Sholinganallur via Medavakkam-Sholinganallur route.

This fast developing residential center has more open space as compared to the close by IT hubs, which entices the majority of demand in this locality. The advantages Perumbakkam has to offer attracts Chennai property seekers here. In order to meet the ever growing demand, a number of developers are coming up with their new projects here. Two of the most prominent ones are:

• Radiance Realty
  

The one of the most well known name of Chennai real estate market, Radiance Realty, has recently added another name in the huge portfolio in the list of timely delivered projects in prime part of Perumbakkam of the city. Branded as Radiance Mercury, the renowned builder is offering 1 to 3 BHK apartment style units of 523 to 1452 sq. ft. area in the affordable price range of Rs. 16.5 Lac to 58.04 Lac. The luxurious space and low price range is not the only thing they are offering, along with the location advantage, radiance mercury also offers a number of globally renowned amenities to the occupants such reserved car parking, lift, park, paved compound, open space, gym, play area, among many similar ones.

• Urban Tree Infrastructures
  

The eminent builder group of Chennai, Urban Tree Infrastructures, has recently added another premium name in the list of its real estate developments. Marketed as Urban Tree Oxygen, they are offering 1 to 3 BHK of 421 to 1548 Sq. Ft. Area in the strategic location of Perumbakkam. Priced in the range of Rs. 16.77 Lac to 63.18 Lac, they are offering a number of amenities along with a large offered space, like club house, meditation centre, multipurpose hall, sports facility, open space, gym, swimming pool, shopping centre, restaurant, park, play area, etc. These amenities are developed according to the needs of occupants and the global realty standards. The amenities and low price are some of the main drivers of sale in this project.

Perumbakkam area is one of the prime areas among both property buyers and developers. If you too were planning to invest here, now would be a great time, considering the high rate of expected returns here.

Author Bio:- Tripti writes on the behalf of 99 acres.com. Her articles talk about new developments in the real estate industry. She is an avid fiction reader, craftsman and a keen observer. Being someone who just observes without having a point of view, she keeps herself updated in real time. You can reach her on G+