Is anyone is interested in purchasing plots? Try Urapakkam! The suburb is positioned in South Chennai providing more availability of plots within a wide variety of prices. As per the Prop Index data, the area is providing Chennai plots for sale starts from Rs. 10 lakh and goes over crore and above. These plots are available from the sizes ranging from 1000-1500 sq. ft.
The report also reveals that out of the entire residential units, source for Urapakkam plots for sale constitutes 50% in the Dec 2013 against the demand of 34% in the same period, while the supply of apartments is 11% in Dec 2013 against the demand of 27 %. This clearly shows that there is huge supply of plotted developments here and improves the Urapakkam land prices.
What makes the developers to provide more plotted developments?
Moving to south, majority of the real estate growth is occurring here due to the more availability of land banks. After Tambaram, Guduvancherry and Vandalur, which are nearer to IT hubs and SEZ corridors, Urapakkam is the locality which is best suited for the residential purpose. Another feature which is driving builders and buyers to pick the Urapakkam plots for sale is connectivity. The region is well connected to most important parts of the city through, the MTC (Metropolitan Transport Corporation) service. Also, the suburb is served by the Urapakkam Railway Station of the Chennai Suburban railway which operates a suburban railway service from Chengalpattu to Chennai Beach. These facilities impact the Chennai plot prices of this suburb. Furthermore the Chennai airport is located just about 15 km away taking the Grand Southern Road.
Therefore where the demand is came from?
The extreme demand for plots is come from the Chennaities who are shareholders and buyers. Particularly people who would desire to shift from apartments and construct their own houses in future are wishing to purchase Chennai plots for sale in this suburb. In spite of being vicinity to the IT and manufacturing hubs, Urapakkam provides greener and tranquil atmosphere. Besides, the report indicates that Urapakkam land prices have witnessed the noticeable increase of 10-12% from the year 2013. Locality is one of the rapidly developing regions of Chennai and bids good livability.
Buyer’s Take:
Most extensive range of properties and improved connectivity at present may be considered to be most important feature which is driving the realty market of the Urapakkam. But, commercial developments in future can surely prove to be a game changer for realty in the region. Hence this is the right time to make your investment here which is the most lucrative one.
What makes the developers to provide more plotted developments?
Moving to south, majority of the real estate growth is occurring here due to the more availability of land banks. After Tambaram, Guduvancherry and Vandalur, which are nearer to IT hubs and SEZ corridors, Urapakkam is the locality which is best suited for the residential purpose. Another feature which is driving builders and buyers to pick the Urapakkam plots for sale is connectivity. The region is well connected to most important parts of the city through, the MTC (Metropolitan Transport Corporation) service. Also, the suburb is served by the Urapakkam Railway Station of the Chennai Suburban railway which operates a suburban railway service from Chengalpattu to Chennai Beach. These facilities impact the Chennai plot prices of this suburb. Furthermore the Chennai airport is located just about 15 km away taking the Grand Southern Road.
Therefore where the demand is came from?
The extreme demand for plots is come from the Chennaities who are shareholders and buyers. Particularly people who would desire to shift from apartments and construct their own houses in future are wishing to purchase Chennai plots for sale in this suburb. In spite of being vicinity to the IT and manufacturing hubs, Urapakkam provides greener and tranquil atmosphere. Besides, the report indicates that Urapakkam land prices have witnessed the noticeable increase of 10-12% from the year 2013. Locality is one of the rapidly developing regions of Chennai and bids good livability.
Buyer’s Take:
Most extensive range of properties and improved connectivity at present may be considered to be most important feature which is driving the realty market of the Urapakkam. But, commercial developments in future can surely prove to be a game changer for realty in the region. Hence this is the right time to make your investment here which is the most lucrative one.