Positioned in south Chennai, Tambaram is gaining fame in terms of realty investment. Professionals say that land near Tambaram promises great return of money. Therefore what features makes the location so familiar among the property buyers in Chennai? The price of the land rate in Tambaram is starting from 13.18 Lakhs for 1650 sq. ft.
Also return of investment is seeing growth of 8% yearly increases demand for land value in Tambaram among the buyers and shareholders. Due to these aspects, people in this zone are showing more interest to invest in residential land for sale in Tambaram. Young professionals coming to Chennai for the work opportunities are giving more importance to buy the plots for sale in tambaram in order to gain high returns. It started emerging as a suburban are mainly due to its closeness to the IT corridors impacts the residential land for sale near Tambaram.
Locality is surrounded by industrialized areas and is like a satellite hub, the city node that joins to the GST Road and Velachery Road increases the land rate in Tambaram over the years. While the transportation from this area to all the other parts of the city is so perfect, people would certainly gaze at purchasing land for sale near Tambaram than anywhere in the city. Also the people are referring some property portals to know more about the land value in Tambaram. Although there are numerous residential varieties available along the suburb, therefore purchasers in the city wish to buy land for sale in Tambaram because of its well-developed public and physical infrastructure. People in this region can reach the Chennai Airport within 10 mins drive.
Hence the land near Tambaram has already observed a 10-15% growth due to the investment values, though there is a remarkable increase of over 20% in the explorations produced in the past 4-5 months. Rather than the residential properties commercial land value in Tambaram west is ranging from Rs.35000 for a per SqFt . The IT parks like SRM Tech Park, Ascendas Mahindra city IT Park, Shriram The Gateway SEZ and MEPZ are placed in and around the region. Because of this proximity the land rate in Tambaram is thriving over the years. The price of the land for sale in Tambaram Mudichur Road is 24 lacs for a 1500 sq. ft. The people who invest in this residential suburb will get the twofold price of the land rate in Tambaram in the forthcoming years.
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