IT Sectors Drives The Urapakkam Real Estate Market

The prime localities in the city such as OMR, Tambaram, Velachery and Chrompet, plots in Urapakkam near Railway station have its own benchmark for residential development. Since 2013 property report states that there is a maximum demand in the zone exists for dtcp approved plots in Urapakkam.

The region offers vicinity to Vandalur to OMR road, ORR, Tambaram, Oragadam. The average Urappakkam plots price are high and its area ranges from 1565-2400 sq. ft. Views for additional development area are surrounded by ORR which has always presented a space of opportunity for the growth of Urapakkam real estate. Being situated on National Highways is the main benefits for this suburb. Also, NH is the part of four-sided which connects to all major areas of the city thus in turn increases the Urapakkam land rates. According to the property survey, the region has witnessed the growth rate of 4 % for the plots for sale in Urapakkam.

In real estate business, experience of people plays a major role. While buying Urapakkam land for sale it is essential for buyer to seek the help of experienced person for right investment. People here are dream about own a dtcp approved plots in Urapakkam. Then due to the lack of planning, less financial support, etc. dream of owning is not satisfied in some cases. But at present, many people became the landlord of plots in urapakkam because many banks are providing housing loans. Even though, it is necessary for the individual to check all the terms and conditions properly before applying for it. Another important thing while purchasing plots for sale in Urapakkam compare the loan interest of each bank is very essential. If lower the interest rate, lesser will be the risky factor.

However the 1800 sq. ft. Urapakkam land for sale is ranging from 26 lakhs. The area is also well connected to leading IT strips like OMR, GST Road, Velachery, etc. Hence, Urapakkam plots price is pouring because the region is vicinity to Well-known corridor called Mahindra World City. Owing to the availability of many colleges, hospitals, MNC’s, etc. increases Urapakkam land rates. The zone has observed a value appreciation of up to 10 % and launches several residential properties upsurges the dtcp approved plots in Urapakkam. Due to the improvement of infrastructure, good connectivity and proximity to IT industries the real estate professionals say that Urapakkam real estate lasts to develop suddenly among the buyers and investors sector.