Infrastructure Driving The Flat Prices in Chrompet Real Estate

Do you considering to purchasing apartments in Chennai with the budget range of Rs 30-40 lakh? Then, Chrompet can be your right choice. Positioned in South West of Chennai, Chrompet real estate offers more number of residential developments within the affordable budget range. On a prompt development, apartments for sale in Chrompet at present are one of the hugely demanded destinations for a home buying in Chennai.

Social and Civic Infrastructure:

The suburb enjoys great social and private infrastructure that positively booms and influences the property rates in Chrompet. The inaugural of the National Highway 109 otherwise known as the Pallavaram-Thoraipakkam Flyover has delivered easy connectivity to nearby regions such as Tambaram, Velachery, Pallavaram and Thoraipakkam.

This in turn enhances the realty trends in Chrompet. Suburb is covered by premium institutes like Sree Balaji Medical College, IRT Polytechnic College, Madras Institute of Technology (MIT), Tagore Arts and Science College and S.D.N.B Vaishnav College for Women. Apart from this, it is well-known for its eventful commercial properties in Chrompet real estate are busy with doings. The Government Hospital, Royal Balaji Hospitals, Parvathy Hospital and Deepam Hospital are some multispecialty hospitals in the suburb.

The suburb also flourishes the residential market in the nearby areas. So, there is an endless demand for the apartments in Tambaram for sale.

Connectivity:

Lies on the Grand Southern Trunk Road (GST Road), the locality is adjacent to Tambaram and next to Pallavaram providing excellent connectivity to the entire parts of the city. Apart from this, apartments for sale in Chrompet are around 5 kms from Chennai Airport and 2 kms the Tambaram Railway Station.

It is around 2 kms from Chrompet Railway Station which offers good connectivity to important regions of Chennai like Chetpet, Nungambakkam, Mambalam, Guindy, Meenambakkam, etc. Chrompet is also connected to the Chennai city through public modes of transportation facilities including the electric train facility. This transport services also bring increasing property rates in Chrompet. Furthermore, there is a bus depot in Hasthinapuram, an area on the east part of Chrompet Railway Station.

Property Trends in Chrompet

The realty trends in Chrompet have been seeing some upward and downward for the past quarters. The suburb bids ready to occupy apartments in the reasonable price range when compared to other regions of Chennai. The current property rates in Chrompet are Rs 3,500-4,500 per sq. ft. while neighboring regions provide residential units ranging from Rs. 5000 per sq. ft.

Buyers Take:

In terms of good infrastructure, Chrompet real estate is standing huge in demand among the buyers sector. This is because the small capital values and the nearness to the IT corridors in the city attract a voluminous demand for the residential properties in this region. Therefore, invest here is the most lucrative and affordable investment which also making an ultimate livelihood.