Chennai, a metropolitan city is making a mark in the real estate sector. Most of the localities of Chennai are developing and creating a new niche for itself, one such township is Perungalathur. The name Perungalathur name is derived from the Perungalathur Lake, which means “A place with Big Lake”. Perungalathur is a suburb in the southern western part of the Chennai and comes under panchayat town in Kancheepuram district and is just 3 kilometers away from Tambaram.
Perungalathur is nestled between Tambaram and Vandalur on NH45 highway. This locality is very well connected via rail and road links. Chennai Airport is around 13 kilometers from here and the nearest station is Perungalathur railway station. Also, the proximity to Tambaram railway junction and Arignar Anna Zoological Park in Vandalur has given good connectivity to places like Chennai, Chengalpattu and Kanchipuram. Places like Guindy, Maraimalai Nagar, Paddapai, Oragadam and Sriperumbudur, which are hub for industrial sectors, are easily accessible via road or rail. All MTC buses headed for Vandalur passes through Perungalathur. Share autos can be hired on Nh-45 to go to interior areas. Perungalathur is the hub for most of tourist bus operators and many have offices near the railway station. The neighbourhood areas include: Peerkankaranai, Sriniasa Nagar, RMK Nagar, East Tambaram, Kamaraja Nagar, Urapakam and Lakshmipuram.
The Chennai bypass road NH4 marks-off from NH-45 after Peerkankaranai and is north bound towards Maduravoyal. Newly opened underpass to access NH-4 from Tambaram is helpful to the commuters who travel between Irumbuliyur and Peerkankaranai.
This place is surrounded by good educational intuitions. Few good educations institutes in and around are, SRM University, Crescent University, Eva Stalin Business School, Government Schools, Vivekananda Vidyalaya, St. John Matriculation School, M.G.R Matriculation School and Eva Stalin IAS Academy. This locality is a perfect blend of different religions as one can stroll to kamatchi Amman Temple, Muthu Mariamman Temple and Sai Baba Temple and can then find the Infant Jesus Shrine, Lord of Lords AG Church and Masjid e Muhammadiya and Masjid e Rahmaniya at the other street.
Perungalathur Lake provides adequate quantity of water for its residents throughout the year. Drinking water is supplied via pipelines from town panchayat on street taps and connection is provided to apartments in Perungalathur at a nominal fee. Paler water lines are also accessible in few places in Perungalathur. The inner roads are wide and most of roads are concreted.
The proximity to Tambaram and Vandalur is the major cause for development of Perungalathur real estate. A bundle of plans are proposed in Perungalathur which are major cause for the flats for sale in Perungalathur:
• Phase 1 Monorail Project
• A road overbridge that would replace the LC-32 and had been embedded with the proposed Rs.50 crore Eastern Bypass project of the Highways Department, which will connect with Velachery Main Road at Rajakilpakkam and GST Road near the Perungalathur station.
• An Pedestrian subway would be built to replace LC-33
This locality is witnessing the development of IT SEZ, which is a joint venture between Sriram Properties Limited and Sun-Apollo. Once completed, it will house IT companies, retail malls, serviced apartments and multiplexes, which might increase the demand of residential apartments in the area.
The ongoing projects in Perungalathur are: Dhana Bhakiyarm Phase I and II by Maha yogam Homes, Rainbow Nest and Rainbow Utsav by Rainbow Foundations. Sri Raghvendra Foundation is the most prominent builders in Perungalathur who are constructing around four apartments here: Guru Paradise, Guru Vihar, Guru Nivas and Guru Enclave.
The average price of flats in Perungalathur is Rs. 4,128 per square feet and the Residential plot in Perungalathur may cost around Rs. 25,762 per square feet. If one is willing to take a rental house, it may cost around Rs. 46 per square feet.
Perungalathur is a peaceful place away from the pollution and hassles of the city and the proposed plan from the government will bring it into the arclights very soon once completed. Thus, investing here might yield ripe returns.
Perungalathur is nestled between Tambaram and Vandalur on NH45 highway. This locality is very well connected via rail and road links. Chennai Airport is around 13 kilometers from here and the nearest station is Perungalathur railway station. Also, the proximity to Tambaram railway junction and Arignar Anna Zoological Park in Vandalur has given good connectivity to places like Chennai, Chengalpattu and Kanchipuram. Places like Guindy, Maraimalai Nagar, Paddapai, Oragadam and Sriperumbudur, which are hub for industrial sectors, are easily accessible via road or rail. All MTC buses headed for Vandalur passes through Perungalathur. Share autos can be hired on Nh-45 to go to interior areas. Perungalathur is the hub for most of tourist bus operators and many have offices near the railway station. The neighbourhood areas include: Peerkankaranai, Sriniasa Nagar, RMK Nagar, East Tambaram, Kamaraja Nagar, Urapakam and Lakshmipuram.
The Chennai bypass road NH4 marks-off from NH-45 after Peerkankaranai and is north bound towards Maduravoyal. Newly opened underpass to access NH-4 from Tambaram is helpful to the commuters who travel between Irumbuliyur and Peerkankaranai.
This place is surrounded by good educational intuitions. Few good educations institutes in and around are, SRM University, Crescent University, Eva Stalin Business School, Government Schools, Vivekananda Vidyalaya, St. John Matriculation School, M.G.R Matriculation School and Eva Stalin IAS Academy. This locality is a perfect blend of different religions as one can stroll to kamatchi Amman Temple, Muthu Mariamman Temple and Sai Baba Temple and can then find the Infant Jesus Shrine, Lord of Lords AG Church and Masjid e Muhammadiya and Masjid e Rahmaniya at the other street.
Perungalathur Lake provides adequate quantity of water for its residents throughout the year. Drinking water is supplied via pipelines from town panchayat on street taps and connection is provided to apartments in Perungalathur at a nominal fee. Paler water lines are also accessible in few places in Perungalathur. The inner roads are wide and most of roads are concreted.
The proximity to Tambaram and Vandalur is the major cause for development of Perungalathur real estate. A bundle of plans are proposed in Perungalathur which are major cause for the flats for sale in Perungalathur:
• Phase 1 Monorail Project
• A road overbridge that would replace the LC-32 and had been embedded with the proposed Rs.50 crore Eastern Bypass project of the Highways Department, which will connect with Velachery Main Road at Rajakilpakkam and GST Road near the Perungalathur station.
• An Pedestrian subway would be built to replace LC-33
This locality is witnessing the development of IT SEZ, which is a joint venture between Sriram Properties Limited and Sun-Apollo. Once completed, it will house IT companies, retail malls, serviced apartments and multiplexes, which might increase the demand of residential apartments in the area.
The ongoing projects in Perungalathur are: Dhana Bhakiyarm Phase I and II by Maha yogam Homes, Rainbow Nest and Rainbow Utsav by Rainbow Foundations. Sri Raghvendra Foundation is the most prominent builders in Perungalathur who are constructing around four apartments here: Guru Paradise, Guru Vihar, Guru Nivas and Guru Enclave.
The average price of flats in Perungalathur is Rs. 4,128 per square feet and the Residential plot in Perungalathur may cost around Rs. 25,762 per square feet. If one is willing to take a rental house, it may cost around Rs. 46 per square feet.
Perungalathur is a peaceful place away from the pollution and hassles of the city and the proposed plan from the government will bring it into the arclights very soon once completed. Thus, investing here might yield ripe returns.
I think the property value is increasing gradually in Perungalathur as this location is having good basic amenities and great connectivity with other parts of the city. So it will be the promising future residential hub.
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