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Things to know about when investing in Pallikaranai, Chennai

June 27, 2018 | Admin

Things to know about when investing in Pallikaranai, Chennai

The region of Pallikaranai is a much sought after residential location of Chennai. The region has been attracting home buyers and investors for its large variety of buying options. You can own a plotted development or go for affordable or premium gated community developed by well-known builders. One of the prime affecting the residential demands of this region is its proximity with the IT hub on the Old Mahabalipuram Road (OMR). A large part of the workforce working in the area and the huge college going crowd opt for a rental property in this region. The region is only 13.5km from the Chennai International Airport.

The region in and around Pallikaranai is witnessing fast infrastructural development. Numerous bridges are being constructed along with the development of a plan for an outer ring road. There is an ongoing road construction in Velachery and Madipakkam that is causing traffic jams in this region. Widening of present roads and construction of newly planned roads is set to take three more years. The region is soon to be connected to the monorail network of Chennai. Due to the mindless construction over the eco-sensitive zones of Pallikaranai the structures are unbalanced and have no longevity. When investing in the region the investors must inquire about the environmental clearance granted to the project.

About the projects by Puravankara Group

About Purva Windermere

Developed on an expansive land piece of 55 acres the exotic residential complex of Purva Windermere is a feast for once eyes and soul. The carefully designed complex offers you spacious 1, 2, 3 and 4 BHK apartments spanning over an area ranging up to 2712sq.ft. The property prices start at Rs. 30.99 lakhs. The estate includes 21 blocks of residential towers that comprise of a stilt plus 7 floors. The blocks have been equipped with automatic lifts, power backup system, constant water supply, ample car parking, waiting lounge, and much more. Amenities offered inside the estate include, landscaped gardens, clubhouse, swimming pool, meditation centre, shopping centre, restaurant, gym, kids’ play area and more.

About Purva Swanlake

The mesmerising gated community of Purva Swanlake is the latest presentation by Purvankara Group. Spread over 10.5 acres of prime land this is an outstanding property located at OMR, Chennai. The 15 residential towers of the estate are offering a total 729 exclusively designed contemporary homes. The high-rise towers comprise of basement and stilt plus 9/10/11/14 floors. 3 BHK abodes spanning over an area of 1750 sq.ft. are available for sale at a price of Rs. 65 lakhs. The homes have been furnished with quality fittings and have a Vaastu compliant design. They are equipped with intercoms, power backup facilities, rainwater harvesting, constant water supply, and more. Amenities offered to the residents include, clubhouse, creche, swimming pool, gym, and more.

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