The Preamble:
It is well known that India is swiftly shifting its way of living; this
shifting may cause changes in opportunities as well as living style. Chennai
proffers its residents an extensive range of enriching, cultural healthy and
lavish lifestyle.
Chennai has
about 7 million people but still seems to be less crowded than other cities of
India probably because of the large area it covers. Commuting in the city
also does not pose much of a problem for individuals residing there as
transportation is easily available.
It is a known
fact that the South culture is very rich and the Tamil civilization is an
ancient one that still posses’ elements that have stayed unchanged from the
past customs. Chennai is a secure and hospitable Indian city with effortless admittance
to picturesque beaches, wildlife parks on the outskirts and well designed
societies. It can be said that on an
average the city is captivating, diverse, comfortable and secure to live in especially
for the ones who are either working singles, studying or even couples.
Chennai is
one of those cities of India where real estate companies are investing these
days and intend to begin new 5-star or business hotels. Genuinely speaking,
real estate subdivision in Chennai is growing rapidly and accomplishing heights
of grandeur yet again. Recently, there has been a boost in the number of flats
and society set ups in various areas of Chennai especially towards west due to
endeavours of big real estate owners. Thus, it is advice by most of the real
estate experts to buy flats in Chennai.
One such area
that is growing remarkably as far as real estate residential properties are
concerned is Poonamallee. Poonamalle
was initially known as Poovirundhavalli but with changing times and
culture the name has also changed. It is part of Chennai west and offers varied
options in flat for sale in
Chennai. The place is on a high rise these days and is considered to be a
suburb with prosperous culture, strong moral roots and equally strong modern
world civilization adaptation. One of the most quiet and serene areas of
Chennai is now turning into a well developed residential hub. Before investing
in Poonamallee, it should be known that it is administered by the Municipality
of Poonamallee; the traffic is looked after by Chennai traffic Police and is
managed directly by Greater Chennai Police. The place has gained a lot of importance
and is one of the most politically and socially significant places of South
India, especially because one of its court systems dealt with the assassination
of former Indian Prime Minister Rajiv Gandhi.
An emblematic
accommodation of 1 BHK flat in
Poonamallee can start from a meagre INR 3000 per sq. feet and go high up to
approximately INR 4500 per sq. feet. The approximate total value of single
bedroom apartments in the area falls in range of INR 20- 30 lakhs and this disparity
in the cost wholly depends on the category of services and facilities being
provided by the city. The prices also vary majorly due to access to important
facilities like transportation, health care, markets etc.
The Verdict
Undoubtedly,
Poonamalle is a place in Chennai where buying a property in coming years will
only profit and hence, it is advisable that no matter however expensive you may
feel the area is, go for it. A 1 BHK
flat in Poonamalle at this price is definitely a grab away opportunity. Chennai
is a growing city, it is becoming a global IT centre and hence, it would be a
prudent decision to grab a small property in the area which in approaching
years will surely provide immense benefit.
Author’s Bio – Sampurna
Majumder writes on behalf of 99acres.com which is a leading real estate portal
providing genuine and accurate information about the current real estate
trends, serviced apartments, studio
apartments for sale and different properties available across
various cities in India.
