Namma family builder - Real-Estate in chennai, tamil nadu

The real estate market of a specific region is affected by factors that are specific to that region.

The real estate business of an area will gain momentum due to urbanization, Growth of the IT sector, and the development of affordable housing.

The proper commutation and improved facilities will help a region soar in popularity.

The proposed projects in an area will always act as a catalyst for the growth of the area.

It is clear that in the future Guduvanchery real estate market is going to have more progress and demand.

The demand for the plot in Guduvanchery is set to grow manifold in the next 10 years.

The TIDCO selected 250 acres of land in Potheri and 100 acres of land near DLF in Chennai for their proposed project Financial Tech city in a “ Hub and spoke” model.

The hub and spoke model financial tech city will have international banks and stock exchange centers at their place.

A good number of business transactions will take place regularly in the Financial tech city.

The Potheri is in Kattupakkam, Kanchipuram district. The nearby Maraimalai Nagar, Guduvanchery, will benefit significantly from this proposed project.

Approximately 25,000 to 30,000 people will get job opportunities from this proposed project.

Tremendous growth will happen in these areas.

The capital land India division, a Singapore-based multinational company invested 1500 crores for the Pallavaram tech park.

They selected 23 acres for their project “ International Tech Park – Pallavaram tech park “on ITPC roads near Pallavaram.

The expected job opportunities will be 35,000 to 45,000 in numbers.

Plots are of multiple sizes, multiple areas, and at multiple locations more of residential nature than commercial.

The population of the Guduvanchery and all the nearby locations have a long-time desire of owning a plot of their budget.

The affordable range makes this middle class come forward for the purchase of plots in chennai.

Real estate people are able to feel the pulse and are very active to grab the chances then and there. All the above factors lead to an increase in the number of people in the real estate business.

An increase in the IT sector leads to huge cash income and income growth in the surrounding areas.

This in turn serves as a motivation for people to start and open many retail outlets.

The retail people realized the untapped potential. So quality retail space is beginning to grow in residential areas.

The Metro Railway Service – Metro phase 2 project will provide service between the airport and Kilambakkam. This project will be completed in 2025.

A new Railway line between Guduvanchery and Sriperumbudur is proposed for better commutation between the two areas.

Vandalur to Puzhal and Velachery – Monorail project is a new monorail project on the pipeline for better connectivity between the areas.