The flats for sale in Perungalathur are witnessing an increase in demand. One factor that is contributing to the growth is the most anticipated infrastructural project, the Kilambakkam Bus Terminus. Inaugurated by CM M.K. Stalin, this massive transportation masterpiece is now open to the public, making commutation a breeze and connectivity unconstrained. Let’s learn all about the Kilambakkam Bus Terminus, its impact on Casagrand Primrose and the real estate market in Chennai.
About the Kilambakkam Bus Terminus
Kilambakkam Bus Terminus, formally known as Kalaignar Centenary Bus Terminus, is a major development in Kilambakkam, Urapakkam, on the outskirts of Chennai, India. It is not only one of Asia’s largest bus stations but also functions as a modern transportation hub, connecting commuters to several cities, towns, and suburbs. It has undergone significant development in the past few years, owing largely to the transformation of the Old Mahabalipuram Road (OMR) and East Coast Road (ECR) into prospering IT hubs.
Features and Amenities of the Kilambakkam Bus Terminus
Other than the transportation and connectivity factors, what makes this exquisite bus terminus stand out is its distinguished features and amenities. The Kilambakkam Bus Terminus has a fantastic selection of facilities to meet the needs of drivers and passengers alike Let’s take a look at some.
- Kilambakkam Bus Terminus is carefully constructed with an enormous parking facility that can accommodate 350 buses at once.
- It has an exclusive 9.9-acre area designated for MTC bus parking, with an additional 2 acres set aside for motorcycles and bikes.
- It also includes ATMs, medical stores, two restaurants, malls, and 49 shops that serve various commercial purposes.
- Another notable feature of the project is the planned convention centre, which will display well-known goods from each district in Tamil Nadu.
Now that you know its features and amenities, let’s understand how it will impact the demand for apartments in Perungalathur and the real estate arena in general.
Positive Impact of Kilambakkam Bus Terminus on Casagrand Primrose and Real Estate Market
If you desire to buy property in Chennai, now is the right time. Especially if you’re looking for an apartment for sale in Perungalathur or perhaps a luxurious independent house, buying a home closer to the Kilambakkam Bus Terminus at Casagrand Primrose would be your best bet. To understand the “why,” let’s understand the impact this new infrastructural development has and will possibly have in the near future.
- Transportation: The Kilambakkam Bus Terminus is all set to revolutionise transportation in Chennai by covering significant locations within the city and providing services to various parts of Tamil Nadu and the rest of India. Casagrand Primrose is situated just 15 minutes away from the bus terminus. This makes Casagrand flats in Perungalathur a perfect spot to access other places via this facility.
- Connectivity: The bus terminus is strategically located closer to new flyovers and is expected to ease congestion in and around Koyambedu. The area will be more appealing to businesses and investors due to its excellent connectivity to the Outer Ring Road, Oragadam, and Sriperumbudur, as well as the GST Road. Casagrand Primrose is located on the Vandalur-Oragadam Road, making homes here worth every penny.
- Affordability and Pricing Potential: Real estate in Kilambakkam and its surrounding localities is currently affordable, but prices are on the rise due to the new bus terminus. Consider investing in the nearby areas now, especially at Casagrand Primrose Homes, which present an enticing opportunity for those seeking a lower entry cost.
- Educational Institutes: The proximity of the terminus to key educational institutions makes it an ideal choice for purchasing homes nearby, especially if you have children. Consequently, there has been a significant increase in demand for residential properties in this area.
- Social Infrastructure Development: Investing in an independent house for sale in Perungalathur, close to the industrial and service belts of Oragadam, OMR, and Mahindra City, offers promising commercial growth. The opening of the new bus stand is sure to enhance connectivity, fostering development in Kilambakkam. With that being said, you can also expect the emergence of entertainment spots and malls in the vicinity.
- Rental Income: As a result of the growing residential and commercial developments, a sizable fleeting population is expected, creating significant potential for rental income and property appreciation. As a result, purchasing an apartment or individual house for sale in Perungalathur represents a wise decision.
We hope this blog helps you understand the growth potential of real estate brought by the new Kilambakkam Bus Terminus. So, after reading this, if you have made up your mind to buy apartment in Chennai, homes closer to the terminus, that is, Casagrand Primrose, are a must-explore.