A true gem, Chennai is one of the fastest growing cities in the country. It has managed to conserve the natural beauty of its pristine beaches while also undergoing significant infrastructure development. And Sholinganallur is a fast growing suburb in Chennai that has been attracting a lot of home buying interest.
Whether you are looking to buy a home for yourself or are an investor looking for significant returns in real estate, these are just some reasons to buy a home in Sholinganallur. There are options enough to fit any budget, with many existing and upcoming projects offering several attractive homes.
Even if you are looking for a house for sale in Chennai but haven’t decided on a locality, Sholinganallur is a great option to think of as it is considered as a peaceful locality and has easy access to great schools, colleges, banks and hospitals, in addition to housing several upscale eating joints and IT offices.
- Great connectivity to the various parts of the city – Proper connectivity and conveyance options are essential for home buyers. Sholinganallur is a suburb that’s easily connected to the nearest areas of Chennai like OMR, Perungadi, Velachery and so on via well-maintained roadways and quick trains. The southern suburb of Sholinganallur is a critical area in the IT Corridor and thus well-connected to other sections of Chennai via MTC and TNSTC buses. This intersection connects the East Coast Road to Tambaram and the Old Mahabalipuram Road from Adyar to Mahabalipuram. The neighbourhood is around 5 kilometres from the IT cluster. In the next phase, a metro station is planned to be built here.
- IT offices – Sholinganallur’s proximity to major IT businesses is the biggest perk and thus attracts many professionals who are employed in this sector. Gateway International, Siruseri IT Park, and PSBB Millennium are just a few of the nearby IT parks. You will come across many more such IT complexes when you search for a house for sale in Sholinganallur. Also, the Tamil Nadu Industrial Development Corporation (TIDCO) is building a financial hub in Sholinganallur that would house a number of international financial firms. Furthermore, with a growing number of individuals currently residing in OMR, this area is next to garner attention. Sholinganallur has all the amenities needed for a comfortable life.
- Better Lifestyle – The neighbourhood has individuals from all over the country because of the IT Corridor. Sholinganallur has a well-developed social and physical infrastructure, including schools, hospitals, and amusement centres. The Gateway, The Complete School, Apple Kids International Pre-School, St. Mary’s School of Management Studies, Ragas Dental College, and Mohammed Sathak College of Arts and Science are among the top schools and educational institutions in this area. It also has hospitals such as Lifeline Multi-Speciality Clinic, Global Hospital, and Chettinad Hospital. Apart from that, it has excellent dining and nightlife alternatives.
- The Sholinganallur Real Estate Market – Sholinganallur is one of Chennai’s fastest expanding neighbourhoods. It has a mix of affordable housing, high-end flats in Sholinganallur, and single-family homes. The average property price per square foot is between Rs 3,400 and Rs 8,700. There are numerous options from existing and upcoming residential complexes, in terms of both flats as well as individual houses. Many of these boast of modern facilities, a strategic location, a well-developed social infrastructure, and solid connectivity. All of this guarantees a comfortable lifestyle at affordable prices. Furthermore, once the Madhavaram–Shollinganallur metro train line is operational, the area’s real estate value is expected to appreciate.
OMR is without doubt one of the best real estate markets in which to invest. With a large number of MNCs opening their offices here, OMR has become a mega-IT corridor. While the entire OMR stretch is a good investment opportunity, Sholinganallur draws a lot of buyers and investors because it is an important OMR junction that connects the ECR and the GST Road. Sholinganallur’s outstanding connectivity, combined with its proximity to the city and important offices, make it one of the greatest areas in Chennai for real estate investment. When you purchase apartments in Sholinganallur from Casagrand, you can rest assured that its value will only rise over time.