Sriperumbudur Real Estate – Sprawling Opportunity for Investors

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Sriperumbudur clearly reminds us of OMR in the early 2000’s. Those who bought property there at 5 – 7 lakhs in 2001 are now sitting on properties worth a crore. This sort of exponential increase in property value is where we are at where Sriperumbudur is concerned. Properties in Sriperumbudur that are valued realistically today will see the same sort of appreciation once the proposed infrastructure, meaning the green field airport and rail connectivity are established. Sriperumbudur, slated as India’s Detroit, due to numerous automotive manufacturing companies having their factories in the nearby areas, is set to grow even more in the years to come, as access infrastructure improves. Sriperumbudur has witnessed rapid industrial growth over the years, with major global players in the manufacturing segment venturing into the region. It’s connectivity to the Chennai Port, improved infrastructure, the establishment of SEZs and Software Technology Parks (STP) has provided the necessary push to the growth of real estate in this region. These factories and offices employ a large number of people, both local and expatriate. As they expand, so does the requirement for residential apartments and villas for the management staff. There are very few premium villas in Sriperumbudur suitable for expatriates who are used to top class fixtures and amenities. An array of developers has forayed into the industrial belt of Oragadam, in order to tap the potential growth in the automotive sector. The region is witnessing the development of large integrated townships and gated villa complexes. Sriperumbudur is the new Chennai and hence Sriperumbudur real estate is the next destination for lifestyle living and premium investing. Sriperumbudur, a landmark location on the Chennai-Bangalore highway is poised for rapid developments; many of which are already observed. Heavy industrial growth and proximity to numerous significant cities in and around Tamil Nadu easily escalates Sriperumbudur to the status of one of the most favored cities for living.

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ETA STAR PROPERTY DEVELOPERS LTD
Chennai Citi Centre, 4th floor, 10/11, Dr.Radhakrishnan Salai, Mylapore Chennai, Tamilnadu 600004
Phone: 044 3911 3911 URL of Map
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