What makes Tambaram ideal for real estate investment?

The most happening hotspot in Chennai real estate in recent days is Tambaram. Tambaram is the southern gateway of Chennai. It has seen numerous developments in last decade that has helped Tambaram evolve from just a city outskirt to a large residential hub and a most sought-after locality. Tambaram has always been on news when it comes to real estate. Especially in the recent years, the number of new residential projects, residential plots for sale have been increasing a lot. The real estate projects in Tambaram is flooding in all kinds of real estate news in Chennai. Many real estate enthusiast expect Tambaram to witness a massive growth in terms of real estate and economic growth in another 4 to 5 years of time.

Ideal location, constant price appreciation, easy connectivity and presence of social and physical infrastructure makes Tambaram ideal for real estate investment. Separated by the railway station as East and West Tambaram, both the areas has its own positon in Chennai real estate. Various civic growth along this locality, presence of reputed educational institutions, road and rail connectivity makes both East and West Tambaram ideal for residential projects.

Though Tambaram is not closely located to popular IT hubs in the city, it offers easy road and rail connectivity to all important localities of the city. You can travel to any part of Chennai from Tambaram in MTC buses that covers most routes in the city offering easy accessibility to all the work places in the city. This is the main reason why people prefer to buy apartments for sale in Tambaram. Not only known for flats for sale, but there are also various plots for sale in areas in and around Tambaram such as Manimangalam, Mudichur, and Oragadam in Tambaram West and 

Tiruvancherry, Paduvancherry, and Ponmar in East Tambaram.

Close proximity to the International Airport, SEZ in Perungalathur, MEPZ in Sanatorium and other popular retail shops make Tambaram the most happening and most busy locality. Realty growth in Tambaram is mainly driven by manufacturing and commercial activities in this locality. Popular retail giants who were having their retail outlets only within the city limits have now started to launch their large outlets in and around Tambaram due to its growing demand and importance among the population. Commercial growth in Tambaram has lured investors towards it making many reputed developers to launch several new residential projects in Tambaram.

Tambaram also boasts good infrastructure, well-laid roads, and rail that contribute in upswing of real estate trends in this area. Apart from high demand for residential units, the rate of office space absorption is also very high here. Price is also another vital factor that fuels real estate growth in Tambaram. While you will have to spend more than Rs. 60 lakhs to buy a 2 BHK apartment within the city limits, you can buy one for just Rs. 40 to 45 lakhs in Tambaram without sacrificing on any basic amenities. The rate of appreciation here is also very good. You can expect a high return of interest from properties in Chennai.