Ennore Chennai – Emerging Investment Destination | Ennore Port and Beaach

Ennore is a well-known neighborhood in Chennai, located on a peninsula. The whole area is bounded by the Kosasthalaiyar river, Ennore creek, and the bay of Bengal. The Ennore creek creates a division of South Ennore and North Ennore. The Ennore creek is 400 m wide and 20 km North of the city center. It is 2.6 km south of the Ennore port. 

North Ennore is the house of North Chennai Thermal Power Station and has Ennore port. The Ennore railway station serves the whole neighborhood of Ennore. For a long time, this entire area of Ennore has been popular because of its continuous growth in industrial projects, like thermal power, fertilizers production, industrial ports, etc. It is also growing as a small tourist spot with famous attractions like Ennore Beach, Ennore Port Chennai, Veera Aqua, Tiruvottiyur Beach, and Thirumanangal Eswarar – ThiruvudaiAmman Temple.

But what is more interesting about this place is the profitable opportunities for investment. Many investors and big companies look forward to getting their houses in this locality in Ennore, Chennai. The only question is how beneficial it can be for new investments. Will it give a good return on the investment? We have gone through the detailed information about Ennore. All of these pieces of information are capable of deciding whether the place is an emerging investment destination or not. We are here to assist you if you are interested in learning more about this fact. 

Let’s talk about this in detail.

Factors that can help Ennore to be the next investment hub 

Ennore is experiencing a lot of opportunities right now. The city will be one of the most significant investment hubs in the upcoming days. But there are a few factors that decide if the locality is good for investment or not.

It is a brainer that investors are always attracted to those places which are packed with opportunities to make money. To understand if the city or the locality is good to invest in or not, investors start to assess the attractiveness of the town. It includes gauging return or profit from the city, the scale of profitability or risk from the city, etc. 

Usually, places like Ennore have complex economics, which means a lot of factors affect the return from the locality. Investors always draw down those factors according to their features. 

Here is the longlist of those factors that helps to assess the city in terms of characteristics and behaviors of the locality.

• Economic factors
  • The growth rate of enterprises and jobs
  • Affordability of infrastructure
  • Quality of available infrastructure
  • The strength of the economy
  • Skills and development of the workforce
  • Education and research details of education
  • Trading relationships with all Indian states or foreign countries
  • Sector makeup of the economy
  • The environment of the city
  • Liveability of the location
  • Quality of placemaking

• City governance
  • The vision of the city
  • Strategic plan if the locality to clear the vision
  • Leadership development and attitude-building capability
  • City management system
  • Data provision and information details

• Information regarding the location
  • Population size and number of jobs if the city
  • Available lands or assets public in the locality
  • Regulations regarding planning system within the location
  • The taxation system of the town, along with incentive design
  • Cost of new construction
  • Financial accessibility

Characteristics preferred by investors most highly

Investors love some characteristics that indicate if the city or the locality is an excellent location to invest in or not.

And when it comes to the characteristics of the location, almost all investors or developers pen down the same properties for all areas. A few differences can be there, but the overall points are always the same. 

Investors consider the important city characteristics to be

• A strong economy with good growth potential
• Well-connected transportation service
• Leadership development in the city
• A good focus on delivery

These are some basic features or demanding points of view of investors. Let’s talk about these points.

1. A strong economy with good growth potential

A good economy with a vast and expanding population of businesses and other small enterprises demands more offices, houses, shops, etc. And demand indicates more investment. This factor draws interest in investors’ eyes. Investors love to collect and focus on highly skilled workers. Highly skilled workers attract more productivity, well-paid job options, knowledgeable ideas, etc. It will create a well-educated workforce that is more resilient to economic changes. This kind of workforce has a remarkable ability to adapt new ideas, new work scopes, and much more to grow the economy, attracting investors. 

Also, a strong economy must be supported by good infrastructure. Investors always demand their occupiers have the best quality spaces and digital connectivity. Especially digital presence is one of the most demanding infrastructures for any business. All of these factors can be evaluated through any recent statistics of the city or the locality that shows how developed the city is to invest and get a higher return on the investment.

2. Well-connected transportation service

A well-connected city stays on the priority list to get investment. Good transportation service indicates access to businesses, workers, supply chains, lower transportation costs, higher productivity at a lower price, etc. It will always attract people if the locality is located near railway stations or highways. Also, a place can be on the demand list if there is any plan for future development. Simply put, investors want to see visible connectivity through various transportation modes. 

3. Leadership development in the city

Any location should have a good attitude and behaviors in leadership quality. It influences all investors to make decisions quickly. When there is a good leadership development quality, it will give an ambitious signal to investors of a pro-investment attitude throughout the locality. Long-term consistency in leadership development is another factor that attracts investors. 

Long-term consistency and clarity in development help to build trust, and it puts the boundary against unforeseen issues and extra costs. Excellent and compact leadership can also draw the attention of the central government so that investors can be sure that the leadership quality is genuine and that there will be no such fraudulent activities. Usually, investors do assessments before making decisions if the locality has emerging leadership qualities. Investors consider some points like

1. Previous statements
2. The reputation of the leadership in other industries
3. Level of resources committed to financial development
4. Type of devolution of the locality 

4. A good focus on delivery

For a good investor, the openness to investment must be reflected in everyday decisions and progressions. Investors like to be treated sometimes as a customer so that they can understand if the city welcomes its customers with utmost priority. Even if the welcoming process of investors is quite good, the process of all works is slow and restrictive, and it will not draw a good image of the city. Also, one of the best things is a team that understands the private sector and public investment and development. A higher willingness to flex processes and provide incentives can be other good points to be considered as an emerging investment hub these days. 

As we learned all these factors that help investors to decide if the locality is good to invest in or not, here we can discuss why Ennore is an emerging investment destination these days.

Upcoming development and projects in Ennore, Chennai

Ennore is getting more exposure right now. To grow good connectivity in this neighborhood of Chennai, there will be the Chennai Peripheral Ring Road or CPR road. The first phase of this CPR road will include a link road that will connect the Northern port access road to the Chennai Outer Ring road. This will be a six-lane project of 25.31 km distance. The entire project is handled by the prestigious Tata projects limited. Within three years, the whole project will come to an end.

Larsen and Toubro recently got a contract to build the second phase of this Chennai Peripheral Ring Road or CPR road. The company will construct a six-lane highway with a length of 12.80 km. It will be from Thatchur to Thiruvallur bypass. 

Road connectivity of Ennore, Chennai

Chennai Ennore has rich connectivity to NH 48, NH 716, NH 32, and NH 16. The locality also has access to ORR, which is going on. The area is also served by three railway lines: the Gummidipoondi railway station, the Kavaraipettai railway station, and the Ponneri railway station.

Physical infrastructure and connectivity of Ennore Chennai

The Southern part of the Ennore locality is a wholesome residential area, whereas the northern part is getting industrial exposure. The locality is situated near various prominent areas like Ernavur, Sadayankuppam, Wimco Nagar, and Jeevanlal Nagar. As many neighborhoods are nearby, there is a massive chance of investment in independent houses, villas, plots, apartments, etc.

Connectivity is also too good because of the local transportation services like autos, buses, cabs, etc. Ennore railway station is also there to enhance the connection between various places. 

Social and retail infrastructure within the Ennore neighborhood

Ennore is getting developed every day. Many educational institutions, healthcare units, hotels, shopping centers, etc., are there, which is a more extensive scope for investment in various stages.

Here is the long list of those infrastructures in Ennore.

• Educational institutions in Ennore
  • Kavi Bharathi Vidyalaya
  • Holy Cross Matriculation School
  • Sri Sankara Vidya Kendra Matriculation Higher Secondary School
  • Nehru Matriculation Higher Secondary School
  • Vellayan Chettiar Higher Secondary School 

• Hospitals and healthcare institutions
  • Aakash Hospital
  • Balaji Hospital
  • Stanley Hospital 
  • Amrit Hospital
  • Abhijay Hospital 
  • Government General Hospital 
  • Cauvery Trust Hospital 

• Nearby transportation services
  • Chennai International Airport
  • Kathivakkam Railway Station
  • Ennore Railway Station
  • Ennore Bus Stand
  • Thiruvottiyur Railway Station 

• Well-known hotels in Ennore
  • Pride Hotel Chennai 
  • Radisson Blu Hotel Chennai 
  • Vivanta by Taj Connemara
  • Taj Club House 
  • The Park Chennai 
  • Taj Coromandel Chennai
  • Savera Hotel

• Shopping centers in the Ennore locality
  • Abirami Mega Mall
  • Golden Shopping Centre
  • Prince Plaza
  • Alsa Mall
  • Devi Cineplex 
  • Fountain Plaza
  • Spencer Plaza

Ennore port, Chennai

Kamarajar port limited is widely known as Ennore port, located in the northern part of Chennai port on the commercial coast. It is the first public company port in India. Also, it is the 12th major port in India. This port is situated 2.6 km away from Ennore creek. The weather in this area is quite hot and humid. You can feel the tropical dry and wet weather here. 

The port is easily accessed through road and rail transport. The nearest railway junction is Athipattu Pudunagar. 

The Ennore port handles the thermal coast that helps to fulfill the Tamil Nadu Electricity Board’s requirements. The whole harbor was assigned a vast land area of nearly 2000 acres.

Ennore beach, Chennai

Ennore beach is one of the most famous places in this locality, which is situated near the creek of Ennore. This whole area is covered with backwoods. Apart from these, salt swamps are there that sink into the backwaters. The beach is situated 24 km away from Chennai. The main feature of this beach is the cylindrically shaped structure. 

This place is quite attractive for tourists who love to have a good time. They can enjoy boat rides in the backwaters. Lots of comfortable hotels and resorts are there, along with fooding facilities. This is a good investment place for traveling purposes. 

Summing up the thoughts

The Ennore neighborhood in Chennai is the most prominent location for all investors because this region has an excellent infrastructure, good accessibility, and easy connection with other parts of the city. As the area is the port center, there is a huge demand for hotels, resorts, food joints, etc. The more the market is present, the more investment opportunities are there. 

Also, the place demands a good number of residential areas with affordable buying and rental options. Also, nearby attractions like Ennore beach, Veera Aqua, Thirumangalam Eswarae, etc., draw the interest of lots of people. So it can be said that Ennore is going to be the next investment hub in Chennai.