Top 10 preferred localities in Chennai in Q1 2020
In the southern part of India, Chennai is one of the most demanding places where the demand for real estate properties is rising rapidly. As the real estate demand is increasing, it is also one of the most promising investment zones. Chennai houses many of the world’s best IT hubs like Tata Consultancy Services, Capgemini, Cognizant Technology Solutions, Plintron Global Technologies, Virtusa, DXC Technology, UST Global, Larsen & Toubro Infotech, Oracle, Thoughtworks, Accenture, etc. Apart from these, developments like the extension of the metro line and construction of rail bridges increase the value of the place. Major roadways like Mount Poonamallee High Road (MPR), Pallavaram-Thoraipakkam Road (PTR), Old Mahabalipuram Road (ONR), etc., connect the city to different parts.
Chennai is also important for an urban lifestyle because it offers facilities like excellent healthcare, high-end academics, plenty of greenery, entertainment zones, and great food. As many industries are choosing this place as their houses, there are plenty of career opportunities. Those who are haunting their dream home can get a perfect combination of traditional and modern home ambiance and good surroundings. Chennai is also one of the safest places for women and children.
Considering all these factors, we can confirm that Chennai is getting more exposure in terms of real estate properties, whether it is s residential, commercial, or industrial. But, in Chennai city, a few places are getting more priority when it comes to choosing the location in Chennai. The zeal and capability of those locations make them unique and favorable places for investment or residential purposes. Also, there is enough potential for growth and development in the upcoming days. The presence of adequate infrastructures, reasonable pricing, etc., is helping those locations to be the most preferred localities in Chennai.
We have picked the top 10 locations in Chennai which are the most demanding and preferred in 2020. This list of the best sites will also help you if you want to move to Chennai for residential purposes.
Let’s learn more about Chennai’s top 10 preferred localities in Q1 2020.
Ten preferred localities in Chennai in Q1 2020
As we said previously, Chennai is a promising city where every day people come for a career or education, and people find a few places more favorable than others. Here is the list of the ten best-preferred locations in Chennai.
- Adyar
- Anna Nagar
- Besant Nagar
- Kotturpuram
- Mylapore
- Nungambakkam
- R.A Puram
- Thiruvanmiyur
- Teynampet
- New Porur
Let’s talk about these significant places in Chennai, which are the most preferred ones in Q1 2020.
- Adyar
Adyar is one of the most preferred places in Chennai, which is strategically situated in the southern part of the city. It is also one of the largest and most prominent neighborhoods of Chennai. The areas under Adyar are Gandhi Nagar, Kasturibai Nagar, Nehru Nagar, Indira Nagar, Venkatarathnam Nagar, and Shastri Nagar. Nearby major stations are Kasturba Nagar station, Indira Nagar station, and Thiruvanmiyur station. Adyar Gandhinagar Shopping Centre is one of the best and popular places in the Adyar locality. Adyar includes significant facilities like healthcare centers, shopping points, food courts, nearby IT complexes, lots of residential properties, etc. All of these factors make Adyar one of the best places to choose over any other place.
Apart from these facilities, Adyar houses many schools, colleges, banks, etc. That is why Adyar is slowly emerging as the most developed area in Chennai. Adyar is also considered a green zone in Chennai because of the Adyar river, which helps the site to be green. Adyar is also the house of IIT Madras and Anna university, which increases the value of the location. Though Adyar is a bit expensive, you can not ignore the reasons for living here. A few major and well-known residential projects near Adyar are TVH Quadrant, Newry Serenity, Nahar Group Tower, Adroit Aura, etc.
2. Anna Nagar
Anna Nagar is known as one of the most luxurious and posh areas of Chennai, which consists of major residential projects, luxury amenities, and world-class infrastructures. Anna Nagar comprises superior social infrastructure. The locality is well connected through the inner roads of the region. Nearby major localities connected to Anna Nagar are Ayanavaram, Arumbakkam, Kilpauk, Villivakkam, etc. A lot of major residential projects are situated alongside the region. Some of those properties are Ozone Metrozone, Apartment Speed Prana, Newry Park Towers, and Landmark Geethanjali. There are also many stations that make communication easier for residents’ lives. Some are Anna Nagar Tower, Anna Nagar East, Thirumangalam, and Shenoy Nagar metro stations. Luxurious shopping malls like Vivah Mall, 10 Square Mall, and VR Chennai Mall are located here. This place is also going to be one of the best living choices.
3. Besant Nagar
Besant Nagar is one of the most famous residential areas in the southern part of Chennai city. It is located near the southern periphery of the Chennai River. It is near the coast of Elliott Beach. This beach is a beautiful place to enjoy along the Bay of Bengal. Besant Nagar is situated in the vicinity of Adyar, Taramani, Guindy, Palavakkam, Madipakkam, and Velachery. Nearby metro stations are the Nandanam metro station, Teynampet metro station, Saidabad metro, and Little Mount metro. All of these metro stations help people to stay connected with significant places. You can find a lot of well-known real estate companies that are investing in this area for more residential as well as commercial businesses.
4. Kotturpuram
Kottur, also known as Kotturpuram, is one of the most demanding and preferred locations on the bank of the Adyar river. The area shares a reasonable boundary with Nandanam, Adyar, and Guindy. Major metro stations along the location are the Nandanam metro station, Little Mount metro, Teynampet metro, and Guindy metro. Kottur is also well known for its major old temples, including Perumal Koil and Ponniamman Koil. Anna University is situated in the proximity of the region. The whole Kotturpuram area is a best place for real estate investment too. Many world-class real estate companies are working on this place to construct more projects.
5. Mylapore
Mylapore is one of the oldest localities of Chennai. Apart from being the oldest one, the area is also entirely developed. Major metro stations like AG-DMS metro, Teynampet metro station, LIC metro, and Thousand Light metro stations are situated in the vicinity of the location. Mylapore consists of many luxurious shopping complexes like D R Shopping Mall, S Mall, Century Plaza, Ramee Mall, Challa Mall, etc. Mylapore is famous for places like the Temple of Kapaleeshwar and Ramakrishna Math.
6. Nungambakkam
Another oldest but most developed area is Nungambakkam, situated on the western side of Chennai. Nungambakkam is now a very demanding place among real estate investors and developers continuously trying to make the locality more exciting because they are constructing new projects. A few residential projects like VGN Notting Hill, Kgeyes Mahalingapuram, Sky Roof Azahar, etc., are famous in this place. Many developments, like roadways, railway stations, etc., are situated in the vicinity of the location, which connects the locality with other areas of Chennai.
7. RA Puram
RA Puram is our next pick which is situated on the bank of the Adyar river and is surrounded by significant localities like Adyar, Kotturpuram, Nandanam, Alwarpet, and Mylapore. The area is experiencing the most famous residential and commercial projects by world-class real estate developers and investors.
One of the most valuable employment hubs near this area is Ramanujan IT Area. Major railway stations near R. A. Puram are Mandaveli, Greenways Road, and Indira Nagar. The area has significant infrastructures like roadways, highways, schools, colleges, hospitals, banks, etc. Though the price of various properties is a bit high, investors are finding more properties to invest in. More people are choosing this location to start living with their families.
8. Thiruvanmiyur
Thiruvanmiyur is one of the most developed areas in Chennai, situated in the city’s southern part. Thiruvanmiyur beach is a famous area that attracts new people every single day. Thiruvanmiyur is located near significant locations like Guindy, Velachery, Taramani, Madipakkam, and Perungudi. These locations are so developed and packed with important employment hubs that Thiruvanmiyur is getting more exposure. Various residential and commercial places are being constructed to fetch the demand for real estate properties. Nearby major railway stations are Thiruvanmiyur, Indira Nagar, Perungudi, and Taramani. The value of the location is average, but the demand is always upscale. Nearby prime projects in Thiruvanmiyur are GVSPL Mahameru, Myans Luxury Villas, The Atrium, The Grand, etc.
9. Teynampet
You can find major luxurious spots in Teynampet, one of the most famous and preferred locations in Chennai. Teynampet consists of various business centers and commercial properties which house a lot of industries. This location includes a smooth and faster commute system with the help of developed metro stations. Some major metro stations are AG-DMS metro station, Teynampet metro station, and Nandanam metro station. Various shopping complexes like Ramee Mall, Challa Mall, Century Plaza, and BBag Mall. This whole area is packed with many schools, colleges, hospitals, health institutions, banks, and other facilities. Significant real estate properties in Teynampet are Radiance Elite, Goodwood Residence, Jains Wingate Garden, etc.
10. New Porur
The New Porur is one of the most demanding places in Chennai, experiencing a lot of developments in the last decade. It is situated on the outskirts of the city of Chennai. New Porur includes a lot of IT hubs and other officials, making the location more prominent and promising too. Porur has a good connection through bus routes. A new proposal for an electric train line from St.Thomas Mount to Porur will soon take shape to make the place more convenient. Many major IT hubs are situated in this area which houses world-class companies like Citi Bank, DELL, IBM, Cognizant, Virtusa, iGate, Fidelity, Barclays, TCS, Photon Infotech, etc. Apart from having good employment hubs, the New Porur area is a good center of education which houses many schools and colleges like Pon Vidyashram, Narayana Olympiad School, Sri Sankara Global Cambridge International School, government school, etc. The whole region is connected through NH45 and NH47, which provide good routes to many adjacent states. Also, it creates a free flow of traffic which keeps waiting in traffic at bay.
Along with these national highways, the Porur flyover provides the easiest and fastest commute to the city. Major chemical industries and manufacturing industries are situated in this location. The New Porur is also a safe option for residential projects. This will always be the best choice if you want to have your real estate property in this area.
Bottom line
Chennai is known as the gateway of southern India. The location is also well known for port-oriented business, engineering, manufacturing, IT-ITeS sector, etc. Day by day, Chennai is becoming a thriving market for various real estate projects. More people are coming every day for multiple job opportunities and education, leading them to choose the location. Transportation, prices of real estate properties, schools, colleges, hospitals, banks, etc., are making the site more demanding. As the demand of the whole of Chennai city is increasing, a few places are emerging as the most preferred and challenging locations, like Adyar, Porur, Perungalathur, OMR, R. A. Nagar, etc. Make sure to choose the current real estate properties in these places before moving to Chennai. Also, gather all kinds of information before selecting your preferred location. Hope this article helps you a lot with lots of information. Stay connected with us to get more information.
Frequently Asked Questions
- Which is the most popular area in Chennai?
Here are some major places in Chennai.
- Adyar
- Anna Nagar
- Besant Nagar
- Kotturpuram
- Nungambakkam
- Which is the fastest-growing area in Chennai?
Chennai is a developing place. Some fastest-growing places are
- Sholinganallur
- Porur
- Adyar
- Anna Nagar
- Madipakkam
- Mention some of the developed locations which are situated near IT hubs.
Here is the list of locations that are situated near IT hubs.
- OMR IT Corridor
- Chennai Port Corridor
- GST Industrial Corridor
- ECR- Entertainment Corridor
- Chennai – Bangalore Industrial Corridor
- Is Chennai good for investing?
Yes, Chennai is a good place for investing in real estate properties.
