Realty hot spot series: A well-connected and developed Chennai locality

Arcot road is a developed locality comprising a number of ready-to-move-in residential units. The key commercial and industrial areas are in close proximity. Here are other highlights making this locality our realty hot spot for the week.

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The area is situated close to the central business district and has access to good social infrastructure.
This week the Realty Hot Spot Series takes a look at a well-connected and well-developed locality in Chennai, called Arcot Road. It comprises ready-to-move-in residential units in good supply. A 1-BHK property, which is 540 sq. ft. in area, costs Rs 40 lakh on average and there are 2-,3- and 4-BHK units available too.

The key commercial and industrial areas are in close proximity to Arcot Road and has access to good social infrastructure. Here are other highlights making this locality our realty hot spot for the week.
241
Locality snapshot: Arcot Road, Chennai
  • Developed locality comprising a number of ready-to-move-in residential units
  • Situated in proximity to the central business district and key industrial areas of Chennai
  • Access to shopping markets and malls namely Forum Vijaya Mall, Chandra Metro Mall and VR Chennai
  • Widespread connectivity with other areas through Arcot Road and Suburban Rail Network
  • Vadapalani station on the Green Line of the Chennai Metro has further boosted connectivity


242
  • Schools 10+
  • Hospitals 10+
  • Restaurants 20+
  • Banks 20+
  • Grocery Stores 20+
  • Petrol Pumps 5+

Supply by BHK
243
Consumer preference by budget segment (Rs)
244

Consumer preference by covered area (sq ft)
245
Source: Magicbricks
(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)
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