i5 Shanthi Park

Residential Land / Plots 1000 Sq.ft. for Sale in Kelambakkam, Chennai

Listing ID #866777

Kelambakkam, a growing suburb in South Chennai has seen an increase in buyer interest due to the social infrastructure taking place on Old Mahabalipuram Road (OMR). Proximity to IT companies in Siruseri, Chettinad Health City and the famous Kovalam beach are the major factors attracting people here.
Education: The locality is a hub of schools and colleges. Reputed colleges include Hindustan College of Engineering and SSN School of Management. Schools are BKM Higher Secondary School and Government Higher Secondary School.
Residential localities: Top residential colonies here are Sathankuppam, Jothy Nagar, Rajeswari nagar, Balaji Nagar, Ganapathi nagar etc.
Capital values: The ongoing capital values here are from 3,000-3,500 per sq ft.
Connectivity: Kelambakkam connects the ECR (East Coast Road) and the GST (Grand Southern Trunk) Road. The stretch from Kovalam to Vandalur is covered. Thiruporur, Tambaram and Tidel Park are located nearby.
Future: Experts believe that access to OMR and GST road are the factors propelling buyers to invest here. In addition, the completion of the construction of roads around Outer Ring Road (ORR) will further increase the capital values by about 10-15 per cent, industry sources say.