Thursday, March 13, 2014

Urapakkam Accommodation Segment is on a High!

Affordable housing is the word on every home buyers mind. The best investment for a secure future comes from flats in Chennai for sale. The upcoming suburbs are well known for various projects and luxury villas. Urapakkam located on the GST Road in South Chennai is one such location. With an amount of 10 to 20 lakhs, one can find affordable flats in Urapakkam within a short span.
Having many infrastructural developments in the area has increased the potential growth of the location. A boon for both investors and buyers alike, flats in Urapakkam for sale are seeing phenomenal development in terms of both residential and commercial expansion.

The Urapakkam flats for sale flourish due to the connectivity of Vandalur – Kelambakkam road on one side and Vandalur – Oragadam road on the other side. This placement gives it the advantage of being accessible to nearby IT companies and industries. Many of the working class people buy flats in Chennai for sale close to where they work. The importance of having your workplace close to the residence ensures lesser travel time. This is definitely very useful for people looking for flats in Urapakkam. Another factor improving the demand for houses in the locality is the proximity to the Vandalur area, that is soon to become the next big bus terminus. As a result of this Urapakkam flats have gained lot of prominence.

The civic amenities drive many buyers and tenants to the area as well. There are schools, colleges, hospitals, banks, shopping centers and more within 5 to 6 kms of the locality. This helps to flats in Urapakkam for sale to gather momentum. With increasing awareness about the livability and affordability of the area, more and more investors are flocking towards Urapakkam. The rental rates go up as high as 6 to 8,000 for 2BHK and 8 to 10,000 for 3BHK for Urapakkam flats. Mahindra City, Estancia, and other such SEZ’s have created a huge impact on the real estate in South Chennai. The growing demand for Urapakkam flats for sale has only proved this fact again.

World class construction and amenities are often looked for by potential buyers. The suburbs are flourishing like never before. Investing in flats in Urapakkam for sale at the right time will give good rental benefits and resale value. With the growing demand for rental accommodation in the areas near Vandalur, this locality is bound to become a major source. The Urapakkam flats for sale are worth the investment and give highly beneficial returns.