Medavakkam is considered the top real estate destination in Chennai. Here, we have given detailed information about Medavakkam:

1. Medavakkam – Realty Wishlist

2. Short Introduction of Medavakkam
 Once a village, Medavakkam comes a long way to be in the top list of the residential market.
 Medavakkam is a residential locality situated in the city of Chennai.
 Medavakkam is connected to prime and bustling localities in Chennai.
 It strategically lies in between the Velachery-Tambaram road. This road also extends to ECR, which
helps easy access to ECR.
 Medavakkam is considered as the sixth biggest real estate destination for the property investment.

3. Medavakkam Real Estate Market and Price Trends
 Medavakkam is placed in the list of top localities to invest in a property.
 The apartments are selling like hotcakes in the Medavakkam. While the individual houses and
villas stand at the 2nd and 3rd position.
 Since the Medavakkam is a residential locality, there are lots of gated communities available in
the vicinity.
 The rate of appreciation is high in this locality.
 The annual price appreciation stands at 15%.
 The apartment price is increasing in every quarter as shown in the graph mentioned:

6. Top Builders in Medavakkam
 Navin’s Housing
 VGK Builders
 Ozone Group

7. SWOT Analysis:
 Strengths:
 Connectivity
 Located strategically in the Tambaram – Velachery road, the connectivity will be good to reach
the many major localities in the Chennai.
 The major mode of transportation available in this locality is the bus, auto-rickshaws, and cabs.
The public transportation is frequent in this locality.

9.  Infrastructure
 The infrastructural facilities have been quite good in the vicinity.
 Utilities
 This locality has basic utilities in the vicinity. It has groceries, retail, supermarkets, shopping
outlets, pharmacy well within the reach.
 Educational Institutions
 Medavakkam has some good educational institutions namely Velammal New Gen School, St. Johns
School, Asan Memorial College, Quaide milleth college for men.
 It also has some good educational institutions in the neighbourhood areas.

10.  Weakness
 The Medavakkam has fewer drawbacks, that too in the process of improvement.
 Civic Amenities
 The civic amenities needs improvement in the vicinity.
 The drainage and water facility similar to the city limits has to come up in this locality, it lacks in this
matter.
 Traffic
 Since it is the connecting locality to reach IT corridor from some major localities. There are traffic snarls
in the vicinity.
 The flyovers have been available to reduce the traffic, but it is not enough as the population grows.

11.  Opportunities
 Medavakkam locality has been rising from the past decade to world-class locality with everything
in place.
 The real estate price appreciation hasn’t risen much in localities in India, but Medavakkam
showing positive signs year after year.
 Not only in the real estate, but also in the living index and healthcare facilities, it is growing in
the rankings.
 The commercial segment too has the ability to grow in the Medavakkam. The office spaces have
been coming up slowly in the vicinity.

13.  After the implementation of RERA and GST, the transparency level have increased in the real
estate. It is set to boost the housing segment.
 There are plans to bring the metro facility in Medavakkam in the future to help the residents
living in the vicinity to reach the other parts of the city.

15. Thank You
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