The real estate buyer that once preferred to stay and work out of the CBD is today favorably considering apartments in Vengaivasal because of its immense real estate growth potential.
Reasons why Vengaiasal attracts real estate investors
1. 6 Reasons why Vengaiasal attracts Real Estate Investors
Chennai is not longer limited to its Central Business District (CBD). The city is
expanding and so are its economic and commercial realms. The real estate buyer
that once preferred to stay and work out of the CBD is today favorably considering
apartments in Vengaivasal because of its immense real estate growth potential.
Today, distance is not an all-decisive criterion because real estate investors are
working out several other parameters including ROI in the short and long run,
quantum of investment, availability of amenities and growth potential of the
region. So, it is highly safe and right to assume that Chennai’s suburban regions
are doing exceptionally well in the real estate sector when compared to the CBD.
Why does Vengaivasal seem Attractive?
Vengaivasal is located just 9 km from Tambaram railway station. The region has in
the recent years gained immense popularity as the demand for apartments in
Vengaivasal have catapulted to a large extent. Here are some significant reasons
why Vengaivasal has risen to heights of glory in real estate.
2. 1. All commercial hubs of Chennai are well connected to Vengaivasal. It is
easy to travel to and from Vengaivasal to different work hubs of the city since the
road infrastructure enables quick and easy commute every day.
2. Affordability of residential properties is the biggest advantage Vengaivasal
offers vis-à-vis properties in the Central Business District or many other property
hubs of the city like OMR or ECR. Mid range and budget quality properties are
launched here for catering to the middle income group of property buyers.
3. Although investment is relatively lower, returns are expected to be huge in
Vengaivasal. As Chennai expands to fill up its suburban regions, these areas begin
to show great potential not just in terms of construction but also with yield of
returns.
4. Some of Chennai’s important localities like Medavakkam, Tambaram,
Perumbakkam and Sithalapakkam are located in close proximity to the region
thereby increasing demand for apartments in Vengaivasal.
5. There has been some major property launches in Vengaivasal in the last few
years and this burgeoning attention and focus are bringing more visibility to the
region.
6. Vengaivasal is an affordable and quickly accessible location for the salaried
employees in the IT hubs of the city. The region offer quality homes at relatively
low prices and are also easily and quickly accessible thereby reducing travel
considerably.
3. Reach us at
Sumangali Homes Private Limited
5/158, Perumal kovil street,
Medavakkam, Chennai -600100
Phone No. 044 3100 3100
Mobile No. +91 9551070306
Email Id. marketing@sumangalihomes.in