Chennai has emerged as one of the most coveted real estate destinations in the country. With investments pouring in from some of the largest corporations in the world, this city is undergoing rapid expansion. Today, it is home to major software, IT, biotech and manufacturing companies. Because of this, the suburban areas of Chennai are becoming an investor’s paradise. One of the most popular up-and-coming localities of Chennai is Mangadu. Situated next to Porur, Mangadu has seen vast improvements in infrastructure and access to key commercial hubs. If you are looking to buy a home in Chennai, here’s why should invest in Mangadu.
Rich cultural heritage
Unlike many newly-emerging suburbs, Mangadu has a rich history that is still evident today. The name Mangadu literally translates to ‘mango forests’, implying that the area was covered with mango groves in the past. One of the biggest attractions of Mangadu is the Kamakshi Amman Temple, said to have been constructed centuries ago. The temple is built in the Chola-style of architecture and remains a major tourist attraction even today. This long history has given Mangadu a unique character. When you buy a home here, you can also experience this for yourself.
Close to several commercial zones
While Mangadu is a quiet residential locality, it has the advantage of being located very close to a number of important commercial hubs in Chennai like Porur and Poonamallee. For those working in and around these areas, Mangadu is the perfect locality to buy a home in.
Porur is one of the busiest areas of Chennai, with 5 Special Economic Zones. It has a number of tech parks like DLF Cybercity IT Park, RMZ IT Park and TCG IT Park. Some of the major corporations who have opened up offices in these IT Parks include IBM, Virtusa, Mphasis, Cognizant and many more. Poonamallee is another key locality, connecting the city to major commercial areas like Sriperumbudur. The Poonamallee High Road is one of the most important arterial roads in Chennai.
Both Poonamallee and Porur are a short distance away from Mangadu and are connected by good roads as well as bus routes. If you want a home that is in a tranquil neighbourhood but is still close to commercial hubs, Mangadu is the answer to your dilemma.
Excellent local infrastructure
Mangadu has every facility families of all ages need for a comfortable life. There are many schools and colleges located nearby so your children are sure to receive a world-class education. St. Mary’s High School, Velammal Vidyalaya and Maharishi Vidya Mandir are some of the most reputed schools in Chennai and are located in Mangadu. Porur is also home to Sri Ramachandra Medical University, one of the most prestigious medical colleges in the country.
Apart from educational institutions, Mangadu also has several hospitals,dental clinics and family physicians in the locality. Ramachandra Medical Hospital and MIOT Hospital are some of the biggest hospitals near Mangadu.
Superior connectivity to major areas
Mangadu offers excellent connectivity to other parts of Chennai. Major arterial roads like the Bangalore Highway and Outer Ring Road are located next to Mangadu. These roads connect North and South Chennai, allowing residents to travel to these areas very easily. The public transport system is also very efficient, with buses plying frequently from Mangadu to areas like T Nagar, High Court, Tambaram and Avadi. Once the proposed Poonamallee Metro Station is constructed, Mangadu will enjoy even greater connectivity to other areas in Chennai.
Fast-appreciating property rates
One of the main reasons why Mangadu is such an important locality is because it is very close to major commercial areas. As these areas continue to expand and more people move here for work, the demand for homes in Mangadu will rise. Even if you are not planning on moving into your home immediately, a house here will ensure steady rental income because of the number of people working here. This is why investing in Mangadu will prove to be a very prudent decision.
Availability of high-end residential projects
As Mangadu’s importance as a real estate destination grows, developers are beginning to unveil luxurious residential projects in the locality. If you want to invest in Mangadu, you will find some of the most beautiful homes in the city that fit right into your budget. With affordable housing becoming the future of the real estate segment, homes in Mangadu are going to become very popular. One such project is Shriram Divine City, a 30-acre mini city in the heart of Mangadu. Located right opposite the Kamakshi Amman temple, this project echoes the timeless beauty of Mangadu’s most famous attraction. These homes offer home buyers even more reasons to invest in Mangadu.
If you are looking to own a home that can give you the perfect mix of affordability, luxury and future growth, look no further than Shriram Divine City. This landmark development by Shriram Properties offers home buyers the best of Mangadu and lets them become a part of a thriving community.