Sri Balaji Nagar - About Project
Palur has very good potential for real estate growth as it is expected to develop into a railway junction, since a new railway track is proposed which will link VANDALUR and PALUR via ORAGADAM. In addition, SH-58 is proposed to be a 4 track road with median from Chengalpet to Kancheepuram. Palur is located with 10kms distance from GST road. Also, 1800 acre IT SEZ is proposed by Tamilnadu Government recently on SH 58 before Kancheepuram. By all probability, it will be located in between Palur and Kancheepuram.
From the point of planning finances for future, one needs to consider land investment as a major option of investments available. While investing in land, also one needs to consider the factor of SATURATION OF THE MARKET. If one invests Rs.50 lacs in say Tambaram (which is already highly appreciated one), he is expected to get back Rs.100 lacs in say 5 years, which is just 100 % return on investment. Where as if Rs.5 lac is invested in these areas it has potential to become Rs.50 lacs may be in the matter of 5-7 years. This is simply because these areas are not SATURATED MARKETS. Moreover, since investment size is not large, there will be good number of investors who can invest into these lands.
Site is just 750 mts from SH - 58 (Chengalpet- Kancheepuram), very near to "PALUR Railway Station" and it is located in the middle of two villages, surrounded by HOUSES and lush green fields, just 2 kms before abode of LORD SRI LAXMINARASIMHAR and SV Sugar mills at palayaseevaram. Since PALAR River is flowing close by ground water level is very good and tastes good. Already one house has been constructed and let out in our layout. Lay out extent is 8 acre, which is divided into two phases. phase I already been sold out, now Phase II is opened for sale. Oragadam Temple green city is in close vicinity from the site.