From a sleepy neighbourhood to a real estate hotspot, Kolathur growth journey has been nothing short of remarkable. Deriving its name from the various ponds (Kulams), the location is well linked to other parts of the city. Surrounded by posh areas like Perambur, Vajraval Nagar, Puzhal, and Jayaram Nagar, the locality also boasts of several temples.
Did You Know?
Kolathur has two lakes or Rettai Eri which could also be the reason why it was named so.
Commute
The Inner Ring Road of Chennai passes through Kolathur, making it well connected with other parts of the city. There are two railway stations nearby, i.e. Perambur Loco Works and Villivakkam. Though there is no bus stop per se in Kolathur, there are few nearby in stops like Vinayakpuram, Kumaran Nagar, Poompuhar Nagar, and Srinivasa Marg.
Lifestyle
Proximity to some of the major IT parks has made Kolathur popular among professionals. Apart from that, there are around 280 churches in and around Kolathur, which also ensure the influx of people here.
Eat Out
Since Kolathur is growing at a rapid pace, it also means an opportunity for eateries to do a good business here. Some very famous restaurants like Ganga Sweets, Paramkidi, Dominoes, and Fingers Restaurant keep Kolathur abuzz.
Top Projects
Schools/Educational institutions
- Padmashree School
- Don Bosco Matriculation Higher school
- Everwin matriculation higher school
- British School
Hospitals
- DRJ Hospital
- Aishwarya Hospital
- Kolathur multi-specialty and research centre
- KHM Hospital
- Kumaran Hospital
The Real Estate Market
Kolathur has the right mix of residential and commercial complexes. Since the city’s IT hub is near Kolathur; it makes for easy accommodation option for people who work there. There has been a rise in the property rates in this region because of this increase in demand. The ongoing property rates are in the range of Rs 4,300-6,300 per sq. ft.
What to Expect
Improved connectivity, robust infrastructure, and ample new supply make Kolathur a prominent real estate destination. With an increase in demand, the property prices are expected to move northwards soon.