Commercial real estate in South Chennai has picked up pace in recent times due to the expanding presence of IT/ITes, automotive, and electronic hardware companies. Consequently, residential real estate, too, has seen a spurt. A Cushman and Wakefield report states that 60% of new launches in Chennai in the third quarter of 2019 was in South Chennai.
While suburbs like Medavakkam and Sholinganallur have already gained prominence, Urapakkam is relatively new. But Urapakkam, located in Kancheepuram district, is currently one of the fastest-growing suburbs in South Chennai. Let’s take a look at some of the reasons that make Urapakkam an investment hotspot.
Location
Urapakkam is gaining a lot of traction due to its strategic location along the Trichy-Chennai (NH 45) highway. The name “Urapakkam” means ‘close to the city’, and the area does lie close to prime neighbourhoods like Tambaram and Chengalpattu.
Urapakkam’s location also puts it in the proximity of multiple employment options like the Olympia Tech Park, SIDCO Industrial Estate, Chennai Trade Centre, and TECCI Park.
Connectivity
Situated 30 kilometres away from Chennai city, Urapakkam is linked via NH 45 to other parts of Chennai like Medavakkam, OMR, and Sriperumbudur. Important roads like the Vandalur-Kelambakkam Road, GST Road, Chennai Bypass expressway and the Outer Ring Road also pass through Urapakkam making it an extremely convenient place to commute from.
The area is close to Tambaram bus stand and railway station, which are approximately six kilometres away and is also serviced by the Alandur and St Thomas Mount metro stations that are nearby.
Social infrastructure
Urapakkam is home to reputed schools like Ananthavalli Matriculation Higher Secondary School, and Sri Sankara Vidyalaya Matriculation Higher Secondary School among others. Hospitals in Urapakkam include Max Hospital, Thalir Hospital, and Nithya Guru Hospital.
Urapakkam is also surrounded by lush greenery and lakes, which makes it an ideal area for buying a house.
Our top property picks
Urapakkam is a rapidly flourishing neighbourhood, but it’s also affordable, which is one of its most attractive features. But Urapakkam has plenty of choices for all kinds of buyers, including those looking for luxury apartments. We give you our top three picks of the best properties in Urapakkam based on build, facilities, and pricing.
Kriticons Aristo
Kriticons Aristo consists of 52 apartments kitted out with world-class amenities to please even the most discerning buyer. Comprising 2 and 3 bedroom apartments, Aristo has 14 floors and has every type of facility available including jogging tracks, landscaped gardens, a children’s play area, gym, and various indoor games.
The apartments are in turnkey condition, and prices average between Rs 47 lakhs and Rs 63 lakhs.
Urban Tree Superb
Urban Tree Superb comprises 284 meticulously planned homes spread across three acres located close to bus stands, railway stations, hospitals, and schools. The community has a swimming pool, multipurpose hall, gym, mini theatre, and piped gas connection.
The apartments are in turnkey condition, and prices average between Rs 26 lakhs and Rs 65 lakhs.
S.I.S. Marakesh
Named after the charming city of Marrakesh in Morocco, South India Shelters Group’s Marakesh consists of 2 and 3 bedroom apartments with state-of-the-art facilities spread across 4.6 acres.
There are 360 apartments across three-block units comprising stilt plus seven floors each. Its innovative and international standard amenities include garbage chutes on each floor, centralised pipe gas availability, and internet supply through a dedicated leased line.
Prices average around Rs 69 lakhs.