Located in West Chennai, Porur has a great mix of commercial buildings and residential properties, making it irresistible for both industries and workers.
Also, Porur recently was brought under the purvey of the City Corporation of Chennai, and a number of infrastructure projects are in the offing, which is expected to improve the liveability factor of Porur.
Did you know?
Porur is an ancient village that has existed since the time of the Pallavas, and it was once a battlefield. Therefore, the name Porur, which means ‘place of warfare’.
Here are some of the top reasons to invest or become a Porur resident.
Location
Porur is just 18 kilometres away from the Guindy-Poonamallee road leading to the Chennai-Bangalore highway.
It is strategically located at the junction where Mount Poonamallee road, Arcot road, and Chennai Bypass road converge. It is well connected to prime areas like Nungambakkam, Guindy, and the temple town of Kundrathur.
Recently, the government unveiled the Porur flyover, which had been under construction for the past seven years. The new flyover is expected to reduce traffic congestion on Mount Poonamallee Road and Arcot Road.
The airport is just 12 kilometres away, and the nearest Metro railway station is at Arumbakkam, which is just 8 kilometres away.
Employment opportunities
One of the main reasons for Porur’s claim-to-fame is the fact that it’s a hub for IT companies as well as manufacturing industries and chemical factories. Porur is expected to be the next big IT centre, next to OMR, with multiple IT and financial services companies having their offices here like Dell, Barclays, Tata Teleservices, Fidelity, Mphasis, Cognizant, and others.
It boasts IT parks like the DLF IT Park, and Jayanth IT Park. There is also the Prince Info IT Park and the Ambattur Industrial Estate, which employ thousands.
This has given rise to a diverse neighbourhood with people from all over India making Porur their home.
Schools, colleges, hospitals
Porur has some very good schools and colleges within its vicinity like the PSBB Millennium School, St Joseph’s Matriculation Higher Secondary School, and the Sri Krishna International School.
Leading hospitals include Sri Ramachandra College and Medical Institute, Madras Medical Mission Hospital as well as the Sundaram Medical Foundation among others.
Property rates
Porur has an array of options for all types of buyers. Prominent builders like Urban Tree Infrastructures Pvt. Ltd and Casagrand Builder Private Limited all offer everything from budget apartments to luxury villas to cater to the varied population with multiple income levels.
Although property rates are continuously rising, Porur continues to remain affordable and also is expected to give 10% to 15% returns in the long run as per real estate experts.
Currently, apartments in Porur begin in the region of Rs 35 lakhs and go up to Rs 1 to 2 crores for luxury villas and apartments.
The rate per sq ft hovers around Rs 5,300 to Rs 7,800 approximately, which is a reasonable range compared to other neighbourhoods.
Amenities and other factors
Water supply is not very problematic in Porur with the Porur Lake. Other important amenities like supermarkets, shopping malls, banks, fitness centres and other conveniences are all well within reach of Porur.
Porur, being away from the hustle and bustle of the main city of Chennai, offers a higher living standard. Plenty of space for children and lower noise levels make Porur a much better place for families, young professionals, and even senior citizens to live a good life.
Porur is one of the next upcoming real estate places for investment.