Sholinganallur, a rapidly expanding neighborhood of Chennai, has been drawing a lot of interest from prospective homeowners. There are various benefits of purchasing apartments, villas, or plots in Sholinganallur. Whether you’re an investor seeking large profits on your real estate investment or you’re wanting to buy a house for yourself, Sholinganallur will be the ideal choice. With numerous projects offering multiple homes, there are ample residential options to suit every budget.
Top Reasons to Invest in Sholinganallur in 2024
Connectivity and Accessibility in Sholinganallur
Reliability and connectivity are critical for investors and property purchasers. In order to make their daily commutes easier, they prefer to purchase real estate close to the transit system. It will also contribute to future property value growth. Sholinganallur is conveniently located near major IT hubs and corporate centers. Due to its prime location at the crossroads of Old Mahabalipuram Road and East Coast Road.
Roads and railways connect Sholinganallur to other major parts of Chennai. Thus, places like Velachery, OMR, and Perungudi are easily accessible. Velachery Main Road makes it simple to go from east Tambaram to Sholinganallur. Sholinganallur, a suburb in southern Chennai, is strategically located inside the IT Corridor and has excellent bus service from MTC and TNSTC to other parts of the city. Chennai is expanding its metro area, which benefits homebuyers as well.
The OMR IT corridor between Taramani and Sholinganallur is currently under construction. This pertains to ten metro stations that are elevated. Pallavaram-Thoraipakkam Road connects Sholinganallur and Tambaram conveniently for MTC bus travel.
Better Social Infrastructure and Lifestyle
Sholinganallur’s social infrastructure is well-established and includes a number of respectable educational establishments, from elementary schools to engineering colleges. The availability of high-quality medical treatment for locals is guaranteed by healthcare facilities, which include multispecialty hospitals and clinics. Professionals have more options for commuting because the neighborhood is easily accessible to the IT corridor and has good public transportation connections, including buses and autorickshaws.
The IT Corridor has drawn residents from around the country to this neighborhood. Schools, hospitals, and amusement parks are all part of Sholinganallur’s sophisticated physical and social infrastructure. The best educational facilities in this neighborhood include Ragas Dental College, The Gateway, The Complete School, Apple Kids International Pre-School, St. Mary’s School of Management Studies, and Mohammed Sathak College of Arts and Science. It also has hospitals, including Global Hospital, Chettinad Hospital, and Lifeline Multi-Speciality Clinic. Aside from that, it offers fantastic food and entertainment options.
Proximity to Commercial Hubs and IT Clusters
Sholinganallur has a strategic location in Chennai, close to important business areas and information technology clusters, which makes it quite appealing. It is close to important tech parks like the SIPCOT IT Park, Tidel Park, and others on OMR (Old Mahabalipuram Road), as it is located along the IT corridor. Because of its accessibility, IT experts who work for these organizations choose to live there.
Sholinganallur is near a number of business establishments, including restaurants, retail stores, and shopping centers, in addition to IT facilities. There are also a lot of startups and multinational companies in the neighboring areas of Siruseri and Navalur, which improves job prospects for locals. Easy access to these corporate locations is further made possible by the connection offered by well-kept roads and public transportation.
The combination of residential comfort and proximity to commercial and IT hubs has led to rapid growth in real estate, making Sholinganallur a vibrant area for both living and working. This growth has also attracted various amenities, including schools, healthcare facilities, and recreational spaces, contributing to a well-rounded lifestyle for its residents.
Property Value Appreciation
In Chennai, there are many different elements that might affect the return on investment (ROI) in real estate, including location, property type, market circumstances, and economic considerations. But in the past, real estate in Chennai has been seen as a solid long-term investment option, with annual returns ranging from 8% to 15%. Given Sholinganallur’s increasing appeal as a residential and commercial center, purchasing real estate is almost always an appealing investment opportunity with attractive capital gains and strong rental yields for prospective owners.
Aside from the area’s strong residential demand, investing in Sholinganallur will also produce homeowners with high resale value because of its proximity to important IT hubs, improved infrastructure, and the growth of new residential and commercial projects, all of which are contributing to the area’s demand for real estate.
Real Estate Trends in Sholinganallur in 2024
A rapidly growing neighborhood in Chennai is Sholinganallur. In Sholinganallur, there is a blend of single-family houses, luxury apartments, and cheap housing. Property costs range from Rs 3,500 to Rs 8,700 per square foot on average. Both villa homes and apartments in Sholinganallur are available in a wide variety of residential configurations. Modern amenities, a prime location, a developed social infrastructure, and reliable connectivity are among the many advantages of this neighborhood.
This ensures that living standards are reasonable without sacrificing comfort. In addition, it is anticipated that the area’s real estate value will increase after the Madhavaram–Shollinganallur metro train line is running. As a result of this, there is also a notable surge in the demand for high-rise apartments and gated community villas in Sholinganallur.
Property Value Appreciation in Sholinganallur
Best Residential Projects in Sholinganallur
Property Type: | Apartments/Flats |
Configuration: | 2 & 3 BHK |
Unit Sizes: | 646 sqft-2325 sqft |
Possession Status: | Under-construction |
Property Type: | Apartments/Flats |
Bedroom(S): | 1,2 & 3 BHK |
Unit Sizes: | 495 sqft-1100 sqft |
Possession Status: | Ready-to-move |
Property Type : | Apartments/Flats |
Bedroom(S) : | 2 BHK |
Unit Sizes: | 1026 sqft-1120 sqft |
Possession Status: | Ready-to-move |
Property Type : | Apartments/Flats |
Bedroom(S) : | 2,3 & 4 BHK |
Unit Sizes: | 1258 sqft-2970 sqft |
Possession Status: | August 2025 |
Property Type : | Villas/Homes |
Bedroom(S) : | 3,4 &5 BHK |
Unit Sizes : | 1641 sqft-4657 sqft |
Possession Status: | Ready-to-occupy |
Frequently Asked Questions
1. Is real estate investment in Sholinganallur profitable?
Yes, real estate investment in Sholinganallur is profitable. The properties in Sholinganallur have better appreciation value and higher return on investment as a result of the expanding infrastructure. In addition to this, the rental demand is also quite high in Sholinganallur, making it a profitable destination for investments.
2. Is Sholinganallur a good place to live?
Sholinganallur is a good place to live in Chennai as it has all the essential amenities within reach. A neighborhood’s connectivity and its proximity to essential amenities makes it a good place to live. Thus, Sholinganallur stands out as one of the best places to live with amenities like educational institutes, healthcare, shopping, and entertainment.
3. Is Sholinganallur a booming real estate area in Chennai?
Yes, Sholinganallur is one of the booming real estate areas in Chennai. Some of the significant factors that contribute to this real estate boom are its connectivity, proximity to the IT sector, availability of amenities, better infrastructure, and multiple housing options.
4. Will the metro project completion in Chennai affect real estate prices in Sholinganallur?
The upcoming Chennai Metro Phase 2 projects in Sholinganallur tends to impact real estate prices. With better commuting the demand for residential housing will increase which in turn will result in higher property prices.