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Is Perumbakkam Real Estate Becoming the Next Sholinganallur?

September 18, 2025
G Square Meadows

Perumbakkam real estate is getting serious traction and for good reason. In the last 5 years, land values here have appreciated by around 40%, according to local market reports. 

With excellent connectivity to OMR, Velachery and Medavakkam, plus the presence of schools, hospitals and IT parks, Perumbakkam real estate is quickly becoming the talk of Chennai’s property market.

Why Perumbakkam Is Gaining Attention?

Perumbakkam sits strategically between Sholinganallur, Medavakkam and Velachery, three of Chennai’s most active real estate zones. This location advantage means you are never too far from the city’s IT hubs or lifestyle conveniences.

  • Connectivity:

  • Sholinganallur (8.5 km, 25 minutes by road)
  • Medavakkam (4.3 km, 12 minutes via Mambakkam-Medavakkam main road)
  • Velachery (11.5 km, 29 minutes)
  • Chennai International Airport (17.4 km, 39 minutes)
  • Social Infrastructure

The area is home to reputed institutions such as Global Hospitals & Health City, Bharathi Vidyalaya Senior Secondary School and several retail and lifestyle centres.

  • Workplace Proximity

IT parks such as ELCOT SEZ and SIPCOT IT Park are within a 30-40-minute drive. This location advantage makes the area highly attractive for working professionals.

Sholinganallur vs Perumbakkam: A Fair Comparison

Sholinganallur has long been established with strong infrastructure, high demand and a visible supply of mid-segment and premium housing. However, with increasing demand, many buyers are now turning to Perumbakkam.

  • Affordability

Compared to Sholinganallur, Perumbakkam offers a more accessible entry point for buyers. More importantly, in terms of flats or apartments, the growth rate is 41.4% in Perumbakkam over the past 5 years. This shows that Perumbakkam is catching up fast and becoming a high-potential zone for investors.

  • Resale Potential

Demand is steadily rising, boosting Perumbakkam real estate resale opportunities. Buyers who invest today for the long term (5 to 8 years) could see appreciation similar to what Sholinganallur experienced a decade ago.

  • Rental Market

Sholinganallur has a strong rental ecosystem due to IT employees.  However, Perumbakkam real estate is catching up as more professionals choose to live closer to emerging tech hubs while still enjoying affordability.

Why Buyers and Investors Should Pay Attention Now? 

Perumbakkam is not just growing; it is evolving into a balanced residential and commercial hub. Road expansion, the upcoming metro phase 2 and rising interest from developers all indicate long-term appreciation. Early buyers stand to gain from both property value growth and healthy rental yields.

Perumbakkam offers better accessibility and strong future growth prospects. Investors who once looked only at Sholinganallur are now considering Perumbakkam as the smarter and affordable alternative.

Spotlight on G Square Meadows: Residential & Commercial Projects

One of the strongest indicators of Perumbakkam’s growth is the rise of premium projects such as G Square Meadows. These projects do not just provide plots; they create opportunities for families, investors and business owners to be part of the area’s next growth chapter. Here is a closer look at both the residential and commercial offerings by G Square:

  • Premium Residential Plots

For families and individual buyers, G Square Meadows offers thoughtfully planned residential plots that make home ownership both simple and rewarding.

  • 182 villa plots in a prime residential location in Perumbakkam, spread across 8.80 acres
  • Plots ranging from 724 sq ft to 2042 sq ft with 100+ world-class amenities
  • Excellent connectivity from key locations, such as 3 minutes from ELCOT IT Park and only 800 meters from the upcoming metro station
  • Ready-to-build plots with 24/7 CCTV surveillance, ensuring a safe and secure environment
  • Surrounded by established schools, hospitals, supermarkets and recreational spots
  • Designed with wide black top roads, children’s play area, outdoor gym and other infrastructure-ready layouts

With these features, G Square Meadows residential plots offer families the chance to build their dream homes while enjoying the benefits of a well-connected and growing neighbourhood.

  • Commercial Plots

As Perumbakkam’s population and connectivity expand, demand for quality commercial spaces is growing. G Square Meadows commercial plots are designed to meet this exact need. Here are some key highlights of the project:

  • Strategically located to attract businesses catering to both IT professionals and local residents
  • Positioned close to reputed IT hubs such as Wipro, HCL, Cognizant and Tech Mahindra
  • Well-planned infrastructure with 2 years of free maintenance
  • Promising long-term returns as Perumbakkam transforms into a self-sufficient commercial hub

For entrepreneurs and investors, these commercial plots present a golden opportunity to grow alongside one of Chennai’s fastest-developing neighbourhoods.

Is Perumbakkam the Next Sholinganallur?

All signs point to yes due to the excellent connectivity, strong infrastructure and projects like G Square Meadows. Perumbakkam is poised to replicate Sholinganallur’s success story.

If you are a homebuyer looking for the right blend of affordability, connectivity and future growth, or an investor seeking resale value, Perumbakkam real estate deserves your attention now.

With both residential and commercial plots available at G Square Meadows, you can secure your future in a neighbourhood that is becoming the next big thing in Chennai real estate. 

Call us now at +91 89395 40008 for a free site visit. 

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