The best areas for budget-friendly plots in Chennai

November 22, 2022 |

Why choose Chennai for your investments?

The real estate market in Chennai has recently picked up due to the city’s rapidly expanding infrastructure and extended connectivity projects both within and outside the city. This resulted in the rapid expansion of investment plots throughout the city.

People have realized the importance of spacious living since the pandemic hit the society hard, and they are now more interested in investing in gated communities and plots for a luxurious and safe living. You would not want to miss out on the best budget friendly plots in Chennai for investment providing unbelievable amenities within your vicinity for a comfortable living. Thanks to all the development projects under construction within and on the outskirts of the city.

Chennai is a getaway full of opportunities for people from all walks of life, there are several migrants working in various different industries looking to settle down in the 3rd best smart city in India. Now is the best time to invest in the real estate market of Chennai before it reaches the end-user driven market.

The best areas for budget-friendly plots in Chennai

Looking at the current infographic for potential growth and spike in land, investing in any part of the city of Chennai is profitable. However, because each area has its own investment pricing, here are the top 5 budget friendly plots in Chennai with huge potential growth in the near future.

1. Kovalam

Kovalam, located on the banks of the ocean bay of Bengal, is a popular tourist destination due to its clean and sleek beaches. Because the travel and tourism industry is growing here, several other development projects are being planned to increase the number of visitors to this location. Once the development projects are completed, the value of both residential and commercial plots in this area is expected to skyrocket.

If you want to live a peaceful and tranquil life with a sea-facing villa or apartment, this is the place to be! This is a steal deal for the best budget friendly plots in Chennai because the price for land here will never be so affordable again in the future; right now, there are investment plots available in Kovalam for as little as 21 lakhs and up.

2. Poonamallee

Poonamalle is a long stretch of the main road located in the heart of Chennai. One end of this main road has some amazing gated community projects that are currently available for investments purposes. The neighborhood has been rapidly occupied since the commencement of several infrastructure projects here. This neighborhood is well-served by government buses, local trains, and upcoming metro stations. Because it is in the heart of the city, it is easier to get to all of the destinations from this area.

This neighborhood is abundant in both standard facilities and sophisticated amenities that are accessible within gated communities. The fact that there are real estate developers offering a variety of residential and commercial plots means that purchasing from them has the added benefit of receiving full guidance and support throughout the investment process. Here, you can find a number of best price projects for as little as Rs 36 lakhs. This is an incredible opportunity amongst all budget friendly plots in chennai.

3. Sriperumbudur

Sriperumbudur is a locality situated slightly at the outskirts of chennai, but holds the maximum chances of providing a high return on investment. It is because there are several industrial manufacturing and IT hubs already existing at this location with future plans for expansion in the same locality.

The proposed plans of setting up the next international airport of chennai in this locality makes it a good investment zone. These development plans assure a good ROI if invested in the plots today starting from as much affordable as Rs. 22 lakhs only. Don’t you think these are budget friendly plots in chennai with good potential ROI for the investment amount you invest in?

4. Perungalathur

Perungalathur is a premier residential area for investors in the southern region of Chennai. The majority of the locals are workers at the industrial parks nearby, which are situated in Guindy, Padappai, Oragadam, and Sriperumbudur. Strong real estate growth has also occurred in Perungalathur as a result of the growth potential in all of these areas. Within the gated community projects in this area, there are numerous residential plots for sale. The city’s booming economy is opening up more opportunities for real estate investment in these areas as well. This area comes under the budget friendly plots in chennai with purchase rate for plots starting from Rs.  28.70 lakhs only.

5. Arakkonam

Arakkonam is the industrial estate zone with various manufacturing and automobile factories here. There are many workers and employees working in this locality who travel from neighboring localities everyday. Now is the great chance to settle down in  the same area at the lowest budget possible for anyone. Arakkonam has several industrial projects in progress that assure expansion of growth in facilities and amenities all around the area with school, universities, basic groceries, supermarket and healthcare in this area. Invest here in the most budget friendly plots in chennai ever possible at starting investment price at Rs 6 lakhs only.

Conclusion

These budget – friendly plots in Chennai have a great chance of appreciating in value in the future. For those who plan to sell them in the future, investing in them now can produce a wide variety of unexpected returns. Investing in a gated community at these locations is a steal deal for people who want to settle down. G Square is south India’s largest and Tamil Nadu’s No. 1 real estate developers. We have several gated community residential and commercial plots available at all the localities for the best competitive price compared to others. Look forward to fulfilling your dreams today by reaching out to us through our website for more details.

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