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Kattupakkam property market: An overview

Kattupakkam

Kattupakkam is a premier residential area located in the western suburbs of Chennai. Nearby Kattupakkam localities include Guindy, Avadi, KK Nagar, Ambattur, etc. The Kattupakkam real estate market has a variety of projects, ranging from affordable to luxury housing. There are a lot of reputed builders like the Arihant Group, Royal Splendour, Sobha Group, who are working with their different projects in Kattupakkam. Some of the premier projects in Kattupakkam include Arihant Housing Amara, Royal Splendour Advaya and Sobha Serene.

Due to advent of various IT majors and other multinational corporations, the city of Chennai has been witnessing a rapid growth in the influx of working population from outside. As a result of this, there has been a surge in the demand for residential apartments in Kattupakkam. Although the prices of flats in Kattupakkam is rapidly increasing, affordable housing options for the mid and the junior-level executives of the various companies, can also be found here.

Kattupakkam has been brought under the purview of the Corporation of Chennai and various infrastructure projects have been planned. The civic amenities have also improved. The industrial growth and the growth of the IT sector, have also led to the development of retail and hospitality sectors in the area.

 

Connectivity with nearby Kattupakkam localities

 

Employment hubs near Kattupakkam

 

Schools in Kattupakkam and other social amenities

Some of the reputed schools in Kattupakkam include the St Joseph’s Matriculation Higher Secondary School, Kalakshetra Matriculation Higher Secondary School and Sarojini Varadappan Girls Higher Secondary School. Some of the leading hospitals in Kattupakkam include the Sri Ramachandra College and Medical Institute, Madras Medical Mission Hospital and Sundaram Medical Foundation. Malls in Kattupakkam include the Chandra Metro Mall, Forum Vijaya Mall, Ampa Skywalk Mall, etc.

 

Price trends in Kattupakkam

  • Price appreciation – around 22% in the last one year.
  • Current property rates – Rs 3,499-4,819 per sq ft.

 

Reasons to invest in Kattupakkam

Considering the price trends in Kattupakkam and the rising demand, the locality offers good investment potential. The area has witnessed decent appreciation in property rates, with a number of projects being developed. Moreover, the area is located close to the IT/ITsS hub and industrial zones of Chennai. The Chennai City Corporation has taken over the administration of the area, which bodes well for the development of infrastructure facilities. Considering all these factors Kattupakkam is an excellent place for investment.

 

Check properties in Kattupakkam

 

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