ORR Chennai set to boost Capital Appreciation by 15%

Chennai Outer Ring Road project is a major transport hub being planned along the fringes of Chennai Metropolitan Area. The proposed stretch is a 62.3 Km 6 lane road connecting NH205 at Nemilicherry, NH45 at Vandalur, TPP at Minjur, NH4 at Nazarathpet and NH5 at Nallur. The first phase of ORR road Chennai covers a distance of 30 Kms linking Vandalur and Nemilicherry while the second phase covers 33 Kms extending from Nemilicherry to GNT Road. The phase-1 of ORR Chennai has been opened by Honorable Chief Minister J.Jayalalitha on August 28th, 2014, it takes less than 30 minutes to travel from Vandalur to Nemilicherry. The phase-1 of ORR in Chennai cost about Rs.1,081 crore.

Additionally, Ms. J.Jayalalitha also laid the base stone for the phase-2 construction starting from Nemilicherry to Minjur. The proposed Chennai ORR comes as a decongestion measure to reduce traffic. Heavy vehicles particularly container lorries coming from western and southern regions of Tamil Nadu enter the metro by avoiding the routes of suburban areas. Chennai Outer Ring Road plan is designed to be the best development hub for export oriented units. The surrounding areas close to NH-45 is witnessing high growth with numerous commercial buildings. You can go through ORR Chennai map and check the areas closer to NH-45.

Automobile and component industries are noticing greater developments in areas near Ponneri and Minjur. For such development of automobile industry, 50 acres of land have been earmarked. After few years, ORR Chennai status will be in next stage said the experts. Along with this, a major warehouse has been planned in Nemilicherry and Minjur. A logistic park will soon be established along the Pattabiram road. For clear Chennai Outer Ring Road plan, one thing you need to check is to use online for viewing the Chennai ORR map.

The project has been well developed with elevated structures, illumination and wayside amenities. Experts think that around 30% of vehicle users will be taking this stretch. With these benefits, real estate along ORR Chennai is going to see heights in the coming future while other areas in the city will be seeing dull phase of growth. You can see numerous gated community projects here especially The Royal Castle, Palm Riviera etc, said Amarprakash Royal Castle review. It is a jackpot for the buyers and investors as the prices are still marching higher.

In the year 2011 during initial stage, cost of land was Rs.75 to 90 lacs per acre while now the price on Chennai Outer Ring Road project is having chance to witness more than 20% appreciation at present. Totally, the cost at the ORR Chennai is going to be tripled within short span of time. Even adjoining places like Mudichur, Perungalathur, Kundrathur etc have reaped the benefits due to this ORR road Chennai. Real estate market along the entire stretch is going to witness further appreciation with the announcement from the government soon laying a bus terminus between GST Road and ORR in Chennai near Vandalur.

After the announcement of this new bus terminus, many builders are coming for investment along ORR Chennai but Amarprakash developers be the first to construct their projects here. The Royal Castle project is also ready for handover by the end of September, 2014 with proper CMDA approval. Amarprakash Royal Castle review answered that the residents can have easy access through bus.  In the next few years, lot of commercial activities are expected t o develop in this stretch. So, one can say by seeing ORR Chennai map that appreciation in this locality will be higher than OMR(Old Mahabalipuram Road) and other interior roads of the city in the near future. From this, we can say investing in ORR in Chennai is like digging a gold mine.

 

 

Chennai ranks among Top 12 Property Markets in the World

Forget the negative aspects; Chennai brings you with more reasons why to invest here? Metros that offer huge job opportunities have a tendency to attract more buyers and investors. In summation, Delhi, Chennai, Bangalore and Pune are such metros. Deutsche Asset and Wealth Management, Globally acclaimed design house Savills and Candy and Candy report said Chennai has become one among the top 12 metros in the Global real estate sector by exceeding other prime global metros. Cost in these rising metros are much reasonable than in other world metros, thus making them easy reachable to all classes especially the investors who are seeking more profit.

What makes the city a cultural hub? If a metro develops into a community hotspot, it means there is a great opportunity for additional jobs. IT and ITes has been encircling the market. Furthermore, many trusted companies like Yamaha, Bosch and Siemens and automobile related company have laid their foundation. These things are the examples for Chennai to become an investment destination. Areas such as Velachery-Tambaram stretch, OMR (Old Mahabalipuram Road), Chrompet-Pallavaram stretch etc are considered as investor-friendly localities not only due to the establishment of IT companies but also because of well equipped social and civic infrastructure. These above mentioned areas look with healthy growth in the realty industry along with healthy capital appreciation. All these locations are well balanced with mixture of retail, commercial and residential buildings. Also, these are the areas in Chennai to see more IT establishments.This made Amarprakash to choose Chrompet and resulted in none posting about Amarprakash builders complaints.

What gives a push to the property market with regards to residential segment? It is nothing than the connectivity level. Additionally, drainage and water connections are also properly laid along the road. This further boost the property market on these stretches. In Chennai, infrastructure growth, both socially and physically are catching quick pace. The Chennai Metro and Monorail project and commencement of second phase of ORR are the signs of how the city keeps up the promise over the real estate segment. Also, soon after the commencement of both rail network projects, there will be a great difference over infrastructure development. The level of traffic congestion will get reduced automatically and make the places easy accessible.

A major advantage of the metro train project is that the sub-urban places get linked to the metros thus resulting in the rise of housing cost. Blindly don’t believe what others say in words instead believe what you see on data. As per the data, Chennai properties, especially those built by reputed developers will yield good capital value and gain world recognition in the global real estate sector. Take for instance, in 2014, most of the developed and developing localities have shown more than 50% value rise. This data ended up in giving good customer feedback about Amarprakash builder in the realty sector,no one posted any Complaints

Amarprakash Builders Review is Legitimate in the Realty Segment

Home ownership is the conclusion for an individual’s dream since it acts as the symbol of financial security for one’s long time savings and hard work. The process of both buying and selling a home brings a nightmare. So, individual should choose the right realty builder like Amarprakash developers, said general Amarprakash builders review. Amarprakash is a reliable and most popular real estate enterprise in Chennai. Unquestionably, it stands uniquely in all its residential structures. Developed by Mr. Sudhir Kumar Surana(Chairman) in 2004, the company became the most established names in the real estate sector around the globe with their hard work and honesty, stated the Amarprakash builders review.  To gain this spot, the builder reflects their brilliance in a fully fledged manner into the industry.  Everything including the infrastructure, facilitations, designs, amenities, choices in housing and location looks more appealing. Along with this, the builder also provides commercial structure within the residential premises with proper government approval.

Amarprakash builders review said that the developer has gained a brand name in the industry. Brand name has been gained not only for their quality structure and amenities, but also for their brilliance which aided them to bring new trends in the residential society. Undoubtedly, their buildings create a unique and appealing living to the residents. Customers have given outstanding Amarprakash builders chennai review because their buildings come up with specific and matchless design which none of the developer are doing. Further, the plan and design will be performed by foreign designers who are well-organized in understanding the needs of people which encourage them to draw the plan accordingly.

By this way, Amarprakash residential projects are becoming the center of attraction for the people living in Chennai. Amarprakash builders review can be read to know any information about the developer and their project. People who are unaware where their projects are located? Undoubtedly, we can that we can see their apartments in well developed locations. Earlier, the builder choosed different localities such as Kilpauk, Thoraipakkam, Rajakilpaukkam and Chemmenchery to develop their apartments but all three ongoing projects falls in Chrompet because the place is in the limelight of appreciation. Review on Amarprakash builders explains that the popularity of their apartments is rooted mainly for the brand and grandness.

The entire gated community covers a total of 20 acres of motherland. Along with flexible range of apartments to select from in a green surrounded landscape, the builder also offers lavish amenities like water pool, high speed lift, outdoor games area, gym, food court, super market, parks etc within the premises. Amarprakash builders review by the customers was given tremendous comments for the amenities and other features. The amenities provided within the campus are uncomparable to other builder’s project. In addition, the company laid some effective payment schemes for their customers. To know about the efficient payment scheme, skilled professionals are working there to guide you who will also help in choosing the best loan plan for your income. Details about payment plans can’t be found even in Amarprakash builders review.  The only way to know about the payment plans, you need to call the toll free number.

Further all, the structure design and plan are all as per the building acts so no quality problems and other complaints will be found in the later years. The developer looks and constructs apartments only for the convenience of the customers so according to Amarprakash builders review, one who invest here will be enjoying the benefits to the core as in the heaven.