Real estate markets can be predicted to a vast extent but there still remains a risk factor. With floods in the recent past in Chennai, the market slowed down quite a bit but has again picked up momentum in the past couple of years. Now would be a great time to invest in property in Chennai. With increase in population due to developing IT parks, rental housing is of high demand in Chennai. You can find both budget apartments as well as luxury villas within the limits of the city. South Chennai is slowly turning into a residential hub. Great schools, hospitals, road connectivity and proximity to offices makes IT sector employees keen on investing in property in these areas. OMR is the city’s prime location and apartments here are in high demand. Due to overall development and starting of numerous housing projects, the real estate market in Chennai is not predicted to see any major setback in the coming years. So yes, it is considered to be the best time to find a home in Chennai or invest in residential property to rent out. Large scale housing projects of renowned builders have sprung up in different parts of the city. As an aftermath of the flood, many real estate projects are even promising to offer discounts in property prices in terms of per sq. ft. so that the situation gets back to normalcy and to attract maximum buyers. Since the real estate scenario in Chennai isn’t all that bright and has declined a bit, there are chances that house and apartment prices might go down in the next 3-5 years. There are a lot of unsold properties spread in various parts of the city. Sellers are willing to negotiate and expecting that the prices might shoot up again. The Shriram Group has built one of the widest scale and diverse housing projects in Magadu known as Shriram Divine City. The project is well connected through Outer Ring Road and Bangalore highway which is located in close proximity. Famous schools, colleges, hospitals and IT parks are located nearby. Maduravoyal–Port Expressway and the nearby Metro route connects the area to the major busy parts of the city. Spacious 2 BHK and 3 BHK apartments are up for sale at affordable rates of Rs. 3750 – 3950/ Sq. ft. As commuting becomes so convenient, IT employees are always eager to buy or rent out apartments in this area. With amenities like yoga centre, club house, garden, fully equipped gymnasium and swimming pool, living in Shriram Divine City is a dream come true for many. Developers today are offering all kinds of spaces ranging from 2 BHK flats to villas and duplex houses. You can find your dream home at a great price in the best localities of the city. Compare prices and look at the amenities being provided and find your perfect home.
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Shriram Properties Chennai
Since the city of Chennai is developing at a quick pace in the western course, West Porur is the center point of such new improvements. West Porur is extremely all around associated with prestigious regions like Manapakkam at 8 Km, Valasaravakkam at 9 Km, Mogappir is at 12 Km while Iyappanthangal is only 4 Kms away. Koyambedu is likewise at a separation of 13 Km from here. Shriram Divine City which was beforehand known as Shriram Kovil has its value 30-half not as much as regions adjacent. This joined with brilliant measured flats makes it the best value esteem blend. About Mangadu-
The exact location where Shriram Divine City is currently coming up is known as Mangadu. It is sure to fetch high returns in the times to come as West Porur hosts rapid growth and development in the near future, while Mangadu is very close to Porur. The property is located at a junction from where all essential amenities are within a 7-km radius. This includes several top hospitals, medical colleges, schools, engineering colleges, and many markets. The highlights of this location- presence of 10 top-class schools, 9 state-of-the-art hospitals and some medical colleges all within the radius of 7 Km. Mogappair which is another posh locality is just 12 Kms from the project location. While Manapakkam and Koyambedu are just 8 Kms and 13 Kms respectively. One can get onto Poonamallee High Road and via the outer ring road and access the Chennai bypass within 5 mins of a drive.The wide roads in the area will ensure traffic-free access to Guindy – Vadapalani highway and the Chennai International Airport via the Porur flyover like a breeze. These apartments in Chennai will definitely be a fantastic residential solution for the masses. Shriram Divine CityEarlier called project Code Kovil is now known as Shriram Divine City which comes from a reputed builder like Shriram. This project is an upcoming project and will ready for possession by Dec 2023 onwards. Shriram Divine City project is located just 9 minutes from Porur, Chennai and is a thoughtfully planned mini city. The project offers an elevated lifestyle to their esteemed clients. There are about 10 top Schools, 9 Hospitals, 5 Medical Colleges, 4 Engineering Colleges and numerous daily conveniences within a range of 7 KM from the project. The upcoming infrastructure like Poonamalle – Kathipara Monorail, Chennai – Bangalore Industrial Corridor (CBIC) and Maduravoyal – Port Expressway will lead to even better connectivity and rapid development, making this area a smart investment option for their clients. The strategic location of the project will give an additional mileage in terms of a traffic free access to Guindy, Vadapalani, Manapakkam and to the Airport with the newly constructed Porur flyover. One can reach the prominent IT and Industrial Hubs which is just a couple of minutes’ drive away from the project. Shriram Divine City offers 2, 2.5 and 3 BHK units with various configurations to its buyers to choose from. Shriram Divine City LocationNow coming to the location point of view of this altruistic Shriram Divine City project, Porur is one of the oldest locality in Chennai, which started developing immediately after 1977. This area is perhaps most popular due to its famous Amman Temple. This region has a whopping 1000-year old heritage and thus holds great pride amongst the residents of Chennai. The Chennai Bypass Road passes through this vintage locality, connecting these coveted localities within the city to the significant strategic points of the megacity. The Porur Flyover is a major connecting junction for few of the economic junctures of Chennai - Maduravoyal and Tambaram via the Tambaram Bypass Road. In addition to this, the Chennai International Airport is just few kilometer away from this prestigious locality. All the social infrastructures such as marketplaces, educational institutions in the neighborhood make it a planned as well as a crucial residential point. This locality is without a doubt a highly strategic location and will further enhance its importance in the near future. Shriram Divine City - AmenitiesShriram Divine City at Chennai will be a totally gated complex which will be fully secured with 24*7 power backup, manned security and water supply. There will also be a host of fitness and relaxation zones within the complex. He/she can use the clubhouse, kids play area, swimming pool, gym and 24X7 security. Apart from these amenities, several amenities which give luxury will also be offered. Overall the residents here will be offered with a lot of amenities. Hence people are going to have a fun time staying in this apartment complex. Whenever people are free they can spend their leisure time in the fun zone of the apartment complex.
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