Perumbakkam is a fast developing suburb located just a few kilometers from the IT corridor, OMR. It is surrounded by Sholinganallur to the east, Medavakkam to the north, Chemmencheri to the south and Sithalapakkam to the west. The driving factor for constructing Perumbakkam flats and apartments is its close proximity to the IT corridor. Perumbakkam has emerged as the leading destination for those looking for flats in Chennai for sale. The 2BHK flats in Perumbakkam are ideal for those working in IT hubs.
The proximity to the 2 IT corridors: OMR and Sholinganallur through the ECR Link Road has encouraged people to invest in Perumbakkam flats. The area is well-connected to Tambaram via the Velachery-Tambaram Road and to Sholinganallur through the Medavakkam-Sholinganallur Road. It is also very close to Medavakkam, which is beneficial to investors who find it expensive to invest there and look to buy flats in Perumbakkam.
The Chennai Airport is just 15 kms from this locality and the nearest rail station is Velachery. MTC buses originating from Tambaram East goes via Perumbakkam to other parts of Chennai making it a boon to buy flats in Perumbakkam. For the relief of commuters, a 60 feet road is proposed from Perumbakkam to Siruseri IT Park. All these factors make Perumbakkam a perfect destination to find flats in Chennai for sale.
The Perumbakkam Lake is the vital source of drinking water for residents of Perumbakkam flats. Perumbakkam is close to Medavakkam & Pallikaranai and is situated beside several good colleges and renowned hospitals. Upcoming schools like Sri Sathya Sai Institute of Educare, Hiranandani Upscale, N.S.N. Matriculation Higher Secondary School, BVM Global, Kendriya Vidyalaya, GT Aloha, Vidya Mandir, Sigma Matriculation School are located beside the many emerging 2BHK Flats in Perumbakkam. Reputed colleges like Asan Memorial College of Arts & Science and Prince Sri Venkateshwara Padmavathi Engineering College are some of the world-class institutions located near the 2BHK Flats in Perumbakkam. When it comes to healthcare, many excellent hospitals such as the Kamakshi Memorial Hospital, Global Health City, Karunya Hospital, Balaji Hospital and Balagangadhara Varma are located here making it a good investment for elders & senior citizens looking to find flats in Chennai for sale.
The rapid growth of real-estate in this suburb is a boon to the investors who are looking for rich dividends by investing in flats in Perumbakkam but cannot afford it in the neighboring areas like Velachery and Medavakkam due to the price factor. Builders are coming up with many unique projects to suit different type of investors. Urban Tree Oxygen is one such exclusive project as it is the first IGBC Gold Rated Green Township in Perumbakkam. The project features 513 homes with many green benefits and conveniences that stand apart.
Since a large numbers of IT companies are operating in adjoining areas, investing in 2BHK flats in Perumbakkam is a great opportunity, as the prices are affordable now. Analysts say that in the last few months the locality has witnessed a rise of 8% in the property value and seeing the trend it may raise much beyond this.