Residential Plot 1500 Sq.ft. for Sale in Guduvancheri, Chennai

Listing ID #676444

Thanks to the growing number of industrys coming up in the SEZ located near Guduvancheri, Which is located on the Grand South Trunk Road, more commonly referred to as GST. Guduvancheri is next to urapakkam, which has seen a sudden increased in the property values. With the recent notifications on the road expansion of Guduvancheri Thiruporur road, this location has become a more affordable location for the people of Chennai suburbs. SRM University Located a few kilometers from Guduvancehri have resulted in excellent connectivity both by road and rail. With Thiruporur connectivity become more approachable, which in turn short time access to OMR, the currently most sought after location to live. Though the market value is increasing day by day, still it is amongst the affordable locations of Chennai suburbs The Guduvancheri Thiruporur stretch has seen a sudden increase in the real estate activity due to the expansion of the road. several developers have completed their projects here while others are under construction, Some of the developers to have set base here include m/s Shriram Properties Ltd., M/s Lancor Developers, among many others. Demand on this stretch is being driven by the two SEZs. Guduvancheri falls between the Mahindra World City and MPEPZ, both located 13 15 km away. The maximum demand exists for Land investments in near Guduvancheri Thiruporur road stretch which are available for a price range of Rs 3,50 2000 per sqft, who have gated community housing plots of various category. Only about 30-40 per cent demand comes from the end users. This stretch has seen an average appreciation of nearly 40 per cent in capital values of projects in the last 2 years thus promising good return on investments. There is also demand for rented units from the professionals working in the SEZs.