1 RK Residential Plot 2400 Sq.ft. for Sale in Madipakkam, Chennai

1 RK Residential Plot 2400 Sq.ft. for Sale in Madipakkam, Chennai
Listing ID #722451

  • 2400 Sq.ft.
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Property Overview

  • Location Madipakkam, Chennai
  • Plot/Land Area 2400 Sq.ft.
  • Ownership Builder
  • Sale Type New
  • Age of Property New Construction
  • Type Residential Plots
  • Furnishing Semi-Furnished
  • Sale Type New
  • Age of Property New Construction
  • Ownership Builder
  • check Well Maintained
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Landmark

  • Hospitals 1 kms
  • Airport 9 kms
  • ATM .3 kms
  • Railway Station 2 kms
  • School 1 kms
  • Shopping Mall .5 kms

Property Description

The Chennai Corporation has started laying roads in Madipakkam, a suburban locality in South Chennai. Hu eagerly awaiting a thrust from the civic authorities to regain its momentum.

Madipakkam has maintained its position in the list of the top preferred localities for buying homes, as per the data available with. Ironically, during the same time, property prices remained stable. Very recently, the locality has been in news for issues related to water logging, sewerage and roads with pot holes. The locality has proximity to OMR, Velachery, Pallikarnai and other areas of South Chennai, which is why people want to live here but undeveloped and submerged roads, traffic jams due to construction of the metro, is forcing them to look for other areas, says AV Murli, MD, Green Earth Properties, a broker firm active in the city.

Madipakkam is a low-lying area that came under the Chennai Corporation limits in 2011. Till the 90s the locality had independent houses. Developers realised the areas potential and started constructing apartment projects here. It was expected that this movement will be ably supported by the Corporation, which did not happen. Now, many developers have postponed the delivery of their projects, as there are just a few takers, says Murli.

Learnings from Tambaram

Tambaram, also in South Chennai, faced a similar problem in the past but several initiatives taken by the Tambaram Municipal Corporation helped in transforming the locality. The Commissioner of Tambaram Municipality, N Ravichandran says, In order to clean the area, an Underground Sewage (UGS) programmed was implemented throughout the locality. Wherever sewage construction was happening, concrete roads were laid over it in an attempt to solve the water logging problems.

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About Agent Details

Modern Reality

Tambaram, Chennai
+91-90804xxxxx
  • 2 Properties For Sale

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