So, you’re thinking about dipping your toes into the world of real estate near or in Guduvancheri, huh? Guduvancheri is a promising suburb situated in the south-western part of Chennai, sandwiched between Tambaram and Chengalpattu, and falls on the Grand South Trunk Road (GST Road).
Well, before we jump in headfirst, let’s talk about something super important: expected return on investment (ROI).
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Why is it so important to know what kind of returns you can expect from your property investment adventure?
Understanding the expected ROI isn’t just about crunching numbers; it’s like having a secret map to buried treasure. You wouldn’t go hunting for gold without a map, would you? Exactly! So, grab your magnifying glass, and let’s unwrap the mysteries of ROI together.
People often turn to real estate to make their money work for them and secure their financial future. But investing in gated communities or apartments, especially in places like the ones around Guduvancheri, requires careful planning. Without knowing what returns to anticipate and what risks are involved, you might make decisions that could cost you.
That’s why understanding the expected return on investment for gated communities or apartments in these areas is essential. By looking at things like how the area is developing, how easy it is to get around, how many people are looking for properties there, and what the rules and regulations are, you can better understand whether investing in gated communities or apartments around Guduvancheri is a smart move.
Expected Return on Investment for Gated Communities or Apartments Situated in Nearby Areas of Guduvancheri
Proximity to IT Hubs: The area enjoys proximity to major IT hubs such as ZOHO, Siruseri IT Park, and Mahindra World City. This proximity to employment centers ensures a steady demand for residential and commercial properties, consequently enhancing the value of properties in the region.
Presence of Manufacturing Industries: With the presence of manufacturing hubs like the M.M Nagar Industrial Estate and small-scale industries, there’s a diverse range of employment opportunities, further fueling the demand for real estate.
Educational Institutions: The area is home to prestigious institutions like SRM Group of Colleges, Sri Balaji Polytechnic College, and Madras Christian College. The presence of these institutions attracts students and faculty, creating a demand for accommodation and rental properties.
Healthcare Facilities: Access to quality healthcare facilities is crucial for any residential area. Guduvancheri and its surroundings are dotted with hospitals like SRM General Hospital, Deepam Hospital, and Hindu Mission Hospital, ensuring residents have easy access to medical care.
Retail and Supermarket Chains: The presence of supermarkets and retail chains like Sri Ram Supermarket, New Ponnu Supermarket, and AGS Super Mart ensures residents have access to daily essentials and amenities within close reach, enhancing the livability quotient of the area.
Zooming in on Promising Micro-localities
Guduvancheri boasts several micro-localities brimming with investment potential. Here’s a glimpse into three key areas:
Maraimalai Nagar: Known for its proximity to IT hubs and educational institutions, Maraimalai Nagar promises high rental yields and consistent capital appreciation. The ongoing expansion of OMR further enhances its connectivity and prospects.
Gated communities or apartments here benefit from nearby industries and the growing demand for housing. They’re close to colleges like Dhanalakshmi College of Engineering and hospitals like SRM General Hospital. IT parks like Mahindra World City are also nearby, making it a good area for investment.
Mambakkam: This well-developed locality offers a mix of residential plots, gated communities, apartments, and commercial establishments. With easy access to GST Road and upcoming infrastructure projects, Mambakkam is poised for significant growth, attracting residents and businesses.
Kilambakkam: Guduvancheri is a southern suburb of Chennai, positioned between Vandalur and Urapakkam along the Grand Southern Trunk Road (GST Road). Serving as the entry point to Chennai from the south, it acts as a gateway to the city.
This calm area has perfect gated communities and apartments. It’s close to parks, a new bus terminus (Kalaignar Centenary Bus Terminus), and schools. Plus, plans for a Kilambakkam railway station and metro rail link mean it’s likely to change even more. This makes it a great choice for families looking for a peaceful life and good investment opportunities.
New Perungalathur: Apartments or gated communities here are close to Chennai and growing fast. They’re near schools like Crescent School and Annai Violet International School, as well as IT parks like MEPZ SEZ. Hospitals like Annai Arul Hospital and shops are also nearby, making it a convenient and promising area to invest in.
Potheri: Gated communities or apartments near colleges like SRM Institute of Science and Technology are in demand. They’re also close to IT parks like Mahindra World City and hospitals like SRM Medical College Hospital. With schools and stores around, investing here is smart for steady growth.
Urapakkam: Gated communities or apartments here are developing quickly and are near schools like Zion Matriculation Higher Secondary School. Hospitals like Arokia Annai Hospital and stores are also close by, along with IT parks like MEPZ SEZ. It’s a convenient and promising place to invest.
Nellikuppam: Gated communities or apartments here offer good value and a peaceful environment. They’re near schools like St. Mary’s Matriculation School and hospitals like St. Joseph Hospital. Stores are also nearby, making it a comfortable place to invest for stable returns.
Informed Decisions and Expert Guidance
Investing in real estate requires careful consideration and looking into things well. As the areas in and around Guduvancheri continue to develop and attract more residents and businesses, the resale value of gated communities or apartments is expected to escalate. This blog provides a starting point, but conducting your due diligence is crucial. Consider these additional tips:
Consult Local Real Estate Experts: Local property developers, such as Lancorlumina, have insights into specific localities and market trends that can be invaluable.
Study Development Plans: Understanding upcoming infrastructure projects can help you anticipate future growth and property value appreciation.
Compare Prices and Negotiate: Be bold and negotiate and get the best possible deal.
Explore stunning properties located in and around Chennai, encompassing areas like Sriperumbudur, all within Lancor‘s portfolio.