Kalavakkam is an emerging suburb of Chennai in Tamil Nadu and the area is developing by leaps and bounds. Situated on the Old Mahabalipuram Road (OMR), the place is termed as the IT corridor. This prestigious Knowledge Corridor has earned great fame for housing several technology parks, Biotechnology Parks, Engineering Colleges, NIFT and The American School along with being home to India's top BPO and IT/ITES companies - Infosys, Wipro, Polaris, HCL Technologies and many others. Kalavakkam is a prominent junction connecting the East Coast Road and the Grand Southern Trunk Road from Kovalam. The area is full of various tourist attractions including various beaches, churches and temples.
In 2018, the real estate sector in India went through a phase of stabilisation, following the enactment of several policy changes. We look at what property seekers can expect in 2019, in terms of prices and availability
Buoyant leasing activity, coupled with a decline in supply infusion, led to rental value appreciation of 7.1-16.3 per cent in select micro-markets across cities, says a report by Colliers Research
Ascendas-Singbridge Group has announced the acquisition of a 12.20-acre land parcel in Chennai's Pallavaram-Thoraipakkam Radial Road, where it will develop an IT park, named International Tech Park Chennai, offering 2.30 million sq ft of space
Rising demand, coupled with lower vacancies in premium Grade A buildings, have led to rental value appreciation of 9.4-32 per cent in select office micro-markets across cities, says a report by Colliers Research
One major trend that has emerged is that areas with good employment opportunities are seeing a genuine demand for homes, a fact that many developers are cashing in on
The Prestige Group has announced the launch of a residential project, Prestige Courtyards, in Sholinganallur, Chennai, which will offer 548 homes of one, two and three-BHK configurations
Vast employment opportunities and development of infrastructure in its vicinity, are some of the advantages that the real estate market in Pallavaram has. We examine whether it makes sense to buy a house in this Chennai region
The Pallavaram-Thoraipakkam Road, which links the parallel corridors of the GST Road and OMR, is likely to witness significant commercial and residential development, with major infrastructure initiatives driving the growth, says a report by Colliers International