Driven by growth: GST Road
Competitive edge: GST road is one of Southern India’s prominent national highways. Also known as the Chennai-Trichy highway, the road has several residential and commercial developments along the way. Due to its prominence, the entire area has several advantages for real estate development. With several global and domestic corporates establishing their operations in the area, the demand for residential real estate has grown here.
Infrastructure: GST Road boasts of connectivity to several key localities of Chennai including Guindy, Pallavaram, Tambaram, Urapakkam and so on. It is also well-connected through various modes of public transport available in Chennai including the southern and South-western lines of the Chennai suburban railway network. Apart from being close to the Chennai International airport, a number of MTC buses run through the area ensuring good accessibility to and from the area.
Rental returns: The region boasts of several residential options ranging from apartments to plotted developments.
Social infrastructure: The growing presence of corporates in the region, as well as proximity to other hubs in Chennai has led to the development of a robust social infrastructure here. Apart from quality educational institutions, several hospitals and retail establishments, cafes, restaurants, hotels, fitness centres and supermarkets are present here.
Future potential: GST Road is considered a key locality in Chennai.
Source: Times Property, The Times of India, Chennai