Sriperumbudur:

The government intends to continue developing by launching significant infrastructure projects near Sriperumbudur, which serves as Chennai’s industrial hub. such as the Chennai-Bangalore Expressway, the Greenfield Airport, the Dry Port, the 6-lane Road, the Aerospace Park, the Rail Line, and the Metro Line. Which encourages new investors to make investments and generate jobs.

Sriperumbudur, a suburb of Chennai, has witnessed a remarkable surge in business activity and residential real estate development over the past few years. This growth is attributed to several factors, including strategic location, infrastructure development, government initiatives, and the availability of skilled workforce.

Parandur, a town close to Sriperumbudur, has been chosen as the site for Chennai’s second airport after extensive research. Own a home or a piece of land close to the airport in Greenfield, which will yield a sizable return in the coming years. Because the government has a grand vision to transform into a contemporary acropolis. Numerous development proposals have been made, including those for hospitals, schools, shopping malls, blue-green infrastructure, hospitals, buses, and solid waste disposal.

The Tamil Nadu government intends to connect Sriperumbudur with more metro rail phase 2 lines.

Sriperumbudur’s proximity to Chennai, the capital city of Tamil Nadu, has been a significant factor in its rapid growth. The suburb is well-connected to major highways, such as the Chennai Bypass and the Outer Ring Road, and has a well-developed road network, making it easily accessible from other parts of the state. This strategic location has attracted numerous businesses, particularly in the manufacturing and IT sectors, which have set up their operations in the area. Additionally, the suburb’s proximity to the Chennai International Airport and the Chennai Port has made it an attractive destination for businesses engaged in import and export activities.

Development

With the intention of creating a strong ecosystem for the aerospace and military industries, TIDCO worked with SIPCOT to build the 250-acre Aerospace Park in Sriperumbudur.

The development of infrastructure in Sriperumbudur has been a key driver of its growth. The suburb has seen the construction of modern industrial parks, such as the Sriperumbudur Industrial Park and the Oragadam Industrial Park, which offer state-of-the-art facilities and amenities to businesses.
These industrial parks are equipped with reliable power supply, efficient water management systems, and well-maintained roads. Additionally, the Chennai-Bengaluru Industrial Corridor, which passes through Sriperumbudur, has further enhanced the area’s industrial potential by providing access to a larger market and facilitating the movement of goods and services.

Sriperumbudur’s growth has been further bolstered by the availability of a skilled workforce. The suburb is home to several educational institutions, including engineering colleges and polytechnics, which produce a steady stream of graduates in various fields. This skilled workforce has attracted businesses to set up their operations in Sriperumbudur, as they can easily find the talent they need to drive their growth.

Due in large part to the public transportation options, Sriperumbudur has become a well-liked location for real estate investment. This is in addition to the city’s expanding industrial, educational, and social-economic zones.

There are buses running regularly from Kanchipuram, Chengalpattu, and Thiruvallur on one side, and from the centre of Chennai City on the other, all day long, from morning until night. Additionally from Sriperumbudur Town to Koyambedu Bus Terminus. As a result, Sriperumbudur is now regarded as one of the best cities to live in.

The residential real estate sector in Sriperumbudur has also experienced significant growth. The area has seen the development of numerous residential projects, including apartments, villas, and independent houses. These projects cater to a diverse range of buyers, from young professionals to families. The availability of affordable housing options and the suburb’s proximity to Chennai have made it an attractive destination for homebuyers. Additionally, the presence of well-developed social infrastructure, such as shopping malls, restaurants, and entertainment centers, has further enhanced the appeal of residential projects in Sriperumbudur.

 Invest In Sriperumbudur

Buyers should always consider connectivity, education system, and development when selecting a plot for investment or building a home. Sriperumbudur is the ideal location for a buyer to get everything he or she desires.

New Chennai Sriperumbudur Airport

A proposed second airport for Chennai. The airport will either be located on a 4800 acre site at Sriperumbudur, in Madurantakam or Gummidipoondi. The development project is not expected to be complete before 2027.