Vandalur-Kelambakkam Road, also known as the IT Corridor, is a stretch of road in Chennai that has witnessed rapid development in recent years. The locality is known for its excellent connectivity and infrastructure, making it a popular destination for real estate investment. Here, we will take a look at the development and growth opportunities offered by Vandalur-Kelambakkam Road.

In the vibrant fabric of Chennai’s real estate landscape, a new star is on the rise, illuminating the city’s skyline with promise and potential. The Kelambakkam-Vandalur road, once a quiet region with Pallava-era roots, has blossomed into a thriving real estate hotspot, earning its stripes as the next big hotspot after OMR. This burgeoning locality seamlessly combines affordability with a future brimming with prospects, making it an attractive alternative as property prices soar in the OMR region.

Connectivity:

Vandalur-Kelambakkam Road has excellent connectivity to other parts of Chennai, with several major roads passing through the area. The Old Mahabalipuram Road (OMR) and the GST Road are the two major roads that connect the locality to the rest of the city. The Chennai International Airport and the Chennai Central Railway Station are also easily accessible from Vandalur-Kelambakkam Road. The area is also expected to be connected to the Chennai Metro soon, making it even more accessible.

Infrastructure:

Vandalur-Kelambakkam Road is known for its excellent infrastructure, with several schools, hospitals, shopping malls, and other commercial establishments in the area. The locality is home to several prestigious educational institutions, including the Indian Institute of Technology Madras (IITM), Vellore Institute of Technology (VIT), and the Hindustan Institute of Technology and Science. The area also has several parks and open spaces, providing a refreshing break from the city’s hustle and bustle.

IT sector growth:

*Witnessing a surge in IT companies, Kelambakkam-Vandalur road is evolving into the epicentre of a thriving urban landscape.

*Fuelled by a skilled workforce and excellent connectivity, the region is not just attracting businesses but also fostering job creation and substantial economic growth.

Educational facilities

*The Kelambakkam-Vandalur road doesn’t just serve as a central point for economic activities; it also functions as a core educational hub. It houses prestigious national and international schools, along with leading institutions like VIT Chennai, SRM Institute of Science and Technology, and Hindustan University, making the area a haven for education.

Comprehensive social infrastructure:

*Beyond its economic prospects, the area boasts a comprehensive social infrastructure that includes established multi-speciality healthcare facilities, entertainment hubs, and shopping malls.

*This confluence of amenities creates a self-sufficient and convenient environment for residents, positioning Kelambakkam-Vandalur road as the heartbeat of a flourishing community.

Affordability and rental yield:

*The road to Kelambakkam-Vandalur road is paved not only with aspirations but also with affordability. Property prices here are significantly more reasonable compared to OMR, making it an attractive option for both homeowners and investors.

*Moreover, the area boasts higher rental yield, with potential returns ranging from 7-9%, surpassing the 5-6% average in OMR. Proximity to OMR and key IT hubs ensures a substantial tenant pool, guaranteeing consistent rental occupancy.

Smart investment for the future:

*In the dynamic world of real estate, Kelambakkam-Vandalur road stands as a testament to evolution and progress. It presents a promising choice for those seeking high rental yield, long-term capital appreciation, or an affordable yet desirable residence.

*With ongoing development, improved infrastructure, and inherent advantages, investing early in Kelambakkam-Vandalur road is a strategic move in the ever-evolving chess game of Chennai’s real estate market. The road to a holistic life, abundant opportunities, and a flourishing community begins here.

*For those eyeing long-term gains, Kelambakkam’s current capital appreciation rates are a testament to the significant rewards for early investors. Its strategic location makes it an attractive entry point for first-time investors or those with more modest budgets.