November 8, 2013

An Affordable Haven for Property Seekers

Avadi is a fast growing suburb in Chennai and it comes under the Thiruvallur district. Located about 23 km North West of Chennai, it is a hub for major defence establishments like the Indian Air Force, Indian Army, Heavy Vehicles Factory (HVF), EFA-Engine Factory, Avadi, Combat Vehicles Research and Development Establishment (CVRDE), Central Reserve Police Force(CRPF), Indian Navy, Central Vehicle Depot (CVD), The Ordnance Depot [OD], Unfit Vehicles park (UVP) and the Ordnance Clothing Factory (OCF). The driving force of growing real estate in Avadi is its affordable cost and proximity to the Ambattur industrial estate hub.

Avadi is well connected to Chennai via rail and bus transport services. The nearest railway station is the Avadi railway station which connects the area to the Chennai Suburban Railway Network. There are regular suburban trains from Avadi to Tiruthani, Chennai Beach, Arakonam, Chennai Central and Thiruvallur.
Property Seekers
In addition, a few express trains travelling down south make a halt at Avadi. The Avadi bus terminus is just a few minutes’ walk from the Railway Station where buses travel to various destinations like Tambaram, Broadway, Thiruvanmiyur, Anna Square, Vivekananda illam, Mandaveli, Poonamallee, CMBT, Thiruvallur, Periyapalayam, and Arani. The surrounding area includes Ambattur, Korattur, Puzhal and Surapet. The main road that connects the city to Avadi is the Kovilpathagai Main Road.
Residents of this locality have access to reputed schools, colleges, hospitals and banks which is the main reason for increased demand for flats in Avadi. Popular schools in this area are Nazareth Matriculation Higher Secondary School, R.C.M Higher Secondary School, Vijayanta Higher Secondary School (V.H.SS), Vijayanta Model Higher Secondary school, Kendriya Vidyalayas, St.Antony's Middle School, Jaigopal Garodia Vivekananda Vidyalaya, VGN Chinmaya Vidyalaya, G.K Shetty Vivekananda Vidyalaya (K.Nagar). Leading colleges like Vel Tech Dr.RR snd Dr. SR Technical University, St. Peters Engineering College, Vel Tech Engineering College, Vel Hightech Engineering College, Vel Multitech Engineering College, Aalim Muhammed Salegh Group of Educational Institutions, Nazareth College of Arts & Science, St. Peters Arts and Science College, S.A Engineering College, Mahalakshmi Women's Arts and Science College, Nazareth College of Education for Women etc. One can find hospitals like the Police Hospital, Heavy Vehicles Factory Hospital and CRPF Hospital which cater to the requirements of employees working in defence establishments.
Since this locality is populated by defence establishments, the population comprises mainly  military officials and middle class people who look for residential apartments in Avadi. The population residing in this suburb is mainly end users, as the Avadi real estate sector is more affordable when compared to its neighbor Ambattur.
 plots for sale in Avadi
Realizing the potential of the suburb, builders in Avadi are coming up with a variety of projects to cater to the needs of various segments. One can find residential plots, lands, independent houses and flats coming up in this locality. Some ongoing projects in Avadi are Elite Ester, Elite Nest and Elite Pearl by Elite Homes, Twin Paradise by AJS Promoters, Asvini NRD Towers by Asvini Foundation, Retreat by Sumanth and Co. Builders like Asvini and Sumanth provide luxurious apartments with innovative amenities like a senior citizen’s nook, basketball ground, lawn party areas, 24/7 power backup and outdoor fitness zones among others.
The average price of residential plots for sale in Avadi is Rs 10,000 per square yard and flats for sale in Avadi can cost around Rs 2948 per square feet.
A good time to invest in flats or plots in Avadi is now, as the prices are affordable and all amenities required can be found in Avadi.