All about Ayapakkam
#1 Where is Ayapakkam???
Everyone has the chance of experiencing a great fortune ahead. But how great you become depends on the wise choices that you make on your investment strategy. In that way, here is a place to make good investments. Ayappakkam, situated very close to Ambattur amidst the busy industrial area of the Chennai city, has experienced a consistent growth in its infrastructure. This urban area is sandwiched between Thiruverkadu and the Ambattur Industrial Estate. Apart from this, Ayapakkam has other neighbourhood locations which include important places like Vanagaram and Ayanambakkam. Oragadam, Avadi and Mogappair which are situated within a 4-5 Km range to Ayappakkam. Having a healthy surrounding, Ayappakkam welcomes a good deal of demand.
#2 What could be the possible demand for Ayappakkam???
There remains fluctuations in the property rates in parts of Chennai. So, a suggestion for the investors….. Do act upon the market fluctuations for maximizing your profit. Since the land area in the city has been occupied to the max, the need for land mass has arisen in the neighbouring areas. Likewise, the demand for land in Ayappakkam has increased as the surrounding cities have a very high density of population which caused shortage of land thereby creating the need for living space. On substantial increase in the population in main areas surrounding Ayappakam, there is considerable demand for residential properties to cater their residential needs. There is a handful of options to decide from the gated communities to villas for a high-end residential stay.
#3 How to reach here???
To access this place you can take the roads or the trains. In the case of train, the Tirumullaivayil Rail Way Station and Annanur Rail Way Station are the nearby railway stations to Ayappakkam. However, when it comes to major railway stations, the Chennai Central Rail Way Station is nearly 16 KM from Ayappakkam. For frequent flight travellers, this piece of information is most required by you. Ayappakkam is situated around 12.8KM from the Chennai International Airport. Another awesomely delightful news for commutators visiting their hometown often is that the Chennai Moffusil is just a half an hour travel from Ayapakkam which covers nearly 11km.
#4 Take a tour around the place!!!
Ayapakkam is rapidly developing for it is at stone’s throw to reputed Schools, IT Parks, Colleges, and several other booming Industries. Schools like Velammal, Schram Academy, Ravindra Bharathi and Chaitanya situated in Mogappair are the best that can be listed near to Ayapakkam. For medical emergencies, there are around 10 hospitals in this area and The Apollo Speciality Hospital being one among the largest hospitals, is situated in Vanagaram which is around 4 Kms from Ayapakkam. For people belonging to the IT sector, India Land IT Park is just 4kms from Ayapakkam. There is a well-developed transportation facility featuring regular bus transport in and out in this area. It has connection to the major bus termini of Chennai being T.Nagar and Ambattur Estate.
#5 Property development history of Ayappakkam….
An unknown place becoming a villa owning area has become a common matter in Chennai. Likewise, Ayapakkam has a wide range of plots, apartments as well as villas. A plot can be bought at an average rate of 590 per sqft in Ayapakkam. The average price per sqft for an apartment is noted to be Rs.5536 bagging an increase of 27% from the past. This depicts the growth of this place and its exponentially increasing demand. In the case of villas, there has been a 2.8% rise in its value. The guideline value of Ayapakkam has seen a great leap from the past decade. It shows a 9 times higher cost than the previous decade. This definitely proves the land demand as well as the constructive growth of the area. The comparison between the number of “Nagars” in the past decade and the current scenario will show the rapidly increasing population. There are many construction projects occurring in Ayapakkam featuring villas and independent houses. The rates of these houses go up to 85 lakhs in Ayapakkam for 2 BHK or 3 BHK flats. In the case of 4 BHK flats and gated communities, it crosses 1C.
There can never be price drop when it comes to the Chennai city area. This could be both a boon or a ban. Considering the former, it is always safe to start investing as soon as possible. The consequences should also be taken into account for future needs. Since there has been consistent increase in the guideline value, it is safe to purchase properties in Ayapakkam.
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