Why Investing in Tiruvallur Real Estate is the Next BigDeal
Back in 2011, the Chennai Housing and Urban Development mooted a development plan for a fast-growing Tamil Nadu and according to reports from 2017, the plan is finally getting into shape. The development plan is to expand the city limits from existing 1,189 sq. km. to 8,878 sq. km. The fivefold expansion is planned to bring neighbouring districts which include Tiruvallur. This will bring it within the urban realms; driving major focus on infrastructure projects as well as protection of the cultivable land. Along with such development, comes a good employment opportunity as well.
Also, the proposed extension of Tiruvallur and Kancheepuram to Chennai, if actualised, will urbanise an aggregate of 1,709 towns in Kancheepuram and Tiruvallur locale, and make Chennai the biggest urban district in the nation after Delhi-NCR. Greater than Bangalore (8005 sq. km), Hyderabad (7100 sq. km) or Greater Mumbai (4355 sq. km) and hence building a major market of development in the area.
"With Sriperumbudur transforming into a modern centre point, particularly for the assembling segment, the zones amongst Sriperumbudur and Thiruvallur are quickly developing," said S. Shanmugam, a land merchant in Thiruvallur. Better availability amongst Thiruvallur and the nearby parts of the city is another explanation behind residents in the western rural areas to moving to the edges. On the other hand, consistently, on an average, around 260 rural trains are being worked on the Chennai–Tiruvallur rail line within excess of two lakh suburbanites utilising the administration’s every day. Most of the streets up to Tiruvallur are tar-beaten and have standard transport benefit. Tiruvallur is touted as one of the fastest developing industrial districts of Chennai due to its connectivity. Improved living standard and better employment opportunities are the end results of any developing city and this city shows early signs of great progress.
According to our research, here are a few plans that have been made for the districts connectivity to the city:
-The outer ring road that provides connectivity to Tiruvallur will be upgraded to facilitate connectivity. Grand Southern Trunk and Sriperumbudur will be augmented to establish a hassle-free link between the core and peri-urban areas.
-The much-postponed extension agreement of congested Chennai-Tirupati interstate highway has now finally crossed a noteworthy obstacle after the NHAI finished the knotty land procurement for taking up the work. This came as a much-awaited ruling and the effects will be favourable for the society. Now, the sources in NHAI said that the work will commence as early as in a couple of months and the officials, also look keen on putting the work on the go!
-Now everything looks clear and promising on this issue of highway and connectivity development.
More residents in the western and north-western parts of the city including Mogappiar, Padi, Ambattur, Vannurpet, Maduravoyal, and Annanur are progressively moving towards Thiruvallur and the regions around it, including Veeppampattu, Putlur, Pattabiram, Sevvapet and Thiruninravurur. One reason for the movement to the temple town is that availability of all goods and services like Mogappair, Ambattur and Anna Nagar. Further, the boundaries around Tiruvallur are less congested and less dirtied for commutation.
Potential residents and investors planning on to invest in this area have a lot to get, as the area got free from the land acquisition charges and the highway work and proposed Airport Terminal near Thiruvalangadu is on the take off now! This area is backed by the local government and the officials now, so the hopes are going up and the development looks the last stop for sure. Abraham Jacob, who was chief operations manager, Southern Railway till 2011, said Tiruvallur has emerged as a metropolis and it was a genuine requirement. Various infrastructures will also be erected on this land for accommodating as many dreams coming to this city and making it a complete justified land of hopes and opportunities.