Affordable homes are found everywhere around the 200-feet Pallavaram- Thoraipakkam radial road. The road connects the three principal roads of the city IT corridor, East Coast Road and the Grand Southern Trunk Road. The regions developing around the road has offices of several major players like Cognizant, Wabag India and Concentrix. Real-estate market in the region has seen quality residential projects by well-known names like Plaza, Mantri, Alliance, Vishwakarma and Olympia.To overcome problems like garbage pile up, sewage and water drain overflow the developers are coming up with integrated townships that incorporatesewage and water management systems. The social infrastructure of the area is enriched with magnificent features. The biggest mall in the cityPhoenix mall is just 10 km from the region. The airport and the suburban railway stations of Pallavaram and Velachery are located at a short distance from the region. Commuting from the area is quick and easy with well developed road network and upgraded transportation facilities.
Why Pallavaram Is the fastest developing residential locality of Chennai
The grand surroundings of the Pallavaram includes Chennai’s top localities. The residential hubs of the Old Mahabalipuram Road (OMR) and the Guindy micro-market are located close to this region. The transportation and social infrastructure of the region has potentials of tremendous developments in coming years. With the increase in the number of corporate giants in the area the employment potential has risen exponentially. Well-known names like Embassy and K Raheja Corp are planning to develop A-grade office spaces in the region. Prices of apartments in the region range between Rs 5000 to Rs 6000 per sq.ft. These prices are a lot more in range of the middle-income buyers as compared to localities around it. Improvement in the infrastructure of the area and advent of commercial giants in the region has caused the residential segment of real-estate market to boom in Pallavaram. The metro rail network of the city has reached the adjoining areas from the region. The most important development plan soon to hit the city would be the extension of Pallavaram- Thoraipakkam Road up to East Coast Road (ECR) and the expansion of the metro line along OMR-Medavakkam. With the ability of the area to offer affordable homes close to the regions with huge employment opportunities the demand for residential spaces is set rise in near future.
The residential spaces of Mantri Serene
The well-known real-estate development brand of Mantri Developers are developing a mesmerising integrated township named Mantri Serene at the Pallavaram locality of Chennai. The project encompasses elegant multi-storied towers surrounded by lovely green landscapes. The high-rise towers offer sophisticated apartments in various configurations of 2 BHK, 2.5 BHK, 3 BHK units and some luxurious penthouses. These sets have their sizes ranging between 1480 sq.ft. and 2545 sq.ft. Each of these apartments are expansive in design. The apartments are naturally ventilated, and well-lit. Branded fittings of top quality are used in the complex. Provisions are made for several amenities within this gated community. Facilities provided include, club house, several sports facilities, kids’ play area’ swimming pool, gymnasium, cafeteria, intercom, car parking, theatre, multipurpose hall, waiting lounge, conference room, and much more. The estate comes with green facilities like rain water harvesting, sewage treatment plant, solar lighting for some parts of the common area, etc. Security features of the estate are at par with the industry standards.