Location and Connectivity

Nelson Manickam Road, situated in the bustling Aminjikarai neighbourhood of Chennai, stands as a significant and highly connected spot. A quick look at its location:

• Nelson Manickam Road acts as a central hub linking prime areas such as Chetpet, Kilpauk, Anna Nagar, and Nungambakkam.
• Effortless access to major arterial roads like Sterling Road and EVR Road, ensuring smooth travel across Chennai.
• Just one kilometre from Nungambakkam Railway Station, making city commute convenient.

Infrastructure and Amenities

This place boasts various amenities, appealing to both residents and businesses:

• Roads and Utilities: The road is well-paved and wide, enabling smooth traffic. You'll enjoy uninterrupted electricity, water supply, and a well-kept drainage system.
• Healthcare: Well-known hospitals like MGM Healthcare, Billroth Hospitals, and SIMS Hospital nearby.
• Education: Top schools such as Lalchand Milapchand Dadha Senior Secondary School, Arputharaj Matriculation Higher Secondary School, and John Milton English School offering quality education.
• Shopping and Entertainment: The Ampa Skywalk mall provides numerous shops, restaurants, and entertainment options.
• Banking and Financial Services: Several banks and financial institutions along the road ensure easy access to services.

Real Estate Market

From the real estate angle, Nelson Manickam Road has some enticing features:

• Property Rates:
  • Properties start at Rs. 994 per sqft, with an average price of Rs. 9,630 per sqft. The most expensive up to Rs. 16,666 per sqft.
  • Prices show an upward trend, signifying potential for appreciation.
• Availability and Demand:
  • Limited land availability increases demand and investment value.
  • Properties like apartments, independent houses, and villas fit various budgets.
• Notable Projects:
  • The upcoming Taj Sky View Hotel and Residences project by Indian Hotels Company Limited (IHCL) and Ampa Group, a luxury development offering branded residences, boutique offices, and fine-dining, a spa, and more.

Future Developments

Here’s what’s on the horizon for the area:

• Improved Traffic Management: Plans are in place to decrease congestion and enhance traffic flow.
• Enhanced Parking Facilities: More parking spaces for cars are to be added to meet rising needs.
• Green Initiatives: Creation of green spaces for a balanced, sustainable environment is in the works.
• Metro Connectivity: The nearby Kilpauk metro station on the Chennai Metro Green Line will amplify connectivity and likely boost property values.

PropertyWala's Conclusion

Nelson Manickam Road in Chennai presents a highly appealing investment opportunity due to its strategic location, strong connectivity, active commercial activity, and limited land. The area’s solid infrastructure, diverse amenities, and future development potential make it a promising choice for commercial and residential real estate ventures. Whether to buy or rent property, Nelson Manickam Road provides a blend of convenience, connectivity, and potential for long-term value, making it a smart real estate investment.