Overview of Sidco Industrial Estate, Chennai

Location and Accessibility

• Sidco Industrial Estate is at Ambattur, Chennai, in the Tiruvallur District of Tamil Nadu.
• The area falls in Chennai's secondary business district and has good connectivity via major roads like the Madras Thiruvallur High Road.

Property Types and Prices

• For Living:
  • Apartments: Available in various configurations such as 2 BHK, with prices from ₹23 Lacs to ₹1 Cr and square foot rates between ₹4,873 to ₹8,453 per sq.ft.
  • Villas: Two-bedroom villas with built-up areas of about 800 sq.ft are priced at approximately ₹38.25 Lacs.
• To Run Businesses:
  • Industrial Sheds: Rented at ₹20,000 per month, with sizes around 500 sq.ft. There’s a deposit of ₹5 Lacs. The rent per square foot is about ₹40.

Infrastructure and Amenities

• Now:
  • The industrial estate struggles with poorly maintained roads, illegal encroachments, and inadequate stormwater drainage, lacking dedicated parking spaces.
• Soon:
  • Plans include upgrading roads, clearing encroachments, improving drainage, and creating dedicated parking spaces. Plus, there are ideas for enhanced rainwater harvesting, paved pedestrian pathways, and smart traffic management systems.
• Future Plans:
  • Strategies include a transit-oriented development, increased floor space index (FSI) along the metro line for mixed-use development, and use of battery-operated electric vehicles for better connectivity.

Livability and Environment

• Public Spaces:
  • There’s a shortage of green spaces within the estate. Proposals include creating biodiversity zones along the Adyar River, flood protection, and public open spaces to improve the environment and community wellbeing.
• Maintenance and Care:
  • A dedicated revenue model is necessary to maintain these estates, given the current funding shortfall despite industry tax payments.

PropertyWala’s Insight

Buying or renting in Sidco Industrial Estate, Chennai, includes both opportunities and hurdles. While it's a notable economic hub with potential growth due to planned upgrades, it presently deals with several infrastructure problems. Residential buyers will find a range of property types but may face living quality challenges due to the estate's present state. For businesses renting industrial sheds, there’s good availability, but long-term viability hinges on infrastructural improvements. Those looking to buy or rent should track the implementation of improvements and gauge future potential. If government and local agencies resolve these issues, Sidco Industrial Estate could become more attractive and liveable in the years ahead.