Locality Review: VGN Mahalakshmi Nagar, Chennai

Situation and Links

• VGN Mahalakshmi Nagar lies in two main sections of Chennai: Velapachanchodi and Maduravoyal.
• In Velapachanchodi, it's just before Thiruverkadu by 2 kilometers, giving easy access to Poonamallee High Road, Apollo Hospital, Ambattur Industrial Estate, Chennai Metro Rail, and Koyambedu (Bus Station - CMBT).
• In Maduravoyal, the area has much better connections to the rest of Chennai, with close access to main hubs like Koyembedu Metro and Ambattur Railway Station.

Facilities and Amenities

• This place comes loaded with modern conveniences. This includes schools (Velammal International, Spartan School, SBOA, etc.), hospitals (Apollo Hospital Vanagaram, Saveetha Dental, Madras Medical), and shopping stores.
• The area has rapidly developed, so you'll find supermarkets, eateries, and theaters nearby.
• Public transport is nearby, so moving around is easy.

Schools Nearby

• In the vicinity, you'll find many top schools. These include Velammal International School, Spartan School, SBOA School, and Maharishi Vidya Mandir.
• Nearby are colleges and universities like Dr MGR Institute, Mar Gregorios, and PMR Engineering.

Housing Choices

• VGN Exotica (Velapachanchodi): These come with premium 2BHK apartments. The total space of these homes varies from 753 to 1845 sq.ft and belong to a small, exclusive group of just 12 units, highlighting privacy.
• VGN Mahalakshmi Nagar Phase X (Maduravoyal): These are ready-to-move into units, built up from 1305 sq.ft to 1480 sq.ft, priced between Rs. 71.6 lakhs to Rs. 93.5 lakhs. This area hosts 37 units crafted for today's lifestyle.

Pricing and Investment

• Property prices in VGN Mahalakshmi Nagar change based on the phase and area. For example, in Velapachanchodi, you'll see prices ranging from Rs. 1.44 Crore to Rs. 1.63 Crore for 2BHK units.
• Property values in the locality are appreciating, marking it a solid place to invest.

Developer Standing

• The builder behind this project is VGN Projects Estates Private Limited. They have more than 15 years of experience, with total 131 projects and 106 completed projects. Known for good times, quality materials, and top-notch practices in the industry.

PropertyWala’s Conclusion

Mahalakshmi Nagar in Chennai is an excellent choice for both buyers and renters because of its ideal location, rich amenities, and reputable developer. With swiftly growing development, remarkable connectivity, and proximity to core services, it stands out as a convenient choice. If you’re eyeing a quiet, top-notch living or a great investment, VGN Mahalakshmi Nagar is certainly a must-look spot.