Glimpse into Vigneshwara Nagar, Chennai

Vigneshwara Nagar in Tharapakkam stands out as a developing residential district, combining affordability, amenities, and strategic placement. Let's examine this locality in terms of property investment.

Position and Links

• Vigneshwara Nagar resides in Tharapakkam, near notable landmarks and key facilities.
• Just 10 kilometers from Chennai International Airport, it benefits both travelers and aviation industry workers.
• It’s accessible via main roads and highways, such as the Porur-Kundrathur road.

Property Rates

• The property prices in Vigneshwara Nagar start at Rs. 4,281 per square foot.
• The median rate is Rs. 5,812 per square foot, while the top-end properties are priced up to Rs. 7,500 per square foot.

Types of Property

• Residential Plots: Available plots range in size from 632 sq-ft to 1500 sq-ft, starting from Rs. 22 Lac to Rs. 68.9 Lac. These plots also benefit from features like prime road frontage, garden/park views, and approval by CMDA and RERA.
• Apartments and Independent Houses: For varied buyer segments, you find apartments and standalone houses. The price per square foot hovers between Rs. 5,200 to Rs. 5,600.

Amenities and Facilities

• The neighborhood provides access to renowned schools, engineering colleges, medical colleges, temples, and hospitals.
• Close to essential facilities like DLF IT Park, a hotspot for IT professionals.
• It includes amenities like reliable groundwater, rainwater and storm water management systems.

Growth and Investment Opportunities

• In the past year, property rates in Vigneshwara Nagar have increased about 13.9%, showing strong growth.
• Anticipated infrastructure development in Tharapakkam and adjoining regions makes it a solid investment option.

Lifestyle

• Vigneshwara Nagar mixes residential and commercial areas, maintaining a balanced living atmosphere.
• Residents enjoy the proximity to parks and main roads, adding to their quality of life.

PropertyWala's Summary

Vigneshwara Nagar in Tharapakkam, Chennai, provides an alluring option for both buyers and investors aiming for a well-rounded combination of affordability, amenities, and investment growth. Offering a strategic spot, rising property rates, and key infrastructure, it’s a prime real estate choice. Ideal for first-time buyers or those seeking commercial space, this area presents a lucrative real estate prospect.