Medavakkam – A Top Investment locality as per Real Estate Experts

Shirdi Shelters Whitefield Mudra Phase 4

About Locality (Medavakkam)

Medavakkam, believe it or not, is touted as one of the top investment region in the Indian real estate market as of today. It is bound by the Velachery-Tambaram road and the Medavakkam-Shollinganallur Road. It is quickly and easily accessible to Chrompet, Pallavaram and St. Thomas mount stations.

You can offer your children with best education as Medavakkam offers good schools with CBSE and matriculation syllabus like the St. John’s public school. It is equal in par in offering collegiate education in Engineering, Arts and Physiotherapy courses. The Global health city, Kamakshi memorial hospital, Annai Therasa hospital are some of the nearby hospitals in this region that offer superior health services.

The airy atmosphere offers a pleasant ambience and the sweet under-ground water is a big plus for the residents in this region.

Real Estate Survey

According to a recent survey, the global property consultant Knight Frank has commented that Medavakkam has emerged as the sixth largest destination in the real estate market among the top 13 real estate destinations in the country. The housing prices are expected to soar high up to 103 percent during the next three years. That goes to say that an investment now could reap multiple rewards in the near future.

Projects in Medavakkam

Due to the forecast of rapid growth in this region by the real estate experts, there have been many projects coming up in Medavakkam. Apartments are available in the price range between Rs. 3,500 per sq.ft. to Rs. 5500 per sq.ft. There are a total number of 105 projects currently in this region. For instance, the Parsn Aahana apartment by Parsn Constructions is a multi storied gate community apartment complex which is spacious and luxurious apartment offered at Rs. 4250 – 4500 per sq. ft with an area of 1265 to 1700 sq. ft. The other available projects are Vasavi Majestica by Vasavi Housing, Pearl Abacus by Pearl constructions, Rohaan Majesty & Rohaan Maple by Rohaan Constructions are some of the classy and innovative projects to name a few. The good news is an investment today in regions like Medavakkam can secure your life in the future for your family.

A proper research goes a long way in choosing a project that is most suitable to your living conditions and within your budget. We at Realty Compass offer solutions to your needs by filtering the best projects in town that are approved by the official sources. Book your apartment today for a secured future tomorrow.

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