Property in Guduvancheri
Guduvancheri is a suburb located in the outskirts of South , about 35 kilometers from the city. It is nestled between Tambaram and Chengalpattu on Road and is the hub of popular areas such as Adhanur, Madambakkam, Kayarambedu, Perumattunallur, Pandur, Karanaipudhucheri, Potheri, Nellikuppam, Thailavaram, Thiruporur and Vellancheri.
Guduvancheri is just a short drive from MEPZ, Mahindra World City and offices of well-known companies like Accenture and Ford via the - Road or the Old Road (OMR).
Guduvancheri is well-connected via roads, railways and public transport. It is situated within proximity to the National Highway 45 which connects it with central Chennai and southern Tamil Nadu.
MTC (Metropolitan Transport Corporation of Chennai) buses offer good transportation facilities to the people residing in Guduvancheri. The Railway network is also located close to Guduvancheri and offers easy connectivity to the other parts of Chennai.
Shopping Malls and Banks
There are several malls and shopping arcades in Chennai including Phoenix Marketcity, Alsa Mall and Express Avenue which are easily accessible from Guduvancheri.
Major banks such as Canara Bank, Bank, Corporation Bank, State Bank of India, Union Bank of India, Overseas Bank, State Bank of Travancore, Karur Vysya Bank and Dena Bank have their branches in and around Guduvancheri.
Educational Institutions and Hospitals
There are several reputed schools in and around Guduvancheri. These include St. Mary's Matriculation School, Euroline International, yar Matriculation Higher Secondry School, iyar Matriculation School and S group of schools.
Prominent hospitals in the area are Nandivaram - Guduvancherry Government Hospital, Sri Sathya Sai Homeo Clinic, Christudas Hospital, SRM Dental College and SRM General Hospital.
Real Estate in Guduvancheri
Guduvancheri is a sought-after locality in South and several renowned developers are developing projects here. Some of these builders include Homes and Construction Builders, Builders, Inforich Property, Gaja Properties & Developers and Steps Stone Promoters Pvt. Ltd. There are 25 ongoing projects in Guduvancheri with 7 due for possession in 2014. Some of the ongoing projects here are Estancia by Arun Excello, Arvind Villa by Arvind Homes, Sterling Estates Lake and Sai by M2 Venturez.
The average apartment price in Guduvancheri is Rs. 3,300 per sq.ft. with minimum and maximum apartment price being Rs. 2,750 per sq.ft. and Rs. 4,300 per sq.ft., respectively. Due to its strategic location, property in Guduvancheri is expected to witness a price appreciation in the near future.
Property rates in Guduvancheri have risen by upto 54.2% in last 6 months.
Some of the recently launched projects in Guduvancheri, that you might be interested in, are Apartments, Bhavanipuram.
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