Perungalathur is a suburb located in south-west Chennai and comes under panchayat town in the Kancheepuram district. The name Perungalathur is derived from Lake, which means “A place with the Big Lake”. The area is located between Tambaram and Vandalur on the NH 45 highway and lies close to Kamaraja Nagar, Sadananthapuram, Nedugundram, Srinivasa Nagar and Peerkankaranai.
An IT SEZ is proposed for this locality which when completed would give rise to residential and commercial complexes in the region.
Perungalathur is well-connected through road and rail. By road it offers good connectivity to industrial estates like Guindy, Paddapai, Maraimalai Nagar, Oragadam and Sriperumbudur. Tambaram bus stand and Irumpuliyur are two major bus stops located near Perungalathur. The International airport is 16 kilometers from here and the nearest railway station is Station. In addition to this, the proximity to Tambaram railway junction offers good connectivity to places like Central, Chengalpattu and Kanchipuram.
An overbridge is proposed for this locality which would connect the area with Main Road at Rajakilpakkam and the Road near the Perungalathur station.
Educational Institutions and Hospitals
Some of the schools located in the area are ABC Montessori School, Government Higher Secondary School, St. Annes Matriculation School, The Lords International School and Ebenezer Matriculation School. Popular colleges in Perungalathur are GKM College of Engineering & Technology, Madras Christian College, TMG College of Arts & Science Administration and ram Engineering College.
In addition to schools and colleges, many good hospitals are located here. These include Kasturi Hospital, N S Hospital, Arokia Hospital and Vasan Eye Care.
Real Estate in Perungalathur
Well-developed residential properties in Perungalathur are high on the wish list of the property buyers. Amongst new and upcoming residential projects, some popular ones are Bliss Yard by Oyster Homes, Rainbow Nest and Rainbow Utsav by Foundation and Dhana Bhakiyarm Phase I and II by Maha yogam Homes. Currently, 40 projects are under construction and 13 projects are due for possession in 2014.
The average apartment price in Perungalathur is Rs. 3,800 per sq.ft, the minimum apartment price is Rs. 2,900 per sq.ft and the maximum apartment price is Rs. 8,000 per sq.ft. Unit sizes in Perungalathur range from 412 sq.ft to 1838 sq.ft.