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Overview of Vengaivasal, Chennai

Overview of Vengaivasal, Chennai - Real Estate special

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The chief of the outstanding benefits in Vengaivasal is that although the area is receiving much attention and focus from Real Estate investors and industry experts, the region still supports low property values and rental income in Chennai!

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Page 1: Overview of Vengaivasal, Chennai - Real Estate special

Overview of Vengaivasal,

Chennai

Page 2: Overview of Vengaivasal, Chennai - Real Estate special

Suddenly, the apartments in Vengaivasal are in great demand today. Located

at just 30 kms from the Central Business District (CBD) of Chennai,

Vengaivasal is today witnessing major Real Estate developments in Chennai.

The region may be currently home to only a few hundred thousand residents

but is gearing towards major developments in the years to come. Several

premium builders of Chennai have launched a number of residential projects in

Vengaivasal. And today, prices of residential apartments and other properties

here are a lot more affordable when compared to many other parts of Chennai.

However, the same cannot be said in the next couple of years.

Page 3: Overview of Vengaivasal, Chennai - Real Estate special

Vengaivasal - What you need to know?Vengaivasal - What you need to know?

Vengaivasal located near Medavakkam is no longer a distant suburb lacking

urbanization. It is a small and beautiful region located in the southern suburbs

of Chennai city. It is today a developing suburb but one that shows immense

potential to grow into a thriving residential locality.

Builders in Chennai have made a rapid entry into the suburban region

Vengaivasal, in the

last couple of years,

anticipating the

demand and

popularity the region

is likely to

demonstrate within a

short span of time.

Vengaivasal promises a lot of opportunities and benefits that many other

regions in the city do not possess to offer. Let us explore the differentiating

factors of Vengaivasal over other suburbs of Chennai.

Page 4: Overview of Vengaivasal, Chennai - Real Estate special

Availability of AmenitiesAvailability of Amenities

Vengaivasal is a quiet and calm suburb ideal for residential communities to

come up. There is reduced traffic congestion

when compared to the traffic chaos in the

nearby Velachery or Tambaram regions. Hence,

livability quotient of this region is very high.

Vengaivasal will not face the dearth of water supply since it is

replenished by the nearby Periyeri and Sitheri rivers. Good

water levels represent one of the biggest reasons why Real Estate

builders and investors are rushing to places like Vengaivasal to

invest in both residential and commercial properties. Many places

in Chennai including some regions in the Central Business District

(CBD) still face a dearth in water supply and hence make living

very complicated and challenging.

Since Vengaivasal is garnering interest and

construction activities now, social infrastructure in

this region is also gradually developing. A number

of premium schools, modern hospitals and fancy

Page 5: Overview of Vengaivasal, Chennai - Real Estate special

restaurants and hotels have made it to Vengaivasal thus contributing to the

lifestyle of urban Chennai.

Connectivity to the important regions of

Chennai further enhances the

investment appeal of Vengaivasal. The

work zones of the city are located in

close proximity to Vengaivasal thus

making the region attractive as a

residential locality amongst those whose

work places are adjacent.

Property and rental values in Vengaivasal are more

attractive since the region represents a growing suburb

offering better affordability. The region is one destination

that can be afforded by even the middle income

community of investors.

Page 6: Overview of Vengaivasal, Chennai - Real Estate special

ConnectivityConnectivity

Vengaivasal is well connected to many of Chennai’s prime destinations like

Medavakkam, Kovilambakkam, Tambaram and Sithalapakkam. The growth

observed in these areas has directly reflected on Vengaivasal that is today

growing at a big rate. The suburb railway station at Tambaram is just 8 kms

from the region. It is also connected to the Vengaivasal Bus Terminus.

Central Railway Station and Chennai’s International Airport are all in the

vicinity and enable quick and easy access to destinations within and outside

Chennai. Connectivity to workplaces is also the best from Vengaivasal. All

important commercial hubs of Chennai like the IT corridor at OMR, SEZ in

Tambaram and other industries are well connected to Vengaivasal. Hence,

people working in these places find Vengaivasal to be one of the ideal places to

live in.

Property ValuesProperty Values

One of the most important benefits in Vengaivasal is that although the area is

receiving much attention and focus from Real Estate investors and industry

experts, the region still enjoys the benefits of low property values and rental

income, with the Sunday apartments in Vengaivasal earning special mention.

Hence, home buyers and Real Estate investors are flocking to this region to

Page 7: Overview of Vengaivasal, Chennai - Real Estate special

reap large returns tomorrow. Apartments in Vengaivasal enjoy maximum

benefits easily making them enjoy greater demand in the years to come.

Sumangali HomesSumangali Homes' SUNDAY

Near Gold Winner Company, Vengaivasal

Land Area 37628 Sq.ft

Number of Blocks 11 Blocks

Number of Units 72 Units

Number of Floors G + 2 Floors

Page 8: Overview of Vengaivasal, Chennai - Real Estate special
Page 9: Overview of Vengaivasal, Chennai - Real Estate special
Page 10: Overview of Vengaivasal, Chennai - Real Estate special
Page 11: Overview of Vengaivasal, Chennai - Real Estate special

Chennai has emerged as a city where investing in Real Estate property is

challenging for middle income groups of people. This is when areas like

Vengaivasal can offer abundant opportunities to develop and grow. Builders in

Vengaivasal are also constructing premium and modern flats anticipating the

demand the region is expected to demonstrate in the years to come. A number

of 2 and 3 BHK apartments and high rises are available here to accommodate

the fancies of property investors for purchase and rentals. Entry of premium

builders in Vengaivasal, is likely to accelerate the lifestyle and appeal of the

region.

Page 12: Overview of Vengaivasal, Chennai - Real Estate special

Sumangali Homes Pvt Ltd5/158, Perumal Kovil Street,

Medavakkam, Chennai -600100

WEB: www.sumangalihomes.in E-MAIL: [email protected]

PH: +91 44 3100 3100 MOBILE: +91 95510 70306