Why it is better to choose Sholinganallur to invest in a residential property

Sholinganallur is a locality situated in the southern part of the Chennai on the Information Technology Corridor. The Locality is surrounded by neighboring suburbs like Taramani, Siruseri and Perungudi. These neighboring suburbs are also known for its information technology parks. Sholinganallur is well connected with the Tambaram , East coast road, Adyar, Old Mahabalipuram road, Velachery Main road and Mudichur. Transportation facilities are frequent in this area. It is about 2 kilometers away from the MTC that is Metropolitan Transport Corporation bus stop plus the Velachery Mass Rapid Transit system is also situated about 14 kilometers away from Sholinganallur. The area has well known and reputed schools nearby like Sacred Heart Matriculation Higher secondary school, Government higher secondary school. Colleges like Jeppiaar Engineering College, Sathayabama University and St’Joseph’s college of Engineering. Sholinganallur is one of the sought after residential locality because of the presence of many Information Technology companies. Companies like Wipro, Infosys, Tata Consultancy services, HCL and many more are located nearby and it takes just fifteen minutes to drive. This is the main reason behind the rise in demand for residential properties in this locality. Many IT professionals and their families shift to Sholinganallur regularly. Many residential housing units are being built here especially multi storey apartments. The area has seen a rise in rental values by seven percent. The rental price of a 2 BHK apartment in Sholinganallur generally ranges from INR 8,000 to 20,000 per month. Nowadays many families are looking to own an apartment in the area because of the presence of IT industry. These homes are ideal to experience a comfortable lifestyle. These residential complexes with 2 BHK and 3BHK offer facilities like a swimming pool, jogging track, rain water harvesting, gymnasium, spacious car parking and children play area. To own a 2 BHK in one of the complexes in the area it will cost around INR 39 Lakh. BBCL Midland is one such housing project with all these amenities. In this urbanized country, it has become difficult to find an apartment and even if found, it is situated far away from the work place. The residential projects in Sholinganallur give residents the advantage of managing their professional and private life. Firstly, buying or renting an apartment in Sholinganallur will reduce the time of travelling to work as most of the residential buildings are built very close to the Information Technology parks. Secondly, besides IT companies, there are all the necessary amenities like schools, colleges, health care facilities, and frequent bus and railway services. These reasons make Sholinganallur the perfect destination for investing in the residential projects. To add on to that the areas around Sholinganallur are also improving. For example, Siruseri too has become an Information Technology hub with developments in Infrastructure. There is a decent growth in the real estate sector in Siruseri. So for families looking for a comfortable living with all the essential facilities, connectivity and good neighborhood, Sholinganallur is the perfect destination to invest.