Know your Neighbourhood Spotlight 2023 - Sriperumbudur, Chennai

Situated about 40 kms southwest of Chennai, Sriperumbudur is a famous landmark in the Chennai - Bangalore national highway, home to and ancient temple and industrial zones. Based on over 10 years of experience, Wisdom Properties has seen Sriperumbudur grow leaps and bounds. Overall Sriperumbudur is an important nerve centre close to Chennai and plays a critical role in the central and state economy.

Below are some of the top items in the spotlight with regard to Sriperumbudur:

1. Irungatukottai Industrial Area

The Irungatukottai Industrial Park was established in the early 2000s with the aim of promoting industrial development in the Sriperumbudur region. The park is strategically located near the Chennai-Bangalore National Highway and is well-connected to other parts of the state through a network of roads and railways.

Key industries in the automobile sector, pharma and electronics are located here. Admired names like Hyundai, Ford, and BMW, have set up their manufacturing units in the park. The park is also home to several auto-component manufacturers, which supply components to the automobile manufacturing units in the park. Other brands that find a presence here include Samsung, Nokia, Pfizer and Orchid Chemicals.

2. ELCOT Sriperumbudur

ELCOT Sriperumbudur is a technology park located in Sriperumbudur, Tamil Nadu, India. It is owned by the Tamil Nadu government and managed by the Electronics Corporation of Tamil Nadu (ELCOT). The park is spread across over 300 acres and is dedicated to the development of the IT and electronics industries.

The ELCOT Sriperumbudur technology park is a major hub for software development and IT services in Tamil Nadu. It houses several IT and electronics companies, including HCL Technologies, Infosys, and Wipro.

3. Greenfield Airport

The new greenfield airport is proposed to come up near Sriperumbudur, since the Chennai airport has reached peak operational capacity. Bothe domestic and international passenger traffic is expected to be handled here. In addition to providing better air connectivity to the region, the new airport is also expected to have a significant impact on the local economy. The airport is expected to create thousands of jobs, both directly and indirectly, in sectors such as tourism, hospitality, and transportation. It will also attract new businesses to the region, as companies look to take advantage of the improved connectivity and access to markets that the airport will provide.

4. Chennai-Bangalore Expressway

Chennai-Bangalore Expressway is a modern six-lane highway that connects the cities of Chennai and Bangalore and is expected to reduce traffic, save fuel and improve connectivity. It is an extremely prestigious and important project that will add value to the industrial corridor and benefit both Karnataka and Tamil Nadu. Sriperumbudur is situated right at where the expressway will begin at the Tamil Nadu end and this is going to impact the local economy positively.

5. Metro Rail Project

With the proposed greenfield airport coming up near Sriperumbudur, connectivity will play a critical role and Sriperumbudur is said to reap lot of benefits. In order to connect Chennai city with the new greenfield airport, a metro rail project will be key and it will definitely pass through Sriperumbudur. Further, the feasibility study for this project has already been initiated.

About Wisdom Properties

Wisdom Properties is a leading real estate company in Chennai and some of the areas in and around Sriperumbudur where we offer properties and plots for sale are

1. DTCP approved plots in Oragadam
2. DTCP approved plots in Kanchipuram
3. DTCP approved plots in Kuthavakkam near the proposed greenfield airport
4. DTCP approved plots in Sunguvarchatram

Founded by professionals with deep expertise in the real estate sector, we have served thousands of customers and helped them achieve excellent return. All our properties are free from any encumbrance or legal hurdle and our excellent reputation means that loans from respected financial institutions can be easily availed. We assure of CLEAR TITLE lands at all times and our unwavering focus lies in 3 critical areas – innovation, quality and transparency.

For more details, contact sales@wisdomproperties.com or +91 93606 93606.