Invest Now! Why Parandur Plots Near Chennai’s 2nd Airport Are the Next Big Thing

Chennai is entering a massive growth phase with the development of its 2nd International Airport at Parandur. Approved as a major greenfield airport project, this upcoming expansion has already positioned Parandur as the No.1 real estate investment hotspot in Tamil Nadu.

If you are searching for a secure, high-return, long-term real estate investment, then plots near Parandur Airport must be at the top of your list.

1. Chennai 2nd Airport Latest Updates (Parandur)

The Government of Tamil Nadu has finalized Parandur as the site for Chennai's second international airport, which is expected to be one of the largest and most advanced airports in India.

Key Latest Updates:

• Project Cost: Estimated at ₹20,000+ crore
• Capacity: 100+ million passengers annually
• Runways: 2 parallel runways
• Model: Greenfield Airport with global standards
• Land Area: Approx. 4,700+ acres
• Environmental Clearance: In progress
• Land Acquisition: Ongoing
• Construction Timeline: Expected to begin by 2025–26
• Operational Expectation: Around 2028–2030

Why this update matters for investors?

Airports bring exponential job creation, business activity, urban growth, and demand for residential spaces.

Early investors get maximum appreciation before construction begins.

Parandur is now on the radar of:

• NRIs
• Chennai IT professionals
• Long-term real estate investors
• First-time buyers
• Corporate buyers

2. Land Investment Growth in Parandur – 2026 Forecast

Parandur land prices have already increased 10–30% in the last year. But the real boom is yet to start.

2026 Investment Forecast

Experts predict:

• 40% to 60% price increase in 2025–26
• 2X growth within 3–5 years
• 5X to 7X appreciation in 10 years (once airport becomes operational)

Why such growth?

• Announced mega infrastructure
• Government's long-term plan for West Chennai development
• Industrial & commercial zone expansion
• Incoming population due to airport jobs
• Less saturated than South Chennai

This makes plots in Parandur the most promising real estate option for 2026.

3. Infrastructure Projects Boosting Parandur Real Estate

Parandur is not developing alone—the entire surrounding region is becoming a massive infrastructure ecosystem.

Major Projects Near Parandur:

8-Lane Chennai–Bengaluru Expressway (Key Advantage)

• Reduces travel time
• Improves commercial movement
• Attracts industries and logistics companies

Chennai Peripheral Ring Road (CPRR)

• Connects Parandur to Ennore Port, Mahabalipuram, Chengalpattu
• Great for logistics, warehousing and ROADSIDE development

Industrial Triad Park Development

Between Vallam – Oragadam – Sriperumbudur

• IT companies
• Automobile factories
• Aerospace units
• Electronics clusters

Parandur sits perfectly near this industrial belt.

Aerospace & Medical Device Parks

Increase job demand → increase residential requirement.

Proposed Metro Rail (Future Planning Stage)

Possible route integration to connect airport with Chennai city.

Improved Water & Power Infrastructure

Government is prioritizing Parandur for long-term city expansion.

All these make Parandur a future-proof investment zone.

4. Why Parandur Is the Next Hotspot for Residential Plots

Parandur is rapidly transforming from a quiet village to Chennai's biggest future residential zone.

Reasons why buyers love Parandur:

✔ Pollution-free, green, calm environment

Perfect for villas, farmhouses, and residential plots.

✔ Close to the new airport

Residential demand will increase 10X once airport operations begin.

✔ Job creation

Airports bring thousands of jobs in:

• Airline services
• Cargo
• Logistics
• Retail
• Hospitality
• Aviation services

All these employees will look for homes nearby.

✔ Affordable land prices

Buyers get more land for less compared to South Chennai.

✔ Ideal for both end-use and investment

Perfect for:

• Villas
• Retirement homes
• Weekend homes
• Farmhouses

Parandur will soon be similar to Bengaluru Devanahalli or Hyderabad Shamshabad—both airport areas saw massive appreciation.

5. Parandur vs Sriperumbudur vs Kuthanur – Investment Comparison

Final Verdict

• If you want maximum long-term returns → PARANDUR
• If you want industrial rental income → SRIPERUMBUDUR

6. Best DTCP-Approved Plots Near Parandur Airport

Not all plots in Parandur are safe. Always choose DTCP-Approved layouts.

Benefits of DTCP-approved layouts:

• Legally verified
• Proper road & drainage planning
• Clear title
• Easy loan approval
• No future disputes

Wisdom Properties offers DTCP-approved plots near Parandur Airport with clear titles and transparent documentation.

7. Why Buyers Prefer Plots Near Major Airports

Buying land near airports is a global investment trend.

Reasons buyers prefer airport zones:

• High appreciation: Airport areas always grow faster than normal city zones.
• Excellent connectivity: Airports bring metro lines, highways, and ring roads.
• Commercial development: Hotels, malls, business parks, IT parks, and logistics hubs come up.
• Rental opportunities: Airport employees, pilots, crew members, airline staff prefer living nearby.
• Powerful resale value: Demand increases every year.

8. Future Rental & Resale Value in Parandur Location

Due to the new airport, Parandur will have massive rental and resale value soon.

Rental Value Potential

• Airport employees
• Logistics and cargo workers
• Hospitality staff
• Corporate travellers

Expect high monthly rental demand once airport operations begin.

Resale Value Potential

When airport construction reaches mid-stage, land prices will rise heavily.

Investors can expect 2X to 4X profit in short term.

9. Why Wisdom Properties Is the Trusted Brand for Parandur Plots

Wisdom Properties is one of the most respected real estate companies in Chennai with 25+ years of trust.

Why Choose Wisdom Properties?

• DTCP-Approved & Legally Verified Projects: Every project is safe, documented, and 100% verified.
• Prime Airport-Growth Locations: Wisdom Properties carefully chooses areas with strong appreciation potential.
• Clear Title & Transparent Documentation: All papers including patta, approvals, parent documents are crystal clear.
• Affordable Pricing With High Return Potential: Perfect for NRIs and first-time buyers.
• Professional Support Until Registration: Guidance from site visit → booking → registration → after-sales.
• Thousands of Happy Customers: Strong reputation built on trust and transparency.

If you want to invest near Parandur airport safely and profitably, Wisdom Properties is your best partner.

Top 5 FAQs About Parandur Airport Plots

1. Is it the right time to buy plots near Parandur Airport?

Yes. Prices are still affordable. Once construction begins, the rates will increase quickly.

2. How much appreciation can I expect?

2X in 3–5 years and up to 7X in long-term range.

3. Are DTCP-approved plots necessary?

Yes. DTCP ensures legal safety and prevents future issues.

4. Is Parandur suitable for building a house?

Absolutely. It is peaceful, safe, and perfect for residential living.

5. Why buy from Wisdom Properties?

They offer genuine plots, clear titles, DTCP approval, and strong customer trust.