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Why Sriperumbudur is the best place to Invest in Land?

Why Sriperumbudur is the best place to Invest in Land?

Sriperumbudur has long been renowned as the place of birth of Sri Ramanuja, the key Vaishnavite philosopher and to the recent state government move of trying to establish a new airport in Parandur, near Sriperumbudur.

But even otherwise, Sriperumbudur is a key point in the highway between Chennai and Bangalore and below are some of the reasons why Sriperumbudur is the best place to invest in plots. Please note as the best real estate company in Chennai, Wisdom Properties offers the best plots for sale in Guduvanchery, DTCP approved plots in Sriperumbudur, DTCP approved plots in Oragadam and DTCP approved plots for sale in Sunguvachathiram.

1. Emerging hub

Sriperumbudur has already emerged as a n industrial hub and now it is developing in the right direction as a residential hub as well. The state government has taken numerous initiatives and has created a special economic zone as well. All this is continuing to have a positive impact and positioning Sriperumbudur as a satellite centre.

With growing industrialization, there is increasing demand for residential properties from employees working in the nearby industrial parks and special economic zones.

2. Chennai–Bangalore highway

Sriperumbudur is one of the key spots on the existing Chennai–Bangalore highway. It is also the starting point for the new Chennai–Bangalore expressway which is projected to reduce the travel time between the two cities to just about 2 or 3 hours. Connectivity and the key location itself are strong selling points.

3. Affordability

Even though Sriperumbudur is well-positioned, its potential is expanding only now. The land rates per square feet are still affordable and there is no problem of water or anything else. Thus, while the potential to appreciate is immense, the affordability is present and hence, even ordinary investors can cut in. Speculators have already stared piling into Sriperumbudur given the already established industrial base and the Irungattukottai special economic zone.

4. Upcoming airport

The upcoming airport near Parandur will give a huge flip to Sriperumbudur as a location. It wil automatically lead to the expansion of existing facilities. This is expected to give a boost to the local economy, as well as to real estate in the region.

5. Growing rental demand

Due to its proximity to industrial zones, there is a growing demand for rental properties in Sriperumbudur. This can provide a steady rental income for property investors. Due to a large floating population from other parts of the country to work in, there will always be occupancy for any property that is rented out.

About Wisdom Properties

Wisdom Properties is a company known for its values, integrity and innovation and they are a leading real estate company in Chennai. They offer a variety of products like plots, farmland, villas and even plots for commercial companies and projects. Presently, Wisdom Properties is offering plots in locations like Kuthavakkam, Sunguvarchathiram, Sriperumbudur, Oragadam etc, which are all near the upcoming airport at Parandur.

Any property from Wisdom is free from any sort of encumbrance or legal challenges. Thousands of customers have benefited because of the same. For more details, contact Wisdom Properties at +91- 93606-93606 or sales@wisdomproperties.com

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