Description
Livability Score is a measure of proximity of the property to essential facilities and amenities on a scale of 0 to 108.1
Transit Score is a measure of how well a property is served by public transit on a scale from 0 to 108.6
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Independent Residential/Commercial Property for Sale ? Prime Location in Chennai (Kolathur Constituency)
Available for direct sale: an independent residential/commercial plot with a G+1 building located within the Chennai Corporation limits, measuring 2820 sq. ft. with a 40 ft. wide front road in Periyar nagar west (Jawahar Nagar) near Periyar Nagar Bus Terminus.
An independent residential/commercial land with a Ground and first floor building in Periyar nagar is available for direct sale with Chennai CMDA Approval and a clear title. The property, measuring 2820 sq. ft. with a 40 ft. wide front road, is located in a prime area in Kolathur Constituency, making it ideal for both residential and commercial use.
Prime Location & Infrastructure:
The property is just 100-500 meters from key amenities, including the bus stand, Government Peripherals Hospital, post office, and Paper Mills Road. The area is seeing significant development, such as:
The Periyar Nagar Bus Stand being redeveloped into a bus stand and commercial complex.
The Peripheral Hospital expanding to 4 floors, with 6 more under construction.
The Paper Mills Road is set to be widened into a 4-lane road to accommodate increasing traffic.
The property faces Periyar Nagar, a Secretariat Colony with wide roads, providing a prestigious and peaceful environment.
Frontage and Utilities:
The property benefits from clear frontage, with no obstructions like EB transformers, trees, or hawker shops, making it convenient for redevelopment. Additionally, the electricity lines are laid underground, which improves both aesthetics and safety.
Being within Chennai Corporation limits, the property has access to essential city utilities like Metro Water and sewage connections, making it a fully serviced residence.
Connectivity:
It is near the upcoming Metro line from Madhavaram via Retteri and Perambur, enhancing connectivity across Chennai and increasing the long-term value of the property.
Rental Income & Investment Potential:
The property is currently generating a rental income of ?30,000 per month, providing an attractive investment opportunity with immediate returns.
Versatile Usage:
Ideal for businessmen, HNIs, or anyone looking to remodel the property to suit their needs whether for residential, commercial, or mixed-use purposes. The surrounding neighborhoods of Periyar nagar, Jawahar Nagar, and SRP Colony further add to the appeal of the locality.
Note
Only direct buyers are welcome, and agents, brokers, and mediators are not encouraged to inquire.
For serious inquiries, potential buyers are advised to visit the locality to get a better understanding of the area. Interested parties can reach out via WhatsApp or call for further details.
Are you looking to buy land/plot for building your dream home or as an investment, without a broker? Check out this amazing residential plot for sale in Periyar Nagar West, chennai. At an attractive price of Rs.4,00,00,000, the property will be available from 11-10-2024.
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