Buying a dream house in Chennai is not an easy task as real estate prices are soaring every day. Moreover, you have to choose a locality that provides the best value to your investment. In that case, you have to choose a locality that offers basic amenities as well as value added amenities. Mannivakkam is one such location in Chennai where you can own your dream house at competitive prices and need not have to compromise on the amenities.
Buying plots in Mannivakkam will add great value to your portfolio as the locality has high development potential. Mannivakkam is a well known locality in Chennai located in the SouthWest region. It is an upcoming locality in the metropolitan city and it is surrounded by several popular suburbs like Bharati Nagar, Mudichur, etc. Furthermore, the local administrative bodies have proposed several commercial and residential projects for the growth of the locality.
If you are planning to invest in the real estate sector, Mannivakkam will be a perfect choice. Here are some of the highlights of the locality.
Connectivity:
Mannivakkam has great connectivity with other suburbs in the city. It is located close to Tambaram, along the state highway that directly connects the GST Road to Vandalur Junction. Mannivakkam also provides access to several important roads like NH4, NH5, NH45, GST Roads, NH205, etc.
Multiple options for commute:
Every working professional will have the concern of options for commuting every time they move to a new place. No one will prefer to travel for a long time to reach the office as it can have a heavy toll on their mental and physical health. Most people will prefer a home close to their workplace so that they can save travel time and spend the time on other activities. Mannivakkam is one of the best places to buy properties in South Chennai as it is home to several bus stops, railway stations, etc.
Here are some of the prominent options in Mannivakkam for commuting:
- Karasangal bus stop
- Vandalur railway station
- Karasangal bus stop
- Mannivakkam junction bus stop
Close proximity:
Mannivakkam is located close to several suburbs which makes it a great place to live. Tambaram is located at just 7.5 km from Mannivakkam and so it can be reached in a couple of minutes. Similarly, Urapakkam, Vandalur, Perungalathur, etc., are located close to it. Since the residents of Mannivakkam have several options for education such as international schools, day care, shoulds, etc. Here are some popular options:
- PERI school
- Alwin international school
- Narayana e-Techno school
- Sri Ramakrishna school
Options for banking and the developers
Banking is an important part of anyone’s life and banks are situated close to my neighborhood. A large number of banks are scattered all over the neighborhood. If you are planning on moving to Mannivakkam and are worried about the limited banks.
Get the best treatment from hospitals:
Health will always be the top priority for anyone before purchasing a house. Before purchasing a plot/house, make sure that you know what to ask the real estate developer or seller. And here are some of the most popular hospitals in Mannivakkam:
- Hindu mission hospital
- Mano hospital
- AH hospital
- Anna Arul hospital
- Sayee hospital
Best in class social infrastructure:
Mannivakkam offers the best social infrastructure for its residents as the neighborhood is packed with loads of options for entertainment and relaxation. If you are a person interested in taking a walk in the park or going shopping or watching a movie in cinema halls, Mannivakkam has the option for everything. The locality is also well known for its wide range of restaurants which include:
- Alfasa restaurant
- Ayyanar restaurant
- Disco chettinad restaurant
- Cafe coffee day
- Chettinad hot kitchen
Apart from modern entertainment, Mannivakkam also offers options for nature lovers to enjoy in their leisure time. The following parks in this locality make it one of the best options to buy properties in South Chennai:
- Asthalakshsmi Nagar park
- Bharathiyar park
- Annai theresa Nagar park
- Thiruvalluvar park
Is investing in Mannivakkam real estate still profitable?
Investing in real estate is definitely one of the best ways to get a high profit in the long run, especially if you invest in localities like Mannivakkam. Real estate experts are highly optimistic about the future of this sector as people are drifting towards the suburbs of the city. Buying plots in Mannivakkam not only offers the best value in the long run, but it also offers the best neighborhood for the residents with several amenities.
The local governing body has announced several infrastructure development schemes for the neighborhood which will benefit the residents. Keep in mind that the next few years are extremely crucial for this sector as there is a lot in store for these neighborhoods as several real estate developers have started to invest in top notch projects. Once the proposed development plans start kicking in, the real estate market will gain high traction and the prices will rise.
Conclusion:
Investing in real estate involves a deeper understanding of the market and one should take a strategic approach. Mannivakkam is one of the best localities in Chennai for real estate investment as it has a great potential for development in the near future.
