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Ayanambakkam, Cheenai : Future Prospects

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Ayanambakkam, Cheenai : Future Prospects

Last updated: March 12 2018
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  • Ayanambakkam, Cheenai : Future Prospects

    Hi All,

    I searched topics/threads related to properties in/around Ayanambakkam which is termed as west mogappair extension.

    Can anybody let me know about this area and its future potential ?
    Last edited March 13 2018, 07:39 AM.
  • #2

    #2

    Re : Ayanambakkam, Cheenai : Future Prospects

    I guess this area is next to be exploited after Mogappair and Nolambur. The Appolo hospital is the new tool used by builders there to sell properties. Aishwarya nagar, in particular , behind KG is being targeted.

    If u like the area, I heard that S & P's project near that area is being seen as one which will have good appreciation in future.

    It would be good for people who live in the West and decide to live there for a long time to look at this SP project.

    Comment

    • #3

      #3

      Re : Ayanambakkam, Cheenai : Future Prospects

      We prospected a villa development in Ayanambakkam, off the service road to the Chennai Byepass Road, a bit north of KG Signature City, and behind Apollo Hospitals.

      Location wise we liked that particular location for a villa, but I'm not sure we'd buy an apartment there. There is good connectivity to Vanagaram also. Today infra is lacking for sure, but spillover from Anna Nagar has resulted in Mogappair becoming developed, and so spillover from Mogappair should benefit Ayanambakkam too. There are a number of good schools in Mogappair and this might make sense

      What exactly is the location though? Kil Ayanambakkam or Mel Ayanambakkam?

      Comment

      • #4

        #4

        Re : Ayanambakkam, Cheenai : Future Prospects

        Originally posted by SmartCard View Post
        We prospected a villa development in Ayanambakkam,
        just guesswork, Are you referring to the Ranga woods project?

        Comment

        • #5

          #5

          Re : Ayanambakkam, Cheenai : Future Prospects

          Originally posted by rg9274 View Post
          Hi All,

          I searched topics/threads related to properties in/around Ayanambakkam which is termed as west mogappair extension.

          Can anybody let me know about this area and its future potential ?
          Good potential.

          KG signature city, India land Tec park, HCL etc are close by.

          The price has gone up heaps in the last 3-4 years.

          Amabthur, Mugaperu & Annanagar is closeby.

          VGN has done many projects around the area.

          Plenty of good schools in the area.

          Go for it if you get a clean & good deal.

          Comment

          • #6

            #6

            Re : Ayanambakkam, Cheenai : Future Prospects

            Originally posted by vettipayyan View Post
            just guesswork, Are you referring to the Ranga woods project?
            Yes VP sir. I was indeed referring to the Ranga Woods project.

            Comment

            • #7

              #7

              Re : Ayanambakkam, Cheenai : Future Prospects

              i am extremenly happy to be a part of this forum as most of the new comers (like me) are getting good/quick responses from the senior members in this forum.

              i was searching an apartment for my friend in this area for the last 1 year and after some analysis we booked a flat in S&P Living spaces for a sqft rate of 3450, which i feel is a good deal.
              the current base price in S&P is around 3990 and i also heard that from 1st april they r going to increase the base price by atleast 200 per sqft.

              the CMP in ayanambakkam is around 4200 to 4400.

              Comment

              • #8

                #8

                Re : Ayanambakkam, Cheenai : Future Prospects

                Originally posted by Economist View Post
                Good potential.

                KG signature city, India land Tec park, HCL etc are close by.

                The price has gone up heaps in the last 3-4 years.

                Amabthur, Mugaperu & Annanagar is closeby.

                VGN has done many projects around the area.

                Plenty of good schools in the area.

                Go for it if you get a clean & good deal.
                Yes, the prices were below 3k in 2011 when many projects were launched, but now it has increased by almost 50%.

                Heard that VGN and S&P has huge land banks in this area.

                All schools in/around mogappair are accessible.
                Hospitals like apollo is within walkabale distance and even SRMC is just about 5km away from this area.

                Comment

                • #9

                  #9

                  Re : Ayanambakkam, Cheenai : Future Prospects

                  Originally posted by vettipayyan View Post
                  I guess this area is next to be exploited after Mogappair and Nolambur. The Appolo hospital is the new tool used by builders there to sell properties. Aishwarya nagar, in particular , behind KG is being targeted.

                  If u like the area, I heard that S & P's project near that area is being seen as one which will have good appreciation in future.

                  It would be good for people who live in the West and decide to live there for a long time to look at this SP project.
                  you are right in the sense that all builders are targeting this area with the upcoming 200 bed apollo hospital. the hospital has already started 50% of its operations.

                  Heard from few builders that CMD of Apollo is a very powerful person and wil completely change the infra setup near all his hospitals.

                  Not sure how true the above statement is.
                  Can any senior forum member throw some light on this aspect ?

                  Comment

                  • #10

                    #10

                    Re : Ayanambakkam, Cheenai : Future Prospects

                    Originally posted by SmartCard View Post
                    Yes VP sir. I was indeed referring to the Ranga Woods project.
                    i saw their website about this project and was impressed by their overall plan. the project seems to be less congested with luxury aspects.
                    wats the base price quoted now ?

                    Comment

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