Chennai
- Top Cities
- Other Cities
Commercial Properties Under 2 Crore for sale in Grand Southern Trunk Road Perungalathur, Perungalathur, Chennai
100% Verified Real Estate Properties Chennai. Find New Real Estate Projects & Best Selling Properties in Grand Southern Trunk Road Perungalathur, Perungalathur, Chennai. 0 Verified Flats/Apartments/Villas Only At HomeBazaar.Com.
[ Read More ]
+ Show More
Showing 0 Properties
Builder Rating
With Street View
With Video
Applied Filters
perungalathur✕
1 Cr - 2 Cr✕
Clear All
About Properties In Grand Southern Trunk Road, Perungalathur, Chennai for Sale
Overview of Perungalathur
- Perungalathur is known to be the Gateway of South Chennai.
- It is a vital residential suburb positioned along the GST Road (NH-45).
- The locality is categorised into East Perungalathur and West Perungalathur. The railway line acts as the primary divider.
- It is surrounded by other localities such as Tambaram, Peerkankaranai, Mudichar, and Vandular.
- The locality offers a mix of ready-to-move apartments, independent houses, and plotted developments.
- It is a significant investment option with top-tier builders such as Casagrand, Shriram Properties, and Urbanrise.
- It is famous for its strong connectivity, which is anchored by the Perungalathur Railway Station and the frequent MTC bus services.
- The upcoming Kilambakkam Bus Terminus will further enhance the connectivity.
- The pincode for Perungalathur is 600063.
Perungalathur Residential Market Insights
- The property price in Perungalathur generally ranges from Rs. 5,500 to Rs. 8,900 per sq. ft.
- The average rate for apartments stands at Rs.7,000 per sq. ft.
- A 2 BHK apartment typically ranges from Rs.44.7 lakh to Rs.66.9 lakh.
- A 3 BHK apartment typically ranges from Rs.74.8 lakh and Rs.1.6 crore.
- The locality commands a healthy rental market with average prices ranging from Rs.9,000 to Rs.55,000 per month.
- The locality strongly appeals to investors seeking rental yield due to its connectivity and suburban lifestyle.
Connectivity and Transport In Perungalathur
- Perungalathur is anchored by the GST Road.
- It serves as the primary entry point for all traffic coming from southern Tamil Nadu into Chennai.
- The locality’s starting point is the Chennai Bypass, providing a signal-free corridor.
- The upcoming Eastern Bypass will link Perungalathur to Rajakilpakkam, reducing the long traffic hours.
- The Kalainagar Centernary Bus Terminus is located just 4-5 km away in Kilanbakkam.
- The Perungalathur Railway Station is a vital link on the Chennai-Chengalpattu suburban line.
- The multi-lane Perungalathur flyover on GST Road significantly eases the traffic.
- The Blue Line extension is proposed which will commute people from the airport to Kilambakkam.
- The Chennai International Airport (MAA) is 20-25 minutes away.
- The Vandalur-Oragadam road connects Perungalathur to the industrial belts.
Social Infrastructure In Perungalathur
- The locality is a preferred choice for families with schools like St. John’s Matriculation, Velammal Vidhyashram, St. Anne’s School and SSM Academy.
- The higher education institutions available are Madras Christian College, BS Abdur Rehman Crescent Institute, and SRM University in nearby Potheri.
- The immediate healthcare facilities in the locality include Annai Arul Hospital, Saradha Hospital, Samyukta 24-Hour Maternity Hospital, and Hindu Mission Hospital.
- The area is anchored by Shriram the Gateway, which includes IT giants like Accenture and BirlaSoft.
- The malls such as Aerohub Mall and Grand Galada Mall are premium shopping and cinema options.
- The Perungalathur Lake is minutes away while the Arinagar Anna Zoological Park (Vandalur Zoo), are great weekend options.
- The locale has several temples and churches including the Srinivasa Perumal Temple.
Employment Opportunities In Perungalathur
- Perungalathur owns a massive 58-acre integrated IT park, serving as a primary employment driver.
- It houses global giants such as Accenture, Sutherland Global Services, Movate (formerly CSS Group), and BirlaSoft.
- The Madras Export Processing Zone (MEPZ) in Tambaram is just 5-6km away.
- Multiple industrial and automobile hubs located on Vandular-Oragadam Road offer employment opportunities.
- Major companies like Renault-Nissan, Royal Enfield, Apollo Tyres, and Daimler are located there.
Lifestyle In Perungalathur
- Perungalathur offers a calm, residential, and fast-developing lifestyle.
- It strikes a balance between suburban serenity and urban connectivity.
- There are several residential projects around the area with a mix of traditional families and young professionals.
- The local eateries and south indian restaurants are the primary hangout spots. The Madurai Parotta, Madurai Bhawan, and Kamats Legacy are the popular options.
- The entertainment options include Vandular Zoo and Kishkinta Amusement Park.
- The weekends are spent at Aero Hub Mall and Grand Galada Centre Mall. Tambaram & Chromepet are huge retail hubs.
Safety and Security In Perungalathur
- Perungalathur is a primary choice for families and IT professionals for its gated communities and high-level security.
- These communities keep the residents safe with access-controlled entry, biometric entry at homes, and visitor management apps.
- Major junctions around the area consist of CCTV surveillance for extra security.
- The Perungalathur Police Station and Otteri Police Station are within a 15-minute distance.
- The area is a major transit hub for south-bound buses and suburban trains, keeping the GST Road active and well-lit 24/7.
- Patrolling is done every night to prevent any wrongdoing or misconduct in the area.
Development and Future Prospects In Perungalathur
- The new metro extension from the airport to Kilambakkam will travel through Perangalathur, having its own station.
- This will also make the trip to Chromepet, Tambaram, and Vandalur easy.
- The upcoming Perungalathur flyover will encompass 8 lanes, easing the traffic on GST Road.
- The Dr. APJ Abdul Kalam Park is getting a new look by CMDA. It will get a children’s park, a senior citizen zone, better water storage, and improved landscaping.
Culture and Community in Perungalathur
- Perungalathur is a self-sustained town and largely populated by young professionals and families. The crowd is very energetic.
- Large-scale townships like Shriram Park 63 and SSM Nagar offer a vibrant social life.
- These communities are known for exclusive clubhouses with multiple amenities. Everything from sports, yoga and meditation zones to mini theatres and senior citizen meetups is within reach.
- The festivals like Diwali, Christmas, and New Year are widely celebrated; some communities even organise music nights, food stalls, and sports tournaments for children.
- There are street possessions during traditional festivals like Pongal and Aadi Thiruvizha.
- On weekends people go for picnics in local parks or visit cafes or fine dining restaurants.
- A heavy footfall is witnessed in Grand Galada Centre Mall and the local Sunday market.
Environmental Factors in Perungalathur
- Perungalathur enjoys a unique forest-to-lake ecosystem.
- Residents are proud of the greenery around their locality. The Arinagar Anna Zoological Park, 3 km away, is popular for morning walks.
- The local residents make efforts to maintain the greenery, showing a nature-loving community spirit.
- The Vandalur Reserve Forest is adjacent to Perungalathur, acting as a natural air purifier.
- There are several parks around the area. Dr. APJ Abdul Kalam Park, Ranga Nagar Park, and Mannivakkam Park are some family-friendly parks here.
Flat Configuration in Perungalathur
- Perungalathur primarily consists of 1 BHK, 2 BHK, 3 BHK, and 4 BHK flat configurations.
- In this locality, however, 2 BHK apartments are in most demand.
- The locale offers a mix of premium housing along with plots, villas, and independent floors.
- The premium residential communities are well-equipped with amenities and primary facilities within the vicinity.
Property Price Growth in Perungalathur
- The YOY property price change in Perungalathur has been around 20.7%.
- The area witnessed a property appreciation of 55.6% in the last few years.
- The annual rental yield in the area is around 5%.
- In the coming years, Perungalathur will witness a high appreciation due to rapid infrastructure development and improved connectivity.
Properties in Grand Southern Trunk Road, Perungalathur, Chennai Search by Filters
Search Flats in Grand Southern Trunk Road, Perungalathur, Chennai by BHK
Flats in Grand Southern Trunk Road, Perungalathur, Chennai by price
Other Property Types in Grand Southern Trunk Road, Perungalathur, Chennai
Popular Localities in Chennai
Properties in AdyarProperties in EgatturProperties in KelambakkamProperties in ManapakkamProperties in MylaporeProperties in NallambakkamProperties in NungambakkamProperties in PadurProperties in PallavaramProperties in PallikaranaiProperties in PeramburProperties in PerungudiProperties in SholinganallurProperties in ThaiyurProperties in Thalambur
[ View More ]