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Flats Under 40 Lakh for sale in Semmanjeri Siruseri, Siruseri, Chennai
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About Properties In Semmanjeri, Siruseri, Chennai for Sale
Overview of Siruseri
- Siruseri is a mid-segment locality situated in the southern part of .
- This locality is near Siruseri Sipcot IT Park, Navalur, Padur, OMR and Kazhipattur.
- It is globally recognized as a premier IT destination.
- SIPCOT IT Park is one of the largest IT Hubs in Asia, situated in Siruseri.
- Siruseri has evolved from a quiet village into a residential and commercial hub.
- This locality offers a range of properties, from commercial hubs to premier residential societies.
- The main investor attraction in this locality is OMR (Old Mahabalipuram Road) and SIPCOT IT Park.
- The pincode of Siruseri is 603103.
Siruseri Residential Market Insights
- The average range of residential properties in Siruseri is around ₹ 6,400 per sq. ft. The prices have gone up by 12.3% in the last 1 year.
- The average price of a 1 BHK flat in Siruseri ranges from around ₹ 31 lakh to ₹ 43 lakh.
- The average price of a 2 BHK apartment in Siruseri ranges from around ₹ 41.9 lakh to ₹ 66.35 lakh.
- The average price of a 3 BHK apartment in Siruseri ranges from around ₹ 69.97 lakh to ₹ 87.8 lakh.
- The average price of a 4 BHK apartment in Siruseri ranges from around ₹ 1.1 crore.
- Siruseri is gaining demand in the rental market due to SIPCOT IT Park and good connectivity towards other commercial hubs near Siruseri.
- The average rental price range in Siruseri ranges somewhere between ₹ 19,900 to ₹ 30,900 monthly.
- Some of the key factors that influence the property prices in this region are amenities, carpet size, construction status and connectivity to IT Hubs.
Connectivity and Transport In Siruseri
- The Siruseri area offers the best connectivity via the OMR and the developing metro network.
- Siruseri will have dedicated metro connectivity through Metro Phase 2 (Line 3), with the SIPCOT 1 & 2 Metro Stations serving as the terminal points.
- Siruseri is connected with central via the OMR, and is also easily accessible via the Vandalur-Kelambakkam Road.
- The 20 km metro stretch from Taramani to Siruseri SIPCOT is targeted for completion by 2027.
- These major roads connect the residents to nearby areas such as Navalur, Sholinganallur, and the East Coast Road (ECR).
- The International Airport is approximately 25 km from Siruseri.
- Siruseri is served by an extensive MTC bus network, with the SIPCOT IT Park acting as a major stop for buses.
Social Infrastructure In Siruseri
- Punarjeevan Hospital, Marhura Hospital, and Supreme Speciality Hospitals are the prominent hospitals situated in and around Siruseri.
- Educational institutions like Padma Adarsh higher secondary school, St.Joseph's college of engineering are located here.
- AGS VIRA mall, The Marina Mall, and Vivira Mall are some shopping malls nearby.
- Several dining options are available in Siruseri, like Zaffron, Subway, and The Square.
- For groceries and daily needs, Nilgiris and Reliance Smart are situated in Siruseri.
Employment Opportunities In Siruseri
- Siruseri is strategically located near the SIPCOT IT Park, which is the employment engine of South .
- The locality hosts some of the well-known corporate parks such as Tata Consultancy Services (TCS), Cognizant (CTS), Capgemini, Hexaware, and Aspire Systems.
- The TCS Campus in Siruseri is an architectural marvel, and it accommodates over 25,000 professionals.
- Siruseri is also seeing a rise in co-working spaces and start-up registrations.
- These IT parks and other commercial hubs in Siruseri ensure regular rental demand and stable price appreciation.
Lifestyle in Siruseri
- Siruseri offers a living experience that serves all types of residents in this region, from ambitious young professionals to growing families.
- It is a planned locality and provides best connectivity towards many corporate parks nearby.
- Siruseri is known for having a diverse population including IT professionals, senior management professionals and young families.
- Some of the popular hangout spots in Siruseri are AGS VIRA mall, Subway, De Cafe, and FruitZee juice center.
- Proximity to the ECR (East Coast Road) allows residents to travel easily during weekends towards the Central region.
Safety and Security In Siruseri
- Siruseri is considered one of the safe suburban areas in due to connectivity towards IT Hubs.
- There are dedicated police outposts near the SIPCOT IT Park to monitor the area and manage the heavy flow of traffic.
- Siruseri is equipped with CCTV surveillance and modern traffic signals.
- Regular police patrolling is done in Siruseri to avoid crime incidents, accidents, and illegal activities.
Development and Future Prospects In Siruseri
- The completion of Metro Phase 2 is the most anticipated factor for investing in . It will boost property prices and also rental demand in Siruseri.
- The proposed Multi-Level Elevated Transport Corridor on OMR will further enhance long-distance connectivity.
- Upcoming commercial towers and incorporation of new companies and even startups within SIPCOT will continue to drive job growth.
- The upcoming Purple Metro Line is to have a dedicated station at Siruseri.
Culture and Community in Siruseri
- Siruseri represents a diverse community of all religions and faiths, which comprises IT professionals, senior management professionals and young families.
- This locality has several temples nearby, like Lord Shiva Temple, Thirisakthi Amman Temple, Srinivasa Perumal Temple, and Anjaneyar Temple.
- Siruseri is also known for hosting many cultural events, sports events, and festival celebrations.
Environmental factors in Siruseri
- Siruseri is a fast urbanising area that retains a green environment in central .
- The presence of many IT parks and Thalambur Lake nearby makes it a green environment for working professionals.
- Siruseri offers a green environment and has a comparatively lower AQI than other regions.
Flat Configuration in Siruseri
- Siruseri offers a range of 1 BHK, 2 BHK, 3 BHK, and 4 BHK configurations.
- These properties in this region are available for both sale and for rental purposes.
- Several renowned builders and developers like Casagrand, Appaswamy Real Estates, and Arun Excello have constructed real estate in Siruseri.
- 2 BHK configuration is most popular in Siruseri.
Property Price Growth in Siruseri
- Siruseri has seen a constant increase in property prices in with over 30.6% growth in the last 3 years and around 64.1% in the last 5 years.
- Due to NRI investments, developing infrastructure, and upcoming connectivity projects like the Purple Metro Line, have driven residential demand here.
- Siruseri being a well-known locality in ’s IT Sector, is expected to remain a key investment area for real estate properties.
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