Posted on 20th July 2024
The fast emergence of residential communities in Mambakkam-Medavakkam, and particularly villas in Medavakkam, point to a quantum shift in residential buying among the Chennai residents
Mambakkam-Medavakkam has been in the spotlight with a lot of residential real estate developments. There is a growing demand for housing and these two areas are attracting buyers looking for spacious and luxury housing.
Once a quiet suburb lying at the fringes of Chennai, Medavakkam has now been transformed into a realty hotspot. The number of villas in Medavakkam is on the increase, inviting the attention of those families and professionals opting for the perfect blend of urban convenience with suburban tranquility. Here are some of the main key benefits that make villas stand out among other real estate market segments.
1. Spacious living: Villas in Medavakkam offer much more space than apartments; a minimum of a few bedrooms, private gardens, and sometimes a very own terrace area.
2. Privacy: Owning a villa instead of an apartment grants greater personal space and, therefore, greater amounts of privacy among family members.
3. Customization options: A good number of villa projects will let customers make some changes to their homes, so you can add a personal touch to your living space.
4. Community living: A majority of the villas here are nestled within villas, which add to the security and the liveability of the shared facilities.
5. Appreciation capability: Given the trend of the area's development, villas for sale in Medavakkam have high potential for investment prospects.
The rapidly growing demand to get a villa for sale in Medavakkam is an indication of its fast-growing popularity. There are various reasons for the growing demand, and they are:
1. IT corridor proximity: Probably the most advantageous aspect that the people looking for in a villa for sale in Medavakkam is its proximity to the Old Mahabalipuram Road (OMR) IT corridor.
2. Infrastructure: Infrastructure is developing fast and with proposed works, such as the expansion of roads, the metro line being proposed, all enhance the connectivity of the place with the rest of Chennai.
3. Well-known schools and colleges: Renowned schools and colleges are located in and around Medavakkam. This makes it ideal for those looking for a home near such amenities.
4. Affordability: Unlike some prime areas in the city of Chennai, the value for money offered by villas in Medavakkam makes buying villas there feasible.
5. Green spaces: The area still retains pockets of greenery, making it refreshing for residents.
While there are many options for villas for sale in Chennai, Medavakkam has carved a niche for itself. Here's why:
1. Balanced location: Medavakkam offers a perfect balance between urban amenities and a relatively peaceful environment, unlike some of the more congested areas in Chennai.
2. Growth on the horizon: With the current development projects in the pipeline, the possibility of investment appreciation is high, making it an ideal investment option.
3. Diverse options: From affordable villas to luxury options, Medavakkam can fit into most budgets or preferences.
4. Modern amenities: Many of the villa projects within Medavakkam incorporate modern amenities such as clubhouses, swimming pools, and fitness centers.
5. Social infrastructure in the making: Shopping centres, hospitals, entertainment options are all coming up fast and it is a sure shot sign of enhanced quality of life in the area.
While our focus has been on villas in Medavakkam, it is worth mentioning its association and the close linkage with the neighboring Mambakkam. The spillover development in Medavakkam has played its part in the development of residential communities in this area, too. Now, many real estate projects are spread across both localities, giving more options to prospective buyers.
The prospects are quite good for a residential community around the Mambakkam-Medavakkam area, more so for those planning to live in villas. With plans for better infrastructure, like road connectivity and at some point, perhaps even a Chennai Metro link, this area has the potential to become one of the most sought-after residential spots, for homebuyers and investors.
The work-from-home options post-pandemic has made many people look for spacious homes in less congested areas, and here villas in Medavakkam score high.
The fast emergence of residential communities in Mambakkam-Medavakkam, and particularly villas in Medavakkam, point to a quantum shift in residential buying amongst the Chennai residents. It offers an area of compelling combination of space, amenities, potential for appreciation and 'positioning', making it an excellent alternative for end-users and investors.
For those looking to buy a villa in Medavakkam or searching for villas for sale in Chennai, this locality offers ample scope to be a part of a fast-developing suburb that assures great quality of life.
Villas in Medavakkam are indeed worth consideration, whether you are a first-time home buyer, or looking for more space due to your growing family, or an investor looking out for real estate investment opportunities. Medavakkam stands out as a dynamic realty landscape of Chennai, with its blend of modern amenities, strategic location, and future growth potential.
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