Nestled in the southwestern quadrant of Chennai, Medavakkam has emerged as a highly desirable residential destination for its strategic location, excellent infrastructure, and abundance of amenities. This guide serves as a comprehensive resource to provide valuable insights into this flourishing suburb.
Medavakkam is a rapidly developing area known for its pleasant residential atmosphere and proximity to major employment hubs. The suburb is well-connected to other parts of Chennai via the Grand Southern Trunk Road (GST Road) and the Outer Ring Road (ORR). It also enjoys excellent rail connectivity with the Medavakkam Railway Station.
According to the 2011 census, Medavakkam had a population of 111,859, which has likely increased significantly since then. The literacy rate in the area is 88.25%, which is higher than the Chennai average.
The residential market in Medavakkam is characterized by a wide range of options, from affordable apartments to luxurious villas. Buyers can choose from a variety of projects by reputable builders such as Casagrand Builders, TVS Emerald, and Shriram Properties.
Median property prices in Medavakkam
Property Type | Price Range |
---|---|
1 BHK Apartment | ₹ 25-35 lakhs |
2 BHK Apartment | ₹ 35-55 lakhs |
3 BHK Apartment | ₹ 50-80 lakhs |
4 BHK Apartment | ₹ 80 lakhs and above |
Independent House | ₹ 1.5-3 crores |
Medavakkam boasts excellent infrastructure, with well-maintained roads, reliable water supply, and efficient public transportation. The suburb is home to numerous schools, colleges, hospitals, and shopping malls.
Educational Institutions:
Hospitals and Healthcare Facilities:
Shopping and Recreation:
Medavakkam is strategically located near several major employment hubs in Chennai. The IT Corridor on OMR and the Guindy Industrial Estate are both within easy commuting distance. The suburb is also home to numerous small and medium-sized businesses.
When investing in Medavakkam, it is important to be aware of potential pitfalls:
What is the growth potential of Medavakkam's real estate market?
Medavakkam's real estate market is expected to continue its upward trajectory due to its strategic location and robust infrastructure.
What are the best areas to invest in Medavakkam?
Some of the most sought-after areas for residential investment in Medavakkam include Medavakkam Junction, Vijayanagar Colony, and Thiruvalluvar Nagar.
Is there a water supply issue in Medavakkam?
Medavakkam has a reliable water supply, with the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) providing regular water connections to residents.
What is the traffic situation in Medavakkam?
While Medavakkam has well-maintained roads, traffic congestion can be a concern during peak hours.
Are there any plans for future infrastructure development in Medavakkam?
The Chennai Metropolitan Development Authority (CMDA) has proposed several infrastructure projects in Medavakkam, including the extension of the Metro Rail Line and the development of a new bus terminus.
What are the career opportunities in Medavakkam?
Medavakkam is home to numerous IT companies, manufacturing units, and small businesses, offering ample career opportunities for residents.
Medavakkam is a thriving suburb with immense growth potential. Whether you are looking to invest in a new home or grow your business, this guide provides valuable insights to help you make informed decisions. Explore the various residential options, educational institutions, healthcare facilities, and employment opportunities that Medavakkam has to offer. With its strategic location and robust infrastructure, Medavakkam is poised for continued success and prosperity.
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