Property in Kanchipuram
Kanchipuram also known as Kanchi, is a city in the Indian state of Tamil Nadu. It is 80 kilometers southwest of Chennai and situated on the western bank of river Palar. It is a temple town and the administrative headquarters of Kanchipuram district. The area is bounded by Distirct in the west, Thiruvannamalai District in the North, District in the South and Bay of Bengal in the East.
The city houses numerous temples of historical importance and also known as the ‘golden city of thousand temples’. Some of the famous temples in Kanchipuarm are Vaikunta Perumal Temple, Ekambaranathar Temple, Varadaraja Temple, Kamakshi Temple and Kailasanathar Temple. Buyers can find number of new real estate projects in Kanchipuram.
Kanchipuram is located at a distance of 73 kilometers from Chennai and provides smooth connectivity to other parts of Chennai via road, rail and air. The - National Highway and NH4 highway are the two major highways, passes the outskirts of the city. Also, the town is well connected by major highways and reachable within 45 minutes of driving distance from places such as Sriperumbudur, Oragadam, Ranipet, Cheyyar, Uthiramerur and Alathur. The locality enjoys daily bus services by Tamil Nadu State Transport Corporation service. These buses are plying to and from Chennai, Bangalore, Villupuram, Tirupathi, Thiruthani, Tiruvannamalai, Vellore, Salem, Coimbatore and Pondicherry. In addition to this, there are two major bus routes to Chennai via Guindy and via Tambaram. The region is also connected to the railway network via the Railway station. The Chengalpet – Arakkonam railway line passes through Kanchipuram and offers good connectivity to commuters. International Airport is the major airport located at a distance of 61.5 kilometers via -Walajabad-Vandalur. The proposed International Airport at Sriperumbudur near Kanchipuram would further improve its connectivity with Chennai.
There are many good schools and colleges located in and around Kanchipuram. Some of them are Higher Secondary School, WTMM Higher Secondary School, Vayalakkavoor School, Arignar Anna Government Higher Secondary School and Panijayathu Union School. The city has two medical colleges – Arignar Anna Memorial Cancer Institute and Hospital and Meenakshi Medical College.
Real Estate in Kanchipuram
Fundamentally, Kanchipuram is a good real estate investment destination and commands an extremely strategic destination. Growth of industries here is generating new employment opportunities in the region.
Currently is being looked upon as an opportunity for just plotted developments but there exists a good opportunity for residential and commercial developments. Some ongoing projects in Kanchipura are Celeste by Avigna Properties, Aditya Avenue by Avani Real Estate, SB Nagar Villas by SB Homes and Sri Yohan City by Sky Homes Enterprises.
The lowest real estate property price in Kanchipuram is Rs. 2,400 per sq.ft. and maximum property price is Rs. 3,600 per sq.ft. Owing to commercial development on the stretch, the demand for real estate projects in Kanchipuram is expected to rise in the coming years.
Property rates in Kanchipuram have risen by upto 33.3% in last 6 months.
Some of the recently launched projects in Kanchipuram, that you might be interested in, are Kuberar Nagar, Sheeradi Nagar, Emerald Park.
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