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Porur: Development at its Best

The Porur real estate market is growing rapidly and is contributing generously towards the development and growth of Chennai.

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Porur: Development at its Best

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  1. Porur: Development at its Best

  2. The Porur real estate market is growing rapidly and is contributing generously towards the development and growth of Chennai. • It is located 18 kilometers to the south west of Chennai on the Guindy-Poonamalee road which eventually links to the Chennai-Bengaluru Highway Ref: http://goarticles.com/article/Porur-Development-at-Its-Best/7923292/

  3. This locality is popular for its manufacturing plants, chemical industries and for the wholesale vegetable markets. • The demand for Porur properties has increased after its inclusion under the Chennai Corporation in 2011. • It is well-connected by road to the Chennai city and its neighbouring areas. Porur is a junction for three major roads: •              Arcot Road that connects Nungambakkam via Arcot Road •          Mount-Poonamallee Road connecting Guindy and Poonamallee  • Kundrathurroad that connects with the temple town of Kundrathur • Porur is considered as the most important IT hub after the famous OMR. Currently, DLF IT Park is one of the most sought-out areas for major IT companies. • IBM, Cognizant, iGATE, Syntel, Zoho, etc. have already started their operations.  Ref: http://goarticles.com/article/Porur-Development-at-Its-Best/7923292/

  4. Witnessing the increased demand for Porur flats, reputed international schools are cropping up in and around Porur; PSBB Millennium School, Pon Vidhyashram, St. Francis International School, Govaradhan Hemavathi International School and Lalaji Memorial Omega International School, among others. • The average price of flats for sale in Porur with basic facilities will range between Rs 3,700–4,800 per square feet. • Gated communities may cost Rs 4,500-5,200 per square feet, due to the surrounding amenities. Rent for apartments in Porur may cost anywhere around Rs. 13 to 23 per square foot, based on the facilities provided. The demand is primarily for 2 and 3BHK apartments. • For residential plot, you have to spend around Rs 34,911 per square yard. If one is interested in selling a residential property, then it may come for Rs 5,395 per yard. • As per the experts, this location will gain momentum in coming quarters, due to which the property prices are expected to shoot up. Ref: http://goarticles.com/article/Porur-Development-at-Its-Best/7923292/

  5. Thank You Ref: http://goarticles.com/article/Porur-Development-at-Its-Best/7923292/

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