Buying property in Porur- Is it viable?

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Porur is one of Chennai’s most well-known and preferred residential neighbourhoods. Should you invest in Porur? The answer is yes since infrastructural development is steadily transforming the area and big ticket projects like SPRRG Osian Chlorophyll are coming up here. Porur falls under the aegis of the Chennai Corporation and is located strategically along the Mount-Poonamallee Road, one of the biggest connectivity lifelines for residents. Porur has earned a name for itself as a major IT corridor, manufacturing plant, chemical industries and other business sectors. Porur has an ancient past of its own and is home to the Porur Lake, which offers fresh water for several areas in the city.

Porur is also famous for its Mono-pulse Secondary Surveillance Radar, one of the two such radars in Chennai for enabling air-transportation and seamless communication. Porur is also reputed for its Ramachandra Medical College, which is a favourite amongst students. Porur is surrounded by the lovely Pallavaram Hills and this adds to its natural beauty. Porur lies approximately 18 kilometres in a south-western direction from Chennai city and the Guindy-Poonamallee Road is the major thoroughfare, which moves into the Bangalore-Chennai Highway. Porur is integrated into the Thiruvallur district. Porur is well linked to Vadapalani and Guindy along with Nungambakkam (Arcot Road). The Kundrathur Road is also easily accessible. The Porur Flyover is located where the Kundrathur, Arcot and Mount-Poonamallee Roads interest. Bus connectivity and other transport facilities are readily available in Porur as well.

Porur is also famous for the Ramanatheaswarar Temple which is more than 1,000 years old and the Porur Evangelical Church and of course, the Alpha Arts and Science College. Porur is home to three IT SEZs and HP has already entered the TCG IT Park here while the Jayanth Tech Park has been taken up by iGATE and HTC Global Solutions among others. The DLF IT Park is home to several leading companies like iGATE, Fidelity Investments, Syntel, Barclays, Dell, Tata Teleservices, Cognizant, Mphasis, Logica, IBM and WNS Global Services among others.

Reputed schools in the neighbourhood include the PSBB Millennium School, Grace Matriculation Higher Secondary School, Sri Krish International School, Pon Vidhyashram, Lalaji Memorial Omega International School, St. Francis International School and many others. Other leading hospitals in the neighbourhood include the Venkateshwara Homeopathy Hospital, Kedar Hospital, Hridhay Hospital and the Sankaran Dental Hospital & Oral Care Centre. Porur is witnessing rapid development and there is ample scope for appreciation here in the future.

 

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