Kelambakkam in Chennai has turned into an investment hotspot for end users and investors alike. There are several reasons behind the transformation of Kelambakkam into a preferred real estate hotspot. Kelambakkam is benefiting from the upcoming projects including the metro railway and several flyovers. Kelambakkam is also located on the Old Mamallapuram Road, which offers strategic connectivity advantages to residents. There are several new project launches here in the affordable and mid-range categories and this boosted demand hugely.
Kelambakkam is also located near the largest IT park in all of Asia, namely the SIPCOT IT Park which is home to offices of top conglomerates like TCS (Tata Consultancy Services), Infosys, Cognizant and Wipro among others. Kelambakkam is thus becoming a preferred housing destination for IT professionals working in the nearby IT corridor. Kelambakkam also offers easy access to several tourist attractions such as the St.Mary Church, Kovalam Beach and the Tiruporur Murugan Temple. The Thiruvidanthai Nithya Kalyana Perumal Temple is also located nearby along with the Saibaba Temple.
The presence of these landmarks has also led to an increase in realty values in Kelambakkam. The area is also home to the famous Chettinad Health City, a one-stop destination for quality healthcare, which has the Chettinad Hospital and Research Institute or CHRI nursing college affiliated to the Chettinad University as well. Praveena Hospital is also located in Kelambakkam. Reputed educational institutions in the area include the St. Mary’s Matriculation Higher Secondary School, Sri Sivasubramaniya Nadar College of Engineering, Hindustan College of Engineering and the Velamal International School among others.
The area is home to branches of several banks including Axis Bank, HDFC Bank, City Union Bank, ICICI Bank and Tamilnad Mercantile Bank. There are several showrooms of leading automobile companies in Kelambakkam such as Hero, Royal Enfield, Honda, Suzuki, TVS and Yamaha. The Kelambakkam-Kovalam Road and State Highway 121 are major connectivity lifelines along with a solid network of buses. The nearest railway station is located 36 kilometres away while areas like Selaiyur, Velachery, Sholinganallur, Madipakkam and Thiruporur are easily accessible as well. The Old Mamallapuram Road will also be extended for better connectivity while there will be an elevated expressway, which will go till Madhya Kailash and Mahabalipuram. There will be a Kelambakkam railway station on the upcoming line linking Pondicherry and Chennai. Some of the top real estate projects being built in Kelambakkam include Akshaya Disney and many others.
