Flanked by Velachery and OMR, Madipakkam is definitely a great place to settle down in Chennai that is ever expanding its municipal borders. Guess who are heading straight to Madipakkam for an address to call their own? Professionals from all corners of Chennai. It is no wonder that Madipakkam has grown into a commercial centre of sorts since the last decade.
A few years back, the region had only few houses in a block. Today the streets are teeming with multiple storey apartments of all sizes where occupants have already flocked in. Madipakkam rental properties are in hot demand owing to their quick connectivity to all parts of Chennai. Although big names of Indian real estate development are yet to set foot in Madipakkam, the region is already dotted with a good number of properties that represent lifestyle living.
St. Thomas Mount is the nodal railway station that provides MRTS connectivity across Chennai. A journey from Madipakkam to Chennai Central station can be covered in less than 45 minutes. The Velachery railway station is also in close vicinity for those who want to reach Central Chennai locations like Mylapore, Mandaveli, Triplicane, Santhome, etc.
Take the Velachery Inner Ring Road down the Alandur high court road and you can reach the Chennai International airport in less than half an hour. The Keelkattalai bus terminus offers bus connectivity to as far as Chengalpattu and Chennai Fort.
Madipakkam has come to be a second choice for all those who are unable to find housing in Velachery region. It is serving as the next region where shortage of housing facilities in Velachery is giving boost to the real estate sector. The real estate scene here is largely dominated by small scale builders who build affordable properties of 1 BHK to 2BHK properties in Madipakkam to serve the lower rung of customer base.
Affordable pricing, ample social amenities, health care facilities, professional coaching centres and places of worship are some of many features of this region. Madipakkam is definitely a splendid choice for any aspiring home buyer who wants to live in a place that represents Chennai's true lifestyle and culture.
There used to be a time when Madipakkam was not an attractive real estate proposition due to its monsoon water clogging problems. Even the slightest drizzle used to leave the streets flooded till knees. But after the construction of the storm water drains and active lake restoration activities, the problem of flooding and rain water clogging is now almost eliminated. Today well paved streets with neatly marked dividers is the scene that Madipakkam carries across its map.
The average property prices in Madipakkam range from Rs. 4,000 to Rs. 5,000. 2 BHK flats in Madipakkam command Rs. 9,000 to Rs. 15,000 depending on the facilities and location. Further, landowners stand to gain more undivided share of land than properties located in OMR or distant parts of Chennai. With proposed metro water connection and improvisations in sewage connections the region is sure to get uplift in the eyes of owners and investors.
