IT Professional Guide to Buying a Home in Chennai

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There is a local saying in South India that if you threw a stone in Bangalore, it will fall on an IT professional! The same could be true in Chennai too! Apart from the innumerous Automobile factories and related assembly plants, Chennai has shaped into a heaven for IT companies. The IT corridor which was opened more than a decade back has developed into something beyond comprehension and the OMR is not literally an IT corridor, the entire way!
Apart from the Old Mahabhalipuram Road, there are a number of notable IT parks in the city which house enough job opportunities for thousands of IT professionals under the same roof. The DLF IT park in Porur, the Olympia Tech Park in Guindy and the Ambit in Ambattur are prime examples of how an IT park can change the overall outlook of an area in Chennai. Also know here for related property in Noida like Antriksh Urban Greek and Revanta Surya Homes Dwarka
Being in Chennai as an IT professional gives you the advantage of being able to buy a residence unlike a counterpart in say Mumbai or Delhi where the spiraling property prices make apartment buying out of reach for a common man!
Buying an apartment or a villa in Chennai is not simple. The sheer number of choices would confound many! Which area should you settle for without overshooting your budget remains to be a huge question on everybody's mind? We give you a few points to ponder while trying to finalize your choice of locality.
Access to Job hotspots
Chennai is one of the very few cities where areas demarcate the type of jobs available! For example, the outskirts of the city towards Chengalpet or Ponnamallee have industries which would suit people of such skills set. They can prefer areas like Porur or Mahindra City. IT professionals can clearly stick to Tambaram, Velacherry and the adjoining localities for their property purchases.
 Connectivity
The city is well interlinked by a well-planned network of local suburban railways and now an upcoming metro system. The buses are large in number and the smaller localities are covered by mini-buses and share autos. However, some areas tend to be a bit remote even now so check on the accessibility. Do not go by the builder's claims of being well-connected. Decide for yourself after trying the means of transport available.

Roads/Infrastructure
By majority the roads in Chennai are good. However, they get a heavy lashing during the monsoons. Areas like Global NCR and Perungudi are low-lying and are prone to water logging. This damages roads too and can be troublesome during commute. Check with the locals on how bad the water draining problem is in the area.
Water
Potable water happens to be an issue in Chennai. There are areas like Moggappair where the ground water is rich in iron content which makes it hard to use for domestic purposes unless it is treated. Then there are areas like Alandur where ground water dries up in summer! Make sure you know what you are getting into. Bigger residential complexes deal with water crisis more effectively.


One Response so far

  1. Unknown says:

    This is very helpful information.

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