Tambaram is one of the well developed zones in Chennai. We can divide the Chennai city into four primary zones namely Chennai West , Chennai South ,Chennai Central and Chennai North. Chennai south is the rapidly growing localities in Chennai witnessing both commercial and residential growth.
Tambaram is one of the well developed localities in Chennai South Zone , it falls under Chengalpattu district and has a separate Municipal corporation.Tambaram is also a part of Chennai Metropolitan Area. Around 9 lac people are living in Tambaram Locality.
In Tambaram, you can find numerous educational institutions like Schools, Colleges and Coaching Centres, renowned hospitals , well developed GST road which connect Chennai with the rest of Tamilnadu. Tambaram Railway station is also the third biggest railway station in Chennai.
Both local trains and public buses are easily available at the doorstep of Tambaram Station and bus stand to take you to the other part of Chennai. Tambaram is truly the busiest locality in Chennai.
There are many reasons why you have to purchase flats in Tambaram
. Here we are jotting down a few points on why and how to find the perfect apartment or individual houses in Tambaram Zone.
- Tambaram is the Gateway to Chennai, Though GST road starts from Kathipara junction the actual traffic starts or ends in Tambaram . The city begins here. If you have ever come to Chennai from Trichy or from other cities you can easily recognize this. You have access to the city only in the early morning, else you will board off at Perungalathur and buses will be diverted to Koyambedu via Outer Ring Road.
- Tambaram has good connectivity to the rest of the City, you can find almost all the trains stops at Tambaram station even Tejas which runs from Chennai to Madurai also notified to stop at Tambaram Railway Station and outside the station you have all the public transport facilities to take you home even at midnight. Tambaram is always awake.
Tambaram is vast , we can further divide the Tambaram to Tambaram East and Tambaram West. Tambaram East is a long stretch starting from Tambaram East Station opposite to Madras Christian College and ends near Medavakkam Perumbakkam junction via Camp road, Selaiyur, Kamarajapuram,Rajakilpakkam
, Gowrivakkam, Sembakkam and Medavakkam Kout road. It’s a long developed stretch. Tambaram East is the most preferred locality to Tambaram West among the real estate buyers.
Tambaram East is well developed with broader roads and good residential gated communities. You can find many residential apartments for both rent and sale in Tambaram East
, though the cost is comparatively higher than West you will enjoy your stay in East.
Tambaram west starts from the railway station and extends till Old Perungalathur via Mudichur.
- Lot of educational institutions like Dhanalakshmi College, Sriram, Bharath University in Selaiyur, Crescent college in Vandalur etc and world famous hospitals are here. You can find clinics or hospitals for every illness here.
Easy access to IT and Automobile zones. Chennai OMR is also the IT corridor of Chennai which holds many multinational service and product companies. OMR holds the largest IT employees in Chennai or in Tamilnadu. Tambaram connects with OMR via Tambaram Velachery road or via Perumbakkam. The monthly rental for residential properties in OMR is higher than Tambaram, so IT employees working in OMR can prefer Tambaram East to save some cost.
Maraimalai Nagar and Oragadam are known for automobile manufacturing in Chennai , Tambaram easily connects both the localities via GST. These two localities are emerging and industry centred so employees who wish to experience city life can prefer to stay in Tambaram.
Chennai International airport is just 10km away from Tambaram and the proposed new Airport is also in the same GST corridor. The upcoming new Chennai central bus stand is also just 9km away from Tambaram. Tambaram has excellent infrastructure.
Plethora of builders, You have a lot of builders here in Tambaram you can find a mix of properties like plots, individual houses, gated community apartments, builder floors and commercial properties.
Investors willing to invest in plots for capital gains can choose plots from developing localities like Madambakkam, Agaramthen, Mappedu,Mudichur and Old Perungalathur.
Investors looking for monthly rental returns can find suitable resale and new flats in Selaiyur
, Gowrivakkam, Rajakilpakkam and Medavakkam. There is always a demand for rental properties in Camp road and around Bharath University, since they are close to Railway station, broader roads and well developed locality. The rental yield you can expect in Tambaram is between 3 and 3.5%.
- Diversification , though it is believed the name Tambaram arrived because of the Brahmins settlement in the area , now Tambaram is diversified; you can find mosques, temples and churches in this zone.Tamil Nadu is known for Unity in Diversification and Tambaram is not an exception.
- Well developed Neighborhood , though the Tambaram infrastructure is huge and modern , its neighbourhoods like Pallavaram, Chrompet , Vandalur and Perungalathur also equally developed. You can find flats at lower prices compared to Tambaram in these areas.
Real estate appreciation; few sub localities in Tambaram East and West are gaining traction in recent days. Localities like Agaramthen, Mambakkam, Thiruvanchery, Mappedu, Mannivakkam, Mudichur, Madambakkam, Ponmar are emerging exponentially. You can buy gated community plots
in those localities for future appreciation.
The commercial rental yield in Tambaram is also between 7 and 8% . Investing in small commercial shops on the Tambaram Velachery road can fetch you decent monthly returns.
Buying a first home is a dream for many individuals in India, the first thing they plan for once they reach the age of 30 is to buy a own flat and when it comes to investment also the real estate is the safest vehicle , it is not easy to dilute, it appreciates and the capital is protected unlike other investment vehicle. Here are the few tips for buying the best apartments in Tambaram.
Plan before you start, In findbhk while interacting with property buyers we figured it out only 10% of the buyers are starting with a plan rest of them just starting the discovery process.
Don’t just hop on to any real estate portal for property search , go to the bank and check your eligibility on a housing loan and understand the basic mathematics behind the housing loan.
Since it is a very long commitment, understand the pros and cons of a housing loan , only if all the checkboxes are checked start the process.
If you are not eligible , don’t worry you can co-own a property with your brother , father, wife or mother.The benefit of co-owning a property is the sum of two people's monthly salary will make you eligible for the loan amount you are opting for.
Very few banks are offering upto 100% loan for plots in Chennai but for flats or villas you may get only upto 80% remaining you have to arrange.
Find the Sub-locality in Tambaram Zone , as Tambaram is vast it is easy to find an apartment ,but you have to do some basic homework to find the flat that matches your requirement.
For example, if you take Tambaram East, sub localities like Selaiyur, Gowrivakkam, Rajakilpakkam, Sembakkam, Santhosapuram
, Kamarajapuram are equally well developed. Many under construction and ready to move flats are available for sale in Tambaram East you have to decide which localities suit you most.
See the list of flats for sale in Santhosapuram
You can do the field analysis by driving through the localities as well. Each sub-localities has its own pros and cons. If you are a type of person who wants to live in a pollution free environment you can choose apartments in Santhosapuram near the lake. The advantage of buying a property near by lake is you won’t get a building next to you , you enjoy the free air forever.
Find the best flat promoters in Tambaram,The resale value of a vehicle depends on the condition of the vehicle and the brand, similarly the resale value of the flat depends on the builder reputation in the market. Reputed builders focus on the quality of construction better the quality longer it withstands.
Here are the few popular builders in Tambaram and surrounding we have curated for you.
VGK Builders, DAC developers, MP Developers, Casagrand, Ruby builders , Bagavathy construction, Sri Devi Builders, Chenthur Homes, KST promoters and Nest.
The above-mentioned builders have a mix of inventories like gated community apartments, plots, builder floor apartments, Villa communities in Tambaram Zone.
- Get help from the experts. If you are planning to purchase resale apartments in Tambaram you can get help from the professionals like property managers or real estate consultants to evaluate the present condition of the apartment. They will also assist you in negotiating the price with the seller.
Choose the type of apartment : Gated communities are the future in Chennai, there are many benefits of gated community apartments. It comes with amenities like a play area which is much needed for children nowadays. Gated communities are secured and you get almost everything inside the gated community. Though the cost per sqft of Gated communities is lesser, the maintenance cost is higher . The average cost per sqft maintenance cost is between 2 and 4 rupees in Tambaram.
On the other hand the advantages of builder floor ( non-gated ) is you get the higher UDS ( Undivided share / land value ) and fewer flats in the apartment which gives privacy and is less crowded.
If you are planning to buy a plot and build an individual house in future also prefer buying a plot in a gated community with amenities like park and play area.
Tambaram is the fastest growing locality in Chennai, buying an apartment in Tambaram will give you good rental income or capital gains in future.