Price trend info is for apartments flats -adyar
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Published on: Mar 4, 2016
Transcripts - Price trend info is for apartments flats -adyar
Trend & Analysis in Adyar , ChennaiAdyar lies on the southern banks of the Adyar River in South Chennai. The regionis bounded by the Buckingham Canal to the west, Tiruvanmiyur to the south andBesant Nagar to the east. It is among the costliest real estate markets in the city.Over the past two decades, it has developed as part of the IT corridor, south-eastChennai that houses numerous IT companies. Moreover, Adyar is well known forhaving excellent infrastructure, healthcare facilities, and educational facilities. It ishome to Adyar Cancer Institute. Moreover, IIT Madras, Anna University, NationalInstitute of Fashion Technology, Asian College of Journalism and the TechnicalTeachers Training Institute are located in adjacent neighborhoods.Some of the renowned schools in this region are Kendriya Vidyalaya, Bala VidyaMandir, The Hindu Senior Secondary School, etc. These are the growth drivers ofreal estate market in Adyar. They have contributed significantly in thetremendous rising demand of properties here. Major localities in and aroundAdyar are Gandhi Nagar (1.9 Km), Kasturba Nagar (4 Km), Nehru Nagar (650 Mtr),Indira Nagar (1.1 Km), Venkatarathnam Nagar (500 Mtr), Padmanabha Nagar (1.1Km), Parameshwari Nagar (300 Mtr), Jeevaratnam Nagar (450 Mtr), Shastri Nagar(550 Mtr), Karpagam Gardens (1.3 Km), and Arunachalapuram (1.2 Km).Connectivity of the LocalityIn the south of Chennai, Adyar is located on the southern banks of the Adyar Riverin Chennai. This region lies on Lattice Brigade Road, which is well connected withall major roads like Dr. Mutthu Lakshmi Road, Kamraj Avenue 2nd street, RajiveGandhi Expressway, Sardar Patel Road, Gandhi Nagar 1st Main Road, BesantAvenue Road, etc. The Mass Rapid Transit System (Chennai) runs through Adyarwith three stations at Kasturbai Nagar, Indira Nagar, and Thiruvanmiyur.This region has a bus depot operating both intra-city and inter-city buses. Nearestrailway stations to Adyar include Guindy Railway Station (7.5 Km), SaidapetRailway Station (7 Km), Mambalam Railway Station (9 Km), Chetpet RailwayStation (9 Km), and Chennai Park Railway Station (14 Km). The nearest airport,Meenambakkam Airport is only 13 Km from Adyar.
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