Sriperumbudur, Chennai

Overview

A new greenfield Chennai Airport is planned for Sriperumbudur. The Industrial corridor between Sriperumbudur and Oragadam is rapidly growing. Adikesava Perumal temple, Rajiv Gandhi Memorial, Vallakottai Murugan temple, Madras Motor Sports Club, and Marine Fossil Park are some of the places of interest near Sriperumbudur. Recently, CEAT plans and signed MoU to set up Rs 4,000 crore tyre unit near Sriperumbudur. Tamil Nadu already houses seven tyre manufacturing plants, highest in the country, with MRF, TVS Tyres, Apollo Tyres, JK Tyre, Michelin already present in the State. Other companies to set their businesses here include Ford, Nokia, Saint-Gobain, Mitsubishi, Nissan, and BMW. Companies like Foxconn, Flextronics, Sanmina-SCI, Dell, Jabil, and Samsung have also invested in Sriperumbudur making it a Special Economic Zone. Some of the premium residential projects in Sriperumbudur include Shriram OneCity Town Square, Royal Splendour Aalayam, Sathyam Florence Garden, Ivrcl Assets Aavisa Shar, Shriram OneCity Regal Villas, Metro Green Meadows among others.

Connectivity
Sriperumbudur is strategically located on Chennai-Bangalore highway. Important roads that connect Sriperumbudur to the rest of Chennai are NH4, Tambaram-Mudichur- Road and Singaperumal Koil-Sriperumbudur-Thiruvallur-Redhills Road.

It has excellent connectivity to Chennai International Airport which is located at a distance of 32 km via Tambaram – Mudichur – Sriperumbudur Road.

Tiruvallur, Egattur Halt, Kadambathur, Senji Panambakkam are its nearby railway stations. However, Tiruvallur is the nearest railway station to Sriperumbudur, located at a driving distance of 18 km via SH57.

The Highways Department has proposed a detailed project report (DPR) for the Peripheral Road project. This road would be useful for commuters traveling to Sriperumbudur and on the Chennai- Highway. The proposed road would connect four National Highways – NH4, NH 45, NH5, NH 205, and five important State Highways – SH 3, SH 57, SH 50, SH 51 and SH 50A.

Factors for past growth
This locality has attracted huge investment due to proximity to Chennai port, strategic location on the Chennai-Bangalore highway, infrastructure development, establishment of IT Parks, and availability of quality workforce combined triggered the property price in the past. A fair number of workforce work in nearby IT Hubs, wanted to have their residences close to their workplace. As a result, Flats for rent in Sriperumbudur finds proposed tenants due to its proximity to the IT corridor and other industries.

Factors for future growth
Due to the massive and sudden growth of Auto & ancillary units industries on this stretch, Sriperumbudur is slowly turning into a coveted residential location with many of professionals working and living here to avoid the congestion and pollution of the city.

Sriperumbudur has gained popularity due to its well-developed civic infrastructure and enhanced connectivity. The commercial and industrial activities have given rise to real estate development in this region. The demand for residential properties in Sriperumbudur is increasing and is expected to rise with the construction of the proposed airport.

Proposed & Planned Infra
Proposed Elevated corridor to link ORR with Sriperumbudur by NHAI.
Proposed New Chennai Sriperumbudur Airport.
CEAT plans to set up Rs 4,000 crore tyre unit near Sriperumbudur.
Proposed Green Corridor project in Kancheepuram.
The proposed 10-lane road between Walajahpet and Sriperumbudur.

Infra Development (Social & Physical)
A number of reputed schools are located in Sriperumbudur. These include the Maharishi Vidya Mandir, St. Mary’s Matriculation Higher Secondary School, Hayagriva Vidyashram School, Government Girls Higher Secondary School, Vivekananda Vidyalaya Sriperumbudur, Ryan International School, Jawanmal Jugraj High School etc. It also houses some renowned colleges in the vicinity. These are Sri Venkateswara College of Technology, Rajalakshmi College of Nursing, Dharma Ayurvedic Medical College & Hospital among others.

Healthcare facilities are also good in the locality. Some of the famous hospitals located in and around the neighborhood are Jaya Hospital, Pandian Hospital, Government Hospital, Sri Devi Hospital, Sayee Hospital, RKB Hospital to name a few.

Velachery Shopping Centre, Loyal Mall, Kanishka Shopping Mall, S.S. Shopping Centre are some mall located in the neighborhood. It also houses retail outlets of national and international brands such as My Jio Store, Lifestyle, Odyssey, Van Heusen, Pantaloons among few.