Residential
Why Mogappair is one of the best real estate investment destinations in Chennai
April 17, 2017
The choice of a suburban lifestyle is high on the list of many homeowners thanks to the highly affordable housing projects and peaceful living experience. Factors like infrastructure, environment, connectivity, schools and colleges, future returns on investment, entertainment, etc. constitute the answer to this question. If you are looking to invest or buy a home in Chennai, here’s why Mogappair, a fast-developing residential neighbourhood in West Chennai, is the best choice!
Well-connected to major parts of the city
Mogappair is located in the centre of the city. It is by itself a very well connected locality at a 10 minutes time difference from Anna Nagar .The Koyambedu railway station is also nearby, which gives easy access to residents who need to travel to other parts of the city as well as out of station. One can travel long distances in a shorter time thanks to broader roads connected to Mogappair. Bus is also a major mode of transport in this region. The locality is served by a bus terminus on Third Main Road in Mogappair East and West.
Proximity to IT Parks & Industrial Hubs
The Ambattur Industrial Estate, a prime job market locality, is very close to Mogappair and is cited as one of the reasons for Mogappair’s rapid residential development. Ambattur houses two popular IT Parks; the Ambit IT Park and the One Indiabulls Park. The Ambit Park also doubles as a popular food court open to all residents while the One Indiabulls Park houses many multinational firms like the Royal Bank of Scotland, Ajuba, Bankbazaar.com and many more.
Top Schools & Colleges
If you are willing to buy a house and move in along with your family, quality educational institutes in the vicinity is a must. Reputed names in education and schooling like Chennai Corporation Primary school, Ravindra Bharathi Global School, DAV (Girls and Boys) School etc. are located at Mogappair. Colleges of repute like Mar Gregorios College of Arts & Science, MMM Academy Of Medical Sciences, Thai Moogambigai Polytechnic are in the area.
Best-in-class Residential Projects
Mogappair is regarded as a family-friendly residential locality with many gated communities. There has been an array of upcoming residential projects. One of the best premium upcoming project in the area is Brigade Xanadu that will provide its residents a touch of Spain in Chennai with its Spanish themed apartments, idealistic lifestyle features at an affordable price. Apartments in Mogappair are known to give the homeowners high rental returns as well.
Entertainment
Malls and Cinemas are in huge numbers in Mogappair. Vijaya Forum mall, Megamart, Alsa mall shopping complex are there to fulfill your shopping needs. Apart from premium theatres like Palazzo, Sivasakthi Theatre, EGA cinemas, Sangam Multiplex, Rohini Cinemas etc are present for your fun movie outings with friends and family.
Healthcare Facility
There is an abundance of hospitals in Mogappair covering all specialties. There is the renowned Madras Medical Mission and the newly set-up International Centre for Cardio Thoracic and Vascular Diseases and also a few multi-specialty hospitals around the locality. Apollo, which continues to expand across the city, with state-of-the-art facilities that offer total healthcare solutions, has also opened a branch in Mogappair.
Greenery: A pure and healthy environment
The entire stretch of Mogappair and its surrounding areas is covered with greenery. Lines of trees are planted in beautiful symmetry. Most apartments in the area are well ventilated and stay relatively cool during the summer. The green is a savior during the summer seasons and provides breathable fresh air for the residents of Mogappair. The flora and fauna in the locality is abundant and booming.
Restaurants & Fine Dining
There are a number of restaurants in Mogappair for an evening out with family and friends. There are local fast food chains as well as national chains in the area. Wangs Kitchen provides its customers with delicious East Asian cuisine while Buhari is a great place for non-vegetarian food lovers. The Cascade serves amazing Chinese delicacies and Dindigul Thalappakatti caters to the biryani cravings. International food chains Pizza hut, KFC etc. are also situated in Mogappair.
Future prospects
Mogappair is one of the few areas around Chennai which is very promising in its return on Investment. The prices are not high now as it is an upcoming area. The prices have a probability to shoot up quickly with time, due to the desirable features that Mogappair offers. The above factors have made Mogappair the investment hub for big names like the Brigade group. With all the buzz that demonetisation and the RERA bill has created, 2017 has become a must-buy-home year for many. Even if you are buying a home in Chennai only to lease for rent, it will be highly beneficial due to the high rental returns in Mogappair.
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