Why Invest in Madhavaram - Complete Guide
About Madhavaram
Madhavaram is a rapidly developing locality in North Chennai, Tamil Nadu. It is part of the Greater Chennai Corporation and has emerged as one of the most promising real estate destinations in the city. The area is strategically located between Perambur and Kodungaiyur.
The Madhavaram taluk was formed in July 2009 when Ambattur taluk was split into two. Since then, the area has witnessed tremendous growth in infrastructure, connectivity, and real estate development.
Why Madhavaram is the Best Investment Destination
1. Strategic Location
Madhavaram enjoys a prime location in North Chennai with easy access to:
- Grand Northern Trunk Road (NH 5)
- GST Road
- SH 111
- NH 48
2. Excellent Connectivity
The area offers multiple connectivity options:
- Metro: Madhavaram Depot metro station (Red Line) - 4.5 km
- Railway: Chennai Central Railway Station - 8.3 km
- Bus: Madhavaram Bus Depot - 350 m
- Airport: Chennai International Airport - 25.6 km (1 hour)
3. Growing Industrial Hub
Madhavaram is a central industrial hub in Chennai with several startups and business headquarters. IT companies and tech parks are establishing presence in the area, creating employment opportunities.
4. Affordable Property Prices
Compared to other parts of Chennai, Madhavaram offers relatively affordable property prices with excellent appreciation potential. The real estate market is growing rapidly due to infrastructure development.
5. Social Infrastructure
Madhavaram has well-developed social infrastructure:
- Quality schools and colleges
- Multi-specialty hospitals
- Shopping malls and markets
- Parks and recreational areas
Real Estate Growth in Madhavaram
The real estate market in Madhavaram has seen significant growth due to:
- Metro Phase 2 expansion
- Infrastructure development
- Presence of reputed developers
- Growing demand for residential properties
Prestige Palm Court - The Best Investment in Madhavaram
Prestige Palm Court is the flagship residential project by Prestige Group in Madhavaram. Located on KKR Nagar, Grand Northern Trunk Road, this project offers:
- 8 acres of premium land
- 900+ luxury apartments
- 1, 2, 3, and 4 BHK options
- World-class amenities
- Strategic location on NH 5
Investment Benefits
- High Rental Income: Growing industrial presence ensures steady rental demand
- Good Resale Value: Properties by Prestige Group maintain excellent resale value
- Capital Appreciation: Infrastructure development is driving property prices up