Medavakkam Commercial Land for Sale

On 150' Road

A Commercial Land Ideal for High End Retail Activity

Location 

The plot is in the heart of medavakkam, suitable for any retail/commercial outlet, opposite to Latta Super Market.

Property Details

The size of the plot is 10 grounds. It’s right on the medavakkam-Tambaram road, with a road side frontage of 110′. The location bristles with commercial activity.

The Road width is 150′. The site is an MSB site, which allows an FSI of 2.75

Medavakkam
Many are astonished at the phenomenal growth in importance of the suburb Medavakkam in recent years. In fact, one of the few areas in Chennai which has withstood the price slide and found considerable appreciation in Real Estate prices is Medavakkam.
The reasons for this is not far to seek. Medavakkam is Central to the growing suburbs of Sholinganallur/Perumbakkam, Pallikaranai, Madipakkam, Keelkattalai, Velachery and Tambaram.
Also, it leads the growing localities of Sithalapakkam, Ottiyambakkam, Ponmar,
and placed at an equal distance between ECR/OMR and GST Road. Velachery and Tambaram Railway stations are at almost same distance.
Medavakkam lies in between Velachery and Tambaram.
Recently, work on a Grade Separator has been inaugurated by the State Government at Medavakkam Koot Road junction. Once completed, this will streamline the traffic to OMR, Velachery, Tambaram and Madipakkam/Guindy.
Consequently, the Medavakkam-Mambakkam Road is also poised to become one of the busiest roads in this part of Chennai. 
Simultaneously, work on removing encroachments along the Velachery-Tambaram Road is also progressing steadily.
Most important: The area has not reported any flooding during the 2015 Floods. Also, the Ground water is good in most of the areas, unlike the Sholinganallur or Perumbakkam areas.
However, good parcels of Land on the Main Road for commercial activities are very few . This place is ideal for any type of high-end commercial activity

More Commercial Properties For Sale in Chennai

The Info given about the Property are based on the Site Visit and Discussion with Seller/Owner.

Price: Rs.26 Cr INR
Property Id:CRP 0055
Land Area:10 Grounds
Frontage:110 ft
Facing:East
Road Width:150 ft
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