In this blog, we will examine the impact of the continuous development of National Highway 183 (NH-183) on the real estate market in Cumbum and Theni. We invite you to explore how this infrastructure initiative influences the future of real estate in these burgeoning towns. Let’s get started!
How Does National Highway 183 (NH-183) Impact Cumbum Real Estate Growth?
The NH-183, connecting Kerala and Tamil Nadu, improves the connectivity between rural and urban areas.
Due to the improved access, housing demand is increasing in the suburban area. In addition to easing the commute, the highway will promote commercial development and strengthen the rural-urban relationship in Cumbum, Theni.
The National Highway 183 will further develop and grow the regions through which these roads would pass and, therefore provide good returns for residents and businesses alike.
1. Effortless Connectivity: Unlocking Growth Opportunities in Cumbum, Theni
The widening of the Dindigul-Kumily National Highway 183 (NH-183) is a landmark infrastructure work that will enhance connectivity and economy in the southern region of India.
The project involves the widening of the 133-km stretch of the highway at an investment of Rs 300 billion, witnessing a growth in real estate Theni.
The widening of the Dindigula-Kumily is expected to considerably improve connectivity between the towns of Dindigul, Cumbum, and Theni with major urban centers of Madurai and Kochi.
The Sempatti-Madurai road junction is a significant area on the Dindigul-Kumily NH-183 and a road of major economic significance among the towns of the area.
With this key portion of the road being widened and well-connected to the cities, it will attract businesses and people willing to move in for better transport links, thereby giving a boost to real estate Theni.
Key Transport Hubs Near NH-183
- Dindigul Junction Railway Station & Kodaikanal Road Railway Station: Approximately 30 km from NH-183 via connecting roads
- Madurai Junction Railway Station: 65 km from Theni via connecting roads
- Bodinayakkanur Railway Station (Narrow Gauge – Heritage Line): 12 km from NH-183
This location advantage will enable you to reach places within a few minutes, ensuring a hassle-free experience. With proximity, there will be an increased demand for residential and commercial properties, attracting real estate investors near this highway.
2. Property Value Appreciation
The “Tier-II Cities Real Estate Report 2023” of Knight Frank India noted an average price increase in residential properties between 2020-2023, with 18-24% in Theni and 26-30% in Cumbum.
Infrastructure development is likely to stimulate further housing complexes, gated communities, and apartments meant for the increasing populace and immigration.
The ₹3,000 crore Kochi-Munnar-Theni road project will enhance connectivity to Theni. The Madurai-Theni rail project is in the process of being completed to broad gauge. Both of these projects will provide a boost for the real estate sector in the town.
3. Tourism and Hospitality Sector Boost in Cumbum, Theni
The expansion of Dindigul-Kumily NH-183 has changed the way the entire surrounding region has viewed and contemplated tourism, as it has served as a connecting pathway to Western Ghats destinations such as Thekkady and the Periyar Wildlife Sanctuary, which helps to enhance growth in real estate Theni.
The consequent increase in the volume of tourism has brought to level various hospitality investments with a lot of new accommodation facilities coming up in recent years in the Theni District.
Along the highway corridor, the properties became premium investment prospects, entailing appreciation in value and real estate Cumbum.
4. Infrastructural Development & IT Growth
Satellite offices of top IT companies as Zoho Corporation, HCL Technologies, and Cognizant, along the NH-183 corridor, are directly fueling real estate development in the area.
The demand for commercial and residential property options is growing with organisations opting for lower operational costs.
New business hubs are sprouting in proximity to more businesses, startups, and professionals attempting to gain proximity to the IT offices, thereby driving growth in real estate Cumbum.
More demand for office space has led to the opening of modern office complexes, residential apartments, and mixed-use properties to the inflow of employees looking for housing.
G Square Golden Acre: Build Your Dream Home in Cumbum, Theni
Welcome to G Square Golden Acre, which is a world-class and secured plot community situated in Cumbum, Theni. It is one of those few premium residential projects that offer smart and safe villa plots that are perfectly suitable for building your dream home.
G Square Golden Acre is all about connectivity, convenience, and safety, which is luxurious yet affordable at the same time and designed to give its residents a different lifestyle.
Project Highlights:
- Location advantage: Given its proximity to Cumbum, Theni, and G Square, Golden Acre represents a perfect location for easy accessibility to other cities and immediate services like schools, hospitals, and shopping malls.
It has exceptional connectivity with major cities and is located just 26 minutes away from Dindigul-Kumily NH-183 (21 km). This provides easy access to the business centers and urban hubs aiding in economic and living benefits.
- Spacious Residential Plots: Vast residential properties ranging from 1.5 cents above; with an expanse of 26.24 acres, it has 600 plots that allow you sufficient flexibility in the size of your plot.
- Top-Notch Infrastructure: With neatly laid blacktop roads, street lighting, and high-end 24×7 CCTV surveillance, you can be sure of a safe and hassle-free stay in the entire township.
- World-Class Amenities: The project in Cumbum, Theni provides you with additional amenities, which exceed 50 in number, together with free maintenance for a year and legal documentation done to perfection. This could be your ideal future home.
- G Square Assistance in Construction: We offer guidelines and support after the purchase to help in easy villa building without stress.
At G Square Golden Acre, in Cumbum, Theni we offer the perfect place to create your dream villa in a community that provides safety, connectivity, and comfort. So what are you waiting for? Come for a site visit and make your dreams come true!
