Chennai is experiencing unprecedented infrastructure changes that are going to redefine the real estate scene in the city. The infrastructure upgrades taking place around the Irumbuliyur Flyover and widening of GST Road, in particular, will have a profound impact on real estate development and change in the near future.
This blog will examine the anticipated effects on property prices near Irumbuliyur Flyover, new investment prospects, and select areas becoming more desirable, in an effort to get a feel for where the future of real estate in Chennai is headed.
Irumbuliyur Flyover and GST Road Widening: A Game-Changer for Real Estate in Chennai
Chennai, one of the fast-growing metropolises in India, is in the middle of enormous upgrades in its infrastructure which will change the entire real estate landscape. The widening of the GST Road and the development of Irumbuliyur Flyover not only smoothens the traffic in the city but enhances the growth of real estate in Chennai. Let’s break down the impact of these developments.
1. GST Road’s Major Upgrade: A Step Towards Better Connectivity
The Tamil Tamil Nadu government has announced plans for a major eight-lane widening of Irumbuliyur Flyover and GST Road in Chennai, one of the busiest roads and a major lifeline for the region. Due to historical issues surrounding traffic and congestion, this Irumbuliyur Flyover project on GST Road has attracted considerable media coverage already.
The project on the road is for an approximately 1.5 km stretch underneath the Perungalathur Flyover. The Irumbuliyur Flyover project has been estimated at a cost of ₹12.8 crore and is scheduled to begin to be completed before mid-2025 and was identified as improving safety, and traffic conditions.
The major project includes a new fourth arm of the Perungalathur Flyover that will connect with the Tambaram Eastern Bypass.
Furthermore, the proposed improvement in Irumbuliyur Flyover aspires to reduce the time required to travel on busy arterial roads, with the current use estimated at 1.8 lakh vehicles a day, ultimately improving connectivity in Chennai and beyond.
2. Commercial Real Estate Boom on the Horizon
The widening of GST Road and the upgraded Irumbuliyur flyover connections in the region make places like Tambaram, Perungalathur, and East Tambaram more attractive for residential and commercial development because improved road conditions enhance the appeal of real estate in Chennai.
Commercial developments along the upgraded corridors enjoy the advantages of better connectivity, making it easier for potential buyers to commute in Irumbuliyur Flyover. Developers want to take advantage of redevelopment opportunities in these areas by positioning their developments as convenient commutes to key employment centres, schools and educational facilities thereby enhancing their growth in real estate in Chennai.
3. Improved Connectivity through New Service Roads
The establishment of new service roads along Gandhi Road in East Tambaram provides substantial benefits to residents and commuters alike. The use of the Chennai-Trichy highway sees traffic of over 1.8 lakh vehicles per day, and the new service roads will provide enhanced entry and exit points, removing congestion for business spaces which will enhance the prime opportunities for commercial growth.
The service roads in Irumbuliyur Flyover not only benefit the area but also to local businesses. With the decreased traffic on local roads and improved connectivity to central Chennai, East Tambaram becomes more attractive for all forms.
4. Long-Term Impact on Chennai’s Urban Development
The long-term real estate growth because of the GST Road widening and the Irumbuliyur Flyover will last for years. As Chennai continues to grow, these infrastructure upgrades in Irumbuliyur Flyover are anticipated to be the backbone of urban development, affecting both real estate and the entire economy. Improved connectivity and ease of transport continue to attract more people to either live in or work in Chennai to the city’s economic progression.
5. Emerging IT Corridor Boosting Real Estate Growth Near Irumbuliyur Flyover
The new arm of the Perungalathur flyover to connect to Tambaram Eastern Bypass and the newly constructed service roads along with Gandhi Road will lead to an increase in real estate growth in the developing IT corridor along Tambaram and Perungalathur.
As a result, the area will become more attractive to technical companies and BPOs. The infrastructure is adjacent to the primary OMR tech hub in Chennai and creates a secondary IT corridor with commercial real estate (including office space) being constructed specifically for IT and ITES companies.
Once the Irumbuliyur Flyover area improves accessibility and congestion is reduced, property prices begin to rise giving the investor strong upside and opportunity to invest in what will become the next great IT hub of the city outside the traditional zones.
Unlock Your Business Potential with G Square Entity: Premium Commercial Plots at Irumbuliyur Junction
G Square Entity provides a convenient workspace solution at Irumbuliyur Junction, one of the most conveniently located projects in Chennai.
G Square Entity is one of the ideal investment opportunities, with great connectivity to all major transportation points such as Tambaram Railway Station and great infrastructure. There is great potential for new businesses to establish themselves and grow in one of Chennai’s fastest growing commercial settings.
Project highlights:
- Prime Location: Located near the Irumbuliyur junction, Tambaram Railway Station for easy access.
- Security: 24×7 CCTV, security for all units ensuring the safety of all the residents.
- Legal Documentation: 100 percent legal documents for a seamless purchase and smooth transition.
- Ready for Construction: One year of free maintenance, and assistance for easy construction after buying.
- Proximity to IT Parks: The project is strategically located near Tambaram in Chennai, which has various IT parks including Shriram IT Gateway, Ascendas IT Park, the World Trade Center, Ambit IT Park, Cybervale (An Ascendas IT Park), and Global Infocity, thus making the project suitable for business and commercial purposes.
Why Choose G Square Entity?
- Business Friendly Environment: A vibrant community of successful companies and growing startups that allow for a productive environment in Irumbuliyur.
- Safety & Convenience: Peace of mind for businesses with constant 24/7 monitoring in Irumbuliyur.
- Access to Essentials: Easy access to schools, transport, and commercial hubs.
Do not miss out on this great opportunity – call us for a free tour of the site and reserve your space at one of Chennai’s premier commercial location options!
FAQs
- What will the impact of the Irumbuliyur Flyover project be on traffic and the location?
The Irumbuliyur Flyover intends to improve connectivity by actively alleviating traffic congestion and travel time along GST Road, benefiting local residents and businesses.
- What does the new fourth arm of the Perungalathur Flyover represent for this development?
The new fourth arm of the Perungalathur Flyover will connect to the Tambaram Eastern Bypass, providing additional connectivity and traffic flow in the area.
- In what way does G Square Entity help commercial growth near Irumbuliyur flyover?
The G Square Entity provides an excellent location, excellent connectivity, security, and is located in a significant IT park area that would be suitable for business and commercial development.
