A Well Connected and Affordable Destination: Mogappair

BY THOMAS ANDREW

About Mogappair:

Mogappair, once not taken too seriously as a real estate prospect, is now one of the leading developing localities in Chennai.

In fact, it is now perhaps among the most sought-after residential destinations in the city, and things only look to get better.

Earlier, Mogappair was known as Maga-p-Peru which means blessed with a child.

After constant mispronunciation, the name ultimately evolved into Mogappair or Mugappair.

LOCATION:

Located in the North-West of Chennai, it is a fastdeveloping suburb. Due to its strategic location it has witnessed an increase in demand for real estate in recent times. This locality comes in the ambit of Ambattur Municipality, and one can get affordable apartments in Mogappair when compared to Anna Nagar.

Transportation:

The main modes of transport in this area are buses and share autos.

There are two bus termini that operate 280 trips every day, to various parts of the city.
The upcoming Thirumangalam Metro Station is just six kilometers away. Once completed, it will come as a great relief to commuters, allowing them to easily commute to South Chennai. CMBT (Chennai Moffusil Bus Terminus) is around three kilometers away, and from here, buses can be found to all parts of city.

Benefits of Mogappair:

Its closeness to schools and hospitals has led to an increased demand for flats in Mogappair. Eating out can be a delight thanks to a host of Chettinad, Chinese, Continental, American and Punjabi food joints. The nearest entertainment hub is Ampa Skywalk, which is six kilometers away. Its accessibility to NH4 that connects it to Sriperumbudur has opened up new opportunities.

Also, with many IT parks and companies setting up base in Ambattur, the demand for Mogappair flats are in an upswing.

On-going projects and price rates:

Ongoing projects in Mogappair are KG Signature City by Kishorekuman Gokaldas Developers, PdotG Royal Habitant and Royal Enclave by P dot G Constructions. The average price for flats for sale in Mogappair is Rs. 5391 per square feet To rent a flat, it can cost one approximately Rs. 14 per square feet. The rent for a residential plot is Rs. 349 per square feet. Prices are already appreciating and are set to increase further. Investment here will gain fruitful returns.

Thank you

Ref:http://philip9876.com/2013/08/06/a-well-connected-and-affordable-destination-mogappair/