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Residential Realty: Suburbs Witnessing High Demand Due To Development Activities

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Residential Realty: Suburbs Witnessing High Demand Due To Development Activities
25 July 2019

Suburbs in key residential markets of India are witnessing high demand. This week Outlook Money in association with Magicbricks brings to your four suburbs that have come well in the in cities like Delhi, Pune, Chennai and Ahmedabad. These suburbs are in healthy demand due to their affordability, social infrastructure, proximity to commercial hubs and excellent connectivity.

Rohini, Delhi

Rohini is a residential hub located in the North Western part of Delhi developed by Delhi Development Authority (DDA) in 1980s as a part of its first sub city project to cater for the growing demand of residential spaces in Delhi. Rohini boasts wide road, good amenities and proper green spaces in and around each society within the region to maintain the quality of life of its residents.

Rohini enjoys good connectivity with other parts of Delhi with Outer Ring Road running parallel through southern side and NH-44 through Eastern side. Rohini gets metro connectivity till Rithala via the Red Line of Delhi Metro and till Samaypur Badli via the Yellow Line. These lines provide connectivity to prominent regions such as Connaught Place, Kashmiri Gate, Ghaziabad, Saket and Gurugram.

Rohini boasts numerous renowned schools and colleges such as Ryan International School, St. Xavier’s School, Delhi Public School, Delhi School of Professional Studies and Research, Maharaja Agarsen Institute of Technology, Delhi Technical University, etc. Besides having good social as well as physical infrastructure, the residents of Rohini also enjoys proximity to popular shopping malls such as Kings Mall, and Metro Walk Mall.

Undri Pune

Undri is a developing suburb that lies in the southern part of Pune. The area gained popularity as a hotspot for residential properties due to its proximity with green areas and major Job centers of Pune and nearby regions. Undri is a part of dense green space that is protected by Government’s regulation. The Rajiv Gandhi Zoological Park is just 20 mins away from the region. Moreover, the region enjoys superb connectivity with Hadapsar, Kharadi, Hinjewadi, Bhosari and PCMC. Prominent IT hubs such as Phursungi IT Park, Magarpatta City, SP Infocity and Amanora Park Town are within the vicinity of the region driving the residential demand for the region.

Undri boasts a wide and complex network of well-connected roads. Mumbai NH-65 passes through Undri, offering smooth connectivity to Pune and Mumbai. Moreover, the Pune International Airport is just 18 km away. The area has established social infrastructure with prominent schools and hospitals such as Satish Misal Educational Foundations (SMEFS), Bishops Co-Education School, National Institute of Bank Management (NIMB), Chintamani Hospital, and HV Desai Eye Hospital within the area.

Satellite Ahmedabad

Satellite is a renowned locality in the western part of Ahmedabad city. The area is separated from rest of the city by Sabarmati River. Satellite covers a wide range of residential houses, villas and apartments in both affordable and premium segment. The region also offers variety of retail and shopping options with malls such as Ahmedabad One Mall, Sunrise Mall, Galaxy Mall, etc. located within the locality.

The region is covered by 132 feet ring road on its eastern perimeter and by SG Highway from Western perimeter of the locality, providing it with excellent connectivity to the other parts of the city as well as state. The most preferred public transport option among residents are buses operated by Ahmedabad BRTS. Moreover, the nearest railway station of Vastrapur is just 3 Km away while the Ahmedabad International Airport is also just 15 km away from Satellite.

Satellite also offers good social infrastructure for its residents, with renowned schools and hospitals such as Nirman High School, The Satellite School, Shalby Hospital, HCG Hospital, Apollo Hospital, etc in vicinity.

Sholinganallur Chennai

Sholinganallur is a suburb located in the southern part of Chennai and is highlighted for its proximity to IT suburbs such as Perungudi, Siruseri, and Tharamani. The region itself is also home to premier IT companies such as Accenture, Infosys, Paypal, Wipro, Mahindra Satyam, eBay, etc. The proximity to a number of IT campuses is a key demand driver for the residential properties in the area. Additionally, the State Government’s plan to develop “Chennai Finance City” along the Anna Salai Road, which is just 15 km away from Sholinganallur in Anna Salai would further boost the demand for residential properties in the region.

The major roads connecting the region are Sholinganallur Main Road and Old Mahabalipuram Road (OMR). The East Coast Road that connects to Mahabalipuram is also just 2 Km away from the locality.

Sholinganallur also offers good options for schools and hospitals to serve the social needs of the residents. Schools such as NPS International, Gateway, and International Village Schoo are accessible to its residents. Moreover, for the shopping needs of the residents, the region offers prominent malls such as Vivira, Phoenix Marketcity, BSR Mall, etc.

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