Chennai Metro Rail Phase 2
The Chennai metro rail phase 2 plan which is part of the smart city project is all set to be completed by 2026. The project aims to enhance the city’s infrastructure thereby improving the city’s public transportation system and reducing traffic. The key feature on how it is going to help with the connectivity of Poonamallee is through corridor 4 which is a part of the phase 2 plan. The Corridor 4 plan helps connect Poonamallee to the rest of the city via the lighthouse to Poonamallee bypass to make accessibility and transportation to the city a hundred times easier and more comfortable. The completion of phase 2 will revive the commercial and residential prospects of the area eliminating the distance disadvantage, with the help of the country’s fourth-longest metro system, making it one of the most desirable investments in the coming years.
Greenfield Airport
An area spanning 4,970 acres across Parandur and spreading into the Kanchipuram district has been selected as the plot for the proposed Greenfield Airport. The Greenfield airports were proposed to pick up untouched and unused land to build airports that will minimize not only the congestion faced by the commercial airports but also the environmental impact caused by their construction. The airport is said to help transport at least 40 million passengers annually allowing better connectivity for the state with the rest of the world. The airport will have a dedicated cargo terminal helping boost the economic development of the state. While the location as such is far from Poonamallee, the construction of the metro rail will bring it closer reducing the duration to almost only a few minutes. The airport will again transform the commercial viability of the region and make it one of the most sought-after suburban areas. If all goes well, the project will be live by the year 2028.
Kuthambakkam Bus Terminus
To cease the traffic congestion in Koyambedu and enable a hassle-free commute for travelers from Chennai to Bangalore and other western cities, this 25-acre hi-tech bus terminus plan was proposed. Almost nearing its completion, this terminus boasts multiple amenities like a food court, water facility, CCTV surveillance, shops, resting rooms for employees, high-speed internet, escalators, an additional floor, and a multi-level parking facility. This bus terminus located in Thirumazhisai, just a few km away from Poonamallee, will have 70 government bus service bays along with 30 private bus service bays. With the Chennai metro rail phase 2 happening in full swing, the bus terminus will be easily accessible by the commuters and well-connected to the city. Not only that the terminus will also be a great means of public transport with 36 bays for MTC buses, especially for the employees of SIPCOT and any other Industrial companies that might pop up in the future. The completion of the terminus will enable more people to look at Poonamallee as a better employable region that is well-connected to the other regions of the city.
IT Special Economic Zone
DLF cyber city commenced its phase 3 expansion along the Mount Poonamallee road making it OMR 2.0. This 500-crore project will offer 1.6 million square feet of premium office space. This project even sidelined the residential-cum-mall complex that was proposed years ago thanks to the metro rail phase 2 plan. The Corridor 4 plan has changed the dynamics of the region making way for the space to be used to house IT offices. The metro rail line will reduce the travel time from and to the city making Poonamallee more accessible. This along with reduced rentals compared to OMR will entice many multinational companies, BPOs and IT firms to tap into Poonamallee’s commercial potential. The metro rail line along with the Parandur airport may just be the perfect combination of catalysts that will rapidly increase the commercial potential of the area. Currently, there are also 3 IT parks spanning 3.5 million square feet of office space along the 15km stretch of St.Thomas Mount and Poonamallee. This will not only hand over a lot of employment opportunities but also witness a lot of migration of people to the suburban area paving the way for a lot of co-living opportunities and seeing a distinct rise in the region to accommodate the settlers.
New Mall at Mangadu
Chennai as a city has hit a dry spell for three years as now new malls have come into play in this duration, due to COVID but it is all going to change with the construction of this humongous 2.5 lakh square foot mall in Mangadu just 15 minutes away from Poonamallee. By 2025, the city is expected to see the construction of 7 new malls that are well spread out in the city out of which one is decided at Mangadu. This is a result of the ease of access provided by the metro rail line project. Notably, this is also the first mid-size mall to occupy the western suburb of Chennai because of which the hype is quite high. The people of the western suburb will soon have a cool place to hang out during weekends that comprises 6 floors apart from 3 basements and one ground level, 3200 cinema seating capacity, and a shopping paradise.
Residential Ventures
With the increasing demand, many builders and investors are showing keen interest in Poonamallee which is already becoming one of the sought-after suburbs of Chennai. With all that Poonamallee holds for the future, now would be the right time to invest in the locality. With Isha’s Swarnabhoomi project, you secure your future. 846-1287 sq. ft plots to create your dream homes in this rapidly growing locality. Not to mention the incredible amenities that come along like lush greens surrounding your plots giving a slice of paradise, gated community layout with 24/7 surveillance, proximity to the best schools, colleges, hospitals and last but not least, the best infrastructure one could ask for. This is the right place to start fresh with peace of mind. Whether it is to start a family, grow your family or relax and focus on the future, it is the place.
Chennai-Bangalore Highway
The much-anticipated National Expressway 7 or the Bengaluru-Chennai Expressway that runs through Sriperumbudur (which is only a close distance to Poonamallee) connects two of the biggest IT hubs of the country. This under-construction project which is to be completed by 2025 will open so many opportunities around the area. This 262 Km long expressway is trying to reduce the travel duration between the two cities significantly and is a part of the broader Chennai-Delhi expressway network. A government satellite township project is also expected along the same route at Thirumazhisai which has metro rail connectivity.
The future sounds exciting for the residents of Poonamallee who are expected to reap the rewards of the locality’s rapid growth. Poonamallee’s prospects are at an all-time rise and now is the right time to invest in the top-tier locality at affordable pricing.
