The Kalaignar Centenary Bus Terminal (KCBT) in Kilambakkam was built to reduce urban congestion. KCBT is better than CMBT in many ways, including infrastructure, location, connectivity, facilities, transportation, parking, and accessibility. On December 30, 2023, all the southbound buses, including SETC and TNSTC, were redirected from Koyambedu to the Kilambakkam bus terminus.
Kilambakkam is witnessing a surge in property prices and is gaining a lot of attention from investors from across the nation, resulting in increased property value. If you are looking for a house for sale in New Perungalathur, this guide will help you make informed decisions. This article aims to discuss the overview of the Kilambakkam bus stand and how you can use the current to your advantage.
Overview of Kilambakkam’s Bus Terminus
Kilambakkam, situated on the outskirts of Chennai, spans a staggering 88.52 acres, whereas the former bus terminus spanned a mere 36 acres. The Kilambakkam new bus stand is built to accommodate a huge influx of passengers.
The terminal has a parking capacity of over two hundred government and private buses at a time; the specified parking bays for buses are 410, and there are specific bays to park Omni buses. It also hosts approximately 20000 to 30000 passengers on weekdays, but on weekends and holidays, it records more than 100000 passengers.
Kilambakkam terminal is one of the necessary parts of the growing transport system in Chennai. It functions as a terminal for all the buses going south, which was once controlled by CMBT in Koyammedu for southbound buses. The terminus links most large districts like Chengalpattu and Kancheepuram and extends to Southern Tamil Nadu. Other features, like a shuttle bus that has been proposed and an actual train station that will be established near the place, are also believed to improve its accessibility.
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Impact on Connectivity and Infrastructure
The proposed Kilambakkam bus terminal enhances commuter access not only to the periphery of the city but to nearby residential and commercial centers as well. This terminal established on the Grand-Southern-Trunk (GST) Road connects Chennai to the South’s other leading districts, such as Dindigul, Madurai, and Kanyakumari. The availability of such improvements enhances the transportation means by residents of places such as Singaperumal Koil, Guduvancheri, Vandalur, Urapakkam, and Tambaram.
Other infrastructure growths around Kilambakkam and proposed metro stations on the second phase of extension in the Chennai metro will add to the accessibility of the area. Such improvements, together with road extensions and a transit terminal, make nearby areas profitable for living and commercial purposes.
The enhanced mobility cannot but enhance real estate values in such locales since such locations become more desirable for customers and investors. As more transport avenues open up, real estate in Kilambakkam and its neighboring areas is set to take off as firm ridership to central Chennai and other parts of the city.
Kilambakkam’s Transformation: A Booming Investment Hub
Historically, Kilambakkam was an underdeveloped area that was characterized by agrarian surroundings with little development. Like many other regions, it has also witnessed a change in the past few years, especially because of the ever-expanding Kilambakkam Bus Terminus (KBT). KBT is now in a position to facilitate Rather, KBT is now acting as a catalyst for rapid development in the area.
The new bus terminus is encouraging infrastructure development, important in enhancing the connection and access to the other parts of Chennai. This improved public transportation system is coming as a catalyst for the development of commercial undertakings, including shops, restaurants, and hotels.
The development of KBT has also created pressure for affordable housing in central Chennai, even though people are looking to shift to another house. This site is well connected to other parts of the city through better transport facilities, and the availability of more affordable houses at Kilambakkam makes it more suitable for home seekers and investors. Further, the place is very calm and free from noise and pollution, making it suitable for families who are seeking a change of pace and a more tranquil life away from urbanization.
Advantages and Considerations
Here are some advantages and considerations while buying a property near Kilambakkam:
Advantages of Buying a Property in the Locality
- The place has the potential for high capital gain being located near the proposed Kilambakkam bus stand and its accessibility on the Vandalur-Kelambakkam Road.
- These developments are expected to enhance demand and property values in the near future since they will be developed fully. It is not very expensive to buy property here like other established areas such as OMR, which makes it a good starting ground for those who want to invest in property in the long run.
- Also, with the enhanced infrastructure and increasing job opportunities around it, the rental returns are expected to grow, making it a favorable environment for investments.
Considerations while Buying Property Near Kilambakkam
- The kind of project, whether it is a land, apartment, or villa, has to fit the investment plans. This piece also calls for an evaluation of the developer’s reputation and past performance as far as delivery timelines and product quality are concerned.
- Moving on to the final stage of the due diligence process, one should ensure complete compliance regarding legal aspects like title deeds, RERA registration, or any other related issues, and research the future developmental plans for the area in Kilmabakkam in detail to come to the right conclusion.
With regard to the opening of KBT, property rates in New Perungalathur, Vandalur, Urapakkam, Singaperumal Kovil, and Guduvancherry are expected to reach new heights.
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