Twitter / Balaji Sowmyanarayan

Sunday, May 14, 2006

Buying Realestate Property at Nanganallur, Chennai

Nanganallur at the suburb is emerging as a middle class to upper middle class locality. The real estate prices are increasing steadily. The infrastructure is also keeping up with the growth to some extent. Is Nanganallur, Thilliganga nagar, Madipakkam, Ullugaram, Vanuvampet, Moovarasanpet, Palavanthangal, or Purithivakkam a good destination to setup your new home?

The decison depends on few important factors viz.,
  • Schools
  • Water
  • Transportation
  • Resident mix
  • Access Cultural and other activities
  • Locality Profile Improvement over next few years.

Let us attack them one by one:
Schools: There are a lot of good schools at Nangnallur. Modern Senior Sceondary School is a good School with good record. Other schools with different mix and match are available. There are vans to far off schools like the Ashram at Vellachery.
While at the topic of schools, most engineering colleges operate bus route via Nanganallur so access to such colleges is also not a problem. The middle class aspirations are centered around schools and colleges Nanganallur populace fits this profile and the type of people flock Nanganallur.

Water: Till recently, ground water level and ground water quality were the pride of Nanganallur. Yet with the increase in the number of flats, and appartment complexes, the wate level is going down at an alarming rate. In the summer season, the sigt of water tanker is a very commonn sight. There is metro water supply through 'pipe and pump' system. It is fairly regular yet inadquate. Buying water has become a norm.

Transportation: With its proximity to the suburban train line near Pallavanthangal, train is a popular mode of transport. You ride up to the station, park your 2-wheeler at the bike stand at the station and take a train to the city, etc. Busses are very infrequent. Yet it is imporving day by day. Most popular transport is private transport. Recently, the road infrastructure has undergone a improvement for good. The traffic situation is slowly getting busier.

Resident Mix: Middle class with aspiration is the mix of people at Nanganallur. Particularly, salaried class with their wards at schools and colleges with big hopes of making it big through education, employment is the majority. Now the things are changing, there is a good level of north indian population Thanks to the BPO and IT employment boom. And the cheap rental rates at the well connected areas of Nanganallur. A lot of Brahmin Non Resident Indian family population is also here. This is evidant from the ICICI bank customer profile. Much of the business to the bank is due to the Sons and Daughters and Son-in-law and Daughter-in-law who choose to spread their wings from Big time Sydeny Australia to Small time Ceder Rapids Iowa. A good mix of Conservative middile class values with the willingness to experiment with the trendy consumerism characterizes the Nanganallur resident mix.

Narashimar Temple, Nanganallur

Access to Cultural and Other activities: There is a plenty of activity choices especially if you are religious type. There are a plenty of temples which are very unique. For example the 32-feet Anjeneya Swamy Temple is centre of many cultural activities. So is the Sri Lakshmi Narashima Temple, or the Sri Hayagriva Temple. These are the Vishnava temples. Vishnava is a dominant sect in Nanganallur. The Shiva temples include Ganesh Mandali, The Ardhanariswarar Temple, Dharmalineshwarer, Sri Iyyapa Temple and innumerable other locality temples. Apart from temples there are cultural shabas like the Ranjani. If you are yoga, meditation type, you will see that Isha Yoga, Sri Sri Ravi Shankar classes are thriving at Nanganallur area. Churches, Mosque and other religious activies are also available at Nanganallur.

Locality Profile Improvement in the Future: You can see that most software companies like TCS, Wipro, Infosys, TCS, Cognizant, Patni etc operate buses to Nanganallur. This fits well with the aspirations of Nanganallur populace to land in a plum job that has a chance to go abraod. The BPO employees profile is evident from the number of SUVs that ply in the night. These people are going to spend money/invest in Nanganallur. These people will raise their kids here at Nanganallur. They will need for services and care for their elderly at Nanganallur. Apart from the high disposable income categories, the traditional jobs like Ashok Leyland, The Hindu, Banks, Central and State Govt employees form a majority chunk of the Nanganallur mix. Indeed it is ofsprings of theres traditional job holders who are getting into hi-tech high disposable income IT/BPO jobs. Many ways the profile is set to imporve in the futere. There is rampant construction all over the main roads and the side roads. Branded shops are set to paly a vital role in increasing this profile. The Medavakkam main road becoming a 4-lane road is also going to boost the profile in a major way. The proposed extension of MRTS from Vallechery to St Thomas Mount will increase the transport infrastructure. There is a lot of scope for developing the parks and public places at Nanganallur. If you aspire to buy realestate property at Nanganallur, invest in interior places which are supposedly remote now, yet will be well connected in the near future due to the above connectivity!


  1. Hi, I'm doing some research into Cycling related search 'keywords' e.g. 'ladies bike' for a client. I need to talk to people who regularly search for Cycling related information. I've found some people via ladies bike but I need to talk to more. Can you suggest where else to try?

  2. Dear scorpio,
    Recently a bunch of bloggers got together to do a 360km cycling expedition. Check them out.