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Perungudi is one of the preferred residential localities in Chennai. Strategic location, good connectivity, presence of IT infrastructure, proximity to other employment hubs and premier educational institutions are the major factors affecting real estate sales in Perungudi. Perungudi, situated to the south of Chennai, enjoys seamless connectivity via Old Mahabalipuram Road or the OMR, which passes on the eastern side of the locality. ECR or the East Coast Road runs parallel to the OMR, and the 200 Feet Radial Road passes to the south of Perungudi. While the Kallu Kuttai Lake is in the north, Perungudi lake, infamous for its pollution, is in the centre. Guindy, Velachery, Tharamani, Madipakkam, Palavakkam, and Thiruvanmiyur are prominent localities near Perungudi. Perungudi is dominated by apartments and independent houses. IT professionals, students and the localites form the major chunk of the consumer profile of Perungudi. The population ranges from middle to upper middle class. The area fetches good rental income due to the influx of people from various parts of the state and country for work and studies. World Trade Centre Chennai, home to many multinational companies like Amazon and RMZ Millenia Business Park, is in the locality. Taramani is 2.2 km, Guindy Industrial Area and Velachery are around 5 km away. Apart from this, Perungudi enjoys easy access to Velachery-Tambaram Main Road. OMR, ECR, 200 Feet Radial Road, MGR Main Road, Perungudi Station Road and Ambedkar Main Road are some of the major stretches of connectivity to the locality. Perungudi has a good frequency of MTC buses running from various parts of the city. Cabs and autos are easily accessible. However, the nearest metro station to the locality is around 8 km away in Guindy. Chennai International Airport is approximately 12 km away and can be reached via the Chennai-Nagapattinam Highway or the Chennai-Theni Highway. While the Perungudi Railway Station is within the locality, Chennai Central Railway Station is around 17 km away. Many good educational institutions like Sangford, Bharath Dass Matriculation Higher Secondary School, Seed Academy, BVM Global, Indian School of Science & Management and the Ambedkar Law University are within the locality. Apart from this, GTA Vidhya Mandir, Dhanraj Baid Jain College, Misrimal Navajee Jain Engineering College and IIT Madras are around 5 -7.5 km away. Talking about healthcare facilities, while Apollo, Sri Lakshmi Multi-speciality and CM Hospitals are within the locality, Promed, KL and Dr Kamakshi Memorial Hospital are within 5 km. Commercial and retail infrastructure in Perungudi is well-established. Many markets, local stores, marts, and shopping complexes cater to the residents’ daily shopping needs. Additionally, Brigade Vantage, MOTI Towers, Grand Square, ASV Crown Plaza and Phoenix Marketcity are a part of the locality or within 5-7 km. Thiruvanmiyur Beach, Guindy National Park, B.M. Birla Planetarium and Tholkappia Poonga are some of the nearby tourist attractions. Perungudi has one of the biggest landfills in the city. Pollution due to it, fire at the landfill and pollution of the Perungudi lake often make headlines. Apart from this, water shortage during summers, traffic congestion, poor condition of roads in a few pockets and waterlogging during heavy downpours are other concerns of the residents of Perungudi. To sum it all up, the presence of IT hubs, excellent connectivity via OMR and ECR, and well-established social, retail and commercial infrastructure are major factors why people prefer to invest in properties in Perungudi. However, be cautious and aware of the problems associated with buying a property near the landfill or the infamous Perungudi river. For more info: https://www.magicbricks.com/Perungudi...