A Well Connected and Affordable Destination: Mogappair

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A Well Connected and Affordable Destination: Mogappair

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Mogappair, once not taken too seriously as a real estate prospect, is now one of the leading developing localities in Chennai. – PowerPoint PPT presentation

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Title: A Well Connected and Affordable Destination: Mogappair


1
A Well Connected and Affordable Destination
Mogappair
  • BY
  • THOMAS
  • ANDREW

2
About Mogappair
  • Mogappair, once not taken too seriously as a real
    estate prospect, is now one of the leading
    developing localities in Chennai.
  • In fact, it is now perhaps among the most
    sought-after residential destinations in the
    city, and things only look to get better.
  • Earlier, Mogappair was known as Maga-p-Peru which
    means blessed with a child.
  • After constant mispronunciation, the name
    ultimately evolved into Mogappair or Mugappair.

3
LOCATION
  • Located in the North-West of Chennai, it is a
    fast-developing suburb.
  • Due to its strategic location it has witnessed an
    increase in demand for real estate in recent
    times.
  • This locality comes in the ambit of Ambattur
    Municipality, and one can get affordable
    apartments in Mogappair when compared to Anna
    Nagar.

4
Transportation
  • The main modes of transport in this area are
    buses and share autos.
  • There are two bus termini that operate 280 trips
    every day, to various parts of the city.
  • The upcoming Thirumangalam Metro Station is just
    six kilometers away.
  • Once completed, it will come as a great relief to
    commuters, allowing them to easily commute to
    South Chennai.
  • CMBT (Chennai Moffusil Bus Terminus) is around
    three kilometers away, and from here, buses can
    be found to all parts of city.

5

Benefits of Mogappair
  • Its closeness to schools and hospitals has led to
    an increased demand for flats in Mogappair.
  • Eating out can be a delight thanks to a host of
    Chettinad, Chinese, Continental, American and
    Punjabi food joints.
  • The nearest entertainment hub is Ampa Skywalk,
    which is six kilometers away.
  • Its accessibility to NH4 that connects it to
    Sriperumbudur has opened up new opportunities.
  • Also, with many IT parks and companies setting up
    base in Ambattur, the demand for Mogappair flats
    are in an upswing.

6
On-going projects and price rates
  • Ongoing projects in Mogappair are KG Signature
    City by Kishorekuman Gokaldas Developers, PdotG
    Royal Habitant and Royal Enclave by P dot G
    Constructions.
  • The average price for flats for sale in Mogappair
    is Rs. 5391 per square feet
  • To rent a flat, it can cost one approximately Rs.
    14 per square feet.
  • The rent for a residential plot is Rs. 349 per
    square feet.
  • Prices are already appreciating and are set to
    increase further. Investment here will gain
    fruitful returns.

7
Thank you
Refhttp//philip9876.com/2013/08/06/a-well-connec
ted-and-affordable-destination-mogappair/
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