Padur

Padur is a village located in the Poonamallee taluk of Thiruvallur District of Tamil Nadu. It is a small but well-rounded neighbourhood of Chennai. The residential projects here are in significant numbers and vary over a wide range of budgets.

Situated near the border of Chennai, Padur is one of the most promising localities in Tamil Nadu. It is surrounded by Kunnattur Taluk towards the east, Thiruvallur Taluk towards the west, and Sriperumbudur Taluk towards the south.

The area is advantageous in the sense that shops and other basic facilities are easily accessible. Padur also has a number of educational institutions, but the trend is growing slowly. Although Padur is originally a commercial hub, the area is also receiving its fair share in the residential sector.

Key Projects in Padur : 

Connectivity and Transit Points

Padur is connected with all the major localities through its extensive road network. Because of this, the suburbs around Padur have come in close proximity to this locality. The Chennai Outer Ring Road runs close by to this locality too.

The major mode of public transportation here is bus. The Chennai Mofussil Bus Terminus (CMBT), a major bus station in Chennai, is located about 7 km from Padur.

The locality does not have a railway station of its own. It is, however, quite close to the railway stations of Veppampattu, Thiruninravur, Sevvapet Road, and Pattabiram, all located within 10 km. Chennai’s main railway station, the Chennai Central Railway Station, is situated about 31 km from Padur. The nearest airport to Padur is the Chennai International Airport, which is located 20 km away.

Major Landmarks

•          St. Paul’s Matriculation School
•          G.R.D. College

Residential and Commercial Markets

The real estate market in Padur is thriving, mainly because of the infrastructure development and commercial hubs in and around this locality. The sale prices for Q1 (Jan-Mar) of 2014 for multi-storeyed apartments in Padur range from Rs. 3,750 to Rs. 4,150 per sq. ft. The area has an average return on investment (ROI), but has been increasing slowly.

There are also quite a few pockets of commercial real estate activity around this region, and the demand is slowly growing by the day.

Major Challenges

The absence of a proper garbage disposal system has caused problems for many residents of this locality. The commercial activity in this region has resulted in a lot of garbage being dumped at certain parts on the roads, and is posing a serious health hazard to the locality’s residents.

There is also an acute shortage of drinking water supply in this locality, mainly during the summer season.

Future Growth Prospects in Padur

Padur is undergoing some major developmental changes. With the rise in commercial and residential activity in this area, there is bound to be a lot of development in economic, social, and social infrastructure.

With a number of realtors concentrating on the off-stream localities around Chennai, Padur is definitely not going to be left behind. There are already quite a few developers who have started constructing apartments and complexes in this region. This increases the realty value for Padur and makes it well worth the investment going forward.