Trend & Analysis in Adyar , Chennai Adyar lies on the southern banks of the Adyar River in South Chennai. The region is bounded by the Buckingham Canal to the west, Tiruvanmiyur to the south and Besant Nagar to the east. It is among the costliest real estate markets in the city. Over the past two decades, it has developed as part of the IT corridor, south-east Chennai that houses numerous IT companies. Moreover, Adyar is well known for having excellent infrastructure, healthcare facilities, and educational facilities. It is home to Adyar Cancer Institute. Moreover, IIT Madras, Anna University, National Institute of Fashion Technology, Asian College of Journalism and the Technical Teachers Training Institute are located in adjacent neighborhoods. Some of the renowned schools in this region are Kendriya Vidyalaya, Bala Vidya Mandir, The Hindu Senior Secondary School, etc. These are the growth drivers of real estate market in Adyar. They have contributed significantly in the tremendous rising demand of properties here. Major localities in and around Adyar are Gandhi Nagar (1.9 Km), Kasturba Nagar (4 Km), Nehru Nagar (650 Mtr), Indira Nagar (1.1 Km), Venkatarathnam Nagar (500 Mtr), Padmanabha Nagar (1.1 Km), Parameshwari Nagar (300 Mtr), Jeevaratnam Nagar (450 Mtr), Shastri Nagar (550 Mtr), Karpagam Gardens (1.3 Km), and Arunachalapuram (1.2 Km). Connectivity of the Locality In the south of Chennai, Adyar is located on the southern banks of the Adyar River in Chennai. This region lies on Lattice Brigade Road, which is well connected with all major roads like Dr. Mutthu Lakshmi Road, Kamraj Avenue 2nd street, Rajive Gandhi Expressway, Sardar Patel Road, Gandhi Nagar 1st Main Road, Besant Avenue Road, etc. The Mass Rapid Transit System (Chennai) runs through Adyar with three stations at Kasturbai Nagar, Indira Nagar, and Thiruvanmiyur. This region has a bus depot operating both intra-city and inter-city buses. Nearest railway stations to Adyar include Guindy Railway Station (7.5 Km), Saidapet Railway Station (7 Km), Mambalam Railway Station (9 Km), Chetpet Railway Station (9 Km), and Chennai Park Railway Station (14 Km). The nearest airport, Meenambakkam Airport is only 13 Km from Adyar.
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Published on Jun 12, 2013