Investment in plots is one of the smartest moves which not only guarantees the safety of the money but also yields excellent returns especially when the choice of place is right. When one buys a plot in a developing locality like Tiruvallur which has experienced tremendous growth in the past few years and has many infrastructure development plans in the pipeline, the investment would reap astonishing benefits. Here, we would probe more on these line and look at the top 3 ways in which development activities in a locality influences the value of the plot thereby yielding good returns on the investment- 

Increases the livability index of the place 

The livability index of a place is directly related to the social infrastructure of the place, the connectivity of the locality and the ease with which the residents of the place can commute to other parts of the city, and the proximity and connectivity to essential services like quality health care, educational institutes, banks, etc. When the infrastructure of the locality improves all these requirements are available within a few minutes of travel making the place desirable for living. 

For example, the recent widening of the Tiruvallur highway (NH 205) has greatly helped the commuters as it provides an alternative route for Chennai-Tirupati Highway (CTH). The proposed four-lane highway from Tiruvallur to Tirupati which is to be constructed at an estimated cost of 985 crore by the National Highways Authority of India (NHAI) would be a game changer for this place as it would drastically improve the connectivity of this place and hence its livability index and when the locality becomes a preferred residential location the investment on land there would yield excellent returns. 

Attracts businesses & improves employment opportunities  

It is very natural that new industries and businesses seek a place which offers them good infrastructure support. The presence of broad wide roads, easy transportation options to other parts of the city and highway connectivity for movement of goods and services, availability of high speed data connectivity and internet services, all these are the factors that attract new business ventures and industries to a locality, and thereby improve the employment opportunities of the place, which in  turn attract people who move there looking for better quality of life.

Tiruvallur can be considered a classic example of a place where infrastructure growth has developed the locality into an industrial hotspot thus in turn attracting people looking for good employment opportunities and better standards of living. The establishment of numerous industrial parks including the SIPCOT industrial complex, the Thiruvallur high-tech industrial park, and many alike has transformed Tiruvallur into a hub of industries creating abundant employment avenues and propelling the overall economical development of the place.  The cascading effect of this is clearly visible in the increasing rate of villa plots in Tiruvallur. 

Increases demand for residential properties

As mentioned earlier infrastructure growth attracts business establishments, industries and a good social infrastructure to the place. When all these factors are available in a locality it becomes the ideal setup for comfortable living. Staying in a house located close to the workplace, built to one’s specific requirements and situated in an amiable neighbourhood with good schools, colleges, trusted medical facilities and avenues for entertainment is the dream of every property owner.

The obvious fact is that such localities become the preferred destination for all aspiring property buyers and this causes a steep increase in the property rates there, especially the asset value of premium gated community plots in such developing localities increases rapidly. So, a smart investment in land in such prime localities will yield excellent returns in a very short span of time.  

For every aspiring property buyer the growing suburbs like Tiruvallur present an unique opportunity to invest in a developing locality where the prices of villa plots are buyer friendly presently, but are sure to sky rocket in near future. The many infrastructure development activities around this locality has transformed it to a business hub and moulded the neighbourhood into an ideal one for living.

Visit the promising ventures here, premium villa plots equipped with multiple amenities, and earn an asset that would be your smartest investment for the future.