Chennai’s real estate market has been witnessing an upsurge in luxury gated community villas, offering not just homes, but a lifestyle.
With the growth of the city, the demand for luxury housing has also increased. This has meant that a villa for sale in Chennai almost always gets a large amount of interest from the home buyers’ community.
What are luxury gated community villas?
Luxury gated community villas are high-end residential properties that are designed to provide a luxurious living experience to the residents.
These villas are built in a gated community, which provides security, privacy, and exclusivity to the residents. Gated communities are usually equipped with amenities such as swimming pools, gymnasiums, parks, and playgrounds.
Oragadam township is an excellent example of a locality which offers premium villas in Chennai as part of luxury gated communities. Villas in Oragadam fulfill most, if not all the wishes of an investor and a dweller.
Top reasons why investing in these posh enclaves is a savvy move: –
High-End Amenities: These gated communities often come with a plethora of upscale amenities like clubhouses, swimming pools, gyms, parks, and recreational facilities. The convenience of having these amenities right at your doorstep significantly enhances the quality of life.
Premium villas in Chennai, especially in Oragadam, come with the latest features and accessories one could ask for. These include smart homes which offer several everyday conveniences that make life easy.
Security: One of the main attractions of luxury gated community villas is the enhanced security. They usually have 24/7 surveillance and trained security personnel, ensuring the safety of residents.
Community Living: Gated communities foster a sense of community among residents. The common areas and facilities provide opportunities for social interactions, making it easier for families to build social networks.
A villa for sale in Chennai offers community experiences almost as a default given that they are part of gated community developments and properties
Quality Construction: Luxury villains are built with high-quality materials and often incorporate the latest construction technologies. This ensures longevity and reduces maintenance costs in the long run.
Villas in Oragadam are constructed with the highest quality and building process excellence to ensure they meet the demands of high end, luxury gated communities standards.
Green Spaces: Most luxury gated communities prioritize greenery and open spaces. They often feature beautifully landscaped gardens and parks, providing residents with a serene environment amidst the city’s hustle and bustle.
Location: Luxury gated community villas in Chennai are often strategically located in close proximity to business hubs, educational institutions, hospitals, and shopping malls. This makes daily commuting easier and adds to the property’s value.
Regulated Traffic: Traffic within these communities is well-regulated, making it safer for children and elderly residents. The absence of honking cars and bustling city noise contributes to a peaceful living environment.
Design and Aesthetics: Luxury villas are designed with an emphasis on aesthetics and modern architecture. These well-designed homes, coupled with the overall visual appeal of the community, offer a luxurious living experience.
Premium villas in Chennai, particularly the villas in Oragadam are beautifully decked up to provide a dwelling that befits a luxury lifestyle and taste to match their owner’s style.
Privacy: Despite being part of a community, luxury villas offer a high level of privacy. The layout is usually such that it allows residents to enjoy community living without compromising their personal space.
Oragadam township offers some of the most spacious premium villas in Chennai which create a sense of privacy while being in the midst of a community.
Are you looking for more reasons before investing in luxury gated community villas in Chennai?
Six statistics that support the idea of investing in premium villas in Chennai are as below.
- According to a report by Knight Frank, Chennai witnessed a 12% increase in luxury property prices in 2022, which implies a promising return on investment.
- Tamil Nadu attracted INR 39,000 crore in real estate investments between 2015 and 2020, with a significant portion directed towards the luxury housing sector, as reported by Cushman & Wakefield.
- Luxury properties in Chennai offer an average rental yield of 3-4%, which is higher than the national average of 2-3%.
- The Tamil Nadu government’s proposed investment of INR 1 lakh crore for infrastructure development by 2025 is likely to enhance the value of properties, including luxury villas.
- The city’s per capita income has grown at a CAGR of 8.3% over the last decade, leading to an increased demand for luxury housing.
- Luxury gated community villas in Chennai have high occupancy rates, with around 85% of these properties occupied, as per a report by Colliers International.
These statistics paint a promising picture for those looking to invest in luxury gated community villas in Chennai. However, as with any investment, it’s important to do thorough research and consider all factors before deciding.
Why Oragadam township
Oragadam is a rapidly developing industrial town located on the outskirts of Chennai. The town is known for its automobile industry and is home to several multinational companies such as Renault-Nissan, Daimler, and Yamaha.
Oragadam township has witnessed a surge in real estate development in recent years, and several luxury gated community villas have been built in the area. As a result, when buyers look at a villa for sale in Chennai or premium villas in Chennai – it is Villas in Oragadam which first comes to mind.
Conclusion
Investing in luxury gated community villas in Chennai, with a focus on the Oragadam township, could be a good investment option. These villas offer a high standard of living, security, privacy, and exclusivity to the residents.
Oragadam has seen a remarkable 125% growth in land prices over the past five years, making villas in this area a promising investment opportunity.
Rental yields in Oragadam are higher than the city average, with luxury villas offering around 4-5% compared to Chennai’s overall average of 3-4%.
With all these factors in mind, villas in Oragadam could become the first choice as a location when it comes to premium villas in Chennai or any villa for sale in Chennai City.
FREQUENTLY ASKED QUESTIONS
- What is a luxury gated community?
The purpose of building a luxury gated community is to provide premium amenities in addition to those that are required. Most of the time, they have swimming pools, gyms, and other places to relax. Additionally, gated communities frequently have convenient access to nearby cities and central locations.
- Is it worth investing in gated communities?
According to a venture point of view gated networks are a decent choice, as the greater part of these zones are situated in premium regions. The structure nature of homes in gated networks is additionally better since they are exclusively worked.
- Is it worth investing in a villa in Chennai?
Villas, including gated communities villas are a place of joyous pleasant living with a lot of productivity due to individuality and is also worth it due to high resale value.