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Investment in Ponneri Promises High Return

The economical power and potential of industrial corridors are something history has validated time and again. That is why investments in properties tend to have the highest returns. Naturally, entering this section of the market can certainly put a dent to your finances. However, if you are a new investor who is looking to give wings to your savings while not drying up your finances, then this article is your anchor.

The Metropolitan cities like Delhi, Mumbai, Chennai and Bangalore have real estate properties that are almost impossible to buy. At the same time, there are certain underdog cities in the proximity of these industrial corridors that are yet to be fully developed. Such cities provide low budget entry to a better and prosperous future.

One such promising industrial node is Ponneri. The city is located in Thiruvallur district of Tamil Nadu and has been growing massively since the past few years. It is also one among the 100 cities that have been chosen for the Smart City Development plan. Industrialists are now starting to see Ponneri as a viable option for new ventures. In a nutshell, if you are someone who is looking for a low entry ticket size to enter the real estate market, then Ponneri is certainly the best option for you. Read on…

Ponneri – A Promising Real Estate Investment Option?

An Industrial corridor is an economic ecosystem that connects two major economic centres. The corridor becomes the nerve centre for all the economic activity between the two centres. India has five industrial corridors, namely –

  • Delhi Mumbai Industrial Corridor (DMIC)
  • Amritsar Kolkata Industrial Corridor (AKIC)
  • Chennai Bengaluru Industrial Corridor (CBIC)
  • East Coast Economic Corridor (ECEC) with Vizag Chennai Industrial Corridor (VCIC) as Phase-1
  • Bengaluru Mumbai Industrial Corridor (BMIC)

Industrial corridors have a great significance in the economic development of a nation. They become the hotspot for industrial growth and the surrounding areas become the fastest-growing economies.

The geographical placing of Ponneri is certainly a boon for new investors. This is because, among the five, two of the corridors — Chennai Bengaluru Industrial Corridor (CBIC) and East Coast Economic Corridor (ECEC) with Vizag Chennai Industrial Corridor (VCIC) as Phase-1 — start at Ponneri. The Ponneri node is thus the hotspot for infrastructure and industrial development and urbanisation. State government's TIDCO and Central agency NICDIT have collaborated to develop the Ponneri node. The development focuses specifically on boosting the nation's Gross Domestic Product.

Here are some other stellar geographical advantages for Ponneri that can be leveraged for the city's industrialisation and urbanisation:

  • It falls close to the Kattupalli and Kamarajar Ports making it a hotspot for both domestic and international markets.
  • Majority of Ponneri taluk happens to be at the seaside.
  • The locality will soon house some world-class infrastructure and provide job opportunities to plenty.
  • Ponneri is also close to some of Tamil Nadu's popular tourist sites like Sriharikota and the Pulicat Lake.
  • The rail connectivity has frequent suburban trains coming and going through the city.

Why Invest in Ponneri?

Investors who have smaller budgets and are looking for a long term ROI i.e in a 5-10 year horizon have good news – Ponneri is your entry ticket to prosperity.

Even though the city is close to the major ports of Chennai, the city did not witness the kind of growth and prosperity that it was supposed to. But with the state and central government's emphasis on boosting the city's infrastructure and development, investments in the locality will soon become profitable.

As of now, the city is at the brim of economic growth and hence a lot of its land is undiscovered. These become the red carpets for small businessmen and investors with low budgets. The property prices have surged quite a bit in the past few years indicating that investments have started to give great returns.

The city now hosts some important infrastructure escalating the price range of the properties in the city. Be it industrial growth or housing units, Ponneri is going to be the next big thing in the world of real estate.

Ponneri and Industrial Growth

Ponneri is emerging as a hub for automobile, chemicals, and electronic components. International and national investment have started to pour in and industrialists are looking at it as a viable option. While the potential for MNC setups for the city is undeniable, startups and SMEs too turned to Ponneri. Low priced lands and the access to ports, highways, and tourist places are few among the long list of benefits.

Ponneri and Residential Growth

The massive industrial growth of Ponneri would boost the logistics in the city and its vicinity. Subsequently, more and more job opportunities would emerge, attracting new settlers in the city. The housing demand will therefore skyrocket in the coming 5-20 years. That is why small investors should identify this opportunity as a golden chance and put in their eggs in Ponneri's real estate.

The Bottom line

Ponneri's potential to turn your savings into money-making machines is undeniable.

The city has already started to attract national and international investors. But the best part is that the lands in Ponneri are still priced low enabling small investors to buy assets in the city. Build a happy future for yourself and your family by investing in the promising real estate of Ponneri.