A highly sought after area, this region is home to booming Tamil film industry and many rich and affluent residential societies. A number of film studios including A. V. M. Studios, A. R. Rahmans A. M. Studios, K. M. Music Conservatory and Vijaya Vauhini Studios are home to Kodambakkam
. Incepted in early 70s by CMDA (Chennai
Metropolitan Development Authority), it is a well-planned and developed area attracting people. It also has Vadapalani
Some of Chennais oldest flyovers connect to the likes of Ashok Nagar
and K.K. Nagar. This region connects to Nungambakkam
, a highly posh area, T. Nagar, which is a commercial region and Koyambedu
transport corridor. The international airport is at a distance of 12 kilometres and Chennai
Central Railway Station is 9 kilometres away. The area is in the edge of GST
(Grand Southern Trunk Road), which is also NH45. Bharathiyar Nagar Bus Stop in Kodambakkam
, which is in proximity to Padur
, facilitates transportation to various places within and around the area. Auto-rickshaws are cheap and are used for local movement.
Residential real estate in Kodambakkam
is posh and well-developed. The area, which predominantly has bungalows and independent properties, now sees under-construction of multi-storey projects. Apartments here range from Rs 8,350 to Rs 9,700 per sq ft.A 2BHK can range between Rs 55 lakh to Rs 1.35 crore, a 3BHK is Rs 90 lakh to Rs 2.5 crore. Luxurious and spacious villas in this area can cost a whopping Rs 7 crore. A 2BHK rental property can fetch Rs 30,000 per month and a 3BHK can command Rs 50,000 per month.
Numerous eateries, stores and banks are lined up in its streets. Some schools nearby are Chhatrapati Shivaji DAV School, Metro English Medium School and Fatima Matriculation Higher Secondary School. Meenakshi Sundaram Engineering College is a known college in the neighborhood. Some renowned hospitals in the surrounding area are The Best Hospital and J.V hospital. Its closeness to IT companies have propelled growth of infrastructure and encouraged development.
Projects to construct flyovers, footpaths and over-bridges for pedestrians are already lined up.