CNN Central News & Network–ITDC India Epress/ITDC News Bhopal: The recent announcement of the reopening of Ford’s manufacturing plant, which has its presence on GST road, and the ongoing construction of Kilambakkam railway station have been predicted to be the key catalysts for driving the growth in the region.
Ford’s Reopening: Revitalizing Industrial and Employment Prospects
The reopening of Ford manufacturing plant near Maraimalai Nagar after a three-year gap, in close proximity to Singaperumal Koil, is expected to create numerous job opportunities, revive secondary industries, and drive demand for residential and commercial real estate.
Ford’s presence has historically attracted a large number of skilled workers from across the country, many of whom have established their homes here. Similarly, its upcoming reopening is expected to bring in more population into the locality and further boost the housing and commercial demand in the neighboring areas.
The growing influx of workers and industries is additionally expected to relocate to these thriving areas, providing lucrative opportunities for both investors and potential homebuyers, adding value to the real estate market of the region.
Kilambakkam Railway Station: Added Connectivity Advantage Along GST Road
One of the major factors that is going to influence the region’s growth is the ongoing construction of the Kilambakkam railway station. The railway station is expected to significantly improve the connectivity from the southern suburbs of the city along GST Road to Central Chennai, with the proximal Kilambakkam bus terminus, further strengthening transport links in the area. This improved connectivity is expected to further bolster the appeal of residential and commercial plots in Singaperumal Koil, Urapakkam, Guduvanchery, Vandalur and other surrounding localities along GST Road.