Is it the right time to invest in Ponmar? Let’s find out!
Investing can be a powerful tool to help you grow your wealth and reach your financial goals. While smart investments and monetary benefits play an important role, investments made towards having a healthier lifestyle, with access to today’s necessities and niceties (N&N), and living in a place with an abundance of natural resources without compromising on work-life or quick access to the city’s center can be very rewarding to one’s mind, body, and soul.
To achieve the monetary benefits, there are several avenues one can explore, with property investment being one of the safest options, as it comes with lesser risks, especially when investing in an upcoming or developing locality with the requisite government approvals in place.
Investing in a place that addresses one’s own N&N would be the right way forward to achieve the lifestyle benefits. One such upcoming locality that ticks multiple items in the list in Chennai is Ponmar. Formerly a calm and quaint town, Ponmar has seen a drastic change in its skyline due to its proximity to the city center, excellent groundwater quality, synchronization with nature, easy accessibility, and robust transport connectivity. The area is well-connected to major IT hubs, educational institutions, entertainment centers, and other key infrastructure, making it a desirable investment option.
The cornerstone
Mentioned below are two key elements that stand out as the cornerstone of Ponmar’s appeal.
- Affordability & Lifestyle
- Potential for Monetary Appreciation
Over the last few years, Ponmar has seen periodic growth in market prices. Between the last quarter of 2021 to the last quarter of 2022 alone, a growth of 15-30% has been observed across Ponmar in its market value. This exponential growth in property prices reflects the growth potential of Ponmar.
Appreciation in recent times
With almost every class A builder and property developer looking to make their mark in Ponmar, the area is set to become a premium luxury destination that can redefine the way people of Chennai live. In addition to this, the local government has also announced several initiatives that will aid in the development of the locality, such as the construction of a new metro line, modernizing road networks, and the establishment of new recreational spaces. This will further contribute to the growth of Ponmar, making it an even more attractive investment option.
Apart from the potential returns, investing in Ponmar has other benefits as well. Not only is the area surrounded by lush green spaces, but it also offers a peaceful and serene atmosphere, perfect for those looking for a respite from the hustle and bustle of the city.
Investing in Ponmar now is the smartest move you can make to ensure a secure future and unparalleled growth, especially for the bubbling IT Chennaites! The area is bound to turn into a sought-after destination, given its best air quality, less crowded, and non-polluted atmosphere well away from and yet in close proximity to the main junctions and major IT Parks of Chennai.