Guduvancheri: A Developing Real Estate DestinationGuduvancheri is a developing suburb in the southwestern part of Chennai and is located 35 kilometers away between Tambaram and Chengalpattu on GST Road. Strategically located on NH – 45, it connects with cities of southern and western Tamilnadu. Since Guduvancheri has all the facilities in its vicinity like railway station, bus stand, hospitals, telephone exchange, post office and also close to reputed institutions, builders are eyeing this locality as a potential real estate destination. As a testament to the potential, Lancor Holdings Limited has launched its new Lancor Lumia project in Guduvancheri. The entire project is spread over 8 acres of land with 6 blocks and 7 floors. There are a total of 504 apartments, all 3 BHK configurations ranging from 1148 sq ft to 1282 sq ft. The property will be ready for ownership by September 2014. The main feature of the building is that it was built respecting the principles of green building which adds value to this project. Some of the features of this project are: Water treatment plant and RO Integrated building management system for maintenance Wastewater treatment plant Scheduled pick-up and drop-off facility Health center and pharmacy Supermarket and ATM Lifestyle Amenities: Air Conditioners, Automatic Lifts, Swimming Pool, Tennis Court, etc RCC Framed Structure Connectivity and InfrastructureGuduvancheri is well connected to Tambaram and Chegalpatu via trains and buses. Southbound buses such as Villupuram, Tindivanam, Thiruvanamalai, Trichy, Madurai and Pondicherry stop at Guduvancheri. One can also find suburban trains to Chennai Beach from this suburb which is easy to reach and very convenient for residents commuting to work on a daily basis. It is also populated with one of the best educational institutes and healthcare centers. Some of the good schools housed in this real estate hub are St. John Matriculation School, Holy Sai International School and Vidya Mandir (CBSE). The suburb is very close to SRM University and its cluster of institutions which are located just 2 km away. Currently, many IT companies like Accenture, Mahindra World City, Ford, Sriram IT Park, MEPZ and SEZ have developed very close to Guduvancheri which has improved the real estate sector here. Real EstateGuduvancheri is a sought after locality in GST Road, owing to its excellent connectivity with SEZs. The residential value has increased many times as it is considered an affordable location. The Guduvancheri-Thiruporur road stretch is lively with lots of real estate activities like property sales and lots of new constructions.