While a number of prominent localities were inundated during the December floods, Poonamallee was surprisingly unaffected. A residential housing market that has developed over the last few years, Poonamallee is a popular choice among buyers today.
Approximately 5,500 to 6,000 projects have come up in the last 3-4 years. Rapid connectivity, proximity to IT hubs, well-built infrastructure, and the availability of civic amenities, are factors that have propelled this growth. Shushmul Maheshwari of RNCOS says Poonamallee is one of the emerging residential locales in Chennai. “The area offers well-structured housing units which incorporate modern facilities. The availability of reputed schools, colleges, healthcare centres, entertainment zones, restaurants, and shopping malls, have further added to its popularity,” he says.