ECR real estate in Pondicherry is becoming a choice for so many who are looking forward to buy property. East Coast Road (ECR) is a highway which runs through the coastal region of Pondicherry, Chennai to Cuddalore.
This area is popular for the very nice beaches, as well as the peaceful environment of the area, in which it is an interesting place to build homes or invest in.
For this article, we’ll talk about the speciality of ECR real estate in Pondicherry and if it’s the right thing for you.
What Is ECR Real Estate in Pondicherry?
ECR real estate in Pondicherry is a real estate in Pondicherry located on or near the East Coast Road. It is houses, apartments, villas, plots of land for purchase or investment.
It is a place where there is a decent amount of both residential and commercial properties.
Why Choose ECR Real Estate in Pondicherry?
There are several reasons why people are drawn to ECR real estate in Pondicherry:
- Scenic Beauty: The East Coast Road offers stunning views of the Bay of Bengal, with easy access to beaches and natural surroundings.
- Peaceful Environment: ECR stands out to be a calm and serene environment compared to bustling city centers that are appropriate to live in residentially.
- Proximity to City: Although it is peaceful, ECR is close enough to the main areas of Pondicherry to provide the convenience without the competition.
- Growing Infrastructure: Living in ECR is much comfortable in the sense that roads, hospitals, schools, shopping centres have been developed.
- Investment Potential: With more people expressing their interest in this area, the value of the property is expected to increase, which is the perfect opportunity to invest in it.
Types of Properties Available in ECR Real Estate
When exploring ECR real estate in Pondicherry, you’ll find various types of properties:
- Plots of Land: Empty lands where you can build your dream home or hold as an investment.
- Villas: Standalone houses with private gardens, offering more space and privacy.
- Apartments: Units within a building, often with shared amenities like pools or gyms.
- Row Houses: Houses that share side walls with neighbors but have separate entrances.
Each type has its advantages, depending on your needs and budget.
Popular Residential Projects in ECR Pondicherry
Several residential projects have been developed along ECR in Pondicherry. Here are a few examples:
- Stepstone Avarta: Offers plots and villas with modern amenities.
- Jananis The Royal Den: Provides 2 BHK apartments suitable for families.
- Pelican Belfort: Features villas of various sizes, catering to different budgets.
- Purple Row Houses: Offers row houses with essential facilities.
- The Hidden Bay: Provides large plots near the beach for custom-built homes.
These projects offer a range of options for potential buyers. citeturn0search1
Understanding the Costs Involved
The cost of properties in ECR real estate in Pondicherry varies based on several factors:
- Location: Proximity to the beach or main roads can increase property prices.
- Type of Property: Villas and larger plots typically cost more than apartments.
- Amenities: Properties with modern facilities or in gated communities may have higher prices.
For example, plots in certain projects start from around ₹11.50 lakhs, while villas can range higher depending on size and features. citeturn0search3
Steps to Buying Property in ECR Pondicherry
If you’re considering purchasing property in ECR real estate in Pondicherry, follow these steps:
- Research: Look into different projects and properties to find what suits your needs.
- Visit the Site: Always visit the property to see its condition and surroundings.
- Check Legal Approvals: Ensure the property has necessary approvals like DTCP and RERA.
- Understand the Costs: Be aware of the total cost, including registration and any additional fees.
- Consult Professionals: Engage with real estate agents or legal advisors to guide you through the process.
Future Prospects of ECR Real Estate in Pondicherry
The future looks promising for ECR real estate in Pondicherry. With ongoing infrastructure developments and increasing interest from buyers, property values are expected to rise. Investing now could yield good returns in the coming years.
Conclusion
Pondicherry ECR real estate is a perfect combination of natural beauty, peaceful living and real estate investing opportunity. This area has several options for a place to call home or an opportunity to invest. By understanding the market and following the right steps, you can make a decision that suits your goals.
