The region experienced rapid expansion, as the cost of land plots surged from Rs.400 per square feet in 2014 to Rs.2000 per square foot in 2024.
Prices are predicted to become higher than Rs.5,000/Sq.ft. by the year 2034.
Its near proximity to the beach tourist corridor-which includes places like Mahabalipuram and Pondicherry-can be blamed for this boom.
The location is in close proximity to MUDHALYAR KUPPAM BOATING
WHY INVEST IN PARAMANKENI, ECR?
The NHAI has proposed an East Coast Road expansion from Mamallapuram to Kanyakumari into four-lane highway was being taken up at a cost of 24,435 crore.