Kolathur is a town situated in North , located close to the Grand Northern Trunk Road (NH5). The locality is surrounded by prominent areas such as Perambur, Thiru-vika Nagar, Jawahar Nagar, Peravallur, Sembium, Nagar, Villiwakkam, Korattur, Ambattur, Madhavaram and Puzhal.
Kolathur houses major IT/ITES conglomerates like Tata Consultancy, HCL, Ambit IT Park and Land IT Park.
Kolathur is strategically located and attracts buyers who are working in firms around the area. The town enjoys close proximity to the Grand Trunk Road (GST), NH5 and the Bypass Road which connect it to other major parts of the city. Road connects the locality to the International Airport and the Central Railway Station. Kolathur is 12 kilometers away from the Central Railway Station and 10.5 kilometers away from Railway Station via the New Road and the High Road.
Educational Institutions and Hospitals
The locality has well-built social infrastructure with several schools and banks nearby. Some of the good schools here are St. John school, Don Bosco School, Vivekananda Vidyalaya, National English Metric School, Radiance Matriculation Higher Sec School and Kalgi nathan Montfort School.
D R J Hospital, Government Hospital, Lions Eye Hospital and B.B. Hospital are some of the hospitals here.
Few reputed banks like ICICI, State Bank, Axis Bank, Canara Bank and HDFC have set up their branches in Kolathur.
Shopping Malls and Recreation
Spectrum Mall is one of the famous malls located in the area. In addition to this, there are many other shopping options available here such as Big Bazaar, Pantaloons, Bata and Raymond.
Real Estate in Kolathur
Apart from sound infrastructure it is closeness to strial Estate that drive the demand in Kolathur. Presently, there are 33 ongoing projects in this area and 9 projects are due for possession in 2014. Some of the well-known builders in this locality are Foundation, Chandrasekhar builders and Foundation.
The average property price in Kolathur is Rs. 4,447 per sq.ft, the minimum property price is Rs. 4,172 per sq.ft and the maximum property price is Rs. 4,723 per sq.ft. Unit sizes in the area range from 358 sq.ft to 2010 sq.ft.