A high road story of Chennai
Jan 13, 2014
Source : The Times of India


CHENNAI: The Poonamallee High Road, or EVR Periyar Salai, stretches east-west, almost from one end of the city to the other. It is one of the longest, broadest and oldest roads in our part of the country. It has been named after the historic village of Poonamallee mainly because it was initially meant to connect many areas within the city to this village. According to scholars, the name Poonamallee is derived from the Tamil term Poo Virunda Malli (Arabian jasmine) alluding to the profuse cultivation of this flower in the region.

Throughout the medieval period, Poonamallee was an important settlement because of its strategic location not too far from many significant villages and towns including Sriperumbudur. The region was ruled by a local dynasty called the Nayaks. These chieftains were under the suzerainty of the Raja of Chandragiri who in turn, was a representative of the famous Vijayanagar emperor who ruled large parts of South India. Thus, it was Venkatadri Nayak, the ruler of Poonamallee, who, in 1639, granted permission to the British to establish a trading factory that later evolved into Fort St George. Later, the Nawab of Arcot acquired Poonamallee and granted it to the British.

During the British rule, the Poonamallee High Road was one of the two main arterial roads of the city, the other being Mount Road or Anna Salai. Both of them ran parallel to each other. The British modeled both these roads on the famed ‘High Streets’ in several American and European cities. Both these roads were initially designed as broad avenues lined with large trees

At one time, the western gate of Fort St George led to the Poonamallee High Road and thus, this road was a vital link between the Fort and the outlying areas southwest of the city. During those days, the eastern end of the road, close to the Fort, was the most crowded as it housed a large number of public buildings.

According to historians, the location of the General Hospital on this stretch was primarily because neighbouring George Town was considered too congested and unhygienic for housing a large hospital. When the Royapuram Railway Station, built in 1856, was considered too far from the city centre, the railway line was extended further south and the Central Railway Station was built on Poonamallee High Road in 1873. This station is located almost equidistant from Fort St George and George Town, the two most important localities of the city those days.

A building to house the administrative offices of the Railways was erected at the intersection of Poonamallee High Road and Walltax Road in 1922. The Victoria Public Hall (1887) initially conceived as a Town Hall of the city and the Ripon Building (1913) housing the city’s Municipal Corporation are the other important landmarks west of the Central Station. Around the same period, the Ramaswamy Mudaliar Choultry and the Siddique Sarai were built on the other side of the road. Both these buildings were designed to be rest-houses for the travelers using the Railway Station.

Further west, at one time, several villages such as Egmore, Vepery and Purasawalkam flourished to the north and south of the Poonamallee High Road. Gradually, each of these villages merged with the city. In recent decades, several new residential colonies have emerged towards the western end of the road.

Latest Realty News

70,000 apply for 248 CMDA subsidised plots
Jan 13, 2014
CHENNAI: Applicants thronged the CMDA office at Egmore as the last day for registration for CMDA-approved plots came to an end on Monday.
Chennai coastline to get snazzy with govt realty project
Jan 13, 2014
CHENNAI: Foreshore Estate off Marina may turn into a swank esplanade with the state government planning to build 560 high-end apartments on the sea-front.
Sales volume in real estate sector in Chennai declines: Study
Jan 10, 2014
CHENNAI: Sales volume in the real estate sector in the city during the last one year witnessed a 33 per cent decline owing to the impact of global slowdown due to high inflation and negative buyer sentiments, research firm Knight Frank said today.
Housing sales down 33% in Chennai in 2013; prices up 5-7%
Jan 10, 2014
CHENNAI: Sales volume in the real estate sector in the city during the last one year witnessed a 33 per cent decline owing to the impact of global slowdown due to high inflation and negative buyer sentiments, research firm Knight Frank said today.
Ceebros drops prices in premium areas of Chennai
Jan 10, 2014
CHENNAI: In a move that is bound to shake up the realty market in the city, leading builder Ceebros has dropped prices for residential projects in the upmarket Nungambakkam, T Nagar and Poonamallee High Road areas. The disruptive strategy, it says, is only to ensure that it is not saddled with unsold stock at a time when the market is very sluggish.
PE exits in real estate rose by 33% in 2013
Jan 09, 2014
CHENNAI: Private equity (PE) firms focused on the real estate sector made 24 exits during 2013 compared to a total of 18 exits announced during 2012. Ten of these exits with disclosed values harvested $421 million for the investors.
Indian Bank, Indian Overseas Bank launch special drive for home loans
Jan 08, 2014
CHENNAI: In an attempt to target prospective home buyers, public sector lenders -- Indian Bank and Indian Overseas Bank -- are offering home loans at interest rates of 10.20 and 10.25 per cent, respectively.
Realty: Then and now
Jan 04, 2014
CHANNAI: The economic downturn in the year 2013 has had an adverse impact on various sectors and the realty sector has not been insulated by these changes. The year has been one of guarded optimism and the sentiments were rather cautious from both investors and builders.
Owners rent out buildings to commercial units, cheat on tax
Jan 03, 2014
CHENNAI: A growing number of residential properties in the city are being used for commercial purposes to evade high property tax resulting in a huge loss to the city corporation. Any shortfall in collection of property tax, the biggest source of revenue for the corporation, impacts infrastructure schemes directly.
Real Estate Promoters in Chennai,Chennai Real Estate,Real Estate Developers in Chennai
Dec 31, 2013
CHENNAI: The Consumer Disputes Redressal Forum, Chennai (South) has ordered a real estate promoter to refund the amount deducted as cancellation charges from the installment paid by a woman who had booked an apartment in a project mooted by the firm in 2008.

Latest Realty News Of State

Realty Talk's