Chennai: Top 10 Investment Destinations of 2015
The Indian real estate market has embarked on a turbulent ride ever since the global slowdown of 2012. While one cannot deny the inventory-pile-up across cities, there indeed has been a major overhaul within the sector. This fortunately is tilted more on the positive side. There has been a major consolidation within the sector and more importantly, unlike earlier, today buyers have taken precedence.
More so, prospective buyers are spoilt for choice. There are umpteen property options available in the market. Thus, in order to help the prospective property buyers make an informed decision, CommonFloor.com brings forth a detailed analysis of the Top 10 Investment Destinations in each of the metropolitan city across the country including Bangalore, MMR, NCR, Chennai and Pune.
This report identifies the Top 10 micro markets in Chennai based on various parameters including maximum new launch supply, absorption, price appreciation and high rental yield, among others. This will effectively help a prospective buyer to have an in-depth understanding of the ‘real’ trends in each of the micro markets and, thus, make an informed decision.
As per data, southern Chennai has emerged as a showstopper with maximum markets in the list of top investment destinations. Areas like OMR, Perumbakkam are seeing increased real estate activity owing to demand from the IT/ITeS sectors. This is followed by west Chennai which has top markets like Poonamalle and Porur. Well established markets in central and southern Chennai such as T.Nagar and Tambaram have also seen good price appreciation from H1 2014 to H1 2015.
To get more such real insights of Chennai’s Top 10 Investment Destinations click on