Top three localities to invest in Chennai for quicker ROI
The real estate market is a dynamic one that must be navigated through real-time investments in projects that have lots of potentials. Chennai, Tamil Nadu’s glorious capital, has witnessed an increase in investments all over the city. Even when the rest of the nation saw a decline, investments doubled and tripled in Chennai, for multiple reasons. Apart from an exemplary quality of life and infrastructure, Chennai offers a well-knit community that is more than safe for its residents. There are many localities where one might invest, to have a higher and quicker Return on Investment, without fail. Here’s a list of the top three localities to invest in Chennai:-
Thoraipakkam
Fondly known as Okkiyam Thuraipakkam or Oggi Madurai Pakkam, Thoraipakkam offers a higher standard of living. Thoraipakkam is located on the eastern banks of the incredibly famous Pallikaranai marsh, and is, therefore, actually situated beside a natural ecosystem. The marsh is one of the very few remaining natural ecosystems in Chennai, but that is also incredibly important, simply because of the ecological value it holds for Thoraipakkam. One of the best parts about the locality is that it’s very well-connected to the rest of Chennai. The area is one of many stops on the IT Expressway, has a flyover that connects it to the nearest airport, and consists of the Thoraipakkam Pallavaram Radial road that plays a huge role in connecting it with Southern Chennai. The area is an excellent commercial hub because of the plethora of IT companies that have established their roots in Thoraipakkam, paving the way for Chennai’s version of Silicon Valley. The locality serves to be the perfect residential hub, with an abundance of government-run or privately-owned schools and colleges.
East Coast Road
ECR is undoubtedly one of the best localities to invest in when it comes to places in Chennai that can sweep you off your feet. Located along the Bay of Bengal coast, ECR offers an ethereal charm that is unparalleled. Imagine the perfect combination of breathtaking views of the majestic Bay of Bengal, employment opportunities as far as the eye can see, and a commercial hub second to none- that’s what it’s like to invest in ECR, Chennai. ECR offers a multi-faceted approach to residential life, which is evident in the sheer number of shopping malls, hotels, entertainment and recreational centers, hospitals with state-of-the-art facilities, restaurants, and most of all, educational institutes. The reason why ECR has witnessed a boom in popularity is because of its reliable connectivity to the rest of Chennai, giving it the right edge to be one of the most profitable localities in terms of investment opportunities.
Kelambakkam
While most metropolitan cities are riddled with crowds and an overwhelming amalgamation of noises, Kalembakkam is peaceful and somber in its approach. The rustic charm of the locality is bound to reel many people in. The peace in Kelambakkam isn’t hampered even by the existence of multiple IT parks both within and near its vicinity. Siruseri IT Park and SIPCOT IT Park(Asia’s largest) are very close to Kelambakkam. No wonder it’s one of the best places for property investors, IT professionals, and those looking to raise a family. All residential, recreational and medical facilities are at a stone’s throw from any area within Kelambakkam. In addition to that, the famous Covelong Beach and a long list of tourist destinations, such as the revered Thiruporur Murugan Temple, Malleeswarar temple, one of the biggest mosques in Old Mahabalipuram Road, St. Mary Church, Sai Baba Temple, Thiruvidanthai Nithya Kalyana Perumal temple and so on. Kelambakkam is well connected with other major localities in Chennai, such as East Coast Road, Pudupakkam, Grand South Trunk, as well as Old Mahabalipuram Road.
The Nest Builders recognized these investment opportunities long back, through vision and foresight. Active decision making led to three upcoming projects, one in each of the localities mentioned above. The Nest Builders have always believed in the power of real estate to create a better life for people and improve the urban experience. There’s an increasing demand for successful investment projects and opportunities in Chennai, and the Nest Builders aim to satisfy their clientele by providing an unrivalled service of the same. Each of the aforementioned upcoming projects is filled with opportunities and the potential to churn in high ROI, thus fulfilling the Nest Builders and countless investors’ dreams.