If you are planning to buy a property in Chennai or you are looking for investment then Porur can be a good option, even builder floors are quite cheaper in this locality.
The locality has seen an impressive growth of 14% in rental values of properties in the Jan-Mar 2016 quarter. The reason could be the increasing employment opportunities pushing the demand for rental properties
I feel the rental value is gaining momentum because of the social and physical infrastructure and ready to move in residential options make it an ideal destination for rental accommodation. You can find schools, hospitals, banks, day to day convenience stores in this locality.
Hi..prices will surely increase. The current price of apartments in Porur is around Rs 4500 per sq ft to Rs 6000 per sq ft. And rent of 2 bhk apartment varies between Rs 8000 to Rs 10000 per month. I hope you will now definitely invest in Porur.
Thanx all...I am new to chennai..can you tell me what is the status of property prices in Porur. Will it increase in near future..?? Ans yes tell me about rental too.
What else you need...builders are launching new projects..the area offers good connectivity..and moreover three IT parks are also coming up in this area.
HI Subramanya...you don't have to think here..you can invest blindly here. Porur is one of the fastest growing suburbs of Chennai. It is emerging as a major realty destination along western region.