Boom in Chennai real estate sector

Q: Please discuss..

Vivek Kulkarni,

13th August 2013

Real estate News in Chennai

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Replies (2)

A lot of enquiries are coming from builders and investors in the Vandalur-Mudichur stretch after the government announced the bus stand project in April". The rate of appreciation on ORR has been high than on Old Mahabalipuram Road, East Coast Road and the Bangalore highway, which have better social infrastructure.

Javed,

14th August 2013

Comment

The real estate sector is going through a dull phase with people hesitating to invest on apartments or land on the outskirts of the city, but some areas abutting the Outer Ring Road (ORR) have seen good appreciation in recent times..

Supratim,

14th August 2013

Comment

Even adjoining areas like Perungalathur, Mannivakkam, Padappai, Mudichur and Kundrathur have reaped the benefits of this world class road, the first phase of which connects Vandalur and Nazrethpet. This stretch is nearing completion at a cost of 1,081 crore.

Himani,

14th August 2013