Demand for Affordable luxury enclaves rises in Chennai

Q: Hey guys heard that Chennai offers a good mix of luxury projects which suit the budget requirements. Kindly share some information.

Srinivas , Chennai

6th December 2013

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Replies (2)

Hey guys homes for Rs 5 crore and above for newly constructed property, the ECR offers plenty of options to choose from. Facilities such as covered parking or the choice of two parking per apartment and spacious bathrooms in each of the bedrooms, and also fully furnished homes with mood lighting scintillate one’s senses.

Joydeep D,

9th December 2013

Comment

Adyar and R A Puram is good choice. As due to high demand and limited supply, prices for villas begin at Rs 5 crore and go as high as Rs 10 crore and beyond. And for 4, 5 and 6BHK homes on offer that have an area of 3,000-6,000 sq ft.

Balwinder Singh,

9th December 2013

@Balwinder : I heard that Multi-storey buildings offer apartments are also coming up at these locations. The properties offer facilities which a luxury home should provide and are priced generally in the range of Rs 2-3 crore.

Joydeep D,

9th December 2013

A home worth a crore is a luxury while others are willing to spend as much as Rs 5 crore to get their dream home. Even I heard that Chennai offers a good mix of luxury projects which suit the budget requirements of a wide and active customer base.

Vivek Kulkarni,

9th December 2013

Comment

I think Thiruvanmiyur seems to be a good . As the location has a healthy supply of multi-storey apartments in the range of Rs 1.5-2 crore with nearly 4 out of every 10 luxury properties within this budget.

Balwinder Singh,

9th December 2013

Also another location that offers projects in the range of Rs 1.5-2 crore is Anna Nagar. This location also has a good supply of apartments in this range.

Mritunjoy Deb,

9th December 2013