Realty Investment in Chennai

Q: What is the outlook of Chennai real estate market ? Kindly discuss on this topic.

Pavan kumar, Chennai

30th December 2013

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Replies (3)

I've a funds of Rs 80 lakh and need to buy an apartment in a township project, where must I invest - Old Mahabalipuram Road (OMR) or Anna Nagar?

Pavan kumar, Chennai

28th December 2015

Comment

Hi, I think township living is neighborhood living within a greater, higher-utilised land area, having facilities and amenities that make it self-contained or self-sufficient. An integrated township project includes of residential plots, row house, villas as well as low-upward thrust and high-rise apartments.

Ravi Kumar, Chennai

28th December 2015

Chennai is rising in terms of demand for the township projects. The city's housing sector has evolved and moved from unbiased residences and flats to gated communities and built-in townships. Township living has become a very desirable concept in Chennai at present.

Anoop K, Chennai

28th December 2015

Yes Anoop,
Anna Nagar was the primary locality to have township projects throughout Chennai. Considered some of the prime residential localities, the area is well founded with renowned schools, malls, markets and institutes. The western style built road makes the locality completely advanced.

Sreeshayam, Chennai

28th December 2015

OMR Popularly identified to be the IT corridor of Chennai, the OMR is the location for techies to reside. Homebuyers don't forget the locality because of its strategic area and social infrastructure. Gigantic IT manufacturers like HCL applied sciences, Tata Consultancy offerings, Bahwan, CyberTek workforce, Accenture India, TECCI Park, Wipro technologies and high-quality connectivity supplied through the Metropolitan Transport organization makes it a main place for the purchasers.

Ravi Kumar, Chennai

28th December 2015

The city has a major port, an international airport, excellent rail and road network that connects very well within the city and across all corners of India. Also It is one of the best educational centres in India, both at the school and university levels.

Vasanth,

30th December 2013

Comment

Yes Vasanth, also It has a rich tourism and IT industry and is also one of the top automobile manufacturing centres in Asia. It is the headquarters of the South Indian cinema.

Veena K,

30th December 2013

Is it good time for investments now ?? I was wondering about to do investment in Chennai.

Joydeep D,

30th December 2013

@Joydeep: Yes it is good time to do investments also many good projects are coming up.

Veena K,

30th December 2013

Hey Pavan, Some facilities may not be available uniformly across the city and hence on a micro level demand on such regions fall, compared to other parts of the same city where the satisfactory index scores would be higher.

Veena K,

30th December 2013

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