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Chennai new option for Investors

Q: Hey can you tell me Is Chennai good option for investment purpose ? Kindly discuss and let me know.

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Replies (2)
1
Hey guys Chennai is considered to be a safer real estate investment than many other cities and investors are slowly showing interest. Chennai still cannot be considered best investment destination but yea surely we can expect a good real estate boom in future.
Uday kumar


2
Hello Srinivas: Heard that the fact that rental yield in the city has been increasing consistently also acts as an additional impetus to those buying a second home. Second home buyers are also increasing in Chennai.
Komathi


Which places would be better in Chennai for rental investment purpose ?
Sundar,  Chennai
17th May 2014


@Sundar: As far as I know the rental returns are the highest in locations that are invested normally by the second home buyers, such as OMR and Shollinganallur.
Komathi,  Chennai
17th May 2014


3

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