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.
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.
@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.