Q: Guys, do you think this proposed Prozone mall will help the real estate market in and around Saravanampatty Road? Also, if anyone has a clue when this mall might get constructed.
Oh I read in a news article that they are giving it a 3 years time, The project should be completed within these 3 years. That’s a reasonable estimate, I believe.
Saravanampatty has nothing of this sort. Right now the Rate of Investment is pretty average in this area. Just wait and see, how this project helps the locality’s ROI. The social infrastructure is pretty alright, commercial needs to pick up. I hope to see more such projects soon in CBE.
I’ll have to agree on that. I think CBE is doing pretty well with development of good residential projects, good IT parks are also coming up, so projects like Prozone mall will work as finishing touches to these developments.
Why not? CBE is in desperate need of a good commercial infrastructure. I mean what do you do with just houses and IT Parks, a locality’s true value increases only if has mixed development.