TOP DESTINATION TO INVEST IN CHENNAI

Q: Hi any one please suggest that which is the most promising area in Chennai to invest?

Javed, Chennai

5th December 2014

Investment Advice in Chennai

investment in chennai

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Avadi Situated towards the north of Chennai, in Tiruvallur district, Avadi is a suburb witnessing significant residential growth. Good connectivity via well-laid rail and road network along with affordable residential prices has turned this area into a preferred residential destination.

Sundar, Chennai

8th December 2014

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Poonamallee Situated in West Chennai, Poonamallee is another area climbing the realty growth ladder. The area recorded over 650 new units in the third quarter. Robust connectivity coupled with proximity to IT hubs have led to this realty growth. Additionally, spill-over demand from neighbouring Anna Nagar and Porur, where property values have risen significantly, has also enhanced the realty prospects of Poonamallee.

Sundar, Chennai

7th December 2014

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Pallavaram Considered one of the oldest inhabited towns in South India, Pallavaram in South Chennai is an area where historical edifices of the Pallava dynasty consort with modern-day townships. Strategically located on GST Road, realty market here is displaying robust growth.

Sundar, Chennai

6th December 2014

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In Poonamallee Manju Groups, Suprabhath Constructions are the few developers to launch the projects in current market with price range of Rs 3,500-4,200 per sq. ft. and In avdi the price range for the projects varied from Rs 2,500-3,500 per sq. ft. Active developers in this area Mahindra Lifespace Developers Ltd, Propshell Business Solutions Pvt Ltd.

Uday kumar, Chennai

5th December 2014

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Pallavaram had maximum number of new supply.Major developer in this area are Alliance Infrastructure Projects Pvt Ltd, Mantri Developers, Vishwakarma Properties. These were launched in the price range of Rs 4,300-5,200 per sq. ft. This growth can be attributed to its well-built connectivity. Though located 17km away from the heart of Chennai, Pallavaram boasts of swift connectivity to the airport and to the major IT hubs of Thoraipakkam and Shollinganallur.

Uday kumar, Chennai

5th December 2014

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Hi Javed,

As per my knowledge Chennai has been experiencing healthy demand for housing since past few years, and especially for affordable housing.in current market top three destination that i think it will give best option for investment in residential real estate is Pallavaram, Poonamallee, and Avadi.

Sundar, Chennai

5th December 2014

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