why buyers are selecting user friendly localities in Chennai?

Q: User friendly localities in Chennai for investment. Anna Nagarm Oragadam, Perungudi & Nugambakkam are showing certain interest among end-user and investors.

Abhineshwaran, Chennai

23rd March 2015

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Replies (4)

What are the top localities in terms of consumer preference in Chennai residential market?

Harish, Chennai

7th September 2015

Comment

As per my observation few localities that i would like to suggest for end user are as follows:
1. Velachery
2. Porur
3. Adyar
4. Anna nagar
5. Triuvanmiyur

Rangaraju, Chennai

7th September 2015

Velachery is the most preferred residential option among buyers across Chennai.Velachery is located in South Chennai and is close to IIT Madras. There are multiple factors that soar high on popularity and also it is user friendly destination for those who are working near about this location.

Sudeep Savanth, Chennai

7th September 2015

Comment

Hi Sudeep, Absolutely agree!!
Being a resident of this locality I would like to say that Velachery is a very good location to live as it is well-connected to all significant parts of the city such as Pallavaram, Tambaram, Thiruvamyur, Madipakkam, Guindy, Medavakkam and Thoraipakkam. My wife who is working in Madipakkam has ample transport options such as local buses and autos running at frequent intervals. Velachery is also provide lots of options like hospitals, ATMs, banks and shopping malls.

Hemanth, Chennai

7th September 2015

Due to social or physical infrastructure, connectivity or open spaces, Velachery properties match the needs of buyers. Apart from infrastructure, Velachery is preferred by buyers due to its proximity to the IT hubs situated along the Old Mahabalipuram Road.

Gaurav, Chennai

7th September 2015

Hi,

Development of social infrastructure like schools and colleges, hospitals and nursing homes, supermarkets and grocery stores, places of worship, recreation hubs and restaurants sealed the recognition of Anna Nagar as a residential hotspot. these days Anna Nagar incorporates a healthy mixture of flats (60%) and bungalows (34%).

Sameer Pawadia, Chennai

23rd March 2015

Comment

Hi,
According to me, with Chennai slowly changing into a lot of cosmopolitan, NRIs, HNIs, CEOs and different upscale people area unit progressively craving for luxurious homes that double up as standing symbols. Once it involves shopping for Chennai property Anna Nagar is one in every of the highest areas on their minds these days.

Srinivas , Chennai

24th March 2015

Hi,

While Anna Nagar (E) is a longtime residential neighborhood, the western half is quick catching up. comparatively lower land price in Anna Nagar (W) and a healthy provide of recent properties has led to the present neighborhood catching up within the residential market.

Most properties within the japanese facet are moving into for re-development and also the new most well-liked properties are flats for the convenience they lend. so, whereas the east is certain re-development, Anna Nagar (W) encompasses a affordable provide of recent properties. Average costs are within the vary of Rs 8,000/sq-ft to 11,000/sq-ft

Priya Sharma, Chennai

25th March 2015

Hi Guys,

If you are thinking of investing in Oragadam, the neighborhood has shed its identity of a fringe location. whereas Oragadam was famous for its little industries and enormous provide of plots, sources say the skyline has tuned to a different type of life style. Oragadam was an industrial and producing growth passageway. With time, came automobile and IT giants (Ashok Leyland, Toyota, Renault Nissan, Moser Baer et al..) resulting in a healthy demand for housing .

Raghav TK, Chennai

26th March 2015

Hi,
In my point of view, inter-connectivity is an extra boost for tiny investors and businessmen from Kanchipuram, Madurai and alternative components of Chennai. Proximity to the Chennai-Bengaluru road further as NH-45 offers an extra reason for its quality. Realtors feel that increased rail connectivity, widening of SH-57, forthcoming logistics park and dedicated job markets could push up the property .

Kushal, Chennai

27th March 2015

Hi Abhineshwaran,

As per my opinion, Perungudi might need scaled a slot or 2 considering that basic amenities have gotten a facelift. “With nearly 80 % of sewerage association completed, even water connections can begin before long, giving a lift to the real estate of the world.

Alex Stephen, Chennai

28th March 2015

Hi Abhineshwaran ,

Sources means that civic authorities have realized the necessity to own wider roads and flyovers. Therefore, additionally to the Valluvar Kottam and Kodambakkam High Road, Annai Nagar in Perungudi is additionally expected to urge wider roads. and alternative infrastructure. Development has crystal rectifier to Perungudi that includes within the prime most popular areas for rental accommodations. Average values are within the vary of Rs 5,500/sq-ft -7,000/sq-ft.

Komathi, Chennai

29th March 2015

Hi Guys,

As per my knowledge, Nungambakkam's popularity is within the incontrovertible fact that it's strategically situated near T Nagar, Mount Road, Kodambakkam and therefore the likes. NRI having roots in urban center is usually fascinated by having a property of his own within the town. Therefore, for many NRI's Nungambakkam could be a hotspot. Besides basic amenities, this area boasts well settled of customers. The area is additionally near a number of the distinguished faculties like colleges if you're an capitalist/investor, there's sizeable rental returns. There area unit parks for seniors and youngsters in addition.

Venu Gopal, Chennai

30th March 2015

Hi Abhineshwaran,

If you're going to invest your money in Chennai, there are sure areas you'll notice your interest in. The typical capital values showed a healthy rise in areas like Oragadam, Anna Nagar West, Perungudi and Nungambakkam. The increase recorded is over 10% . It is attention-grabbing to notice that a number of Chennais healthy land markets represent each established localities additionally as the ones that were once thought of no over outer boundary. With a rise in commerce, investment by firms, additionally as patrons, town appears able to absorb the demand of latest buyers.

Venu Gopal, Chennai

23rd March 2015

Comment

@ Abhineshwaran,
Anna Nagar is one in every of the distinguished localities in Chennai . The value trends on Anna Nagar are witnessing numerous ups and downs. The area isn't witnessing correct demand and provide state of affairs at the moment. tho' its proximity to varied prime localities adds to the advantage of being a distinguished neighbourhood and therefore the rates of the property would possibly catch up before long.

Kushal, Chennai

23rd March 2015

Hi Guys,

According to me, Shanthi Colony, the illustrious community close to Anna Nagar currently options premium living accommodations complexes with Flats close to Anna Nagar covering the demand for residential units altogether sectors. This neighbourhood is currently busy with business and residential units flourishing each square inch. The tremendous growth of Anna nagar Nagar neighbourhood has benefitted its neighboring areas to an oversized extend that has witnessed each business and residential growth to out of the question extents.

Raghav TK, Chennai

23rd March 2015