Rental Market in Chennai: Navalur

Q: Will Navalur @ OMR offers highest appreciation in terms of rental returns in Chennai market?

sharath, Chennai

16th April 2015

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It is developing rapidly as far as framework and is popular between IT specialists utilized in the adjoining IT Park set in Siruseri. According to the measurements, 10 new ventures are booked to happen in the region, greatest of them giving 2 and 3BHK lofts to deal in Navalur. A considerable measure of undertakings are slated to get possession by not long from now 2015 though the staying by 2016.

Rama Naidu, Chennai

19th April 2015

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Navalur, Thoraipakkam and Sholinganallur have a decent destination for individuals hunting down residential settlement. For buyers, who are excited about getting solid month to month yields, these areas are truly worth investigating.

Tilak, Chennai

19th April 2015

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Chennai’s forthcoming residential localities including Navalur, Thoraipakkam and Sholinganallur is the worth consideration, if any one searching for areas to invest in.Navalur with 4.27% has taken the maximum incomes followed by Thoraipakkam and Sholinganallur with 2.8-3.4%. Therefore these localities are the best places to buy properties in Chennai to earn more appreciations.

Rama Naidu, Chennai

18th April 2015

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Right now property costs in Navallur range from Rs 20 lakh to Rs 1.5 crore while rental qualities change from Rs 10,000-45,000 every month. The territory is growing quickly as far as framework. Couple of shopping centers and schools are heading up in the region while shops, foodstuffs as of now exist.

Ramana Vignesh, Chennai

17th April 2015

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Other IT Parks incorporate ETA Ascon-ETA Tech Park, AlphaCity, grew by a Chennai-based land engineer is a grounds committed to, and custom-manufactured for the IT and ITES industry and Pacifica Techpark. Significant IT organizations, for example, Hexaware, Cognizant Technology Solutions, TCS, Polaris Software Labs, IBM, HCL Technologies Ltd., among others have their workplaces in these IT Parks.

Vatsa Suman, Pune

16th April 2015

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Hi I know most of the member know about the location advantages but i want to say some initial information about navalur , Deliberately settled in the middle of Siruseri and Sholinganallur, the realty business sector is totally determined by its closeness to these IT organizations. Additionally, the overflow request from regions, for example, Sholinganallur and Perungudi has worked for Navallur.

Kushal, Chennai

16th April 2015

It is sufficiently far from IT Parks to evade the hurrying around of the corporate, yet sufficiently close to drive inside 10 minutes and get to workplaces. Street integration is great

Sameer Pawadia, Chennai

16th April 2015

A great part of the interest both for renting and purchasing flats originates from the IT sector. SIPCOT IT Park, the biggest Information Technology Park in Asia, situated in Padur, Siruseri, is only 4 km from Navallur, while the ELCOT SEZ situated in Sholinganallur is arranged 10 km from the region.

Vatsa Suman, Pune

16th April 2015

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According to latest survey, the Navalur has seen a normal capital appreciation in the most recent six months. In the Oct-Dec 2014 quarter, property costs expanded by 2 % while in Jan-Mar 2015 quarter, it ascended by 8 %. It additionally happens to be the area offering one of the most noteworthy rental returns in the city. In the Oct-Dec 2014 quarter, the region recorded 4.27% rental returns while in Jan-Mar 2015 quarter it timed 4.02 % rental yield, i.e. yearly rental return against the property cost.

Venu Gopal, Chennai

16th April 2015

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