As Uday Kumar has highlighted already, South Chennai is one of the largest IT corridors in the continent. Improved social infrastructure like hospitals, schools, etc along with the upcoming mono rail and well planned connectivity has made it the preferred residential location. Consistent water supply and well planned roads and highways make regions like OMR, ECR and Adyar some of the most attractive destinations in the real estate market. Reputable developers like Radiance, Pacifica, Godrej etc have stunning new projects in these regions. One such upcoming project which has stood out is the Radiance Shine project. It is just a 30-min drive from the airport and provides a luxurious retreat right in the heart of the city. The best part is, it is ready to move in!
One of the major reason is that South Chennai has Asia’s biggest IT corridor and other reasons are close proximity to educational institutions, upcoming Mono rail, expansion of roads, well-planned residential layouts and ample water supply
According to sources, most popular localities in South Chennai are Madipakkam, Tambaram, OMR, ECR, Pallikarnai, Thiruvanmiyur, Adyar, Velachery, Medavakkam and other areas around the OMR and GST.
These localities is high in the residential inventory and the sales are quite impressive :)