The following link explains the rental per sq ft. per month for apartments: https://docs.google.com/spreadsheets/d/1KNxYlStEfU0pgR0McfjtZW9myNTWivxdzPtZ2GpTMP8/pub?single=true&gid=0&output=html
I agree with you Venu Gopal, Chennai has shown a really evident uptrend in the real estate market. To add to the areas you just mentioned, even Chengelpet ad Jeyachandran Nagar are good areas for investment. They have projects by Mahindra ad Hallmark.
The following link explains the rental per sq ft. per month for apartments: https://docs.google.com/spreadsheets/d/1KNxYlStEfU0pgR0McfjtZW9myNTWivxdzPtZ2GpTMP8/pub?single=true&gid=0&output=html
Chennai has seen an up ward trend in the rental values, especially in the areas such as Guduvancheri and Porur, due to the presence of MNCs and IT companies.
I heard you get more returns compared to FD's as in case of Mahindra World City My friend told me his EMi is 18000 and rentals are 10000..this was the super..even I am planning to invest there..any thoughts.. Do you know about any new projects worth invest?