Real estate in Chennai emerges as a lucrative investment destination.
It is largely the end-user segment that drives the Chennai real estate market. However, the scenario has changed over the time. Early investors have also started showcasing their interest in the real estate of Chennai with an intention to rent out the properties or earn more profits by selling out the properties in future.
Presence of several IT giant companies have been instrumental in pulling a good number of white collared professionals from different parts of India and also abroad. This has also raised the demand of new projects in Chennai. The city also hosts some of the most reputed educational institutes and colleges which give brownie point to the city.
Chennai boasts of a robust physical and social infrastructure with number of good hospitals, banks and many more. The city also enjoys a good lifestyle and has ample of options for fun and entertainment purposes. The city hosts several extravagant malls when one can spend a fun filled day with friends and family. Plethora of shopping complexes spoils the shopaholics for choice and restaurants invites a lot of foodies to tickle their taste buds.
Places in Chennai that makes a promising investment destination.
Trunk Road (GST)
Right now, GST Road is one of the busiest highways that connect the city with southern parts of Tamilnadu. The location is considered to be the best destination for IT professionals. houses for sale in chennai The area witnesses not only huge industrial development but also good residential development with a massive number of flats for Sale in Chennai. The GST road appears to be a lucrative location with the growth of industrial, retail and residential sectors.
Velachery
Velachery is a prime residential area in the city of Chennai. The flats in Velachery are not just closer to central business district but also surrounded by modern and high-end facilities. The place is well connected in terms of rail and roadways with the perfect combination of social infrastructure. The location is also the best bed for those looking for rental properties since it holds end number of 2 BHK and 3 BHK Flats in Velachery. The area being surrounded by facilities such as shopping malls, well-reputed hospitals, public schools, colleges, etc. the buyers who purchase apartments for sale in Velachery are considered as smart buyers.
Old Mahabalipuram Road (OMR)/ECR
OMR is the most sought after location for IT professionals and it holds a nick name as IT/ITES corridor of Chennai. list of builders in chennai Being the house for IT companies, healthcare centres and entertainment centres, OMR is a highly focused area next to Velachery by the builders in Velachery. Next come ECR. The panorama of living close to the beach makes ECR, the best destination among the lovers of nature and beach.
Guduvancheri: Guduvancheri is placed in the Southern zone of Chennai and attracts a huge proposition of potential purchasers. With good connectivity, IT companies, development of social infrastructure and many, the cost of properties is affordable than that of the property in Velachery, on the other hand it provides good investment returns
