If you own a land for sale in Chennai or a couple of them, you are perhaps sitting on millions of dollars. Chennai is the destination of real estate boom. Unlike other metropolitan cities of India, Chennai never really faced a slump in real estate demand and the prices of properties are also sky-rocketing. While the Central Business District of the city has become literally unreachable for the middle and upper middle class sections of the society, the suburban markets that were once categorized as remote agricultural lands are slowly getting there. Different pockets of Chennai fetch different real estate prices. However, they are all growing and at a pace that cannot get any more rapid.
Places in Chennai synonymous with Real Estate Boom
Sriperumbudur: About 40 kms away from Chennai, Sriperumbudur is located on the Chennai-Bangalore Highway.
ECR: This location of Chennai has it all going for itself. Scenic location, abundance of commercial activity, high quality of living options, modern recreation facilities, coastal beauty, business class hotels and restaurants and one of the major reasons the region developed.
GST Road: Grand Southern Trunk Road or GST Road is the arterial road connecting Chennai to the southern Tamil Nadu. Commencing at the very busy Kathipara Junction.
Investment in Land in Chennai
Chennai’s growth scenario is thus rapid but consistent in terms of location growth. Quick infrastructural development and the progress of the city’s most prestigious project, The Metro have all contributed to the colossal real estate development Chennai is moving into.
Places in Chennai synonymous with Real Estate Boom
ECR: This location of Chennai has it all going for itself. Scenic location, abundance of commercial activity, high quality of living options, modern recreation facilities, coastal beauty, business class hotels and restaurants and one of the major reasons the region developed.
GST Road: Grand Southern Trunk Road or GST Road is the arterial road connecting Chennai to the southern Tamil Nadu. Commencing at the very busy Kathipara Junction.
Investment in Land in Chennai
Chennai’s growth scenario is thus rapid but consistent in terms of location growth. Quick infrastructural development and the progress of the city’s most prestigious project, The Metro have all contributed to the colossal real estate development Chennai is moving into.
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