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Thursday, 28 November 2013

Why is Villa in Chennai so endearing to the city’s Population?


Investing in a villa in Chennai has caught up and is emerging as a big trend. Villa properties do not just give exceptional returns on investment but are also aesthetically appealing. Built on large expanse of land unlike even independent homes in the city; villas are spacious, opulent and appreciate tremendously. Villa projects began on OMR/ECR road and today this region is abundant with villa properties that are contemporary and alluring. Moreover, the quantum of landscaping and eco-friendly nature is also on the high with such properties. Villas are constructed following a specific architectural pattern such as Spanish, French, Californian styles to improve appearance and values.

Villas in Chennai



Suburban Market vs. CBD

Land in Chennai especially in the Central Business District region is declining with such regions becoming more and more crowded. Therefore, real estate builders and investors are shifting to suburban markets and arterial roads of the city where neither space nor cost pose a big problem. People who invest in villas look at the properties for two reasons – one the project is considered a symbol of modern lifestyle and two because these are people who seek breathing spaces and appreciate value for money invested.

Whatever be the reason, modern investors are today considering villa projects significantly and this is evident from the number of villas that are sprouting in different parts of Chennai today. What started as a trend in OMR and ECR has fast reached Sriperumbudur, Poonamallee, GST Road, Medavakkam and other parts of Chennai where land is not a problem.

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