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Friday, 20 December 2013

Why Are Apartments in Sriperumbudur The Best Places to Invest?

Not too long ago, the Sriperumbudur-Oragadam was a vast stretch of barren land sparsely populated but favorably located on the Chennai-Bangalore Highway. Today, with numerous global class apartments in Sriperumbudur and sprawling villa projects; the area is nowhere close to what it looked like even a few years ago. There are several drivers to such rapid progress and development at Sriperumbudur. For starters, its excellent location served as an attractive element for large global automotive and manufacturing organizations that pioneered their presence in this micro-market. Eventually, lower land costs and proximity to Apartments in Chennai, Bangalore and other important cities instantly made Sriperumbudur a great success with several other manufacturing organizations that also set up shop here.

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With industrialization, grew employment opportunities and with employment came the need to settle down closer to the work place in order to avoid everyday travel. The rising demand for settling down, invited attention from popular real estate giants that constructed affordable, qualitative and eco-friendly spaces for living and working. With so much developments happening in this part of the city, infrastructure had to observe progress and therefore the Government made distinctive plans for enhanced facilities conducive for large scale development. Apartments in Chennai from reputed and successful real estate houses are not just considered for living but also as a means of investment even by the city dwellers. This is primarily due to expected capital appreciation of properties at Sriperumbudur. Similarly, villa projects are also on the increase and together the property status in this industrial belt is promising and lucrative even on rental prospects.

1 comments:

Home Stead Bangalore said...

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