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Monday, 21 April 2014

Chennai CBD vs Suburbs in Real Estate Business


Luxury flats have gained significant prominence in Chennai, in the past 5 years. Even the world's best Real Estate experts wouldn't have thought of such a great growth in Chennai Real Estate, despite some assumptions. It would be a crime to ignore commercial realty in that chapter. With the city getting wider now and then, by some wonderful initiatives by the Government, Chennai Real Estate looks even more promising due to enormous tracts of land in Chennai. 

The Real Estate growth of Chennai varies with the regions along the Central Business District and the suburbs. With the suburbs slowly gaining popularity, the CBD still hasn't lost it's charm.

Highlights of CBD

Chennai Central Business District

  • Office within reach for working professionals
  • Close to major places of the city
  • Good ROI
  • Best residential facilities
  • City infrastructure
are some of the highlights of CBD.


Suburbs Story

Regarding suburbs, industrial growth is the trump card. The Government support has been great in the form of required facilities, which indirectly favored the Real Estate business. Real Estate builders have well exploited the opportunity and people have begun to prefer land and flats in Chennai suburban locations.

RA Puram, an exception

The biggest plus of suburbs is land availability, which indeed is the biggest minus of CBD. It is quite reasonable, as CBD is almost occupied. It is almost and not 100 %, with some regions firmly supporting Real Estate growth. One of the best examples is RA Puram, with incredible facilities, particularly the much needed vacant land in Chennai.

Highlights of RA Puram

  • RA Puram is the home of residential realty for it's urbanized environment and roads linking with major locations of CBD such as Adyar, Mylapore...etc.
  • The region also has a good connectivity with OMR, the hub of industrial development in Chennnai.
  • RA Puram never lacks in any kind of facility with respect to residential or commercial Real Estate in comparison to any metro city of the country.
  
  • Whatever be the type of home it is, either individual house or apartments, every building has a touch of luxury. A simple house in RA Puram gives a feel of villa in suburbs.
  • ROI is at peak in RA Puram and few acres of land in Chennai RA Puram circle can make an unknown face into a millionaire.




7 comments:

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Gowtham said...

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