Some Real Estate builders have firmly made their presence among public with television and internet advertisements, and even providing sponsorship for TV programs. This presentation brings you such top ten builders in Chennai.
Thursday 28 August 2014
Saturday 23 August 2014
Top 10 Reasons "Why you Can't sell your Flat"
- Overpriced
- Over personalized
- Recently purchased
- Flexibility
- Floor plan
- TLC
- Odour
- Temperature
- Location
are some top reasons that hinders the sale of your flat.
Thursday 14 August 2014
Sumangali' Flats in Medavakkam, Perumbakkam & Vengaivasal, Chennai
Profound understanding of public needs, extensive research in the Real Estate market and comprehensive knowledge of the city has helped Sumangali Homes, the builders in Chennai to create properties that would exceed customer expectations.
Wednesday 6 August 2014
How has Perumbakkam evolved over the last decade in Chennai?
Real estate in Chennai represents a big market in India. Commercial, Residential and Retail Real Estate have been burgeoning and Chennai is ranked top on the list of Real Estate destinations demonstrating great potential today and tomorrow. While many regions in Chennai are progressing rapidly, Perumbakkam seem to outdo the performance of other properties in other regions. Connectivity, affordability, proximity and ROI are the main drivers of Real Estate growth and demand of the flats for sale in Perumbakkam. Each of these factors play an important role in driving progress of Real Estate market in Chennai.
Evolution of Perumbakkam
Perumbakkam has in the recent years seen an upsurge in the number of residential projects, particularly flats. But this was not the case even a decade ago. Vast expanses of agricultural land lined Perumbakkam and the nearby regions. The region was dotted with sparse civilization and little or no sign of development. But today, this is the same region that promises exceptional returns on your Real Estate investment. Flats for sale in Perumbakkam, today are hot properties that attract investor attention from not just the residents and occupants of the city but also by NRI population and expatriates. Perumbakkam’s proximity to SEZ and the IT corridor is perhaps the biggest reasons for the region to enjoy the Real Estate status it is enjoying today.
Rentals in Perumbakkam vs. OMR
Rental demands have always been high in the OMR belt owing to the rapid demand for housing. With increased demands, rentals have also dramatically catapulted to new highs. While many professionals resort to OMR region for residing, there is a greater number of IT and manufacturing professionals that prefer Perumbakkam, Medavakkam, Vengaivasal....etc, that do not compromise on proximity but are relatively more affordable than OMR. So, while they enjoy the benefits of proximity, they don’t really pay exorbitant rentals.
Properties in OMR
Purchase of Properties in Perumbakkam vs. OMR
Flats in Perumbakkam are not just ideal as rental properties but also are perfect for purchase. Buying a property in the OMR may be near impossible for many buyers. However Perumbakkam can offer nearly the same amenities and advantages at much lesser property purchase costs. Hence, the flats for sale in Perumbakkam enjoy more demand and requirements amongst the Real Estate investing community in Chennai.
Thursday 31 July 2014
Luxury Flats Largely Preferred Post Retirement in Chennai
Real Estate in Chennai is a dynamic scenario with even the smallest of changes causing major impact but change has nevertheless been the nature of the game especially in this South Indian city. Chennai has undergone gradual and rapid transformations in the last couple of decades. From being a primarily conservative Real Estate market to a liberal one, Chennai has seen landscapes rising and falling over the years. Even a few years ago, Chennai represented a highly affordable market but today many regions in this metropolitan city are inaccessible by the middle and upper middle income groups of people. Such is the magnitude of developments the city has witnessed in a very short span of time.
Changing Real Estate Landscape of Chennai
Having said that, Chennai also has its fair share of developing suburbs that are relatively affordable today but assure great returns in the years to come. While Chennai is expanding to encompass newer regions and suburban markets, the nature of residential properties here are no exception to the change. They are varied themselves and changing with the dynamic requirements of Real Estate investors and buyers. A number of builders in the city are today making relatively customized properties for the rich and elite who expect to see western influences and sophistication in their properties. The city that once housed a large share of independent homes is today inundated by modern apartments and high rises. Real Estate scenario in Chennai is today largely characterized by premium flats in every part of the city.
Preference of Flats post Retirement
While there can be many reasons that contribute to the preference of flats, a good reason for builders constructing these marvels come from the fact that the rich and elite of Chennai prefer to retire in posh flats that come with all urban amenities, safety and comfortable living during their retirement days. This is a prominent trend observed today. This community of investors have been selling their independent homes and moving to luxury flats that promise them a community living with safety, luxury and support.
Video Courtesy: NDTV
Luxury was earlier associated only with certain regions in the city that included Adyar, RA Puram, Mylapore, Besant Nagar and Boat Club Road. Today, this perception is a little shaken as even suburban localities like OMR, ECR, Tambaram and Medavakkam are arriving with their fair share of luxury properties. Chennai is thus expanding in all dimensions.
Tuesday 29 July 2014
A Glimpse of the latest Real Estate Destination in Chennai - Vengaivasal
Suddenly, the apartments in Vengaivasal are in great demand today. Located at just 30 kms from the Central Business District (CBD) of Chennai, Vengaivasal is today witnessing major Real Estate developments in Chennai. The region may be currently home to only a few hundred thousand residents but is gearing towards major developments in the years to come. Several premium builders of Chennai have launched a number of residential projects in Vengaivasal. And today, prices of residential apartments and other properties here are a lot more affordable when compared to many other parts of Chennai. However, the same cannot be said in the next couple of years.
Vengaivasal - What you need to know?
Vengaivasal located near Medavakkam is no longer a distant suburb lacking urbanization. It is a small and beautiful region located in the southern suburbs of Chennai city. It is today a developing suburb but one that shows immense potential to grow into a thriving residential locality.
Connectivity
Vengaivasal is well connected to many of Chennai’s prime destinations like Medavakkam, Kovilambakkam, Tambaram and Sithalapakkam. The growth observed in these areas has directly reflected on Vengaivasal that is today growing at a big rate. The suburb railway station at Tambaram is just 8 kms from the region. It is also connected to the Vengaivasal Bus Terminus. Central Railway Station and Chennai’s International Airport are all in the vicinity and enable quick and easy access to destinations within and outside Chennai. Connectivity to workplaces is also the best from Vengaivasal. All important commercial hubs of Chennai like the IT corridor at OMR, SEZ in Tambaram and other industries are well connected to Vengaivasal. Hence, people working in these places find Vengaivasal to be one of the ideal places to live in.
Property Values
One of the most important benefits in Vengaivasal is that although the area is receiving much attention and focus from Real Estate investors and industry experts, the region still enjoys the benefits of low property values and rental income, with the Sunday apartments in Vengaivasal earning special mention.
Chennai has emerged as a city where investing in Real Estate property is challenging for middle income groups of people. This is when areas like Vengaivasal can offer abundant opportunities to develop and grow.
Friday 25 July 2014
The Current Best Real Estate Investments in Chennai
Chennai enjoys a special place when it comes to Real Estate. But since, every positive has some bit of negative shade in it; it is better to be aware and ignore the negative. So here we go, the best places of Chennai with positive attributes for Real Estate investment.
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