Thursday 8 August 2013

Is Medavakkam the location of impending Real estate boom?

Several reports and the most recent from realty consultant Knight Frank have shown that Medavakkam will emerge as one of the 15 most happening regions across India to observe exponential real estate appreciation. Medavakkam is located in southern Chennai and is in close proximity to the city’s most important destinations. Premium builders in Chennai have ventured into this territory for creating modern living spaces that conform to customer demands and requirements. In the next half decade, Medavakkam is expected to outperform all other hubs of Tamil Nadu since real estate appreciation is anticipated to cross 90 percent.
builders in Medavakkam
Builders in Medavakkam
Why Medavakkam
Several builders in Medavakkam are creating state-of-the-art residential and commercial spaces here to gear up for the proposed boom. Several factors such as job creation, lifestyle changes and infrastructure development have attributed to the status that Medavakkam is currently enjoying and is expected to in the near future. Some of the distinct advantages this region enjoys include wide roads, connectivity to other important destinations of Chennai such as OMR, Tambaram, Pallavaram and Velachery, IT parks and international schools. Easy and quick access to entertainment facilities and commercial spaces also make Medavakkam a comfortable haven for living and working. 
Author Name : Daisy Peter