Apartments in Medavakkam are making quick progress. Every arterial road of Chennai has been contributing to the real estate development the city has been making in the last decade or two. As OMR and ECR occupy their share of progress in the city’s realty; Medavakkam is not too far behind. A report published by realty consultant Knight Frank has shown
"Medavakkam that is a part of South India will do better than most other residential hubs of Chennai in the next five years"Medavakkam belongs to the 13 most happening places in India, a coveted list that also names the significant areas of Mumbai.
8 out of 13 search Images represent the Residential properties in Medavakkam for the keyword
"Medavakkam Chennai"
So, why is Medavakkam emerging as a significant Real Estate destination?
- Medavakkam is an emerging location and hence relatively nominally priced when compared to most other regions of Chennai.
- Existing infrastructure in Medavakkam like roads is strong but the city here is gearing up for the future projects as well. Further, the region is close to other vital areas like OMR, Velachery, Tambaram and Pallavaram.
- Proximity to hubs of importance such as IT parks, hospitals, schools, recreation centers and commercial establishments.
Investors who have invested or about to invest in Residential properties of Medavakkam have taken a wise decision of doing so. While the city’s Central Business District is inevitably and indispensably the highest in terms of offering return on investment, Medavakkam investors can observe exponential capital appreciation in the long run since the quantum of progress the region is making is tremendous. As infrastructure develops and commercialization gets in at full swing, residential realty is proving its mettle as well.
An Excited woman on Buying an Apartment in Medavakkam
- SUMANGALI HOMES
Builders in Medavakkam
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