Even in during economic crisis, Real estate in Chennai has done splendidly well. The southern metro continues to be a stable market for realty when compared to its counterparts as demonstrated vividly by researches and reports over the last five years. Over 10 million sq.ft of space has been utilized by IT SEZs in the last four years and other industries such as automotive, healthcare and retail account for their own significant percentages. Employment rates are at an all time high thereby increasing the percentage of migrant population from every part of the country. Some Real Estate builders in Chennai has made its vital and impressionable contribution to the city’s realty segment. Superior quality homes that are affordable at strategic locations of Chennai are what the builders focus on best.
The apartments for sale in Chennai are emerging by leaps and bounds day after day. But today a large percentage of apartments and homes are exorbitantly priced thereby making them out of reach for a bigger segment of population. Some appreciable builders in Chennai have risen to this unmet demand with creation of modern yet affordable homes at strategic locations in the city. They also embark on every residential and commercial venture after gathering a deep understanding of customer preferences and knowledge on the contemporary trends of the Real estate sector. The focused vision has gone into the construction of contemporary and Eco-friendly homes and apartments in Medavakkam, Perumbakkam and some other regions.
Grande Rio is a project in Medavakkam which is today the hub of commercial activity and in close proximity to the international airport at Tambaram; Grande Rio is a project par excellence. Set to cater to the demands of urban lifestyle, the project promises exponential capital appreciation and exceptional rental gains. Similarly, Perumbakkam is yet another hub of Chennai that is one of the most desired locations of the city in terms of Real estate investment. Vasantham, one of the flats for sale in Perumbakkam has 20 beautiful residential units that are tastefully designed and carefully executed to appeal to customers. Sunday project at Vengaivasal is another stellar residential venture built to provide luxury and comfort.
Such residential ventures have changed the face of Real estate in Chennai. Residents of the city have shifted their location preferences from the Central Business District to suburban markets for want of space and comfort. And the builders of the affordable properties prides in offering nothing but the best, modest at their best indeed.
Affordable flats in Chennai
src: NDTV
- Sumangali Homes
Builders in Chennai
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