Wednesday, 8 January 2014

Flats in Medavakkam pioneers Real Estate development in Chennai

Flats for sale in Medavakkam, Chennai have today emerged as worthy Real estate investments since the capital appreciation offered by them in the long run is expected to be exponentially high. Located in South Chennai, Medavakkam has been observed by Real estate Experts as a destination poised to transform the face of Real estate in Chennai, in the next five years. As a matter of fact, reports released by Realty consultant Knight Frank even brought Medavakkam under the list of 13 most happening regions of the country and this same list also features Ulwe, Wadala and Chembur from Mumbai. The kind or quantum of development has been marked dependent upon certain factors that include creation of jobs, infrastructural progress and changes in lifestyle.

There are specific reasons on why flats for sale in Medavakkam are expected to observe such exponential appreciation and these include

  • Road infrastructure: People today expect wide roads for reasons that include better breathing space, efficient parking space and less traffic congestion. Medavakkam is favored with wide interior roads thereby making them the best destination for setting up Residential and Commercial properties in the city.

    Flats for sale in Medavakkam
  • Efficient connectivity: Medavakkam is one region that is well connected to different parts of the city that include OMR, Tambaram, Pallavaram and Velachery. Interestingly, these are also the areas that enjoy maximum Real estate progress and great infrastructural development with wide ranging amenities. People who work in any of these areas that account for maximum industrial growth can stay at Medavakkam, enjoy great returns and also minimize on travel time considerably.

  • Well equipped with amenities: Real estate investors look for the presence of fundamental and desired amenities before investing in a place of their choice. While location and price are primary factors, amenities such as proximity to workplace, good schools, entertainment hubs and retail establishments also drive preferences towards Real estate growth in any city. Medavakkam in this case is well endowed with all of the above stated facilities and further amenities that drive Real estate choice.

Flats for sale in Medavakkam, Chennai therefore have a number of reasons why they are preferred by both Residential and Commercial Real estate investors. The higher the residential demand gets, the bigger is the impact it makes on other kinds of Real estate progress and other kinds of development a city can be defined by. 


A Model flat in Medavakkam, Chennai
source: 99 acres





- Sumangali Homes
Builders in Chennai


3 comments:

  1. Its a nice information about Real Estate development in Chennai. Thanks for sharing the post. Aura homes provides Builders in Anna Nagar Chennai.

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    Flats in Medavakkam

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  3. Great article with excellent idea! I appreciate your post. Thanks so much and let keep on sharing your stuffs. Flats in Medavakkam, Plots in Medavakkam

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