Real Estate experts vote South Chennai as the hot and best destinations of investment on Real estate in Chennai. Flats for sale in Chennai are good investment choices while they observe more demand in certain parts of the city than other locations. South Chennai as studies show is a good place for property investment because there is substantial infrastructural development and abundant commercial and retail activities that cater to urban living. GST Road, Tambaram, Medavakkam, Perumbakkam and OMR make hotbeds for Real estate investment. There are ace and premium Real estate projects in south Chennai that observe rapid bookings as soon as they are launched. Among them, Perumbakkam is a fine location that includes high and low priced flats surrounded by modern commercial centers, malls, luxurious restaurants and recreation complexes.
The Real Estate Scenario in Chennai
Real estate in Chennai shares space with those of Bangalore, Delhi and Mumbai to occupy the top investment choices when it comes to realty hot choices of the Asia-Pacific region. Although, a general economic recession poses challenges and risks in the Indian realty market, heavy interests on high returns is
Courtesy: Bloomberg TV India
one of the primary reasons why demand for housing is not meeting its saturation in Chennai. There are specific locations in the city that are consistently observing high demand and increasing prices. Flats for sale in Perumbakkam fall under this category of locations that are up-market today and expected to be enhanced in their market value in the years to come as well.
Perumbakkam rules the roost
Perumbakkam is a rapidly developing suburb. Located just a few kilometers away from OMR, Perumbakkam is situated in close proximity to the IT corridor. Bound by Sholinganallur, Medavakkam, Chemmencheri and Sithalapakkam; Perumbakkam has more than a few reasons to be considered favorably for investment on Real estate in Chennai.
Residents of this locality work at the IT corridor and hence staying at Perumbakkam gives them the location and commute advantage. Chennai airport is only 15 kms away from Perumbakkam. Hence, the region is also home to a large percentage of migrating professionals, NRIs and expatriates visiting from other countries. Flats for sale in Perumbakkam are today modern homes that are spacious, Eco-friendly, complete with modern amenities and guarantees high returns on investment.
Perumbakkam is a fine choice of location for Real estate investment; It is proving by the day that the locality is considered one of the finest locations of investment on Real estate in Chennai.
- Sumangali Homes
Builders in Chennai
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