Friday, 30 November 2018

Best Areas For Property Investment In Chennai

As per real estate experts Chennai has been attracting home buyers largely owing to its slew of infrastructure projects and the rapidly growing IT sector. According to a renowned survey by Mercer’s Quality of Living Survey notes Chennai as one of safest cities to live in also due to the fact that it is home to the 3rd largest expatriate population in the country. So before any delay you must apply for home loan in chennai so that you can make your dream house in Chennai

It’s some of the best or most coveted locals include-

1) Ambattur
The areas hold a large-scale industrial growth. Along is one of the prominent IT-ITeS and industrial hub of the city. It boasts of launching up to 3,000 units it witnesses a traction in the Rs. 40 to Rs. 50 lakh property segment.

2) OMR or Old Mahabalipuram Road
Known as the IT corridor the 45 km stretched road has recorded real estate activity in the Rs. 40 to Rs. 50 lakh price bracket. This has been mainly due to the presence of dedicated SEZs and IT business parks in the region. The region has been in the home buyer’s list with around 35,000 units been launched since the past 5 years.  

3) Pallikaranai
Lying very close to industrial and IT-ITeS clusters the merging of the micro-market provides a promising scope for infrastructure and residential development in the region. With around 3,300 units been launched, it houses property prices ranging between Rs. 4,500 to Rs. 4,900 square feet.

Further, you can consider getting a home loan from leading lenders such as NBFCs to buy property in Chennai of your choice. To know more log onto their website or get in touch with their Relationship Manager.


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