Which area is best to buy flats in Chennai?
Table of Contents
Which area is best to buy flats in Chennai?
Top 5 locations to buy property in Chennai
- OMR. Being one of the most readily developing locations, today Old Mahabalipuram Road offers maximum ready-to-move-in properties.
- Velachery and Medavakkam.
- Guduvancheri.
- Porur.
Which is the most developing area in Chennai?
Studies confirmed that Medavakkam is the fastest developing place in Chennai at present. Two reports from various international property consultants got a huge point. It shows the continued dominance of South Chennai as a hub for development.
Where do expats live in Chennai?
For this reason, many American expats will live in the southern suburbs of Chennai. Neighbourhoods like Adyar, Besant Nagar, Thiruvanmeyur are popular as are many locations along the East Coast Road (ECR) and especially along the Old Mahabalipuram Road (OMR).
Which is the best place to invest in Chennai?
10 Best Places To Invest In Chennai. 1 1. Avadi. Located closer to Ambattur, Anna Nagar, Thirumangalam, etc, which are growing as commercial and industrial areas, properties on the Avadi 2 2. Sholinganallur. 3 3. Mambakkam. 4 4. Chromepet. 5 5. Urapakkam.
According to a recent article by livemint.com, in the city of Chennai, ready-to-move-in properties are sold at a premium rate especially in the outer suburbs and peripheral areas. As large scale development is happening rapidly across the city of Chennai, many new clusters of real estate properties are springing up.
Is Thirumazhisai a good area to invest in Chennai?
Being mimicked currently as taking after one of the well known commercial cum residential areas in Chennai, land prices in Thirumazhisai are currently at a very affordable level. Grabbing a property in this area now is a clever option rather than regretting not having done it few years down the lane.
Why old Mahabalipuram Road is the best place to buy property?
For the past 3 to 4 years, the Old Mahabalipuram Road (OMR) has been considered as the go-to place for purchasing housing properties. Work-life balance has always been seen as an important trait to lead a happy lifestyle.