What are the best places to Invest in Chennai?

A couple of years ago, the real estate market of Chennai was booming with heavy risein prices and even bigger demand for residential and commercial properties. 2013 sawa dip in realty demand. Although the city has been facing its fair share of ups anddowns in the last one decade, there are numerous positive factors that continue to makeChennai more endearing than the other metros.Properties to rent in Chennai also continue to facerelatively high demand simply because the citydemonstrates a lot more potential to grow andexpand. Government initiatives, infrastructuraldevelopment, commercial progress and potential toexpand are some of the reasons why Chennai ranksin the top list of investment destinations. Premiumbuilders continue to make modern flats for sale inChennai that are up for grabs.

Ideal destinations to invest in Chennai

Although Chennai’s real estate market can beclassified into different directions; there are somelocalities that are growing by leaps and bounds overother areas. If you are considering in investing in realestate in a city like Chennai, you must first gather agood understanding of these regions before making adecision.

1. OMR/ECR: One of the first few areas to observe landmark developments in realestate progress; OMR is also referred to as IT/ITES corridor of Chennai. Evenafter so many newer localities have started gaining significance, properties hereare still up-market and one of the firsts to be sold. Even properties to rent in

Chennai hold a significant position in OMR/ECR and the nearby Thaiyur. Thisscenic location has lifestyle homes, contemporary apartments, opulent villas andsprawling farmhouses that offer a lot of lung space and even better returns onyour investment.

2. GST RoadOne of the busiest intersections of the city, the GST road is near the most populardestinations of Chennai. Located in close proximity to Tambaram, Velachery,Maraimalai Nagar, Medavakkam and other popular suburbs; GST road strikesgold when it comes to real estate ROI for its investors. A lot of flats for sale inChennai are focused in this area for there is abundant commercial activitysurrounding GST Road.

3. Poonamallee High RoadOne of the busiest hubs of Chennai, Poonamalle is not just closer to the city’scentral business district but also enjoys the amenities of a suburb. There isimmense infrastructural work that lines Poonamallee easily making it one of thebest destinations for choosing flats for sale in Chennai. The destination is also thebest bet for choosing properties to rent in Chennai.

ABOUT US

Akshaya was founded in 1995 under the stewardship of Mr. T. Chitty Babu, a leading light ofthe real estate industry in India. It has grown into one of the most awarded companies in thecountry acclaimed for its transparent business practices and innovation. The journey over thelast 19 years has seen the company excel in both the home and commercial domains bybuilding more than 150 magnificent edifices in South India.

CONTACT US

Akshaya Services Private LimitedCapitale,

No. 22, 2nd Street, Nehru Nagar,Adyar, Chennai - 600 020.

Tel: 044 - 2445 1818Website:www.akshaya.com