Chennai has always been a good real estate market for buyers and builders. Over the last decade, the scenario has really improved. Investors who were once content to put their money on small or inexpensive mid-size projects, are now looking at larger townships with larger facilities. Thanks to the sky rocket prices of the land in the city, residential developers can afford basic apartments at a cost of Rs. 1.5 – 5 crores. Developers who want to sell at affordable prices are forced to look for suburban locations. Builders are meeting the client’s needs most. Upcoming township projects include less built-up area and increased land space. Tranquil weather, clubhouses, swimming pools, schools, medical facilities and entertainment options on the campus have made Chennai a much sought-after destination. These communities have drastically reduced travel time to different offices, thus paving the way for better living standards. Despite its ups and downs, the real estate market is doing well. With unique and diverse projects and irresistible deals, investors are spoiled for choice. The time is right to acquire an Opportunity in Chennai
