Ashok Nandavanam - Residential Plots in Chennai Outskirts

Chennai is the sixth largest city in population in India has come into the eye of real estate investors in recent times due to its high rate of growth. The growth of population is also at a rapid rate making the residential plots in Chennai to transform into the form of tall buildings, modernized apartments and luxurious villas. The city has suffered less residential area and also unable to cope with the growth, this had in turn made the city to loosen its boundaries and making the sub urban as the preferred destinations for the new migrants. The growth of employment avenues in the IT & its supporting sectors as well as the automobile sectors have played a significant role in encouraging both the Chennai land for sale as well as allowing immigration into the city. Growth of Residential is not only growing in the metropolitan but also accompanied by the growth of Commercial Property. Chennai has been listed among the best cities to live in India because of its several reasons; some of the main reasons include the social, medical and economic security available to the residents.

These reasons have evidently resulted in an invasion of immigrants not only from the state but also from all over the country. More and more domestic as well as international immigrants started moving into the city every day making the unavailability of DTCP approved plots close to chennai. As the population belonging to city becomes more and more socio-economic and demographic, the residential projects here are also wide-ranging with an aim to meet the demands of its people with the sale of several integrated township plots for sale in Chennai.

In real estate sector this demand made several major real estate developers to make a dramatic growth in the construction industry within the city limits. But the city limit has become unaffordable in recent times to the middle class population because of two main reasons, the huge price tag and unavailability of plots for sale in Chennai; this had made the builders to eye in the long neglected outskirts of Chennai. The realty developers now offers residential villas, budget lands and homes in the city, outskirts with liberal landscaping, tranquil environment, huge club houses, health club facilities, indoor sports as well as outdoor sports to allure the buyers. Though these facilities are afforded, the budget land price in Chennai, outskirt is reasonable. Several builders even go another mile to include luxurious amenities including restaurants and swimming pools inside the gated community. Besides the provided infrastructure, these areas are also well connected to the city therefore commuting whenever required is not a problem. With all these amenities buying a property in the outskirts became a trendy option than buying property in Chennai.

Ashok Nandavanam offers Plots at Competitive Price in Chennai

Chennai is a beautiful city located in the State of Tamil Nadu, was formerly known as Madras. It is the main place of Information technology. As we all know many leading Information Technology Companies are located at here and we are seeing vast changes in every field. If you are looking to buy, sell or rent a property in Chennai, then it is good news for you because the rates are mostly based on square feet. Chennai is a highly populated city with well equipped utilities like 24 hour hospitals, pharmacies, police, hotels, restaurants, banks and ATMs in most of the localities. For investment buying plots in chennai is the best idea.

The upcoming Chennai Airport Project would create business prospects and boost the property values in the city. According to a Chennai real estate business, the sale of a 1200 sq. ft property in Porur, Avadi, Thriuvallur and Thirumazhisai, prime localities in the city, more than 50 crores, has sent the Chennai real estate market.

Apartment values in Thiruvallur, near Avadi, for the month of December are around 2500 per sq.ft as compared to 2000 per sq.ft for the month of September. The demand for hotels and service apartments would also set off as a result of airport renewal. This will mean more business for the hospitality industry. Further it will also benefit the travel and tourism industry of Chennai. All this would help boost the economy as well.

In the city business environment have always worked in the advantage of Chennai real estate. But presently it's the way the city is shaping up to equal the standards of modern living and on looking new developments, that's magnetizing huge investments.

Chennai real estate market is still continuing its development in and around the city and it is time for the real estate developers and investors in future. Now in Chennai, the Government has launched new projects like Chennai International airport and Vandalur Bus Terminus, in coming years the infrastructure and connectivity of the city would be improved. In future, it will be tough to buy plots in Chennai and around areas.

Chennai Properties Set High for Coming Year

Chennai real estate market is still continuing its development in and around the city and it is time for the real estate developers and investors in future. Now in Chennai, the Government has launched new projects like Chennai International airport and Vandalur Bus Terminus, in coming years the infrastructure and connectivity of the city would be improved. In future, it will be tough to buy plots in chennai and around areas.

In the city business environment have always worked in the advantage of Chennai real estate. But presently it's the way the city is shaping up to equal the standards of modern living and on looking new developments, that's magnetizing huge investments.

The upcoming Chennai Airport Project would create business prospects and boost the property values in the vicinity. According to a Chennai real estate business, the sale of a 1200 sq. ft property in Porur, Avadi, Thriuvallur and Thirumazhisai, prime localities in the city, more than 50 crores, has sent the Chennai real estate market.

Apartment values in Thiruvallur, near Avadi, for the month of December are around 2500 per sq.ft as compared to 2000 per sq.ft for the month of September. The demand for hotels and service apartments would also set off as a result of airport renewal. This will mean more business for the hospitality industry. Further it will also benefit the travel and tourism industry of Chennai. All this would help boost the economy as well.

Foreign real estate companies have invested many million dollar in Chennai project to develop mixed-use high-end residential and commercial complexes, says media report. According to the report, Elbit Medical Imaging Ltd, Nasdaq listed Israeli firm, have bought 80 per cent of a 135 acre plot in the southern city from an unnamed Indian real estate developer. Owing to the exceptional development of IT/BPO sector in Chennai and with foreign investments and improvement in infrastructure facilities and services, the Chennai Real Estate market is inviting sumptuous investments.