The serene environment in the midst of nature, Club Houses, Swimming Pools, Schools, Medical Facilities and entertainment options within the premises have got Chennaites aspiring for more. The new township projects have minimal built up area and thereby offer an increased land space. In the current scenario, properties for sale include community living projects, theme based townships and mixed development projects. They are quite literally coming up with something to suit every palette. Developers are increasingly spending more time on client’s needs and requirements. The user driven market of Chennai is evolving rapidly. Other emerging hot properties are situated in the midst of industrial hubs and automotive hubs, which draw in a lot of population. IT has also cemented the growth for properties in Chennai along the corridor. Areas surrounding the 200ft road are showing a lot of promise, with a range of high profile companies sprouting there. Real Estate in Chennai is increasingly moving into the outskirts of the city. Residential developers who want to put up their properties for sale at an affordable price are forced to look at suburban locations. With Chennai property in the heart of the city coming at a premium, developers are forced to offer basic residences in the range of Rs. Investors who were once satisfied in putting their money in mid size projects with little or no amenities, are now looking at large sized townships that have generous landscaping, and a range of top notch amenities.įurther, this trend has also been fuelled by the sky rocketing prices of real estate within the city. The conservative Chennaite who once believed in living within the city, at a close proximity to schools, entertainment options and central business districts, is now open to considering other options as well. Real estate in Chennai has truly evolved. Over the last two decades, there has been a marked difference in the way properties in Chennai are being developed and promoted. of housing property in Chennai has been sold in the last two and a half years! It is indeed the ideal destination for all real estate activities, with studies showing that over 45 million sq. While we believe that the information provided to you is correct on the basis of the data provided to us, please consider this data and information as indicative and use your judgement and verify any information before making any decision.Destination Chennai – Real Estate in the cityĬhennai has always been a promising real estate market for both buyers and builders. We will keep updating the information here regularly. We are in the process of connecting with the relevant owners and verifying the data as per the provisions of the Real Estate (Regulation and Development) Act, 2016. These data have not yet been verified against authentic documents, and are only indicative of the actual situation of this property, project or land holding, and their ownership.Īt QuikrHomes, we provide this information to help our users find publicly available data in a structured format. The information related to ownership of this property are also based on material gathered from public sources mentioned above or as has been declared to us by the owners/person listing the property. The information sources used here include onsite interviews, marketing material and other information sources on the internet.
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