Chennai is one of the metropolitan cities of India, and have many job opportunities in the city. That is the reason, many luxury apartments and normal apartments have come up at an affordable price.
The connectivity of the city is much developed. The connecting link between Mahabalipuram to Chennai port has helped to construct many residential projects in Chennai, such as Appaswamy Real estate’s Luz Amor, Capella, in Mylapore and Arcot Road. There, you will find many luxury apartments in Chennai.
Reasons, why you should invest, are:
Areas such as Padi, Anna Nagar, Madhavaram, Tambaram are some of the upcoming micro markets where you will find some affordable deals. South Chennai will be the best place for investing in properties with developing infrastructure in areas such as Chromepet, and Meenambakkam.
The properties in Chennai are much affordable than other metropolitan cities. In Chennai, the residential apartments prices range around Rs. 40 to 60 lakhs. The constant increase in demand is decreasing the home loan lending rates. You can simply contact Bajaj Finserv Homes and Loans and get a complete guidance and assistance on loans that range from Rs. 30 Lakhs to 10 Crores.
The area around East Coast Road is well developed with proper drainage and water connections. Government is taking the initiative to construct new channels and expressways for better transportation, hence, the housing sector in areas such as Ponmar and Maraim is developing.