Chennai real estate growth
Chennai suburbs are witnessing rapid realty growth. However, deplorable infrastructure condition have been a menace that citizens have to grapple with. Medavakkam has witnessed a real-estate boom in recent years with residential apartment blocks and individual houses sprouting up rapidly. Poor state of infrastructure, including unmotorable and poorly lit roads, and the poor disposal of [...] Continue Reading »
East Coast Road (ECR) is fast becoming a top residential locality of Chennai. The property values have crossed the mark of Rs 11,000 per sq ft at prime locations near beach and are still on the rise. The expansion of IT/ITeS sector is the main fuel in the real estate growth. Revival of demand for [...] Continue Reading »
If we carefully look back at the Chennai real estate growth over the year 2011 the sales of residential sector was all dependent on the IT/ITES sectors. The stability in IT sector has boomed the residential realty sales! With the job security in the sector and people transferring form place to place, the demand for [...] Continue Reading »
