Medavakkam
Chennai: During the last fiscal, real estate purchases in the city had fallen by 23.54%. However, property registration within the state appears to be mangling its way back after the slump. The period from April to May of 2013, recorded an impressive 11% growth in registrations. Real estate guideline values were sharply raised by the [...] Continue Reading »
Chennai- Most of the apartments located in the suburbs of Chennai have witnessed a price appreciation of over Rs 1,000 per sq ft in the last two years. In some of the areas in Chennai outskirts, the property prices have even increased by up to 75 percent. According to a report released by realty consultant [...] Continue Reading »
Chennai- According to a report by Knight Frank, in next five years Medavakkam is expected to outscore other residential hubs with regard to real estate property. Medavakkam is among 13 top investment destinations to appreciate more than 90 percent. The survey has taken a number of things into consideration such as lifestyle change, job creation [...] Continue Reading »
According to Knight Frank report, the real estate sector will continue to remain a good investment destination with properties in several residential areas in selected cities likely to appreciate by 91-145 per cent over the next five years. High possible return on investments ranging between 18.6% and 29% per annum over the next five years [...] Continue Reading »
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 »
