Every common man has a dream of owning an excellent property in a well posh area. If one owns a place in one of the metropolitans, they would be happy as they are turning out to be the hotspot of real estate. Chennai started getting its hype as it is ranked 9th among the list of world’s best cosmopolitan city. In the past few years, Chennai raised its status to a dream metro as a result of the immense infrastructural growth. Many facilities like metro trains, metro water, are customer centric and made real estate investments profitable.
The city is still growing and started accommodating many new industries resulting in making property investments profitable. The following are some of the key areas to invest in property as they are turning out to render more profit in mere future.
East Coast Road (ECR) – The land of divine beaches:
The scenic road connecting the metro and the beautiful French city, Pondicherry is called the East Coast Road (ECR). ECR has been one of the popular areas for posh properties like bungalows, high-class apartments and many other luxury villas. ECR is easily accessible through mediums like buses, autos, taxis and more.
Old Mahabalipuram Road (OMR) – The Information Technology expressway:
Old Mahabalipuram Road (OMR) is also called as the IT corridor of Chennai. Many established builders start their project in this valuable area. There are many places in OMR that offers useful and cost effective individual houses, villas and posh apartments. As the hub of many IT companies in South India, OMR has never lost its value in the past few years.
Oragadam – The place to live with ease:
Recently, Oragadam has caught the phase of the on growing real estate promotions. SIPCOT is the reason behind the hype in the promotions, and the land has proved to be one of the best for who love to be in a calm area near to the heart of Chennai. It is located between the two Grand National Highways, NH4 and NH45. Oragadam promised an affordable living and the future would be easier.
Porur – A city like outside city:
As the price of properties in the core Chennai has increased, people started looking for places or properties near Chennai that they can afford. One such property area is Porur, located west of Chennai. The increasing number of industries and IT sector nearby, Porur has turned to be the best spot for people who love to opt for budget friendly individual houses and posh apartments.
Guduvancheri – The southern periphery of Chennai:
Located south of Chennai, Guduvancheri is becoming the hotspot real estate and turning out to be a place for cost-effective houses. The realty investors have started investing an enormous sum in this area as the demand increased drastically. As a added value, Guduvancheri is connected with IT hubs and other major locations of the Chennai city.
Pallikaranai – The land of exotic birds and buildings:
A couple of years back, Chennai City Corporation took up Pallikaranai under its wing and from then, this place turned up the eyes of many realty investors. It is deeply connected to many IT corridors and the South Chennai via Tambaram. The return on investment (ROI) is sure to be good for the investors of the properties in this area.
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