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Top reasons to invest in Chennai residential properties

June 01, 2018 | Admin

Top reasons to invest in Chennai residential properties

The capital of Tamil Nadu, Chennai is one of the greatest cultural, economic and educational centres in South India. The city has developed fundamentally over the most recent couple of years. The key drivers that draw in individuals to the city include educational development, employment opportunities, healthcare facilities, infrastructure and a conventional way of life. This has led to an upsurge of residential properties here.

Chennai has seen a convergence of new huge MNC's and IT organisations. Being a port city and one of the biggest manufacturing hubs in South India, Chennai welcomes huge population here who come from different walks of life. With expanding populace, the city's residential scene has likewise developed and is presently spread across different zones. There are many residential developments built across the city which are designed according to the taste of the individual customers.

Investors keen to invest in private property in Chennai can consider places like Old Mahabalipuram Road, Guduvanchery and Pallikaranai in South Chennai and Ambattur and Oragadam in West Chennai which are among the best destinations for development and investment in residential property.

Well-known developers like Godrej Properties, Puravankara, Mahindra Life spaces, Pacifica, PBEL, among others have developed world-class townships in Chennai. It is advisable that home buyers keep in mind the properties developed by these constructors before investing in any property.

A rising trend noticed in the city is the surge towards property improvement in the rural and suburban areas of Chennai. Chennai suburbs are excellent places to buy a private property as buyers get luxurious homes in pocket-friendly rates. 

Why should you invest in Porur, Chennai?

Porur is one of the quickest developing suburbs of Chennai and is a noteworthy realty destination along the Western region. For those who are interested in investing in Porur properties should appreciate the fact that the area has a great connectivity with significant city parts. Porur is just 6.00 miles from NH 45, one of the significant highways in South India.

Porur’s significance as the right choice for investment lies in the fact that this area will soon turn into a noteworthy IT centre point of Chennai next to the OMR. It will house three IT SEZs (Special Economic Zones) in particular DLF IT Park, TCG IT park and Jayanth tech park. Numerous reputed developers are developing residential projects in this area.

Despite a dynamic life, Porur is as yet serene and far from the noises of the city life. As the area is located in the city outskirts therefore the rates of residential properties here is comparatively lower which makes Porur as one of the choicest destinations to invest in private property.

About Shriram Divine City

Shriram Divine City Kovil is an assortment of residential apartments situated near Porur, Chennai. This venture is an awesome place to carry on with an agreeable life at profoundly moderate costs. The township is spread across 30 acres with 2600 residences in the configuration of 2 & 3 BHK units. The township offers top-class features and amenities including club house, play area for children, swimming pool, gym, super market, park for senior citizens, power back-up, car parking among others.

The 2 BHK apartments in Shriram Divine City is apt for lavish living. The rates of flats starts from Rs 25 lakhs with an area having 593 sq.ft. The project provides good connectivity to important city areas as it is extremely nearby to Central Chennai, IT parks, and major industrial zones of the city.

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