Buy, Sell and Rent Property in Chennai
Chennai properties is one of the best property websites in Chennai, help to connect buyers and sellers of properties in Chennai. We provide you an innovative interface to buy, rent and sell Commercial and Residential property in Chennai easily. As it is the only Chennai real estate website providing service exclusively for Chennai, get listed in our property site and make your property search faster and sharper!. Find verified residential properties for sale in Chennai on chennaiproperties.in
Real estate in Chennai
The one industry which is on a constant upward swing is the real estate industry. The Chennai Property market is considered to be one of the most stable and continuously growing markets in India. The advent of the IT sector, giving rise to SEZ and the IT corridor has catapulted the interest in Real Estate. Prices of properties for sale in chennai have been growing in between the range of 3% - 5% on a monthly basis over the last two years. The demand for houses has also been growing in between 1% - 2.5% per month over the last two years.
Destination Chennai – Real Estate in the city
Chennai has always been a promising real estate market for both buyers and builders. It is indeed the ideal destination for all real estate activities, with studies showing that over 45 million sq. ft. of housing property in Chennai has been sold in the last two and a half years! Over the last two decades, there has been a marked difference in the way properties in Chennai are being developed and promoted. Real estate in Chennai has truly evolved. The conservative Chennaite who once believed in living within the city, at a close proximity to schools, entertainment options and central business districts, is now open to considering other options as well. Investors who were once satisfied in putting their money in mid size projects with little or no amenities, are now looking at large sized townships that have generous landscaping, and a range of top notch amenities. Further, this trend has also been fuelled by the sky rocketing prices of real estate within the city. With Chennai property in the heart of the city coming at a premium, developers are forced to offer basic residences in the range of Rs. 1.5 – 5 crores. Residential developers who want to put up their properties for sale at an affordable price are forced to look at suburban locations. Real Estate in Chennai is increasingly moving into the outskirts of the city. Areas surrounding the 200ft road are showing a lot of promise, with a range of high profile companies sprouting there. IT has also cemented the growth for properties in Chennai along the corridor. Other emerging hot properties are situated in the midst of industrial hubs and automotive hubs, which draw in a lot of population. The user driven market of Chennai is evolving rapidly. Developers are increasingly spending more time on client’s needs and requirements. They are quite literally coming up with something to suit every palette. In the current scenario, properties for sale include community living projects, theme based townships and mixed development projects. The new township projects have minimal built up area and thereby offer an increased land space. The serene environment in the midst of nature, Club Houses, Swimming Pools, Schools, Medical Facilities and entertainment options within the premises have got Chennaites aspiring for more. The proximity of these communities to different workplaces has drastically cut down on travel time, thereby paving the way for a better quality of life. Despite its ups and downs, the real estate market has been doing well for itself. Pricing in the Chennai property market has also been stable with prices moving in accordance with actual sales. With unique and differentiated projects and irresistible deals, investors are indeed spoilt for choice. Before you invest, it is better for you to get to know your builder, check on the developer’s intention to complete the project and hand over on time, and if the pricing is reasonable considering the location and the amenities offered. The time is right to own a property in Chennai.
Tips to buy property in Chennai
Choosing a real-estate property is one of the big steps you make in life. It involves a structural process, so here we are to give you some tips to find your property in Chennai. First, is you need to find a perfect location to have your home. You need to research on whether the property is in close proximity to grocery stores, medical facilities, schools, colleges, I.T hub etc. It is also very important to prioritize if you wish to stay in a busy or a calm locality. Remember to choose a single location, as it will become easy for you. Once you streamline your location you need to check out if there are any government projects as it will hype the value of the particular area. The next step is to check out the locality’s infrastructure such as the roads, fly-overs etc. Finding out the connectivity of roads to different parts of the city is important. The final step is visit online portals and choose a particular developer and your ideal home. It is necessary that you do a complete research on various properties in your selected locality. Chennai Properties is one of the best online portals to choose a perfect home for yourself. We provide you with all the details which are vital for you. We have an abundant choice of properties for every location. So why the wait, choose your dream home now!
