Where to buy apartments in Chennai?
Chennai, the capital city of Tamilnadu and one of the busiest city in the state, contributes enormous to the real estate sector. The city is in its level of vast growth in terms of residential real estate sector. The demand for homes and apartments in Chennai remains high all throughout the year. There are few prime areas in Chennai that offers many options for real estate buyers and sellers. Considering an apartment in Chennai, as noticed there are various price tags, which caters to various income groups in the society. Here are a few glance about the price tag of various types of apartments for sale in Chennai.
The Variation of Property costs between Urban and Suburban Areas
The localities like Chrompet, Kundrathur and Thirumudivakkam has 3 & 4 bhk apartments for sale in Chennai within 40 lakhs. However, the prices in some particular areas after Chennai Airport can shoot more price tag. Besides, for a higher range apartments in Chennai, look for other posh areas such as, Anna nagar, Adyar, Thriuvanmiyur and many more, where you can expect a 3 bhk apartment around the price tag of 50 lakhs to 1 Crore. Like other metro cities of India, the Chennai outskirts are also gaining a huge popularity among property investors. Properties near the Chennai ORR has many residential township projects that offers extremely affordable price rates.
Moreover, the real estate properties in Chennai have the added advantage in terms of infrastructural developments and the presence of several industries as well. The property costs are comparatively lower than the prime areas. Therefore, those who are planning to buy residential properties in suburban areas of Chennai have an advantage in terms of budget property buying. Besides, the real estate prices expected to see a huge rise in the coming years.