Chennai has always been a promising real estate market for both buyers and builders. Over the last decade, the scenario has truly evolved. Investors who were once satisfied in putting their money into mid size projects with little or no amenities, are now looking at large townships with a range of top notch amenities. Thanks to the sky rocketing prices of land within the city, residential developers are forced to offer basic apartments in the range of Rs. 1.5 – 5 crores. Developers who want to sell at an affordable price are forced to look at suburban locations.Builders are increasingly catering more to client’s needs. Upcoming township projects have minimal built up area and increased land space. The serene environment, 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. With unique and differentiated projects and irresistible deals, investors are indeed spoilt for choice. The time is right to own a property in Chennai
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