Investing in real estate is one of the most rewarding ways of blocking your money. Especially gauging how urban development is taking place, the property rates are only going to increase. So, if you are still wondering if investing in apartments for sale in Chennai is the right decision, leap and go for it. However, don’t forget to consider the locality of the apartment before you commit to the investment. We list down some of the most profitable areas to invest in the best apartments in Chennai.
Ambattur Ambattur Industrial Estate is one of the most popular locations in Chennai. It is home to plenty of IT industries, making it an ideal spot to invest in. With more than 3000 new residential units being built in 5 years, one can imagine how investing in this area is one of the most profitable choices.
OMR Stretch Even a non-Chennaite knows the Old Mahabalipuram Road (OMR). This entire stretch of 45 km boasts of new-age IT establishments. It has made a stir in the real estate market as a total of 35,000 luxury apartments in Chennai have been developed in this area over the last few years. Moreover, OMR has a high average capital value, making it ideal for real estate investments.
GST Stretch Along Guduvanchery Affordable and spacious, the GST stretch of Guduvanchery located in Southern Chennai offers great flats for rent in Chennai. The rise of infrastructure developments that strengthen connectivity along this road stretch is the primary factor driving residential growth here. Moreover, the easy availability of amenities promises a hassle-free life in this area.
Pallikaranai – Velachery Stretch The most recent IT developments take place here. Picking a location in this area is ideal for youngsters who are on the lookout for a job or have come to the city for better career opportunities. With seamless connectivity to the rest of the city, this area has seen the development of more than 3000 residential units in the past few years.
Porur Porur has been the ideal pick for a residence for those who work in OMR and Ambattur. The proximity of this locality with the rest of the city and easy connection is what makes it the ideal choice for more Chennai dwellers. It has seen a significant growth in real estate pricing making it one of the best places to invest in.
These are some of the many areas to look at for investing in apartments in Chennai.
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