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Property In Chennai Spotting An Impulsive ScenarioBy Expert Author: maaya mehta
The real estate market in Chennai seems to be highly unpredictable. Owing to the increase in service taxes from 10.3 to 12%, there is a vast impact on the property price rise both in commercial as well as residential sector.
Touted as the commercial, economical and cultural hub of southern India, the city is witnessing excess demand of residential property from both the buyers and the tenants who congregate in Chennai for miscellaneous purposes.
The rise of residential property in Chennai has also been upgraded due to the constant development of companies and industrial sectors who give away immense opportunities to job seekers.
The current picture states that, among all other areas, Kelambakkam in Chennai is a fast growing suburban area. Located on the IT corridor or Rajiv Gandhi Salai Road, the area is 33 kilometers away from the main Chennai Airport. . If you are looking for a 1 BHK flat in Kelambakkam, the area gives away some distinguished options on flats for rent and sale in Chennai. Besides, the city further seems strong rise in some Southern peripheral areas as well which include Medavakkam, Neelankarai, Pallikaranai, Guduvancherry, Tiruporur and Tambaram.
According to the reports, there are 24 new projects that seem to target the premium customers. The Real Estate Companies in Chennai would probably face the pricing related pressure in the forthcoming years. The studio apartments are known to be the best investment option if you are conservative investor.
As mentioned earlier, Chennai being the educational hub on-looks huge folks coming all the way to the city for better and improved education. For them, nothing can be better that PG- paying guest accommodation in Chennai. PG's are inexpensive, secure, and are equipped with all the basic amenities that you would require to survive in the new city. Homemade food is the forte of PG in Chennai
Therefore, if you are among those seeking out for an apartment for sale in Chennai or may be a flat for rent in the city, Chennai classified section of khojle can be very fruitful to you as the section comprises of innumerable number of ads straight from the property dealer and the localites of Chennai.
Using Chennai classified, people residing outside the city can get in-depth details about the list of vacant flats for sale or rent in Chennai. In addition, you can too post free classified ad on khojle if you feel like selling your old flats or place it on rent. Thus to begin your search online, you must register on the site first and then explore unlimited property related ads in you preferred city.
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