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The Hottest Real Estate Destinations In Chennai
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Demand for Indian properties has always been very high in places with great connectivity and good physical and social infrastructure. The same is true in case of the real estate Chennai market in recent times. Demand for Chennai real estate has been concentrated on some of its hottest residential destinations which promise several advantages and lifestyle benefits to residents along with great connectivity and good livability overall. Adyar is one of the foremost investment hotspots as far as real estate is concerned. This is one of the most popular and thriving localities in South Chennai. The locality is bordered by other iconic neighborhoods like Taramani, Guindy, Thiruvanmiyur, Kotturpuram and Besant Nagar among others. Adyar is regarded as one of Chennai’s poshest localities and is also considered a vital part of the IT corridor. There are multiple restaurants, lifestyle hubs, shopping centres and other social amenities spread across Adyar. Adyar offers a fantastic combination of a peaceful neighborhood and a vibrant IT community. Property prices are very high in Adyar but it is no doubt a great place to live in.
ECR is another locality which is fueling high growth of the demand for real estate in Chennai and is a popular destination with expatriates and localities alike. The neighborhood lies in close proximity to the highway which connects Cuddalore and Chennai. The area is mostly home to several luxury apartments, entertainment hubs, posh bungalows and resorts. The neighborhood is well connected to OMR and the IT hub. Additionally, the locality is also very well connected to the beach. Sriperumbudur is another hot residential destination which lies approximately 40 kilometres away from Chennai city. The locality is known as a Special Economic Zone and is well known for the array of manufacturing companies and industries. Industrialization has been rapid here and the advent of Nokia to the area first started the trend. Transport facilities are top notch in the area and several projects are being developed here in recent times.
According to real estate in India reports and analyses, the Grand Southern Trunk Road is another residential destination which is developing rapidly. The GST Road links Chennai to several parts of Tamil Nadu. The Kathipara Junction is where the main road commences in Guindy and here is where five roads intersect. These roads connect the locality to the Southern suburbs and international airport and hence the growing demand for quality housing in this area. The area is dotted with premium residential apartments and gated communities and is also home to several reputed educational institutions. OMR is another premium residential hotspot in the city which is home to a rapidly flourishing IT hub. OMR is home to several premium developments and the presence of multiple tech parks, lifestyle amenities and shopping malls which have scaled up overall livability in the area. These areas are some of the hottest residential destinations in Chennai and are really coveted propositions for prospective home buyers. Property prices are also shooting up in these localities owing to skyrocketing development and the presence of lifestyle amenities.
Makaan is a property website focusing on real estate in Chennai. The website takes care of the requirements of property agents, home buyers and real estate developers.
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