Why should Chennai be an obvious choice when it comes toReal Estate Investment?

Chennai represents the breed of fastest and prominently growing cities of the country.The city is as old as the most ancient cities of India. However, the quantum ofdevelopment the city is witnessing today especially in the real estate market can beobserved in the flats for sale in Chennai. The high demand for property in the city hasemerged due to several reasons and escalating demand indicates increasing prices.Property investors are reaping rich profits with their investment decisions in Chennai.Chennai is all poised to witness strikingly bigger increase in property demand therebymaking the city an obvious choice in real estate investment. So, what makes Chennai soappealing?

1. Industrial developmentChennai was once a conservative market with traditional industries doingextremely well. But this scenario changed a few decades ago. Chennai’s IT/ITEscorridor has been responsible for eyes to turn towards the city. There is anabundance of employment opportunities the multinational organizations have tooffer. Besides the Information Technology sector, Chennai also received a waveof automobile and manufacturing companies. The biggest names in the worldtoday have a plant and manufacturing unit in this city. Population is bound tofollow when there is massive industrial development focused in any destination.

2. PricesMetropolitan cities like Mumbai and Delhi have several prestigious propertiesbut are largely afforded only by the affluent. Flats for sale in Chennai arerelatively more affordably priced when compared to the properties in othermetros. Hence, a larger segment of the population finds interest in properties ofChennai.

3. Expected returnsResidential and commercial real estate in Chennai may have prices that areaccessible today but are expected to reach the levels of those in the other metrosin a few years. Hence, investors who have made the wise decision of investing inChennai real estate yesterday or today will sit on large sum of profits tomorrow.Also, rental properties are following close. Even those regions that were onceconsidered remote are yielding high rental returns. And this number is onlyexpected to go up.

Flats for sale in Chennai are great investment options not just when the market doeswell but also during economic slowdown. Because even in the case of the latter, peopleare bound to choose real estate for investment rather than other trade securities that arerisky.

ABOUT US

Akshaya was founded in 1995 under the stewardship of Mr. T. Chitty Babu, a leading light ofthe real estate industry in India. It has grown into one of the most awarded companies in thecountry acclaimed for its transparent business practices and innovation. The journey over thelast 19 years has seen the company excel in both the home and commercial domains bybuilding more than 150 magnificent edifices in South India.

CONTACT US

Akshaya Services Private Limited

Capitale,No. 22, 2nd Street, Nehru Nagar,

Adyar, Chennai - 600 020.Tel: 044 - 2445 1818

Website:www.akshaya.com