The Current best

Real Estate Investments

in C H E N N A I

, Real Estate Investment in Medavakkam Chennai

Medavakkam is located in the southern suburbs of Chennai. This locality is a preferred

residential area due to its serene ambiance and easy access to other residential hubs, IT

parks, schools, entertainment facilities and commercial establishments. The upcoming

Monorail corridor will improve connectivity.

This area is expected to outscore all other residential hubs in terms of Real Estate

appreciation over the next few years. The average property price here was Rs. 3800 per sq

ft. According to a report by consultancy firm, Knight Frank, prices are expected to

appreciate by 103%, making it approx Rs. 7700 per sq ft in 2017.

, Real Estate Investment in Adyar Chennai

Adyar is one of the most posh and most popular localities in Chennai. It has a good number

of multi-cuisine restaurants, shopping complexes, and lifestyle hubs.

Real Estate prices is one of the highest in Adyar. But, going by the price escalation

expected, it would be worth investing money in this locality.

, Real Estate Investment in Pallikaranai Chennai

Pallikaranai is located not only close to the city center but also has easy access to all the

employment hubs on OMR and GST Road. The proposed Chennai Monorail will have a station

here too, which will enhance the connectivity to his area.

It has emerged as the 11th best Real Estate investment destination in India, according to a

report by property consultant Knight Frank. Property prices here are expected to rise by

93% by the year 2017. It means that the current average property price which was Rs. 4200

per sq ft will rise to approx Rs. 8100 per sq ft in 2017.

, Real Estate Investment in OMR Chennai

Popularly called the ‘IT Corridor’, Old Mahabalipuram Road (OMR) is a major road in

suburban Chennai. It begins at the Madhya Kailash temple in Adyar, South Chennai and

continues till Mahabalipuram in Kanchipuram district, ultimately merging with the East

Coast Road.

The employment of about 70,000 professionals in the IT and BPO companies along this

corridor has led to the development of the residential real estate in this area.

Prominent builders in OMR area of Chennai include Hiranandani, L&T Constructions, DLF

Group, Singapore-based Ascendas, XS Real, Olympia Group, Akshaya Pvt Ltd, Vijay Shanthi

Builders, Suryavardhan Estates Private Limited, Arihant, Jain Housing & Constructions, RAMS

Builders, Doshi & Doshi, Rajyog, Radiance Realtors, Puravankara Projects and our Sumangali

Homes.

Property prices in this area are expected to escalate, with the average property price being

Rs. 3470 per sq ft few months back.

Apartments in Medavakkam|Perumbakkam | Vengaivasal

www.sumangalihomes.in

044 3100 3100/ +91 95510 70306 5/158, Perumal kovil street, Medavakkam, Chennai -600100