Flats in OMR offer luxurious living

The properties in Chennai represent a big name in Indian real estate and as the scene gets bigger Real Estate in Chennai is fast becoming for SEZs. The in-principle as well as the formal approvals has been granted by the government to set up the Special Economic Zones.

There has been a rise of commercial property in Chennai. Chennai is today one of the places where real estate company intends to set up either 5-star or business hotels. IBM is expanding its operations in Chennai and has a new Global Delivery Center. Office space in Chennai is highly appreciating even as the commercial property market in Chennai is seeing new space this year reflecting a boom in demand in the city for office space. The total projected supply has been absorbed, which is not a surprise.

Of course the rise in the commercial occupancy is high in Chennai but this in no way means that the residential properties are not getting saturated. People are looking forward to buy villas, flats and apartments in OMR, ECR, and other well developed regions of Chennai.

There are a number of developers and builders who are coming up with new commercial and residential projects every year. The matter of fact is every project is better than the previous one. They have international designs and state of the art products. This is perhaps the reason why a number of localities and NRIs are showing their interest in making an investment in not just the flats and apartments but also in Villas in OMR and rest of Chennai.

Of course the villas are pricey and it is not easy for middle class individuals to make an investment in this luxury property. So, the builders and developers today are coming up with budget friendly villas to cater to the needs of the middle class. The combined efforts of the builders, consultants, property experts, architects as well as the corporate and the government institutions, a change is noticed in the demands and expectations of the people towards their standard of living and lifestyle. The villas are equipped with high end facilities like open garden, greenery, calm and peaceful environment. This is the reason why a number of middle class people who are driven towards a peaceful life in the lap of nature are making an effort to get hold of these budget friendly villas.

So, if you are one those individuals who are planning to buy villas, apartments or flats in OMR or other regions of Chennai, then cut down the wait and make an investment now.

Vinita Shah is a property developer in Chennai that loves to travel and explore various places. Also found of real estate, She is currently at Chennai looking for Apartments for Sale in Chennai.