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Real estate in Chennai always a step ahead

Author: Vinita Shah
by Vinita Shah
Posted: Aug 02, 2016

Property is possibly the best investment anywhere in the world and people invest in this for various reasons

  • Land is becoming rarer thus ensuring safety of money
  • Owning a home is everyone’s dream
  • Many developmental projects coming up with great possibilities

Chennai is a place which has the fastest real estate movement in South India with property rates going up every day. There are many reasons why real estate is always active in Chennai.

  • Development of the IT industry bringing many young professional into the city.
  • The setting up of various factories and plants on the outskirts of the city creating more job opportunities for everyone.
  • A multicultural ambience being created in the ancient city of Chennai leading to many developmental activities.
  • Real estate prices going up regularly making the market a current one at all times.
  • Affordable segment generating an upsurge in market prices.
  • Luxury segment not in much demand although they are popular.

When it comes to property developers in Chennai like every other major city they perform a range of functions like

  • Converting property or land into what is called real estate.
  • Renovating old buildings to include all the modern amenities which people today require
  • In some cases pulling down outdated residential building in exchange for a particular number of apartments for the current tenants leading to a sizable profit through additional flats without the cost of land acquisition.
  • The above case is very popular in Chennai as many building need to be pulled down.
  • In cases of new buildings, translate ideas on paper into actual structures.
  • Convert land into optimum usage utilising every spare inch.
  • They need not always build though all the major property developers undertake such projects.
  • Chennai has the top developers in country like Prestige, Puruvankara etc. leading to the development of big projects

Some of the best builders in the country are the builders in Chennai. They are really good at various things like

  • Maximum utilisation of land because of the prohibitive costs
  • Mixing utility with comfort in the best ways possible
  • Providing all major amenities even within a small space.
  • Meeting the needs of the regular buyer at a cost that he is comfortable with.
  • Aiming to create maximum possible types of apartments within a building for flexibility of choice
  • Placing the environmental concerns in front and designing based on this
  • Carefully examining waste management choices and ensuring the best method.
  • Providing everything a person requires when it comes to a home but within a reasonable budget.
  • Making projects attractive and environmentally viable.
About the Author

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.

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Author: Vinita Shah

Vinita Shah

Member since: Mar 09, 2016
Published articles: 44

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