Why Chennai should be your next real estate dream

Hindhu Jhaa
2 min readJul 4, 2016

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Image Courtesy : Net

Chennai has been an evolving city. Being 376 years old, the beauty and magnificence of this city have always been increasing. If you on a city tour, you can find a lot of malls, hospitals, colleges, clubs and many flats in Chennai.

What’s so beautiful about the city that it has been credited number 12 in a report by Candy GPS? Let’s find out!

Appreciation value

The real estate market in Chennai has been on the upside and never has been downtrodden. The value only has been deemed to be increasing about 7–10% year over year which is a great green signal for you to purchase property here.

Affordable prices

The houses in Chennai range from huts to condos to villas. Any type of house can be found in Chennai. Usually, a single bedroom budget flat in Chennai’s average value is 40 lakh rupees.

Because of the sudden overflow in many developer’s interests over building properties in Chennai, there are a lot of low budget flats in Chennai you can choose from.

Great opportunities

Chennai has a lot of good schools which are efficient and resourceful. The capabilities of the students graduating from these schools and colleges are high which directly effects on greater manpower and more opportunities for people. This list also includes people outside of Chennai, who come here to work.

Automobile hub

Chennai being called the Detroit of India actually proves to be the deemed name. Several foreign automobile industries like Renault, Nissan and Ford have their manufacturing base setup here in Chennai which are proved to be very operational and effectual.

Chennai is a merging city in terms of educational, employment and as well as real estate sector. Don’t miss the opportunity to buy a flat here. You can look up a lot of budget houses and great apartments for sale and rent on Property.Sulekha.com.

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