Newly built property values in the city of Chennai have seen a drastic increase and hopefully, the same trend will continue even in the future since the government is taking measures to improve the infrastructure and construct plenty of industries outside the city of Chennai.
Of late, Chennai is becoming highly crowded since millions of people from other parts of the country are migrating to this city and settling down in various parts.
Moreover, start-up companies like IT, ITES and BPOs are growing everywhere which has a direct impact on population growth.
“You cannot expect any slide in residential property values since Chennai is seeing unprecedented growth”
Hence, it is wise to invest your money in brand new luxury apartments constructed in OMR or ECR roads since the prices are quite low when compared to the properties.
The market value of newly constructed properties in the heart of the Chennai is extremely high and people who earn minimal income cannot buy such properties.
Hence, the next alternative that is available for you is nothing but ECR road.
It is predicted that the market prices of villas and bungalows built near ECR road will increase tremendously since the government is planning to improve the transportation facilities in this long stretch.
Investors can make profits in real estate portfolios when they buy budget-friendly homes in ECR.
If you are planning to buy villa types of luxury homes in ECR, then you should explore online classifieds and explore the category Villa for sale in Chennai. You can get comprehensive data related to villa types of row homes under this category.
Interestingly, MRG Nagar that is inside the precincts of ECR road is becoming a residential area. Builders in this area have successfully constructed 24 units and listed these properties for sales in leading newspapers and other classified channels.
If you want to buy double bedroom flats that come with floor space of 1500-3000, then this is the right time to approach the builders and get a free quote from them.
Even Pallikaranai which is near to OMR road is becoming a hot commercial hub. You can easily go to your office or business establishments from Pallikaranai which enjoys less population compared to nearby locations.
You can buy a two or three-bedroom that comes with a floor size of 2000 sq.ft in 4th Main road, Pallikaranai.
“You will get comprehensive information about completing, new and ongoing projects when you explore the online classifieds”
Madipakkam which is few kilometres from most happening places namely Velachery is one of the best residential localities that enjoys perennial water, transportation and communication.
You can invest in 2 and 3 BHK bedroom properties constructed in Sivaprakasa Nagar. The size of the project is 8 units and the floor sizes range from 750-1800 sq.ft
Dev Appartments is a well-established builder who has years of experience in residential construction.
They select the best locations near ECR only after careful analysis and inspections. The selling prices of residential projects that were constructed and sold by this reputed firm have seen drastic increase which has come as a surprise to owners.
Dev Appartments has constructed luxurious properties near ECR marine drive and also near Mayajaal multiplex and sold most of them to new owners.
Adyar, as always, is a posh locality which is near to Besant Nagar beach in Chennai. This recognised builder has constructed fully-furnished and semi-furnished residential complexes in the heart of Adyar. You can find brand new properties in the following places which come with incredible floor space and classic facilities.
Gandhi Nagar – Gandhi nagar is a wonderful residential locality which enjoys perennial drinking water and groundwater. Dev Appartments has constructed a luxurious two and three-bedroom apartment in this rapidly growing locality.
3rd Main Road, Kasturba Nagar – Kasturba Nagar is a serene residential locality which also enjoys pure and tasty drinking water. There are lots of schools and entertainment centers that will keep you occupied round the clock.
Properties owned by Dev Appartments also stands aloft in other important locations in Adyar like 2nd Main Road, 9th Cross Street, and 7th Cross Street that enjoys all types of facilities and amenities.
Thiruvanmiyur – This is one of the most happening places in the city of Chennai. Dev Appartments has built apartments in Kalashetra Colony and Alcot Kuppam Road. Priced nominally these properties are worth buying and settling with your family members.
Homebuyers who are planning to buy properties in ECR or nearby areas should approach reputed builders who have gained prominence in construction activities. They should fix an appointment with the sellers and negotiate a deal.
You can find scores of ultramodern luxurious multi-story high rise apartments in ECR roads which are promoted by branded construction companies. You can pay a direct visit to the construction site and scale
Analyze your property requirements before posting your advertisement on online channels and classified papers.
If you want to buy an affordably priced S.Kolathur which is near to ECR road, then the best choice will be Bhavani Street since it is a wonderful residential locality that enjoys silence and peace.
The floor sizes of 2 and 3 apartments range from 800-955.
Neelankarai which is near to Thiruvanmiyur is the fastest developing residential area in Chennai. It is very close to marina beach and ECR road and plenty of buses ply from Neelankarai to Chennai city.
It is worth noting that you can buy 2- or 3-bedroom flats constructed inside Peacock Enclave – 2nd phase.
The prices of apartments near seafront is usually costlier than the properties built away from such places.
So, you should carefully analyse your property requirements and scale the properties before taking the next critical steps.
You can sit and relax deeply when you purchase a 2 or bedroom apartment in Villas constructed near Pushpa Avenue which is in a place called Palavakkam.
It is a few kilometres away from ECR road. You can visit the site directly and explore the facilities and amenities before making the payment.
If you have six or seven family members residing with you, then decide to buy 4BHK House in Adyar which is a plush and cozy area.
Wealthy investors who are planning to buy expansive luxury villas at best prices should focus on places like Pushpa avenue which is in Palavakkam.
You can find a premium luxury villa that comes with ample parking space when you search for free online classifieds that provides information about the house for sale in Chennai.
1st Main Road, Gandhi Nagar which is in Adyar is the best residential area that is surrounded by lush trees and greens.
You can reach Besant Nagar beach and ECR road within a few minutes since they are close to this place. If you are longing to buy commercial spaces at the best prices, then Gandhi nagar is the best destination.
Property values are seeing consistent raise amid global pandemic and it will hit a new high in the coming months. Builders all over Chennai are offering freebies, discounts and offers for two, three and multiple rooms properties. You will get the latest information about properties for sale in Chennai when you explore free classified sites.
Heart of Chennai is becoming cramped since plenty of commercial activities take place here. If you are stressed out and planning to move away from polluted areas of Chennai, then you can book an apartment constructed near to ECR.
You will get instant relief from mental stress and restlessness if you move to serene and silent zones near ECR. Neelankarai is a wonderful place which is free from traffic, pollution and noise.
You can lead a happy life when you buy a palatial apartment here and settled down with your family members.
Listed below are factors that you need to consider before buying a property in ECR
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