From the last couple of years the real estate market of Chennai has witnessed a steady growth both in residential as well as commercial segment and now it’s ready to deliver the rising expectation of real estate industry. Chennai is also known as ”The gateway to south India” which is located on the south Eastern coast of India in North Eastern part of Tamil Nadu . Chennai is blessed with rich natural and cultural heritage and one of four metro cities in India, like Mumbai Delhi, Kolkata and the 10th fastest growing cities in the world according to Forbes.

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The Reality Market of Chennai is Moving like Chennai Express
From the last couple of years the real estate market of Chennai has witnessed a steady
growth both in residential as well as commercial segment and now it’s ready to deliver the
rising expectation of real estate industry.
Chennai is also known as ”The gateway to south India” which is located on the south Eastern
coast of India in North Eastern part of Tamil Nadu . Chennai is blessed with rich natural and
cultural heritage and one of four metro cities in India, like Mumbai Delhi, Kolkata and the
10th fastest growing cities in the world according to Forbes.
Chennai Central Station
Chennai Central Station Chennai is not only famous for its exotic sandy beaches ,parks and
historic buildings and monuments like Marina Beach, Elliot’s Beach in Besant Nagar , Guindy
National Park , Arignar Anna Zoological Park, Madras Crocodile Bank Trust, Vadapalani
Murugan Temple , The Anna Centenary Library, Escape Cinemas .
The real estate market of Chennai is showing tremendous growth from past three to four
years in both residential as well as commercial segment by 150 percent appreciation in
property values, and provides wide range property option to the buyers, investors, NRI who
are investing in these projects with an objective of maximum appreciation.

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Reason behind the Growth of Chennai Real Estate Market
There are many factors which contribute in development cycle of real estate market of
Chennai and give opportunity to local and national developer to build projects by identifying
present and future demand.
The small and large scale industry whether it is Automobile to IT/ITES or textile industry.
Chennai has nearly base of 30% of India’s automobile industry and automobile component
industry, some companies like Hyundai, Renault, Nissan Motors, Ashok Leyland, Ford, BMW
and Mitsubishi.
IT/ITES sector is one of major contributor in the real estate growth of Chennai and
increase the demand and capital values of property, Major IT and service sector companies
and many national and private commercial bank are open there offices in different parts of
Chennai, which creates job opportunities for many professional, As result it lead to increase
the demand of housing, For examples Development of Tidal IT park in Chennai and many
company such as Dell, Wipro, Nokia, Siemens. It has the largest electronic hardware
exporter in India, and many more development and investment from government and
private sector brings Chennai’s real estate market on the fast track.
Infrastructure
Chennai had strong backup to fulfill the infrastructure and trained manpower need of many
company’s whether it is Automobile, IT/ITES, Textile, chemical, Electronic industry.
It had strong communication network such as undersea fiber-optic cables, which connected
the city with the rest of world, and ample amount of power supply to industries; to fulfill the
human resource gap Chennai had world Class University and institutes such as IIT Madras
and Anna University.
Chennai had strong connectivity whether it is by bus, rail road and air. The Golden
Quadrilateral which is connected to other Indian cities by four major National Highways
(NH) that originates in the city.
Hot Property Location in Chennai
OMR : Old Mahabalipuram Road(OMR) is one of the hot property destination is a major
road in suburban Chennai, India, beginning at the Madhya Kailash temple in Adyar in South
Chennai and continuing south till Mahabalipuram in Kanchipuram , ultimately merging with
the East Coast Road . OMR is growing to become the large IT/ITES hub and lots of
investment is going there, connectivity with road, availability of all amenities, shopping

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malls, and availability of luxury and affordable real estate projects from famous developer,
providing best opportunity to invest and get value for money.
Sriperumbadur : Sriperumbadur is located 40 km west south-west of the city of Chennai.
Sriperumbudur has seen rapid industrialization, attracting huge investments due to its
proximity to Chennai port, Sriperumpudur is known for Special Economic Zone and
manufacturing goods such as wireless handset, automobile, computer parts. The real estate
market of Sriperumbudur is growing with rapid pace and buying property is smart move
which give return in long term.
ECR: ECR is also growing to fame in real estate market of Chennai which is State Highway 49,
also known as East Coast Road (ECR) is a two lane highway in Tamil Nadu, built along the
coast of the Bay of Bengal connecting Chennai with Cuddalore via Pondicherry. Many small
and large projects are going in ECR and give maximum option starting from low end to high
end luxury projects .It is center of luxury villas, penthouse entertainment center and beach
which give the 100 percent satisfaction to the property buyer.
GST: Grand Southern Trunk Road (GST Road) or National Highway 45 is one of the busiest
National Highways in Southern India. The highway exactly starts from Kathipara junction in
Guindy. The two important Cities connected by this highway are Chennai and Trichy and the
two important towns connected by this highway are Dindigul and Theni in Tamil Nadu.GST is
highly developed location in Chennai ,and with proximity to road ,airport,station and
epicenter of various large industrial investment such as SEZ Corridor is an emerging corridor
along an important arterial road called Grand Southern Trunk Road , Mahindra World City,
New Chennai, Shriram’s Gateway SEZ, Estancia SEZ, ETL Infrastructure and India Land SEZ.
Infosys, Accenture, Mahindra Satyam and EISL is an IT/ITES SEZ by ETL Infrastructure at
Chingleput
Adyar: Adyar is a developing area of Chennai surrounded by famous localities like
Thiruvanmiyur, Besant Nagar, Guindy, Taramani and Kotturpuram adyaris also considered
one of posh localities in Chennai. Due to nearness to the IT Park, road connectivity
availability of malls it property prices are soar up and housing demand are raised.
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