Unlike other major metropolitan cities of India, Chennai does not witness immediate buying and selling of properties for quick money. Such Real Estate dealing trend cannot be seen in Chennai and hence the market is least speculative when compared to other metros.

1. Chennai betters Mumbai and other Metros
in Real Estate business

2. Real Estate in Chennai witness a stable demand trend even when economic slowdown has affected
most industries across the world. One of the most important reasons for this is that South India’s
major metropolis is largely an end-user driven market. Other metros like NCR and Mumbai
demonstrates major price upheaval throughout the city but Chennai observes such price increase
only within certain pockets. This means that there continues to exist many regions that are still
accessible by the middle class community price-wise. Apartments for sale in Chennai have
differential price tags depending upon their locations and hence a large cross-section of buyers can
make these properties their home even today.
Here are some quick and obvious reasons that keep the demand and growth of Real Estate market
in Chennai relatively stable regardless of the economic conditions in the country or outside.
Lack of Speculation!
It has now become obvious that Chennai’s Real Estate
market is influenced by end users. Investor participation
here is long term and people prefer apartments for sale
in Chennai largely for investment or residential purpose.
Unlike other major metropolitan cities, Chennai does not
witness immediate buying and selling of properties to
realize quick money. Such Real Estate dealing trend
cannot be seen in Chennai and hence the market is
least speculative when compared to other metros.

3. Buyer Preferences
The demand of apartments for sale in Chennai is backed by concrete preferences of people since
they are used for the purpose of primary consumption. Real Estate investors in Chennai are specific
about what they want to buy, their requirements are concrete and long term. So, the market is not
filled with properties of low standards and quality. Anything and everything do not sell in Chennai
and because of that prices are also more or less stable.
Chennai is Expanding...
Although there is a strong preference towards the
Central Business District when it comes to buying
residential flats, people have begun to move towards
greener and more open pastures in search of the right
property. Therefore, the paradigm shift towards the
city’s peripheral and suburban regions has opened up
the market and resulted in steady prices.
Increase in Township projects
Chennai over the years may have seen considerably fewer township projects but this is expected to
be a new trend since many builders in Chennai are today focusing on the creation of integrated
townships over and above the regular flats for sale in Chennai.

4. Integrated townships represent living spaces that are combined with all facilities required for
leading a happy and modern lifestyle. This means the presence of schools, hospitals, medical
centers, fitness clubs, retail units, recreation centers and other commercial activity spots within the
compound of where you live. Chennai is today home to integrated townships and several flats for
sale in Chennai are today built this way. Large integrated townships are sprouting in different
regions of the city thereby making Chennai affluent, contemporary and efficient.
Variety interests public
Individual houses, flats and Villas that constitute residential Real Estate in Chennai comprise of
different kinds and types of units. Flats for sale in Chennai by itself are of different kinds ranging
from amenities to budgets and beyond.

5. Modern Apartments
Apartments for sale in Chennai today are state-of-the-art homes that are spacious, have lot of lung
space and Eco-friendly abodes. They are tastefully architected and meticulously constructed
conforming to environment friendly norms. Quite contrary to the apartments of earlier decades,
modern apartments look opulent and are constructed to suit the palate of urban customers.
Moreover, there is an abundance of contemporary amenities in the new age apartments that range
from power backup to swimming pool, sports courts, security, play area, fitness centers and
clubhouses. Most apartments today come with these works and are hence preferred by investors.
There are several flats for sale in Perumbakkam and Medavakkam, and some other preferred
locations of the city that house a profusion of urbane amenities.

6. Opulent Villas
Villas and farmhouses are largely constructed in the suburban locations of Chennai since availability
of land in the CBD is scarce for the development of sprawling villas. Villas are built on large plots of
land and represent community living that characterizes urbane lifestyle.
Today, flats for sale in Chennai have internationally emerged as the primary destination of long
term investment. Although there is heavy demand for specific locations, Chennai by itself presents
a very lucrative market for investors from within
the country and abroad. This scenario has become
especially true after the PriceWaterhouseCoopers
report that put Chennai on the top list of best
investment destinations in Asia Pacific. As the
visibility factor of the city improved, more and more builders are showing interest in creating
architectural marvels in the city. And it is not just the Central Business District (CBD), even the flats
for sale in Perumbakkam and Medavakkam(suburbs), OMR and Oragadam are observing invincible
demand.
Builders in Chennai