Why Chennai

Chennai is an amusing mix of tradition and modernity as it is the only city that shows off both cosmopolitan lifestyle and culture. Chennai, one of the major economic centers of the country is mostly contributing to the country’s global rise. Due to the rising IT companies, automobile companies, Chennai has always had a very good potential. All credit goes to the brilliant infrastructure development by both government and private bodies. To support the existing intra city transport, the Chennai Metro rail project is being proposed and no doubt the city is one of the coveted destinations for investment.

Chennai has excellent health, educational and infrastructural facilities. The city possesses the best medical facilities in the country, with Apollo, Vijaya and Shankar Netralaya to name a few. Earlier days Spencer Plaza was the only mall people visited but today malls are being constructed at different suburbs and people need not travel to one single destination for shopping.

With business brewing, the real estate firms are moving in to the city with residential and commercial properties. With regard to residential properties, the real estate firms in Chennai are coming up with new and innovative projects with lavish international standard specifications and state-of-the-art lifestyle amenities. These have totally transformed the city in to flourishing residential hotspot.

So what are the hot places to invest in Chennai? According to experts, South Chennai is the good place to invest money as there is a lot of infrastructure development and there are good chances of appreciation of properties. South Chennai is buzzing with construction activities in residential, commercial and retail sectors. Areas like Old Mahabalipuram Road (OMR), Grand Southern Trunk Road (GST) road and Oragadam has got good potential in terms of return on investment. Along GST Road, prestigious self sustained township projects like Palm Riviera, Royal Castle, Temple Waves, Heritage, Saffron Heights are offering high and low rise apartments, penthouses, independent and luxurious bungalows, with state-of-art commercial complexes, shopping malls, posh restaurants and entertainment zones etc.