Flats for Sale in Chennai
With slack in the real estate market in the other state of the country, Chennai is probable one of those few cities that has not been affected by real estate slowdown. This is probably because Chennai is mostly driven by end users and not speculators. There are speculators but the number is quite less. There are signs of growth in residential property section and builder are coming forth and building affordable homes to meet the residential demands of the increasing population of the city.
While there are various localities where people are investing in flats, some of the most popular areas that have caught the eye of the home buyer are:
* Sholinganallur: This locality is situated in the southern part of the city. Due the presence of IT or IT enables service companies nearby the demand for flats for sale in Chennai’s Sholinganallur region has raised manifolds. Most of the people prefer either 2BHK or 3BHK apartments in the range 751 to 1250 square feet.
* Guduvanchery : This place is situated on the Grand Southern Trunk road and is one of the most promising suburban in the city. It is well connected to other parts of the city via trains and buses. The areas surrounding Guduvanchery are Kattankulathur, Urapakkam and Vandalur. It is a good place for those who are in search of flats for sale in Chennai. Apart from luxurious apartment which are more than 2000 square feet , apartments that range something between 751 and 100 square feet are mostly in demand.
* Perambur: This is located in the northern part of the city and enjoys popularity among home buyers in the city because of the affordable apartments that are available there. Perambur is surrounded by localities such as Madhavaram, Villivakkam Kolathur and Anna Nagar.
Areas which are located in the western and the southern parts of the city come at a high price. These two areas have many luxurious complexes where large numbers of amenities are provided. Most of the housing complexes are built keeping in mind about the close proximity to healthcare facilities, train station, bus stands, schools, departmental stores and the likes. This is done so that the residents can enjoy an easy and comfortable life.