Why Invest In Chennai Real Estate Market? - Best Property Blog in India | Property Blog | Real Estate Tips

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Monday 18 February 2019

Why Invest In Chennai Real Estate Market?


Below are the reason to invest in Chennai Real Estate Market
  • Chennai is one of the biggest economic, cultural and educational centres in South India.
  • The city was the ranked as the safest in India by Mercer in the Quality of Living Survey.
  • Chennai is called the 'Detroit of India' because of the presence of various automobile companies.
  • Chennai's well-developed infrastructure provides the base for development for industries. This, in turn, leads to an appreciation in real estate.
  • The current population of Chennai stands at almost 9 million. The city is witnessing a rapid growth in population creating a demand for housing.
  • The combination of better education, better employment opportunities, better quality of living attracts migrant population here leading to appreciation in rental yields.
  • Chennai has an excellent transport network that is being strengthened continuously with the addition of new road, metro system, mass transit system.
  • Chennai's rapidly developing IT, ITeS sector ensures that employment opportunities witness an upward spiral. With rapid industrial growth especially in IT sector, demand for office spaces is on the rise.
  • The real estate market in Chennai has been on a continuous incline for the past few years. This trend is expected to continue well into the future.

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