Planning to invest/buy residential properties in Chennai?

Chennai’s residential real estate market has ample options when it comes to buy/investing in properties. Read the following post to know more about the residential market of Chennai.

Introduction

The property market of Chennai has been experiencing a rapid boom following its entry among the world’s top 12 best realty investment destinations. Along with this, the state government of Tamil Nadu has been investing in leaps and bounds in order to promote the real estate segment of the city.

Rapid infrastructure projects have been undertaken—flyovers, expressways, metro-railways are all a step towards giving a boost to the Chennai property market. Among all the majors regions, south Chennai is one of the best regions that have registered the maximum amount of real estate activities. Comprising micro markets like GST Road, Old Mahabalipuram Road (OMR), Tambaram, the south Chennai property market has recorded an appreciation in its property prices.

New Launches in Chennai

On the other hand, west Chennai property market comprising neighbourhoods like Velachery and Sriperumbudur, have been basking in the glory after it garnered an appreciation in its capital values. Needless to say that of late, Chennai has witnessed an upsurge of new real estate projects. Several builders are capitalizing on the potentials of the city. Let’s explore a few new projects that are coming up in Chennai.

Constructed by the Accord Housing Private Limited, Accord Mathura is a promising residential real estate project, all set to adorn the neighbourhood of GST Road. Offering cutting edge residential villas, Accord Mathura boasts of a project where investing is worth.

Similarly, the builders have launched two more residential projects in Sriperumbudur – viz., Accord Cosmo City and Accord Dell City. Accord Cosmo City is a promising residential project that offers plots and villas. Spread across 36 acres of land, there are 131 plots in the first phase followed by 240 plots in the second. Strategically positioned in the locality of Sriperumbudur, Accord Cosmo City is one of the best upcoming residential projects where investments are absolutely worth. Needless to say that the project comes fitted with a host of amenities—from swimming pool to large car park and also RCC framed architecture.

Sriperumbudur is also home to another upcoming residential venture by Accord Housing private limited. Spread across 25 acres of lane, Accord Dell City is a promising residential project offering residential plots for modern-day end users.

Exuding robust architecture and exquisite designs, the projects developed by Accord Housing Private limited are some of the best not only terms of lifestyle but also investments. So, if you are planning to invest in house in Chennai, now you know where to invest.