The real estate industry had a rapid recovery from the striking impact of the lockdowns during the pandemic. The property sales have increased significantly since last year in the form of investment. For this reason, most homebuyers are considering investing in the right location since it can benefit them in the long run. A good location is a driving force behind the property value.
We all know that Chennai’s residential real estate market is known to be a favoured investment destination. Although the property prices in Chennai are always appreciating, the sudden rise of interest in 2 BHK apartments in Chennai has amplified the rates faster than expected. Today, various locations in Chennai are worth investing in. This article will give you a brief insight into some of the most coveted areas for real investment in Chennai.
Ottiyambakkam is a prestigious location with the best residential projects in Chennai that are not only cost-effective but also have access to various amenities. Surrounded by ample greenery, apartments in Ottiyambakkam provide the best scenic views. This locality has a lot of significant communities and apartments with minimum noise pollution.
Kids prefer Ottiyambakam because of the abundance of greenery and independent children’s play areas in the locality. Since Ottiyambakam is one of the safest places in Chennai, kids can indulge in fun and frolic without any worry.
This place is well-connected to Medavakkam. Ottiyambakkam has all the essential amenities such as schools, bus stands, hospitals, and ATMs nearby. The best schools in this locality are the Anseito High School, TATVA School, etc.
Karani Main Road
Karani is a lively location in Chennai with shops, schools, and restaurants nearby. It is among the preferred location of homebuyers due to the availability of modern-day amenities like schools, hospitals, business districts, etc. Bollineni Renata is a popular residential community on Karani Main Road. Amethyst International School is a reputed educational institute in this locality.
Sholinganallur is situated in the southern part of Chennai on the Old Mahabalipuram Road. The locality is surrounded by the IT companies such as the Taranaki, Perugudi, and Siruseri. Half of the IT professionals in Chennai are usually residing at the Siruseri IT.
This place is full of nature and provides the best views, air, and greenery. Sholinganallur OMR figures prominently in the list of upcoming residential areas in Chennai. Several transportation modes are accessible that provide hassle-free rides to workspaces, restaurants, cinemas, and entertainment spots.
If you are looking for the best residential areas in Chennai, Perumbakkam is the preferable location. Perumbakkam has attracted the interest of the IT crowd, and they have set up their workspaces along the Sholinganallur road.
The main road connects Sholinganallur and Medavakkam, and people can find the most appropriate property prices. Velachery and ECR are nearby, which makes this place access to all the essential facilities. The road connectivity makes this place the most appropriate choice to buy properties.
Medavakkam is amongst India’s top housing investment destinations. In 5 years, property prices in this locality have increased significantly. Medavakkam is located near Sholinganallur, and IT employees prefer this location a lot. Here, travelling is easy since this place has the best connectivity to the rest of the city. Transportation will never be daunting as it is close to areas on the GST road and has easy access to air, bus, and train transport. Plenty of restaurants are located in this place, and central shopping districts are also within a 15-20 km radius.
These are some of the renowned places with the best residential projects in Chennai. When buying a house, the right location matters. A good location has a significant impact on the value of the house. Ensure that the location provides access to airports, malls, schools, other educational institutions, business districts, and the like.
People looking for a perfect home must check out BSCPL Renata – one of the most popular projects in Chennai, with convenient access to all central locations and landmarks in Chennai. Besides affordable 2 & 3 BHK flats, the presence of an amphitheatre, swimming pool, cricket practice pitch, gymnasium, and jogging track makes this a preferred destination for flat buyers.