Conventional to Contemporary Projects of Chennai

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Conventional to Contemporary Projects of Chennai Villas have been a thing of the West. As a matter of fact, a villa in Chennai was still a figment of reality even a couple of decades ago when investors in Mumbai and Delhi were attracted by its prospects there. But today, the transformation Chennai’s investor mindset has realized is definitely incredible. Chennai has shifted from the conventional and compact 1 and 2 BHK modest closer to Central Business District (CBD) properties to lavish and opulent farm houses and villas in more remote areas. While the change has not been overnight, the change has most certainly been quick and dramatic for a city like Chennai.

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Chennai has shifted from the conventional and compact 1 and 2 BHK modest closer to Central Business District properties to lavish and opulent farm houses and villas in more remote areas. The transformation is definitely incredible.

Transcript of Conventional to Contemporary Projects of Chennai

Page 1: Conventional to Contemporary Projects of Chennai

Conventional to Contemporary Projects of Chennai

Villas have been a thing of the West. As a matter of fact, a villa in Chennai was still a

figment of reality even a couple of decades ago when investors in Mumbai and Delhi

were attracted by its prospects there. But today, the transformation Chennai’s

investor mindset has realized is definitely incredible. Chennai has shifted from the

conventional and compact 1 and 2 BHK modest closer to Central Business District

(CBD) properties to lavish and opulent farm houses and villas in more remote areas.

While the change has not been overnight, the change has most certainly been quick

and dramatic for a city like Chennai.

Page 2: Conventional to Contemporary Projects of Chennai

Chennai: A mix of the old and the new

Chennai is known for its traditions, culture, food,

art and music and conventional mindset for long.

People visited the city to understand what is so

popular about its heritage. Gradually,

globalization and the need to grow infiltrated the

very soul of the city. Today, Chennai holds on to

its traditions while gracefully embracing

modernization and contemporary standards. Le

Chalet, a villa in Chennai stands testimony to the

changing Real estate perceptions of the city.

Transformation from Conventional to Contemporary

Not too long ago, residents of Chennai did not intend to extend their geographical

realms and places of stay and work beyond the CBD. This is one of the biggest

reasons why the central areas of Chennai are overly populated and even congested.

Today, Chennai is expanding given there is no room in the CBD for commercial or

residential real estate growth. Abundance of land in regions not too far away from the

central locations has further paved way to Chennai’s dramatic geographic expansion.

Page 3: Conventional to Contemporary Projects of Chennai

Commercial growth contributed to residential growth in these areas. As large scale

industries required massive lands that were unheard of in the city, plots, a little far

away from CBD gave way to construction of massive commercial empires.

Proximity to places of work made people move to these remote regions to stay in.

And increased incomes and high standards of living contributed to the development

of villas in Chennai. Residential townships, integrated societies, farm houses and

other opulent options closely followed suit. Chennai’s landscape is way too different

today from what it was even a few years back.

Page 4: Conventional to Contemporary Projects of Chennai

Le Chalet Villas, Sriperumbudur, Chennai

ETA Star Property Developers Ltd ' residential cum commercial

project in close proximity to the Irungattukottai SIPCOT area

which houses some of the biggest Industrial Giants like Hyundai,

Asahi Glass, Orchid Chemicals, Schwing Stetter, Hwashin

Automotive & many more ...