The Biggest Reasons

why Real Estate prefers Chennai

Chennai has in the

recent times grown in

length and breadth in the Real estate sector. Although, a large portion of this

massive growth is attributed to the development of IT, automotive and

manufacturing industries, Chennai itself enjoys favorable elements like

location, infrastructural growth and abundance of amenities besides others. A

number of reasons thereby contribute to the growing percentage of land and

residential plots for sale in Chennai. The city is a metro. It may have been

perhaps the last to grow economically when compared to Mumbai or Delhi. But

it has amazingly managed to pick up and gather pace than any of its

metropolitan counterparts.

The biggest reasons Real estate companies and investors prefer

Chennai is simply because

• There is availability of lot more land parcels in Chennai than there is in

Mumbai, Delhi or Kolkata.

Availability of land is directly

and primarily responsible for

development of Real estate

empires regardless of commercial

or residential requirement.

• The plots for sale in Chennai are relatively more affordable than it is in

other metropolitan cities by a big margin. While it may be easier to

secure properties and land at that prices in Tier B and Tier C Cities, the

advantage of setting up Real estate properties in a metro is completely

different. Hence, when economies of scale combine with metro tag,

Chennai seems to be a lucrative and attractive destination for buyers

and sellers alike.

• Chennai shows a lot of promise with regard to industrial development

and a prospering economy. A number of multinational majors and

important industries are making their entry into Chennai and hence are

directly responsible for the city’s growing economy plus they also

contribute to the increasing percentage of job opportunities in the city.

• Multiple opportunities invite job seekers from far corners of the country

and the world thus increasing housing and commercial demand in

Chennai.

The growth of Real estate scenario in Chennai is thus a circle of advantages

each contributing to the other in more ways than one. Every single land and

plot for sale in Chennai is a great piece of investment option if you intend to

realize larger returns even in the short term.

Frontier, Developed Residential Plots, ECR, Chennai

ETA Star Property Developers Ltd

Web: www.etastar.com