Chennai Real Estate: Story of Rising India

Property in Chennai

Chennai Properties represent a big name in Indian real estate and as the scene gets bigger Real Estate Chennai also is fast becoming for SEZs. Both formal and in-principle approvals have been granted for setting up of Special Economic Zones as well as other miscellaneous requests pertaining to SEZs.

Commercial property in Chennai

It is one of the places where real estate company intends to set up either 5-star or business hotels. IBM is expanding its operations in Chennai and has a new Global Delivery Center. Office space in Chennai is highly appreciating even as the commercial property market in Chennai is seeing new space this year reflecting a boom in demand in the city for office space. The total projected supply has been absorbed, which is not a surprise.

Residential Properties in Chennai

For those willing to buy house in Chennai, Puravankara Projects Limited has many residential projects up its sleeve. One of its projects is situated at Kelambakkam on the Old Mahabalipuram Road and offers those looking to buy flat in Chennai.

Parryware Roca Private Limited are creating world class bathrooms in all their latest upcoming projects across the city, with unmatched quality, international designs and state-of-the- products. Architects, senior consultants, builders, corporate, government institutions are actively involved in bringing a change in the attitude and lifestyle of people.

Companies operating overseas are also planning to invest around $13 million in Chennai real estate. Solitaire, luxury apartments in the lifestyle homes segment has been launched by Vijay Shanthi, South India's leading real estate developer, located on the main road in Seevaram Village, Old Mahabalipuram Road in Chennai.

Sales activity of residential units by big real estate investment companies, in Chennai is very heartening.