Top 5 property Investment Areas in Chennai for Best Returns

Bangalore : In today’s world, buying a land in metropolitan cities has become the greatest investment. Deciding to invest in Chennai is one of the crucial investment decisions a buyers take among the various investments available. With the development of apartments and villas in the vicinities, it is really a challenging task for buyers to decide a right place for investment. Buying and selling properties have picked up pace in Chennai by keeping the realty trend on a positive side. There are numerous positive factors that continue to make Chennai more appealing than other metros. Chennai has turned rapidly into a manufacturing hub due to the establishment of carmakers like Hyundai, Renault-Nissan and Ford as well as other industries and factories, IT industries, Telecom and many. All these establishments are creating a big investment opportunity in this city with high growth and shooting prices.

Ideal destinations in Chennai for property investment:

Based to the researched, there are few areas that are growing by leaps and bounds over other areas. The below mentioned localities are the best and most preferred areas in Chennai for property investment.

OMR (Old Mahabalipuram Road)/ECR

OMR is the most sought after place of IT professionals and auto mobile workforce. OMR is referred to as an IT/ITES corridor of Chennai. It is well connected to Aurora and easy access to city through IT express way. With the house of Educational institutions, health care centers and entertainment centers OMR emerged as a nice and peaceful locality to home buyers. This vicinity has got a habitat along with good transportation facilities. The booming infrastructure and in-house amenities are attracting potential investors into making investments in the locality. Moreover, this locality is well connected to all transpire places of Chennai. The panorama of living near the beach makes ECR as the best locality for investment. The current price trend of this locality is from 4153 to Rs 5000 per sq ft.