Top 3 Neighbourhoods for Property Investment in Chennai
July 22, 2020
Chennai is a burgeoning city full of opportunities and possibilities. It is among the most lucrative real estate markets, thanks to its transforming landscape. It is brimming with potential investment options and many are choosing this city to find their dream homes and settle down.
Over the years, Chennai has witnessed a significant shift in its pace of life. The growing presence of the IT, automobile and healthcare industry has contributed to numerous employment opportunities, which has led to the rise in social and commercial establishments across the city. Given the continued expansion, many up and coming neighbourhoods have become popular choices for investment. Take a look at the top 3 localities of Chennai that are excellent choices for those looking to settle or invest in a home –
Located in the northern part of Chennai, Madhavaram is a closely connected and strategically located neighbourhood. It is located on NH 45 and in close proximity to Anna Nagar, which makes it a popular choice for many. It is also minutes away from the new proposed metro station, along with being well connected to all parts of Chennai through MTC buses. Madhavaram is an established neighbourhood brimming with modern lifestyle conveniences, such as hospitals, schools, colleges, banks, and restaurants.
One of the main contributing factors to the popularity of this part of Chennai is its convenient location. Madhavaram is known for its vibrancy and accessible location. If you are on the lookout for apartments in Madhavaram, be sure to check out Casagrand Northern Star. It is a sprawling residential property consisting of 382 luxury apartments in configurations of 2, 3 & 4 BHK apartments.
From a small underdeveloped locality to a self-sufficient, urban township, Korattur has come a long way. It is a part of the Ambattur Zone of the Chennai City Corporation and only minutes away from Anna Nagar. It is one of most thriving neighbourhoods in the northwestern part of the city and has seen massive large-scale development over the years. The increasing potential of this locality has made it a residential favourite, especially with the improvement in all-around infrastructure.
It is also a great neighbourhood for investment options as it provides great returns. You can check out flats for sale in Korattur at Casagrand Asta. It is a massive apartment complex spread across 5.4 acres, consisting of 325 luxurious apartments. It is Chennai’s first kid-themed apartment community and there are several schools and colleges located in the vicinity. It is an ideal residential neighbourhood for growing families with plenty of landscaped gardens and picture-perfect views.
One of the most popular fast-developing residential neighbourhoods in West Chennai, Mogappair is among the best real estate investment destinations of the city. It offers a peace living experience with some great lifestyle perks, such as living in close proximity to modern day conveniences, connectivity in and around the city and the advantage of living close to greener spaces. Mogappair, too, is very closely located to Anna Nagar, and other major localities of Chennai.
Mogappair is an ideal example of rapid development, in terms of infrastructure and premium residential properties. You will find some of the best flats for sale in Mogappair at Casagrand Tudor. 441 extraordinary apartments within a sprawling expanse of 6.3 acres, together with exclusive amenities for all age groups. It is one of the finest residential properties of Chennai and definitely an ideal choice for those looking to buy property in Chennai for productive investments.