Tambaram and Urapakkam started gaining high ROI due to Infrastructure Development
Are you a Chennaite looking for your dream residential Flats in Chennai? Urapakkam and Tambaram are the places that can make a dream come reality for all income groups because of its availability of myriad range of residential homes. These two areas have become prime localities for flats for sale in Chennai with the development of civic infrastructure and good accessibility.
In the recent research, experts and public accepted these 2 key localities to be the best residential place for everyone including families, bachelors and senior citizens because of its presence of ATM’s, schools, hospitals, banks, industries and many. Though these 2 areas offer affordable properties, 2 BHK apartments in Chennai are noticing high sales than other housing units. Since these 2 areas are in fast developing state, Chennai Corporation are bringing new infrastructure projects such as construction of airport, extension of proposed metro project from airport to Vandalur etc. Also, government recently has run a campaign ‘my waste, my responsibility’ to keep these places garbage free that keeps residents of flats in Chennai to live a healthy life.
All these factors together are the reason for increase in appreciation of properties in Tambaram and Urapakkam. Though in the past, pricing noted ups and downs for flats for sale in Chennai but over time, pricing of residential houses and plots were increasing gradually. Also, resources has reported that residential properties will witness good appreciation value in the near future and thus perfect option for long term investment. Compared to 2014, 10% increase has been noted in 2015 for 2 BHK apartments in Chennai.
Think of the proverb ‘Make hay while the sun shines’ and utilize this golden opportunity wisely.
Post Your Ad Here
Comments