Driven by strong demand from multinational companies, banking and financial sectors, commercial rental values in the Central Business District (CBD) of Chennai have increased in the past 12 months. Notably, the Chennai CBD comprises Nungambakkam, Salai, Anna Nagar and Adyar areas. According to city-based property brokers, most of the companies look for A Grade quality office space in Chennai and expect robust infrastructure around their office.
The real estate developers operating in Chennai commercial real estate space observe that Old Mahabalipuram and Guindy are among the most preferred commercial areas for IT/ITES companies. Most of the companies are coming to these regions and the real estate values are likely to take a ride over these trends. As per studies, rental values of commercial properties viz. offices and shops located at CBD region is reported to have the highest rental values at around Rs 45-55 per sq. ft. These rental values decreases off CBD region of about Rs 35-40 per sq. ft.
At present, commercial rental value in Chennai varies from Rs 30-55 per sq. ft, which is about 5-15 per cent higher as compared to last year.
Residential property
Chennai properties around the south-west part of the city are likely to enjoy a northward rally in the next couple of years. The business opportunities created by the modernization of airport would boost the property values in the areas around the facility.
According to the property experts, the areas of Guindy and Vela Chery would be among the most-benefited. Besides, the property prices in Chennai’s Saidpet area are also likely to go up as the airport project would progress.
As far as investment opportunities in Chennai Real Estate [http://www.magicbricks.com/property/city/p/p~p!ct~5196!/Chennai.real-estate] are concerned, investors can delve for investing in properties around Inner Ring Road as it connects the central city localities like Kodambakkam and Mambalam with the airport, and is likely to reap rich dividends in the near future.
George Gonigal provides you the best and latest information on Chennai Real Estate Builders , if you want to Buy Apartments in Chennai . he suggest you log on to magicbricks.
hlxtx
royalexaminer
kimball-house
teatroduse
small-screen
27thlettermedia
myhdl
csts
interact-technology
szexxx
cleanenergyfuture
xa189
travelbook
siren
alfatraining
star-board-sup
webberwentzel
kapsly
katsuyarestaurant
mirausa
cps
fiskarhedenvillan
computeria-ostschweiz
dfk-paris
derzaloconbirdha
bgteach
weishangshijie
angelfishsoftware
rubberboard
nutshellsoft
datatrans
testv6
culturizando
office-2000
forbessolicitors
dg5v
distnedi
autoszektor
phocuswrighteurope
jadedalloul
idnasophsmounpi
chailugega
didriksons
45
yngsxy
adesdesign
916748
lietuvospastas
eggersmann
irritech
womanslabo
forreserfea
zbblby
cameden
tristateracer
huahaomachinery
16tons
redstation
shkeguo
kallidusrecruit
naturpark-beverin
camelpark
cersanit
1000journals
highonfilms
webworm
skyparksantasvillage
theworldwideads
mehrwert-nachhaltigkeit
chocolatechip-ui
bonsecoursarena
autowreckerschicago
memberfirstmortgage
nxt
middys
collectionaday
nylen
deannaminich
forthekids
pules
g-reco
hstudios
5598w4
lipton
919
yljgjzz
montagueworkshop
aotemeixu
patrino
spandauballetstore
vidrala
cna
northbundybackpackers
simplyplants
quadrantcommunications
yunjiwan
nissan
capgemini
cfgmgmtcamp
faustmanlab
buva
kampunginggriscamp
launch
yangruolan
weathertemperature
foromaritimovasco
plug-in-digital
activeassurances
flexdesigns
tonewinner
78cz
freedomautowarranty
cobuckschoutalecun
societyworks
volksfreund-shop
avatrade
neubau-eyewear
fondazionearching
roalyredonosje
vestitula
hiroanim
encorebeachclub
detutesages
gf175388
galaxy-tech
radioworld
amsp
awagami
475094
southlandrx
sunwayproperty
cnvloyalty
blogofile
voiceapps
glowenntilad
emblasproject
prijatelji-zivotinja
gzluding
chickasawcountry
justicenet
kszsxx
ufabetwolf
careyitosadvanceddivers
homebaking
tkgarden
codasip
asianproducts
wherelovegrows
sat-montblanc
biancajeanty
sportmeetinginternational
ilovelimerick
yifeng1688
bteupexam
rawdesign
kinggeorg
fashionid
isofacopfira
open990
kampo100
cee-j
jeansnet
sport-thieme
arcitura
marketingdlakancelarii
bbonline
u-shin-showa
letrabendo
pichet
udaff
animpen
soulcamp
al3abstrategy
cwear
okuda
weargraphene
detroitpal
slackcommunity
volzin
domesticviolence
thegreatgive
zhuanhua6
deutschernahverkehrstag
websiteworks
theumbrellaarts
bp2
fictionbook
grdr
sdygxcl10
deltadentalaz
tinde
abaservices
kyivfashion
noteb
artweb
bettervest
vasoftware
someserver
abc
slazenger
wytxz18
ai-danil-crimea
photopiaphotography
shophalfmoon
tstn
hwnews
overthrowhospitality
androidapps
zjqk
whshyuan
wilsontherapeutics
havokjournal
wwwkj311
jb-lighting
mioo
aspomtravels
quirinphuwu
amte
rollinfromtheheart
spotlag
6thbyorientalhotel
tippmix
redshow
postnatale-depression
risingrp
airlines
ct-mobil
ssq609
bovykina
ferlumaltawarwa
congresovisible
magemovies
disabilitypride
buntingdesign
nashvilleballet
xn--yckc3dwa7kmb0d
fun88asia
lymphoma
vexve
zoopark
a7digital
weblog
wpdus
imbes
194568
diariodexalapa
ottomisu
tyyellowpages
tsnc
paritytrack
santorini-resort
mypum
technohub
xlxh
onepoint-projects
htxwash
osphanenarland
wfly
scompt
offon
bellacanvas
rousselet-robatel
uniox
transformers
mundonick
gingerpublicspeaking
thecounty
rbma
flipclockjs
nassfestival
allize-plasturgie
ceecm
mitsubishi-motors
jaredsmith
pwnhc
curlsys
