by FranchTop 5 Micro markets to invest in Chennai
Chennai is one of the most populated cities in India and is known for its vibrant culture and business opportunities. With the city’s growing population, property prices have been rising steadily, making it difficult for first-time buyers to enter the market. Despite this, there are still some great micro-markets in Chennai that offer excellent value for money and are perfect for those looking to buy real estate in the city.
1. Velachery: This is a rapidly developing area located close to the city centre and has seen a significant increase in property prices over the last few years. It is a great option for those looking for a property in the city that is close to all the amenities and has great connectivity.
2. Tambaram: This area is located to the south of the city and is home to many IT parks and educational institutions. It is a great option for buyers looking for affordable properties in the city and the area is well connected with the city centre.
3. OMR (Old Mahabalipuram Road): This is a rapidly developing area and is home to many IT parks and educational institutions. It also offers great connectivity and is a great option for those looking to invest in real estate in Chennai.
4. Manapakkam: This is a suburb Chennai. Manapakkam is located along the Mount-Poonamallee Road. It is now a home to many IT companies like DLF Cyber city and Larsen and Toubro. Manappakam has beautiful and scenic Adyar River Bank Trail suitable for morning walkers and joggers, it is a 3-km stretch extended till Chennai Airport’s secondary Runway Bridge. This area has seen a significant rise in its property prices due to the presence of many IT parks and educational institutions. It is well connected with the city centre and offers excellent value for money.
5. Anna Nagar: This is one of the oldest and most sought-after neighbourhoods in the city and offers excellent connectivity and all the amenities. It is a great option for those looking for a luxurious lifestyle and excellent investment opportunities. These are some of the best micro markets for real estate in Chennai and all of them offer excellent value for money. So, if you are looking to invest in real estate in Chennai, you should consider these micro markets.
Franch Realty strongly represents buyers and sellers in each of these markets. Do get in touch with us whatever your requirement may be.
