Which area is best for house in Chennai?
If you are looking to buy a property in Chennai, then Old Mahabalipuram Road (OMR), Velachery, Medavakkam, Guduvancheri and Porur should be the ideal choices. As per PropIndex, the quarterly research report of Magicbricks, these five locations are the top five preferred localities in the city for buying properties.
Which is the most populated area in Chennai?
Although Chennai city has population of 4,646,732; its urban / metropolitan population is 8,653,521 of which 4,358,612 are males and 4,294,909 are females….Chennai City Population 2011.
| Description | |
|---|---|
| City | Chennai |
| Government | Municipal Corporation |
| Urban Agglomeration | Chennai Metropolitan |
| State | Tamil Nadu |
How many unsold flats are there in Chennai?
At the end of 2020, there were 12,190 unsold housing properties in the Indian city of Chennai. Thereby, it followed the trend of the last four years continuing a stable decrease in the number of unsold housing units.
Which area is cheapest to buy a house in Chennai?
The Top 5 Affordable Localities in Chennai
- Pallikaranai. Pallikaranai was featured as one of India’s ‘top residential hotspots’ in a 2019 report released by Jones Lang LaSalle as an area that has a well-developed social infrastructure, excellent connectivity, and is affordable.
- Guduvanchery.
- Oragadam.
- Mannivakkam.
- Perambur.
Which area is best to buy flat?
In an under-construction apartment, floor rise charges will apply which makes living on higher floors marginally costlier.” You must also know that builders may charge you more for a north and east facing flat-cum-floor which is considered to be better when compared to one facing west or south.
Is Chennai bigger than Bangalore?
Currently, the area of Chennai is 1,189 sq km, Mumbai 4,354 sq km, Hyderabad 7,100 sq km and Bengaluru 8,005 sq km. …
What is Chennai population 2021?
11.2 million
Chennai Population in 2021 is 11.2 million (1.12 Crore), and in 2020 is 10.9 million, According to 2011 census, population of Chennai is 7 million with the area 426 sq km., Chennai urban agglomeration includes portions of Kanchipuram, Chengalpattu, Tiruvallur, Vellore, Thiruvannamalai districts adjoining the Chennai …
How many houses are vacant in Chennai?
Chennai has 20% completed unsold inventory in real estate, the highest percentage in the country, according to a recent survey by real estate services firm, Jones Lang Lasalle (JLL). As per a JLL survey, as many as 42,500 units are unsold, of which nearly 8,500 are in ready-to-move-in condition.
Is real estate down in Chennai?
New housing supply declined to 12,382 units in the 2020 calendar year from 13,756 units, Sood said. The average rate of new properties in Chennai stood at Rs 5,228 per sq ft at the end of 2020.
Which is the best residential project in Chennai for sale?
Chennai’s residential project, The Ace is offering property for sale. Check out some Apartment. Available configurations include 2 BHK, 3 BHK formats in Perungudi. It is a Under Construction project by Risland India. The Ace is set in an area of 4.23 Acres and is complete with various modern-day amenities.
What are the infrastructure projects from Chennai that are crucial?
Here are few Infrastructure projects from Chennai that are crucial in forming city’s real estate sector. Chennai Metro is the key factor for the growth in the suburbs of city. The seamless connectivity provided by the Chennai Metro Phase I have improved the way of transit from one end to another.
What is the Hiranandani Park apartment in Chennai?
Hiranandani Communities has lauched Hiranandani Parks Apartment in Oragadam, Chennai. A residential project spread over 50 Acres , it offers ample amount of facilities for residents. The project was launched in April 2007. It offers Ready to Move units. Popular configurations include 3 BHK, 3.5 BHK, 4 BHK units.
What is the best place to live in Chennai?
Bollineni Zion, located in Perumbakkam, Chennai is a residential development launched by BSCPL Infrastructure Ltd. Prominent suburbs of Chennai are close by and with several schools, hospitals, banks and offices situated in the proximity, the project is a preferred choice among home seekers.