Real estates in Chennai are witnessing a good potential. Residential property in Chennai such as apartments in OMR and flats in Tambram are witnessing good demand. It seems things are finally moving positively for India properties Chennai. Also the recent earthquake also seems to have impacted the sales of India properties Chennai. Investors are now keener to invest in safer areas such as South India as compared to North India. Also the cost of construction and land cost are much lower in the southern part of the country which means residential property in Chennai is available at a much cheaper price, which makes it much more attractive from ROI point of view. However delay in projects and possession uncertainty has dampened the spirits of people who are keen to invest in Real estates in Chennai. As a result people are keener to invest in ready-to-move in residential property in Chennai such as apartments in OMR and flats in Tambram which have already been completed.
There are number of flats for sale in Potheri available in an affordable price. Although the ready to move in property is not feasible and practical for all as such India properties Chennai are much more expensive than the under-construction properties. To tackle with possession related problems many people choose to take construction-linked-plan or possession-linked-plan. Other gets a penalty clause added in the sale agreement to safeguard their interest. There are many builders coming up with new projects having flats for sale in Mangadu in an affordable price.