Chennai has always been one the most convenient and beautiful places to reside in. The major localities in Chennai in terms of prices and the expected growth rate is Madipakkam, Nanganallur, Medavakkam and Adyar. The prices of these localities have increased rapidly during October-December 2016 whether it was under constructed or ready to move in. Out of the whole of Chennai, only Porur was the locality where a downfall in prices was witnessed. One can easily compare the trends of the localities and then decide to buy property in Chennai.
As said earlier, the prices of property in these locality are on a big rise. But it is also seen that these rates were a little inconsistent and thus it may be a bit tough to set or predict the future price trends here. The Flats For Sale Chennai have a price of 4, 1496,189 per sq ft, which may vary depending on the type of the apartment as well as the location. When it comes to living, these areas are rated higher by residents in regard to environment, Commuting and place of interest.
When you are new to Chennai and want to buy a residential place do proper research on the web and if it is possible you can try out physical survey of the projects. You must invest in apartments which are almost complete or is promised to be complete in less than a year as this will be comfortable for you to get further approvals.