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Which locality in chennai is best for investment?

Discussion in 'Chennai Real Estate' started by Akshay george, Jun 30, 2015.

  1. Akshay george New Member

    There are many localities but Perungudi is the best locality for investment in Chennai suburbs. This locality is just 10 km away from Adyar. It comes under OMR road. Ahh!! It's not Old Madras Road It's Old Mahabalipuram Road in Chennai.
  2. Thanks Akshay for the share .Bangalore is a great city with luxurious living standards.Buying a residential property in Bangalore in the present times could offer good cost benefits to a buyer who can now purchase a dream home at much affordable price.
  3. akruti_rai New Member

    There are a few good places in Chennai where investment would be a good option. OMR, Perumbakkam, and Anna Nagar are the most popular ones right now with a variety of projects coming up, by reputed developers. Radiance Realty is launching projects in all 3 places right now and at good rates. Ranging from premium apartments to normal affordable flats. You can find more information here. http://bit.ly/1V9iOvM
  4. swathisharan New Member

    OMR,Madipakkam,Pallavaram,Chromepet and Porur are the good locations to invest in chennai and also affordable too.
  5. silvadavid New Member

    For investment OMR is the best location. There are many high quality construction going on in OMR. I have invested in Radiance Realty which is under umbrellabranch of Varun Manian owned Radiance Group
  6. liyans Member

  7. gurunath New Member

    As one other person mentioned on this forum, the Old Mahabalipuram Road (OMR), Eggatur seems like a good choice - at least for working professionals. This is because I like how you can easily have access to your work place (or find a new job in these companies) because of the SIPCOT IT Park.
    I would go on a limb and suggest buying an apartment from the House of Hiranandani project. They have a good reputation and are known for their premium apartments in Chennai.
    They are closely located to the IT Park I mentioned above, which makes them ideal for working class people. The flats are available in 2, 3, and 4 BHK; these are luxury apartments.

    The houses have all the necessary amenities such as 24 x 7 water supply, electricity, the HUS school, and the popular Blue Turtle Club. You will also find here a daycare center and a supermarket. Other luxury facilities include: Heated Jacuzzi spa, swimming pools, jogging tracks, etc.
  8. sneha rajput New Member

    You can invest in a flat on the Old Mahabalipuram Road in Chennai. The main reason why this area is said to be the prime locality of Chennai is its proximity to the SIPCOT IT Park. Also, many markets like Taramani, Perungudi, and Thoraipakkam are easily accessible from this area. If you are looking to buy a flat in a building that has the latest amenities, then you can consider Anchorage by House of Hiranandani. The Anchorage tower is going to be the tallest building in Chennai and the second tallest building in South India. As this project includes world-class amenities like swimming pool, playground, bar, cricket pitch, etc., it is a great investment for your family. When I compared the other flats for sale in Chennai with Anchorage, I found it to be far better.
  9. gurunath New Member

    It’s a good decision to invest in a metropolitan city like Chennai. I would suggest you to check out OMR area (Old Mahabalipuram Road) if you are looking for long term gains. You can check out Anchorage project by House of Hiranandani. This property is spread out in an area of 120 acres. It is a 45 storeyed, gorgeous building that offers breathtaking views of the nearby Bay of Bengal and the backwaters. Situated closely is the Tiana project, which is a 33 storeyed landmark offering serene views of Muttukadu waters and Bay of Bengal. Bayview, another towering structure by Hiranandani has a 40 storeyed building, having 4 apartments per floor. If you are looking for luxury apartments in Chennai, these projects would be an ideal pick. You will find amenities like swimming pools, Jacuzzi spa, jogging tracks, squash, badminton, and tennis courts, children’s play area, cafes, schools, refreshment zones, etc. in this area.
  10. Ashwin New Member

    Ambattur is the best locality for investment in Chennai. I recently purchased an apartment in Ambattur with excellent world class amenities.
  11. Krishna VS New Member

    There is enormous number of options if you are looking for flats for sale in Chennai at affordable prices suitable for every income group of the city. Different types of apartments ranging from 1 BHK to 4 BHK at acceptable prices are being promoted by very large number of builders across the city. The localities like Pallavaram, OMR, Kelambakkam, Radial Road Chromepet, Thoraipakkam, Perumbakkam are gaining attention among property seekers. There are many well-known builders in the city delivering successful projects. Choose the right one matching all your needs and preferences. I would suggest you to search online portals specific to real estate properties. One such portal is Chennai Properties, one of the best property websites in Chennai. Do check their website for more information.
  12. Saloni Mehta Member

    Areas like ECR, Kelambakkam, Tambara, Mudichur, Pallavaram, Thoraipakkam, Padi, etc. would be feasible options for investment purposes and better appreciation returns.

  13. Vimal New Member

    Old Mahabalipuram Road (OMR) is a great location to invest in Chennai. OMR is also known to be one of the fastest growing locations in Chennai and has developed drastically over the last few years.

    There are many good projects on the OMR stretch that you can choose from. The one I recently visited is House of Hiranandani and I quiet liked it. It’s bang opposite SIPCOT IT Park and hence would be easy to rent out.

    You can check the properties http://www.houseofhiranandani.com/chennai/egattur-omr
  14. Door hunt New Member

    Real estate industry is an emerging industry. Before buying or investing in a property in chennai , Visit Doorhunt for buy/rent properties in chennai
  15. Gourav Chaudhary New Member


    Old Mahabalipuram Road, (OMR)
    You Can Try These location for Maximum Return On Investment. For More Rental option and Buying option You can Visit Honest Broker
  16. PRIYANKA_014 Member

    hiranandani oragadam is best for investment. Known for our statuesque high-rise towers, stunning neo-classical architecture, and master- planned townships replete with amenities, we now add to our repertoire by presenting a bouquet of Villas, Villa Plots, and Apartments in Chennai.
    Living in Hiranandani Parks means living under a green cover of over 2000 preserved trees or beginning your day with a choice of over 40+ amenities.
  17. nizam1393 New Member

    Hi... In 2021 I would like to suggest the radial road ( from off OMR - thuraipakkam till pallavaram bridge) this stretch is growing rapidly ... prominent commercial establishments like embassy and residential communities like Shoba are coming up in the stretch.... close to airport as well... Many resale and new properties are available for sale in this locality.. if you are looking to connect with resale owners and builders try Nobroker.com or findbhk.com .. you can connect with owners directly .. All the best....
  18. real_buzz Moderator

    I like area around porur like mangadu etc. Because this area is still affordable and you can get good returns on real estate investment.

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