Looking to buy a Residential Land in Ayanambakkam Chennai
Looking to buy a Residential Land in localities of Ayanambakkam Chennai in the budget range between Rs30Lacs to 50Lacs.
The Land can be a CMDA approved plots in Mel Ayanambakkam or Kel Ayanambakkam.
Un Approved Patta Land with good Road facility is also preferred.
The Available plot in Ayanambakkam may have good Access to Vanagaram – Athipet Main Road. The Access to 200 Feet Chennai By Pass (Tambaram – Redhills) is also Preferable.
Should be a good locality surrounded by Residential properties.
Please contact: +91-9994287060
email: home4chennai@gmail.com
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The original Property buyers and sellers are Welcome….
Looking to buy a Residential Land in Ayanambakkam Chennai
Scenario of Real estate in Chennai
In Chennai, the real estate industry specially in south, has seen an upthrust in real estate Cost this quarter, thanks to the most considerable upsurge in IT Sector & infrastructural developments like 400 feet Outer Ring Road (connecting it to Northern part of Chennai). The Cost have soared reasonably high; in consequences, the flats in this region of Chennai raised and went out of the affordability range of the Tiny investors. looking this, the overall demand has dwindled, while the supply is still huge. This scenario has resulted in a mismatch in demand-supply ratio in Chennai Real estate industry, and thus, abundant of residential inventories are staying vacant. Old Mahabalipuram Road (OMR) is witnessing a high mismatch of demand-supply ratio.
Though North has uniformity in appreciation of properties for the Past 10 a years. Now the appreciation of prices in the current quarter, there is a good demand for flats for sale in Chennai. This has made a cover for the present set of Residential and commercial inventories. A Drastic Growth boost in real estate has also been witnessed in peripheral regions of the Chennai city. The prices in localities like Mogappair, Anna Nagar, Ayanambakkam, Kolathur, and Korttur have escalated too much. A 800 Sqft to 1000Sqft 2 BHK Apartment in Anna Nagar or Mogappair can cost a property buyer up to a crore, though the low cost options are also available. In localities like Ambattur, Thirumullaivoyal, Thiruvakkadu, Ayyapakkam, Thiruvika Nagar, Villivakkam, Madhavaram, & Avadi, a two-room Flat can be bought in the range Rs20-40 lacs.