Wednesday 17 July 2013

Explore the Neighborhoods of Chennai

If one is looking for 3BHK flats in Chennai then they can steer towards Anna Nagar, a residential bliss for the first time buyers. The following article talks about the same in detail.


Explore the Neighborhoods of Chennai

There is no doubt that India’s real estate has proven to be one good investment for the real estate developers and the clients. The realty market has lent a helping hand to the country’s economy and has placed the real estate market on a global map. One can effortlessly notice sky high buildings, swanky apartments and penthouses, independent posh villas, and shopping complexes in the metro cities. All this has been possible because of the realty developers that have stepped into both residential and commercial property with an intention to allure clients and provide them with a better lifestyle. The realty market has certainly witnessed a positive sign in cities namely Delhi, Mumbai, Chennai, and Bangalore among few others.


The Realty Picture

The real estate of India is ranked 20 in the global property market which is enough to prove the mettle of the country’s infrastructure. Given that we are discussing the realty market, we cannot keep away from discussing the commercial capital of Tamil Nadu i.e. Chennai. The city is the capital of the state Tamil Nadu and is also the educational, cultural and economic center of the state. Chennai has always managed to score high in the real estate market.


The real estate scenario of Chennai appears resilient to global economic threats and has witnessed a healthy rise in the sale of residential properties. Chennai is known for its swanky and affordable residential properties that have successfully allured clients in the last few years. The city has also observed a sharp rise in the living standard of people and thus first time buyers are willing to shell out heavy amounts with an aim to live a luxurious and comfortable lifestyle. The real estate developers based in Chennai have launched several projects in areas like OMR, Anna Nagar, Ambattur, GST Road, and Mogappair West that sheds light on luxury, modern concepts and quality residential projects.


New Trends

The property builders have focused on apartments and penthouses ranging from 1BHK to 5BHK imbibed with the modern amenities. However, mid range flats i.e. 3BHK have gained the maximum attention from the buyers. Regions like Anna Nagar are one best example of the posh and inexpensive residential space. Anna Nagar is a neighborhood in the metropolitan city in Chennai that have gained a status of prime residential area. The area is located in the north –western part of Chennai and was developed by the Tamil Nadu Housing Board. The neighborhood came into light with its landmark known as Anna Tower, though it gradually created a niche of its own in 3BHK apartments. 3BHK flats are ideal for students that can share the flats with their fellow students. The apartments can also serve the purpose for professionals that are looking for middle- range flats and also perfect for a nuclear family.


3 BHK flats in Anna Nagar are ideal for clients that are hunting for luxury homes imbibed with modern amenities namely spacious balconies, fully furnished homes, and modular kitchens. The price for the same begins at 2.4 crore. The current price is available for the month of June and it may vary in future. One can get an immediate possession of the east facing flats in the region. 3BHK apartments in the vicinity are well connected with other parts of the city and houses schools, banks, hospitals, colleges in the locality. Thus, it acts as a hub of amenities for the first time buyers. Anna Nagar has attracted lot of investors in the last few years and is expected to attract a lot more in the coming years.

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