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Real estate can prove to be a lucrative investment avenue if you buy a property in the right location. Investing in residential projects in Chennai can provide you with the opportunity to enjoy a good return on the investment in the long run.
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Prime Factors Driving the Real Estate Market of Chennai Real estate can prove to be a lucrative investment avenue if you buy a property in the right location. Investing in residential projects in Chennai can provide you with the opportunity to enjoy a good return on the investment in the long run. After all, Chennai is among the prime realty hubs in South India. It has experienced consistent economic growth over the past decade or so, making it an attractive market for investors. Increasing Job Opportunities Chennai has a thriving industrial sector that boosts job opportunities in the city. An abundance of lucrative employment opportunities can be found in logistics, manufacturing, industrial services, IT and multiple other industries here. As a result, many people migrate to Chennai every year in search
of employment. The influx of migrant workers and residents from other parts of India accelerates the demand for residential properties in Chennai. Superior connectivity The robust infrastructure and excellent connectivity of Chennai help drive its real estate market. The well-planned road network includes the Inner Ring Road and Outer Ring Road. They help ensure smooth connectivity within Chennai and nearby areas. The overall accessibility of the city is further enhanced by Chennai's Metro Rail system and its ongoing expansions. The metro rail system especially makes commuting quite convenient for the residents. About Ashok Nandavanam Ashok Nandavanam is a leading second-generation real estate company that offers commercial and residential plots in Chennai. They provide CDMA and DTCP-approved land for sale in Minjur, Madhavaram, Thirumazhisai, Porur, Tambaram, and Poonamalle. All plots are located inside a gated community with a range of ultra-modern amenities.