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Property In Chennai • Chennai Property Expo 2017 Problem Statement & Solution Proposal
About Chennai Chennai, the capital city of Tamil Nadu is one of the metros has healthy diversification driver of the economic growth. The economy has a broad industrial base with Chennai’s port as well as it is thriving IT/ITeS and BFSI sectors which contribute to the growth. The manufacturing of the city includes a computer, technology, hardware industries and automobile. The diverse economic base makes sure that Chennai continues to attract industries and new businesses, robust demand and guaranteeing sustained for the residential and commercial projects. Chennai, being the India’s IT hotspots has basically witnessed a stable arrival of the skilled and talented workforce. The slow yet improving office market spaces will certainly have a positive impact on the residential demand. This basically means that Chennai has office space markets activities are higher like Southern Suburbs will certainly be significantly increased. With the affordable housing now having granted infrastructure status, this segment is certainly expected to receive cheaper sources of financing the external commercial borrowings. The developers in Chennai have always been attuned to budge residential segment which will continue to stay invested in the affordable housing projects in expectation of the increasing demand.
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