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Commercial space for rent in Chennai is high in demand and the need is proliferating with time. Earlier, the Central Business District (CBD) of the city represented highly sought after destinations for establishing business centers and offices.
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Commercial Realty in Chennai is Burgeoning
Commercial space for rent in Chennai is high in demand and the need is proliferating withtime. Earlier, the Central Business District (CBD) of the city represented highly sought afterdestinations for establishing business centers and offices. But this location preference graduallyunderwent a transformation. The primary reasons were space and money. As the city startedwitnessing dwindling space, new age industries like IT/ITES and automobile preferred areasthat could give them opportunity for expansion as well. Similarly, the CBD also got tooexpensive to invest in thereby pushing commercial real estate investors to consider moreremote locations. Hence, locations such as OMR, ECR, Sriperumbudur and GST Road becamecommercial hubs of importance.
Commercial Growth contributes to Real estate Progress
Commercial properties in Chennai in these suburban markets are set up on vast expanses ofland with sprawling campuses and luxurious buildings complete with all contemporaryamenities. Even the more conservative industries have begun to seek large campuses withmodern amenities thereby improving the standard of living of its employees. Rapidindustrialization and perennially high demand for commercial spaces are reasons that havecontributed to the real estate progress Chennai has been making. Businesses today areemploying a lot more people than they used to and paying fat salaries thereby furthering thepercentage of migrant population to the city and affordability at the same time.
Commercial Buildings in the City
Commercial spaces today are getting more advanced, contemporary and functional in order tocater to the demands of modern businesses. Businesses of today are going international andhence look at state-of-the-art structures that can escalate their standards and also hold immenseappeal for their employees, global partners and the society at large. Therefore, an increasingnumber of real estate developers are creating modern structures, fully functional and aestheticbuildings for today’s times. Chennai is experiencing overall development when it comes tocommercial real estate progress. While the suburban markets are developing at a rapid pace, theCBD is not slow either. Places like Mount Road, Adyar, Besant Nagar, Guindy and T.Nagarcontinue to do exceedingly well in terms of seeing new and modern commercial buildings.
Copyright @ 2013 - ETA STAR PROPERTY DEVELOPERS LTD.
Commercial space for rent in Chennai in places like Mount Road involve a lot of investmentsince the CBD is pretty much on the expensive end than any other region of Chennai but thereturns are staggeringly high. Today, a lot more individuals are investing in commercial placesfor the ROI they are likely to get and Chennai is a great place to do it. Chennai is poised formajor real estate turnaround. The game changers in the real estate environment includelocation, infrastructural development, proximity to important cities and states and scope formore potential unlike many other metros that lie on the brink of saturation.
Investment in commercial real estate in Chennai is perhaps one of the wisest decisionsinvestors should consider. Major infrastructural development and real estate progress willcontinue to make investment choices burgeon and flourish.
About Us
ETA Star Property Developers are renowned and successful luxury builders not just in India butalso in many other parts of the world. The company is synonymous with top class living andworking experience with world class amenities. ETA Star has always worked to create betterenvironments for exceeding customer expectations every time. Renowned in the creation of
commercial and residential buildings, the structures from the home of ETA Star redefinequality, creativity, luxury and style. The company maintains a consistent record of engineering,
creative and technical brilliance in building structures and customer hopes alike. Diverseexperience and cognizance of global expectations make ETA Star excel in every task
undertaken.
ETA StarChennai Citi Centre, 4th floor,10/11, Dr.Radhakrishnan Salai,Mylapore, Chennai – 600 004
Tel: +91 44 39 11 3900 / 3911, 234 66 666 / 777Email: [email protected]
W: www.etastar.com
Copyright @ 2013 - ETA STAR PROPERTY DEVELOPERS LTD.
