presents

The

BIG Buyer

of Chennai Real Estate

Warning for the plot owners in Chennai; Premium Real estate builders are hunting for

residential plots in Chennai, pondering over different residential and commercial options for

the consistently expanding city. Chennai city has grown in its geography, population, realty,

prices and what else...

The once conservative mentality of the property buyers in the city seems to have

transformed and the traditional mindset is no longer valid. Premium and globally renowned

Real estate builders in Chennai have been constructing architectural marvels in different

pockets of Chennai that includes the Central Business District and suburban regions. The

Real estate builders also offer a good balance of affordable and super luxury housing so that

the residential market of the city caters to all communities of buyers.

Introducing, the new segment of buyers/investors

Interestingly, there is another segment of buyers, investors indeed, very keen on Real estate

properties in Chennai, particularly searching a plot for sale in Chennai. There are good

reasons why this segment of buyers find themselves drawn towards the Real estate in

Chennai.

The volatile rupee and the current economic situation find Real estate the more stable

source of investment, guaranteeing high returns in the long run. Hence, NRIs prefer Real

estate investment, and Chennai becomes a top choice, simply because of the relatively high

demand, lower prices and assured returns. The city has been identified as the hot spot of

realty investment by major realty analysts across the world.

Behind the NRI Investment

Several Real estate builders or property developers in Chennai are receiving a number of

inquiries from the NRI population. A large number of NRI buyers want ready-to-move in

flats in Chennai for their families, or for rental purposes, through which they can be assured

of periodic ROI. Although, built units come with a premium price tag over the ongoing or

proposed projects, NRI buyers are willing to pay the premium to purchase ready-built flats

in Chennai. Besides requiring a stable source of investment and the attraction of Chennai’s

Real estate market, lending rates from international financial institutions is competitive

thereby making NRIs wanting to invest on Real estate.

Besides ready-to-move in apartments, there is steady demand from this community of buyers

for plot for sale in Chennai. Thus, there is considerable year-on-year growth with NRI

investment on immovable property in Chennai. Leading property developers in the city are

catering to this segment of buyers/investors who seek luxury homes for private use or

moderately priced apartments for rental purposes. Either ways, Chennai is most certainly

the most sought after realty investment destination in the country.

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