Property in India has been a mixed bag when it comes to all the major metros in the country. Chennai, in particular, has always witnessed certain stability in terms of overall market progress and demand. However, the city has not been able to shake off the saturation that took place in both Mumbai and Delhi and caused a market shift and greater progress in Navi Mumbai and NCR respectively. The limits of the city have been rapidly expanding and several new destinations are being billed as the new progress hubs of the future when it comes to both commercial and residential realty in tandem with infrastructure development. Singaperumalkoil is one such area which has managed to capture a large part of the demand for Chennai properties in contemporary times. Aspiring buyers of properties in Chennai are now focusing on Singaperumalkoil for its growth as a major automotive and IT hub. Analyses on Indian properties throw light on the strategic linkage of Singaperumalkoil with other parts of the city through the important Grand Southern Trunk Road along with the influx of several leading companies like Dell India, Capgemini and Infosys here as two major factors behind the locality’s growth. The Mahindra World City has been a major development here along with the influx of Ford Motors. These commercial developments have led to the growth in infrastructure in and around the area along with the creation of highly coveted residential clusters all around.
The Chennai property market is witnessing steady growth on account of high performing zones like Singaperumalkoil. The locality is well connected to major industrial hubs and corridors and the National Highway 45 is also accessible from it. The development of the GST Road into 6 lanes will also boost progress in the area. Several leading developers are now building projects along the GST Road itself. Several luxury townships are also being developed here. Proximity to OMR and Oragadam is another prominent reason behind the rapid growth of the locality as a preferred residential zone. The development of several SEZs and business clusters in the future will also spark greater demand for property in Singaperumalkoil.
The Chennai property market is witnessing steady growth on account of high performing zones like Singaperumalkoil. The locality is well connected to major industrial hubs and corridors and the National Highway 45 is also accessible from it. The development of the GST Road into 6 lanes will also boost progress in the area. Several leading developers are now building projects along the GST Road itself. Several luxury townships are also being developed here. Proximity to OMR and Oragadam is another prominent reason behind the rapid growth of the locality as a preferred residential zone. The development of several SEZs and business clusters in the future will also spark greater demand for property in Singaperumalkoil.
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