Why P dot G homes make a great buy!
A report published by ICICI Property Services has found some key turning points when it comes to the Chennai Real Estate scene.
1. An upward movement in the prices in Chennai for residential real estate prices is expected, thanks to the average inventory of 15 months only and very few launches from Category A and B builders.
2. The residential real estate prices in Chennai is expected to increase @ 7-10% year on year. Chennai has become THE city to own real estate with major IT, automobile and electronic manufacturing companies setting up their headquarters here.
3. Grand Southern Trunk (GST) Road, Sriperumpudur and Porur are the areas where development is surging ahead leaving behind Oragadam and Old Mahabalipuram Road (OMR). Prominent micro-markets in west Chennai witnessing residential development include Mogappair, Oragadam, Vanagaram and Porur.
4. People today are looking at homes in the 30-50 Lakhs category whereas the supply is mostly in the 70 to 100 L category bringing a supply-demand mismatch.
5. NRIs from Chennai and TamilNadu in general are willing to put in money into projects here. So the projects that are farther away from the city are being offered on a 'first-transfer free' basis to help increase sales.
6. People prefer 3 BHK homes. However if the size of the 2 BHK and 3 BHK have a wide difference say, up to 200 sq ft., then preference is for 2 BHK. Buyers are a very clear lot these days.
Currently there are bulk of residential apartments in Chennai offered at very easy prices just to suit the requirements and needs of the buyers and investors out of which maximum are working in leading MNCs.
7. Today demand for residential projects in the peripherals of the city is getting higher than those in the city, thanks to cost factors and traffic congestion. These projects are witnessing higher growth.
In recent years, Chennai is experiencing a rapid real estate boom both in commercial and residential space overall. It is generally accepted that improved road connectivity is very important for real estate growth.
For the newer looking branded royal homes, our extraordinary residential projects offer you 2BHK, 3BHK apartment in a sprawling land with extensive greeneries around.
All these great features just go on to prove why owning a P dot G home makes imminent sense. So what are you waiting for? Pick up that phone and talk to P dot G at 95001 23399. Come to your very own home where class and economy go hand in hand.
PdotG Constructions is second to none in offering affordable flats in Chennai. - http://t.co/JBMwAUiNQ3
A report published by ICICI Property Services has found some key turning points when it comes to the Chennai Real Estate scene.
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| PdotG Homes |
2. The residential real estate prices in Chennai is expected to increase @ 7-10% year on year. Chennai has become THE city to own real estate with major IT, automobile and electronic manufacturing companies setting up their headquarters here.
3. Grand Southern Trunk (GST) Road, Sriperumpudur and Porur are the areas where development is surging ahead leaving behind Oragadam and Old Mahabalipuram Road (OMR). Prominent micro-markets in west Chennai witnessing residential development include Mogappair, Oragadam, Vanagaram and Porur.
4. People today are looking at homes in the 30-50 Lakhs category whereas the supply is mostly in the 70 to 100 L category bringing a supply-demand mismatch.
5. NRIs from Chennai and TamilNadu in general are willing to put in money into projects here. So the projects that are farther away from the city are being offered on a 'first-transfer free' basis to help increase sales.
6. People prefer 3 BHK homes. However if the size of the 2 BHK and 3 BHK have a wide difference say, up to 200 sq ft., then preference is for 2 BHK. Buyers are a very clear lot these days.
Currently there are bulk of residential apartments in Chennai offered at very easy prices just to suit the requirements and needs of the buyers and investors out of which maximum are working in leading MNCs.
7. Today demand for residential projects in the peripherals of the city is getting higher than those in the city, thanks to cost factors and traffic congestion. These projects are witnessing higher growth.
In recent years, Chennai is experiencing a rapid real estate boom both in commercial and residential space overall. It is generally accepted that improved road connectivity is very important for real estate growth.
For the newer looking branded royal homes, our extraordinary residential projects offer you 2BHK, 3BHK apartment in a sprawling land with extensive greeneries around.
All these great features just go on to prove why owning a P dot G home makes imminent sense. So what are you waiting for? Pick up that phone and talk to P dot G at 95001 23399. Come to your very own home where class and economy go hand in hand.
PdotG Constructions is second to none in offering affordable flats in Chennai. - http://t.co/JBMwAUiNQ3
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