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Property in Chennai

A brief Description

Due to the financial depression of market property in Chennai has experienced tough times the real estate investors are not showing a great deal in construction of new projects to overcome the situation.In the course of time land developers and constructors have closed down their new construction projects as they are unable to recover purchasers and real estate financiers. Even the finished projects in the Chennai city have failed to catch the attention of customers due to high market prices and the hesitation existing in the property market countrywide. As a result, the prices of most property in Chennai going ahead to fall and the situation has proved an advantage for many home seekers in hunting for a comfort accommodation. 

The turn down in price structure has given a recent anticipation to the individuals to buy a residential property immediately for the purpose of accommodation. Yet, the quantum of this decline in Chennai properties , or even wonder in some outstanding cases, is not the similar found in every location in the city. Prior to making a progress towards purchasing a property in Chennai , it is very important to make enquiries and compare the recent market values of the properties that are offered at different locations in Chennai . This page might help individuals to carry out their desired property rather cheerfully.

Localities

Individual Houses

(Rs per Sq.Yard)

Flats

(Rs per Sq.ft) (Rs per month)

Rentals for 2 BHK
Chennai North 2100 – 2500 7000  
ChennaiSouth 2500 – 9000 7000 - 25000  
Chennai West 2500 – 9000 8000 - 20000  
Central Chennai 6000 – 12000 17000 - 24000  
Others 2500 – 15000 6000 – 36000  

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