Chennaites focus on micro market
Posted on: 16/Sep/2013 4:19:20 PM
A study was made by Indiaproperty.com – a popular property portal. According to its results, home buyers in Chennai are showing keen interest in areas like Porur, Pallikaranai, Vandalur, Guduvanchery, Medavakkam, etc. They expect hike in prices by 10 to 30%.
The property rates of residences in OMR have increased by 15 times. However, all these houses lack in proper infrastructure. These failed in having proper municipal water supply and other sewage facilities. Above all, people were plagued due to stagnant water. Despite the presence of reputed IT companies and engineering colleges, OMR is right now not the focus of most individuals from Chennai.
