Are you seeking to buy a property in South Chennai and confused about where to purchase in Chennai? Then, invest in Tambaram real estate and yields the stable growth rate. In Chennai, majority of the home buyers are preferred to buy Tambaram flats for sale which is near to the IT corridors of the city in order to gain huge ROI (Returns on investment). At present, the realty trends in Tambaram are maintaining constant. In the earlier days, the region is considered as a drowsy suburb which has today developed as the most desired destination for property buyers. According to the property portals data, property prices in Tambaram have maintained stable to become relatively affordable.
Suburb offers variety of residential options for the buyers. Now, the Tambaram property rate trends for independent home are ranging from Rs. 4,200- 4,300 per sq. ft. The apartments here are avail from the minimum property prices in Tambaram ranging from 27 lakhs to a maximum of 3 crores. Though, expert say, apartments are more popular in this suburb. Not only this, Tambaram real estate market is also fast moving and is an outstanding source of returns in the future. This fast moving development improves the residential markets in the Vandalur and also booms the flats for sale in Vandalur.
Tambaram has observed a rapid increase in terms of inquiries, purchaser’s interest and transformations as related in the year of 2012. There is a little variation of property prices in Tambaram over the years. The micro-markets Tambaram witnessed a price value appreciation of 15 % during the past quarter. Most of the property buyers in Tambaram select cost effective multi-storey apartments. Even though there are some ups and downs in realty trends in Tambaram, 2BHK flats are available from Rs. 45 lakh inside the gated community. Flats are viable not only for purchasers but also for the developers as well. This mainly the Tambaram property rate trends have maintained steady in the market. Hence, the total selling cost of the flat comprises the price of common regions also, which is helpful for developers who are investing in Tambaram real estate.
Locality is easily connected to all major parts of the city through all modes of transportation. Besides, the region is close vicinity to the IT corridors in OMR. This closeness improves the realty trends in Tambaram. The outstanding infrastructural development and availability of industries in the suburb creates an excessive demand for Tambaram flats for sale.
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