Apartments in Chennai – A Quick Look

Located on Coromandel Coast, off the Bay of Bengal, Chennai is a major economic, commercial and cultural center of South India. Of late, the city has seen unprecedented growth in sectors like Information Technology and Real Estate. With majority of Chennai’s population living in rented accommodation, the real estate entrepreneurs have long forayed into the city. This resulted in construction of various multistoried buildings especially for residential purpose.

Chennai Central
Photo: wikipedia.org

1BHK Apartments
The Information Technology (IT) boom attracted a huge population of single professionals to Chennai. This led to a demand for accommodation. The real estate entrepreneurs grabbed the opportunity to invest which yielded very good results.  For a single person or a small family, opting for a 1BHK can be a good decision.

New Projects comprising 1BHK

Few upcoming 1BHK projects are highlighted below.

Shriram Shankari – Guduvancheri, South Chennai
A residential township, Shriram Shankari is a highly promising real estate project falling under the 1BHK category.  Well connected by road and rail, the project is spread over 36 acres of lush greenery. Major amenities comprise sports facilities, club houses, gymnasium, shopping spaces, rainwater harvest, day care centers and so on.

Sumeru Housing – Selaiyur, Tambaram
Located in the neighborhood of Selaiyur in South Chennai, the Sumeru Housing is one such real estate property where investments may prove worthwhile. Easily accessible by rail and road, Sumeru Housing can turn out to be a good option for those who are looking for a 1BHK apartment in Chennai.

2BHK/3BHK Apartments
Those who are looking out for an extra space, 2/3 BHK can come to the rescue. Many builders have come up with a number of residential projects with 2/3 bedrooms. Detail of some of the upcoming projects in this category is explained below.

SPS Brown star – Madambakkam, South Chennai
Located in South Chennai, this residential project is affordable and spacious at the same time. One can actually opt for this without burning a hole in the pocket. The project also promises greenery and enough of open area. Other amenities include gymnasium, an area for indoor games, multi-purpose hall and stilt parking.

Mahidhara Central – Poonamallee, West Chennai
Located in west Chennai, Mahidhara Central is the most sought after residential projects of Chennai. The project boasts of vicinity to world class shopping malls, IT parks. Mahidhara is more than just a residential project; it is more of township in its own ways boasting of host of amenities including a local bus facility which is unique to this project. Other amenities such as educational zone, play school, club houses, and supermarkets complete this project. One of the best upcoming residential properties, Mahidhara is worth investing for.

Integrated Township
The latest in this arena happens to be world-class residential townships being developed by real estate giants. One such project worth mentioning is the Royal  Castle comprising 1400 apartments covering various styles including duplex, pent houses and studio apartments. An integrated township, Royal Castle is located Chrompet, easily accessible through rail and road. Vicinity to the international airport is another advantage of the same.

Those who are looking for an accommodation in this city, for them opting for apartments can be a very good option as the real estate in the residential sector seems to have a promising future.

Author Bio:
Zara Smith writes on behalf of 99acres.com, which is an internet portal dedicated to meet every aspect of the consumers needs in the real estate industry whether it is House, Land, Villa, Studio Apartments tec. It is a forum where buyers, sellers and brokers can exchange info. 99 acres covers buy and rent information of properties for almost all major locations like Hyderabad Properties Delhi Properties and Many more.

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