What are the factors influencing the price of plots?
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CHENNAI GETS SECOND AIRPORT AT PANNUR AND PARANDUR: IMPACT ON REAL ESTATE
All that you can do is wait and take the ride! Yes, Chennai is going to get it’s second airport very soon.The ministry of civil aviation has selected Parandur and Pannur near Chennai for the city’s second airport. Parandur is around 70km and Pannur 60km from Chennai. They are near Sriperumbudur on the Chennai-Bengaluru route. The two sites are less than 30km from Sriperumbudur and Sunguvachatram . Getting a second airport has its own advantages as they boost the real estate development and the economic stability of the city. Since the pandemic, the real estate market has been steadily declining. Therefore, the government’s decision to build a new airport will create unique opportunities for people to learn to live with emerging technologies and digital transformation. A new light to Chennai : Pannur & Parandur Airport It is a big move to ease air traffic. The Union ministry of civil aviation (MoCA) has planned to open a new airport in Chennai. Civil aviation ministry Jyotiraditya S...
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