Upcoming infrastructure projects boosting real estate in Chennai 2021.
Infrastructural development is a cornerstone in improving the economic conditions of a city. Chennai has embraced the development of transport and infrastructure since the early 90s; which has resulted in its economic boom. The other impact of such large-scale developmental projects is in real estate; it's never been more profitable to buy property in Chennai in 2021. The newer developments especially around South Chennai and Greater Chennai will bring a surge of land development projects that will boost the real estate market. Why would South Chennai be a good real estate opportunity? The belt consists of a variety of IT companies and technology parks along Old Mahabalipuram Road and the Grand Southern Trunk Road. Perungudi, Siruseri, Sholinganallur, Tambaram and Mahindra World City. The resultant large workforce gives a pull in demand for housing. The government has planned massive infrastructural and transportation projects that will improve the connec...