With well-maintained roads, affordable pricing, proximity to essential amenities and more, Chennai has become a front runner in real estate investments for Non-Resident Indians (NRI) and Overseas Citizens of India (OCI). The emotional connection, in addition to the attractive return on investment, affordable pricing and the Real Estate Regulation Act (RERA) safeguarding the interests of investors, makes it a lucrative investment. Here are a few places worth investing in.
Thanks to its IT corridor, Sholinganallur, which is situated in the southern part of Chennai, is fast becoming a residential haven. Over the last decade the area has seen a steady growth in infrastructure. As young families make their way to this new hotspot, investments in neighbourhood services are also increasing with hospitals, schools, banks and malls making a beeline to leave a strong imprint in the area.
Check out: Radiance Sapphire
Complete with comfort and luxury, Radiance Sapphire in Sholinganallur is designed for those who seek to live the best life. Exclusive Spanish style architecture with 105 apartments spread across 1.7 acres, the project has both 2 and 3 bedroom apartments that range from 1103 sqft to 1612 sqft. The amenities here include a clubhouse, gym, multipurpose hall, swimming pool and more.
Find out more about Radiance Sapphire https://www.radiancerealty.in/projects/chennai/radiance-sapphire/
Pallavaram is a well-connected locale in Chennai. Because of its proximity to the Old Mahabalipuram and the East Coast Road, leisure as well as local travel is effortless. An up and coming IT neighbourhood, Pallavaram is fast emerging as the go-to place for investment among young professionals. The airport is about 4 kilometres from here.
Check out: Radiance The Pride
Spread over a sprawling 5.57 acres, Radiance The Pride boasts of 452 luxury apartments with more than 30 amenities to suit every need of a home buyer. Connected well to the airport and railway station, this project in Pallavaram is one of the residential hotspots.
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One of the more popular and premium residential areas in Chennai, Nungambakkam is situated in the heart of the city and enjoys a neighbourhood with top educational institutions, star hotels, foreign consulates and commercial establishments. Other well-known areas such as T. Nagar, Kilpauk, Egmore and Kodambakkam are in close proximity to Nungambakkam. This is also a popular location among tourists because of its historical significance and many cultural hotspots.
Check out: Radiance Maraikayar Manor
Radiance Maraikayar Manor sits in a neighbourhood that is abound with multi-national commercial establishments, government offices, foreign consulates, top educational institutions, shopping malls, sporting facilities and much more. This residential project gives a luxurious take on living life lavishly with premium detailing, branded fixtures and spectacular amenities.
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Teynampet is home to several of the historic educational institutes in the city such as the SAV School, Justice Basheer Ahmed Sayeed College (SIE), National Public School, and the Stella Maris College. With Gopalapuram on its North, Alwarpet to its South, Teynampet is hands down one of the best residential areas in Chennai for investment. The area has some of the top star hotels, restaurants, government offices and shopping centres.
Check out: Radiance Elite
Radiance Elite gives a home owner the best of both worlds, whether it is the desire to reside in a prime location in the city or enjoy the private luxury along with community living. With just about 10 premium apartments, Radiance Elite promises luxury living.
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Surrounded by greenery and culture, Madhavaram is coveted to be the next residential hotspot of Chennai. The area is about 10 kms from the airport, which can also be reached through the local train and taxi easily. One of the highlights of the area is its water and electricity resources. As many corporates come to set up offices here, Madhavaram is seeing a rapid urbanisation and residential expansion.
Check Out: Radiance Suprema
This exciting addition to the Madhavaram’s neighbourhood, Radiance Suprema is well equipped with fantastic features such as basketball court, futsal, convenience store, gym, open yoga deck, library, lavish pool, plush green walking paths, multipurpose hall, video games room, children’s play area, rooftop party area and more.
Learn more about Radiance Suprema project