Landscape of localities like Ambattur, Oragadam and Sriperumbudur has undergone a major facelift. Properties in Chennai especially along these neighborhoods are purchased by real estate developers in large parcels so they could build world class residential projects. The growing industrial sector here has not only provided an array of employment opportunities but has also developed the social and commercial belt of these localities. A number of eatery joints, healthcare units and educational institutions have shifted their base here. In the past one year properties for sale in Oragadam have increased over 2 percent. As per current market trends, an apartment for sale in Oragadam is expected to hover anywhere between Rs 2,800 and 3,200 per square feet, depending on the amenities that are being offered by the builders.
Connectivity and physical infrastructural developments are other factors that are luring many home buyers to these industrial zones. The widening of roads, the seamless networking that public transport provide and the availability of basic civic facilities like water and electricity are attracting many investors here. So if you are looking towards investing in a property that generates high ROI (Return on Investment), purchasing apartments in Chennai for sale or buying a 2 BHK apartment seems an ideal thing to do. These properties are not only cited to be ideal investment options due to its lower capital values but are also expected to appreciate over time. There are many upcoming projects available which is having flat sale in Chennai in an affordable price.
