Diverse Economic Base, Growth of Office and Manufacturing Spaces Drive Residential Demand in Chennai’, according to JLL’s latest report titled JLL’s Tour of India’s Top Residential Hotspots
Guindy- Mount Poonamallee Road and Pallikaranai-Medavakkam-PTR Road along with their vicinities are top two residential hotspots The existing and proposed social infrastructure, robust connectivity and along with real estate parameters have resulted in high residential demand across these key micro-markets Sales grew by 24% over H2 2018, yet to match the levels of H1 2018 New launches witness a drop of more than 50% in Chennai; but, 80% of the total new launches fall in affordable and mid-priced segment (price bracket of INR 7.5 million) In line with the national trend, demand for affordable and mid-priced housing high Chennai, 2 July 2019 : Guindy- Mount Poonamallee Road and Pallikaranai- Medavakkam and PTR Road along with their vicinities have over the past year emerged as the strongest residential hotspots in Chennai, according to JLL’s latest report titled JLL’s Tour of India’s Top Residential Hotspots released today. Good connectivity with other key locat...