Chennai's real estate industry has been thriving as investor interest has increased. Residential plots in downtown and neighbouring areas have seen a surge in buyer demand recently. Other types of plots, such as commercial and industrial plots, are in high demand. Because of the creation of fresh neighborhoods in the suburbs, investors can start enjoying the benefits right away.
Investing in real estate is without a doubt one of the most profitable kinds of investment. The demand for land is growing by the day, and more people are looking to own a piece of land. Given this trend, you may find the best plots in prime locations right here. And if you're thinking about investing in a real estate plot, these are the best ten areas to buy plots in Chennai.
OMR is a prime residential, and commercial hub, and most importantly the rapidly evolving IT cluster in Chennai. So finding a property here is simply wow. For those looking for a plot in this locality, we should definitely give it to them. As this locality is definitely going to develop to a whole new level with prices skyrocketing very soon. Surrounded by many tech giants and ITES enterprises this locality is also a fine place to buy and plan your dream home. As it offers all major amenities like schools, colleges, employment hubs, and hospitals all in a 5 - 10 minute walk.
ECR is a highly sought-after location for individuals looking to invest in real estate plots due to its strong residential sector, which has grown steadily over the years. ECR is a fantastic coastal location with excellent amenities, recreational options, and long-term appreciation potential. Because of its magnificent coastline, abundant natural areas, and accessible access to the city's booming commercial sectors, ECR Chennai is a popular choice for people looking for a high-quality lifestyle and a solid investment.
Siruseri is home to some of Chennai's greatest educational institutions, including the Indian Maritime University, SIPCOT IT Park, and a number of prestigious schools and colleges. Because of the expansion of economic and social infrastructure, Siruseri has become the most desired investment avenue for prospective homebuyers looking for residential plots. After becoming a center for IT/ITeS, the city has enhanced connectivity with bus stops and various modes of transportation.
Tambaram is a convenient residential plus commercial area where more and more people are looking. As it offers wonderful connectivity and top-notch amenities. If you are looking for buy a parcel of land in an area that is undergoing rapid development, this is it. Separated by the GST Road, this location is divided into East and West Tambaram. This area is a prime residential one houses many well-known institutions like the MCC College and many more. So you can definitely buy residential land here where you can envision your future home.
Porur is perfect for those looking for bigger parcels of land. As it houses vast properties planned for commercial and residential use. Surrounded by prime localities Porur has always been a most desired location for investors and home developers. It's the right time to buy a plot in this emerging locality that is surely going to, even more, develop in the coming years. In addition, this locality is also claimed for its proximity to tech parks, schools, and medical facilities.
Thirumazhisai is a great spot to live and at the same time invest in. Many people desire this locality as it offers huge parcels of land in an affordable price range. Most importantly this parcel of land is set out to develop and appreciate over time. In fact, more and more developers have started to invest in this locality big time. Not just that this locality is perfect for those looking to find a tranquil neighborhood surrounded by greenery. So check out this affordable locality that has great scope for development.
If you are looking to buy land in an area that is going to eventually give high returns then definitely check out plots in Madhavaram. Situated along the northern part of Chennai this is a promising area for investment. Here you can find plots for both residential and commercial use which is really convenient. This area is touted as the New Anna Nagar, hence it's forced to undergo tremendous development and emerge into a most sought-after prime and posh locality like Anna Nagar.
Ambattur is one of the most affordable and attractive cities in Chennai, and it is regarded as a perfect place to live for those from the middle class. Given the current price trends in Ambattur, as well as the expanding demand, the area is expected to emerge as an outstanding investment location in the future. Ambattur has quickly grown from a sleepy village to a lively residential and business district that is now part of the Chennai corporation. An increasing number of people are eager to invest in Ambattur, owing to the simple availability of jobs and outstanding strong road and rail infrastructure connecting centers such as Tiruvallur, Perumbur, Anna Nagar, and Vadapalani.
Situated along NH 716, Avadi is a promising locality that has been undergoing rapid development. Yet you can find affordable plots in this locality that have got a great connection to major residential areas. In this locality, you find many types of plots like residential plots, gated community plots, commercial plots, and industrial plots. Hurry up and grab your property in this developing area soon, as the prices are surely going to go up very soon.
Urapakkam, located near the extreme end of the Trichy-Chennai Highway, is becoming popular for residential properties. The area is popular for investment because of its low property values and proximity to several IT businesses and educational institutions. The neighboring established industry and educational institutions feed the local housing need. Because of multiple major projects in the works, the area has already acquired traction in real estate development. So now is the moment to invest in this future neighborhood.