What makes Chennai prefer Residential Apartments and Flats?
What makes Chennai prefer Residential Apartments
If you have observed the realty scene in Chennai, you are likely to have noticed the
dramatic increase in the number of flats for sale in Chennai. Chennai was always
known as a conservative market with real estate investors having concrete preferences
when it comes to location of home, nature of property and amenities in the surrounding
areas. Today, the city is witnessing innumerable changes with respect to all three factors.
The abundance of residential apartments in Chennai especially in the suburban regions
stands testimony to the changes in the mindset of the average real estate investor in the
What has caused this transformation? Why have flats for sale in Chennai become the
hottest fad in the last two decades and expected to burgeon going forward?
1. Community living
Many aspects in the country are
today a result of the influence
of the west. Community living,
for one, came to the country
from the west. There are
several apartments in the city
that are complete with amenities for the urban residents. This kind of shared
space implies a hassle-free lifestyle, round-the-clock security and societal
dependencies that the modern investor requires.
2. Lack of space
Chennai is not a new city. Although the city has big expansions plans, the
availability of land is not adequate to cater to
the construction of independent homes. Every
residential unit today is home to many
residential apartments in Chennai. The problem
of land parcels is thus eliminated especially
when the population of the city is growing by
leaps and bounds.
3. Abundance of amenities
The availability of land for the
construction of independent homes and
villas may be relatively less but the
number of amenities available within
every residential unit is a large number.
People today desire these amenities that
make life simpler and lifestyle upscale.
There are several home owners and real
estate investors that prefer those flats for
sale in Chennai that come with a profusion of amenities for the entire family.
Security is a factor of concern in every
city today and not just Chennai. It is a
universal thought that apartments or
flats offer better security than
independent homes since there is not just
an appointed security personnel to take
care of the premises but the presence of other homes in the closest vicinity.
Hence, residential apartments in Chennai are today preferred by the modern day
Akshaya was founded in 1995 under the stewardship of Mr. T. Chitty Babu, a leading light of
the real estate industry in India. It has grown into one of the most awarded companies in the
country acclaimed for its transparent business practices and innovation. The journey over the
last 19 years has seen the company excel in both the home and commercial domains by
building more than 150 magnificent edifices in South India.
Akshaya Services Private Limited
No. 22, 2nd Street, Nehru Nagar,
Adyar, Chennai - 600 020.
Tel: 044 - 2445 1818