Top places in Chennai to buy your next commercial property

October 22, 2022 Admin

Top places in Chennai to buy your next commercial property

Chennai is on the radar of intelligent investors. Being a prime hub of the IT and Automobile industry,chennai is one of the best options to buy a commercial property. Chennai is home to many students and professionals. Being the largest city in Tamil Nadu it has a plethora of growth opportunities.

The real estate property here offers capital appreciation and the rates of the property shoot up quickly.

If you are planning to start a business or rent a property for extra income then Chennai is the best-suited place for investment.

Chennai is nicknamed the “ Detroit of Asia” due to the presence of major automobile manufacturing units. It is the base of 30% of India’s automobile industry. Industrial supremacy makes this place eye-catching.

A fast-growing economy, well-equipped infrastructure, effective connectivity, and never-ending growth are some of the myriad features of the city. This city shall never let you repent your decision of buying a commercial property here. You can turn your property into a PG for students or make a building for giving it on rent for an office to be established. Even if you don't want to construct anything on your land, you can simply use it to resell later.

The exponential growth in real estate will enable you to make profits that you can't even imagine. The value of your land will grow leaps and bounds in the upcoming years.

Your dreamland is only a smart decision away!

The OMR region and GST road are emerging growth corridors. Perambur is yet another location that will prove to be profitable. To know more about the places where you should buy your commercial property in Chennai, look further!

Commercial space in Nungambakkam, Chennai: This place is well equipped with all the amenities required for office people. 24/7 water supply and power backup is the main attraction of this place. An ATM is only 10 minutes away and a bust stand is 15 minutes away. In case of any emergency, the hospital is 10 minutes away. Car parking is available so that all the vehicles remain safe.

This 26,878 sq ft commercial property is priced at ?14,500/- per sq ft. You can occupy the property as soon as you buy it. A CCTV system is also installed in the building. This property is ideal for establishing an office here.

Ready to move properties in Kelambakkam: It is situated on the extensive old Mahabalipuram road (OMR) towards the southern periphery of Chennai. It offers proximity to the IT parks. It has easy connectivity to almost all important destinations in the city like the central railway station, T.nagar, etc. Beach nearby can become a source of recreation.

The average range for a property here is ?3,400-?4,800/ sq ft. It is a calm locality where the business will flourish to reach the zenith of success.

Well-equipped space in Tiruvallur: It is one of the fast-developing suburbs of Chennai. It has special industrial and commercial importance. The price range here is varied as it ranges from 1109-8750/sq ft.

Known for its famous Veera Raghava temple. This place is a tourist attraction too. Many residential plots are also available here for sale. Here you can buy your property and build it to resell as it offers a high rate of investment. Good schools and healthcare facilities are a plus for this location.

SPR market of India Perambur, Chennai: First of its kind, this market space offers shops and office spaces starting from 40 lacs. It has more than 5000 shops under one roof.

Office spaces will be available in 2 sizes 534 sq ft. and 2000sq ft. the shops will have a built-up area, ranging from 184 sq ft to 2400 sq ft. The project is well-connected to all the prime locations in Chennai.

It has facilities of ATMs, lifts, CCTV cameras, a play zone for kids, and whatnot. They envisage the idea of a “city inside a city”. It has built-in warehouse spaces, truck terminals, LCV parking, and advanced security features too.

It has space for residential apartments also. It aims to bring the unparalleled experience of Work - Live - Learn - Play - Commute under one roof. It is revolutionizing the future of trade in India, eliminating all the hurdles and placing your business on an international platform.

An environment is created in a way that businesses here will be able to reach their full potential to grow dramatically.

Old Mahabalipuram Road (OMR), south Chennai: OMR is known as the IT hub of the city. Many IT industries work from this zone. Brigade Group has recently launched a new commercial project in the region which shall offer retail shops in various sizes according to the need and budget of the investors.

There are no long power cuts in the place. Parks, shopping malls, schools, and hospitals are close to the area. Various commercial properties are available here ranging from 1599/ sq ft. - 3649/ sq ft.

It is one of the top investment regions of Chennai. Every year thousands of people flock to this region in search of employment. This makes this region suitable for generating rental income as well. You can make your dream office here or buy a commercial property simply to rent it. Either way, it is a win-win situation.

Real estate in Chennai is one of the fastest-growing fields. This city will never leave you empty-handed if you wish to invest in it. While choosing an area to invest in, you can freeze any of the above options in your mind.

World-class infrastructure, an ever-growing economy, a high-end lifestyle, and dynamic growth will enable you to reach the horizons of success. So far the city has undergone an immense transformation and the progressive rate is high. The unprecedented modernization will enable you to gain access to a world of new possibilities that shall enhance your life in every way.

The top 5 areas for buying a commercial property are listed above. Your smart decisions can reframe your destiny for the better!