Today, across the Indian nation, a new trend is revolving in the market. These days, the investors are looking into smaller units, mostly 2 BHK house or a single room house. This trend is followed in cities like Chennai, where one room and a kitchen facility can be noted among purchasers. To know why some of the Chennai’s residential hand has taken smaller units, you can look into reviews about Amarprakash builders. Probably, if you are an investor, then you would surely opt for a property that is at proximity to industrial corridor of Chennai. At this point, you can consider the area development in Chrompet. In Chrompet, you are close to malls, IT companies and malls, presence of these amenities is the best part that is catering every income group and boosting the property segment here.
Trend watchers in this locality are in an option and make active purchasers to move fast in the property market. Contrasting to the prime area, most average income purchasers get the benefit of settling in smaller house. Furthermore, selling reasonable priced homes are easy as the budget perfectly fit the market and also, it is easy to put on the tenants for rent. As per the Oct-Dec, 2014 quarter, it is shown that a normal sized house in and around Chrompet will obtain a rent as much as Rs.10, 000 to 15,000 monthly. While, the experts say, ‘if one go for a 3 BHK or a bigger house, the owners find difficulty to find the right tenant. Most people who look for such bigger unit area, either a group of friends or collegues or a family with many members and rent of Rs. 20,000 and above can be gained monthly. The owners don’t rises per head contribution in case of 1 or 2 roommates leave the home. In such a condition, the rent will be lesser, till they find new room mates.
Today, property market in most active cities is slow. But, active purchasers are on the lookout of ideal property for the best deal. Most purchasers are searching for homes for a cost of less than Rs.60 lacs. They are not ready to sacrifice on the facilities or construction quality and therefore, a 2 bedroom house will be on the mind of every buyer. Although, 3 BHKs, at present, have not lost their popularity, end-users at Chrompet are usually go for the choice of smaller units as mostly such homes are preferred by young professionals who are having transferrable jobs or opportunities to fly off to foreign nations. Overtime, such individuals may settle in Chennai or will move to abroad. In such case, small units are considered as the best investment and it is easy to sell as well. Home to over 10,000 residents, Chrompet connects Outer Ring Road, Tambaram, Velachery, Thoraipakkam and many prime locations of the city. However, research says that the residents have no constant issue with regards to water supply
Trend watchers in this locality are in an option and make active purchasers to move fast in the property market. Contrasting to the prime area, most average income purchasers get the benefit of settling in smaller house. Furthermore, selling reasonable priced homes are easy as the budget perfectly fit the market and also, it is easy to put on the tenants for rent. As per the Oct-Dec, 2014 quarter, it is shown that a normal sized house in and around Chrompet will obtain a rent as much as Rs.10, 000 to 15,000 monthly. While, the experts say, ‘if one go for a 3 BHK or a bigger house, the owners find difficulty to find the right tenant. Most people who look for such bigger unit area, either a group of friends or collegues or a family with many members and rent of Rs. 20,000 and above can be gained monthly. The owners don’t rises per head contribution in case of 1 or 2 roommates leave the home. In such a condition, the rent will be lesser, till they find new room mates.
Today, property market in most active cities is slow. But, active purchasers are on the lookout of ideal property for the best deal. Most purchasers are searching for homes for a cost of less than Rs.60 lacs. They are not ready to sacrifice on the facilities or construction quality and therefore, a 2 bedroom house will be on the mind of every buyer. Although, 3 BHKs, at present, have not lost their popularity, end-users at Chrompet are usually go for the choice of smaller units as mostly such homes are preferred by young professionals who are having transferrable jobs or opportunities to fly off to foreign nations. Overtime, such individuals may settle in Chennai or will move to abroad. In such case, small units are considered as the best investment and it is easy to sell as well. Home to over 10,000 residents, Chrompet connects Outer Ring Road, Tambaram, Velachery, Thoraipakkam and many prime locations of the city. However, research says that the residents have no constant issue with regards to water supply
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