Wednesday, 11 February 2015

Time to purchase Property in Chrompet

In the October- December quarter of 2014, South Chennai where Chrompet is placed can notice highest demand and supply of residential homes and flats, said in the property index. The location has also entered the list of top ten preferred areas of Chennai for the sale of property during the same quarter as mentioned in the first paragraph. According to Amarprakash builders reviews, people started to look for abodes will be getting a wide variety of choices in housing units at chrompet from the cost of Rs.20 lacs to up to Rs.1 crore. According to the data available with the property index, both flats and individual homes will be present in the area. Also, the cost may differ depending upon the area size. For instance, flats that are in the area size of 900 o 1200 are available in the range of Rs.50 lacs above.


While in case of individual house, then the purchasers have to pay an additional amount to own it. That is, the price of such abode will be pricing around Rs. 1 crore and above with an area size of 1500 and above. This information clearly shows that the cost per square feet in Chrompet will be around Rs.4500 -5500. Residential plots that are covering more than 2000 sq.ft are also available for a budget of Rs. 75 lacs and above. Since, Chrompet has been developed in recent past, most of the buildings in this surrounding are either new one or under construction with the year of completion in 2015 or 2016.

Why Chrompet? 

Initially, it is known fact that Chrompet is a place for senior citizens and retired personnel, but, today, it has become a place for all professionals like bankers, doctors, advocate, charted accountant and so on along with businessmen. Since, the area is well developed, all the professionals other than senior citizens are keen on this locality to own a residence here. When looking at the percentage who registers higher in number, IT and non-IT professionals can be said in general. Mostly, people who have children and who work in Tambaram and the surrounding area will look to settle here since they don’t have to travel a long distance for their essential things

Chrompet enhance a developed social fabric with the availability of education schools and colleges, medical center, shopping mall, public transport, banking sectors and other facilities are also present in close proximity. The area is also in vicinity to Tambaram, International Airport, Velacheryetc and houses many IT companies and manufacturing industries thus making Chrompet, a feasible choice for the individual who work here.

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