Higher price appreciation attributed to variety of factors including good connectivity
A combination of factors — primarily, easy access to different modes of transport and proximity to job-generating industrial clusters — has resulted in areas in West Chennai city limits as well as pockets in the western suburbs attracting the attention of developers, including national players.
Apart from areas along Mount – Poonamallee Road – the corridor that originates from Guindy – which is going to be a multi-modal transport hub, villages tucked away from it are witnessing the construction of high rise projects. A recent study by Proptiger, a real estate advisory firm, showed that West Chennai witnessed an annual price appreciation higher than even Central Chennai.
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Source : The Hindu
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