It is less known that for many decades, Chennai did not come under India ‘s booming realty industry radar. A major shift can be attributed to successful job creation where the business and trader community, locomotive workshops, government offices, and port-related operations govern industrial areas.
Some relevant statistics for Chennai real estate projects and housing are:
According to Makaan.com, the annual price growth is 191 percent, while the annual rental yield is 3.998334 percent.
Thiyagaraya Nagar ‘s average property value is Rs 18,890 per sq ft, followed by Purasaiwakkam with an average Rs 12,000 per sq ft.
On average, property prices at Alwarpet are located at Rs 18, 467 and Choolaimedu, where prices are Rs 9,090 per square ft.
There are 2,867 properties in Rs 34-43 lakh’s most sought-after range for those seeking investment in apartment units.
In addition, Chennai has 1,125 villa projects for which the large price range is Rs 10 lakh to Rs 25 crore depending on the unit size and location.
The low-priced villa units are often outskirts or small units like Walajabad, besides Kadambattur, Chengalpattu, Teachers’ Colony, Thirukkazhukundram.
Some of the high-end properties are in Injambakkam, Raja Annamalaipuram, Alwarpet, Anna Nagar, Nungambakkam, Kodambakkam etc.
- Mahindra Lifespaces.
Mahindra Lifespaces – Chennai, established in 1994, is a leader of sustainable urbanization in India and Mahindra Group’s real estate and infrastructure development sector. ACEF’s Best Social Media Campaign of the Year – ‘#18Daychallenge,’ Lighthouse Insights’ Best Social Media Campaign of the Year – ‘#BuildingTogether,’ Lighthouse Insights’ Best Twitter Case Study – ‘#18Daychallenge, Working Mother and Avtar – One of India’s Top 100 Best Women’s Companies Construction World Architect & Builder Awards 2018: One of India’s Top Builders in 2018, C Happinest Phase II, Avadi, built projects
- Prestige, Chennai
In 1986, Prestige Group acquired 210 completed projects, 53 ongoing projects and 35 upcoming projects in India. They are one of South India’s leading property developers spanning retail, residential , commercial, leisure, & hospitality sectors. They have several projects called Prestige Courtyards, Prestige Silver Springs, Prestige Downtown, Prestige Bella Vista to name a few. These projects are spread over 25.18 acres, the project offers 1 , 2, 3 and 4 BHK apartments with sizes ranging from 600 to 2621 sq. 5. 5.
- Developers, Chennai
Sobha Developers, Chennai is India’s most successful, trusted builder with a portfolio of award-winning properties. We have built many projects like Sobha Blossom, SOBHA Gardenia, SOBHA Serene, SOBHA Meritta, SOBHA Winchester, SOBHA Palacia, SOBHA Evergreens. They won ‘One of India’s Top Builders 2019,’ ‘Best Quality Construction of the Year – Chennai’ and ‘Best Design Plan of the Year,’ SOBHA Nasera, Pune named the ‘Western Residential Project of the Year’ at the 2019 11th Realty+ Excellence Awards, ‘Developer of the Year’ at the 2019 Annual Estate Awards, All Kerala CSR Conclave & Annual CSR Awards 2018, Dun & B.
- Godrej house, Chennai
Godrej Property, founded in 1897, has approx. a reputed real estate developer active in 12 Indian cities. 11.06 million. Meter bank ground. We aim to demonstrate self-sufficiency and excellence in India. Our ventures include GODREJ AZURE, OMR, to name a few. We won the 2019 Total Environment Home Win Golden Brick Award, Kalpataru Solitaire won the 2019 Aces of Space Design Awards landscape project-architecture category, The Golden Brick Awards 2019 — 4th Edition, Piramal Realty awarded The Year Builder — Times of India Residential: DesignX, ADORA DE GOA awarded the Year’s BEST THEMED PROJECT to name a few.
- Shriram house, Chennai
Shriram Properties, which was founded in 1995, is also a leading real estate developer with projects in Bengaluru, Chennai, Kolkata. It delivered over 12.5 million sq. Ft and 54.76 million sq. capacity. They include Joy at Shriram Temple Bells, Shriram Divine Village, Shriram Park 63, to name a few. They won DNA REAL ESTATE & INFRASTRUCTURE ROUND TABLE & AWARDS and SOUTH 2017 Realty Plus Excellence Awards. The project emerged as the winner among several entries from India’s top Builders, Developers, and Realtors.
- Brigade, Chennai
Brigade Group, established in 1986, has branches in several South India cities. They have a diverse multi-domain portfolio covering land creation, property management, hospitality, and education. They exploit state-of-the-art technologies and have some CSR operation in the areas where they make their projects. Their projects include WTC Chennai, the city ‘s highest commercial establishment, which consists of a 1.8 million sq.ft built-up area spread across two towers. Their project is a Brigade-GIC Joint Venture. They won two awards at CREDAI Karnataka ‘s CARE Awards 2017, presented for the shopping malls category in the Villas & Row Houses category with Orion East Mall.
- Puravankara, Chennai.
Puravankara Projects – Chennai, founded in 1975, has 29 million square feet of projects under development, with an additional 88 million square feet planned for various areas in Chennai over the next 7-10 years. They have nearly 12 million square feet of projects under construction. We won ‘Finaliste, International Prix d’Excellence –1998,’ Realty Plus Excellence Award – 2012 in the category ‘Popular Choice – Year Developer: Residential. Some of their projects include Purva Windermere, built across one of Chennai-Pallikaranai’s fastest-growing areas and spread over 55 acres. Puravankara Swanlake, Puravankara Somerset House, Puravankara Purva Mayfair, Puravankara Purva Jade, etc.
- Emerald TV, Chennai
Established in 1911, TVS Emerald – Chennai offers a great mix of creative architecture and ideal location with all the basic facilities nearby. Located in Chennai’s Pallavaram, they are equipped with all the world-class facilities needed for a luxurious stay. TVS Emerald Lighthouse, TVS Emerald GreenAcres, TVS Emerald Greenhills, TVS Emerald Flourish, TVS Emerald Green Enclave, TVS Emerald Verdant Forest. They are the first developer in Chennai to be approved by CONQUAS, the Building and Construction Authority (BCA), Singapore’s Construction Quality Assessment Program.
- Tata-homes, Chennai
Tata Value Homes – Chennai is a subsidiary of Tata Housing Development Company Limited, founded in 2010, focusing exclusively on value-added housing. Two pan-India brands were introduced — Shubh Griha (Value Homes) and New Haven (Affordable Homes). They built major and mini-metro projects like the Mediterranean-themed project “La Montana” near Talegaon & a similar project “Santorini” in Chennai. All of their projects are aimed at sustainable green developments. Their New Haven Vasind project was awarded by Realty Plus Excellence Awards, Emerging Developer of the Year – Residential, North India – Estate, Tata Housing – Golden Peacock National Quality Award, 2013 to name a few.
- Lancor Holdings
Lancor Holdings – Chennai is a public incorporation formed on January 4, 1985 and registered at the Company Registrar. Some of their projects include The Atrium, Thiruvanmiyur, Abode Valley, Potheri, Cornerstone, Nanganallur, The Courtyard, Nanganallur, TCP, Sholinganallur, OMR, TCP South, Sholinganallur, OMR, TCP West, Sholinganallur, OMR, TRAFALGAR, THIRUVANMIYUR, MENON ETERNITY, R A PURAM, RAMCO SYSTEMS, GUINDY to name a few. They won the 2009 CNBC CREDAI AWAAZ REAL ESTATE AWARDS “Highest Transparency” award. They are also listed on the Bombay Stock Exchange.
Owning your dream house is always your top priority when starting your family. Although, with the same changing trend and value, choosing the best affordable house becomes difficult for you. In India, metropolitan cities like Bangalore are seeing steady growth in residential property demand.
Bangalore is emerging and is considered the world’s fastest and safest city to live. With a touch of modernization and development in all sectors, this city is home to every aspiring person. This city embraces the beauty of clean lakes, green landscaped parks, etc. and well combines with new skyscrapers to justify its upper hand in commercial activities.
The city is large with new infrastructure and high-end services. Many aspiring people around the world set their lives and careers here. Bengaluru is further divided into 4 parts;
- Northern Bengaluru
- Southern Bengaluru
- East Bengali
- West Bengali
Migration to Bangalore was always inclined for obvious reasons. From the luxurious villa to the standard, the city of Bangalore has it all for you! Even the abundance of choices poses a dilemma, however, and it will certainly be difficult for you to choose the one that suits your needs. We can hear you.
Similarly, when we speak about residential property today, Bangalore developers considered several aspects to ensure a comfortable lifestyle for people looking for a home. The best advice I can offer is to have a ground test and do your homework finding what’s right for you. To that your research burden, we’re here with a list of Bangalore’s most famous, cheapest, and affordable residential properties. Read on to learn more;
- Serene Vaishnavi
- Brigadier Bricklane
- Asset 63 Degrees East
- Prestigious willow-tree
- Nucleus Ajmera
- Vaishnavi Serene: Specifically built for urban requirements. This property is in Yelahanka-North Bangalore. It’s one of Vaishnavi group’s serene apartments. Enriched with all necessary facilities, it is surrounded by an attractive neighborhood to ensure a comfortable lifestyle. Vaishnavi Serene is an ideal option for those seeking budget-friendly housing in an developing commercial area. It is widespread in 10.33 acres of land comprising 896 luxurious 1, 2, and 3 BHK apartment forms.
- Brigade Bricklane: Formed by Brigade Groups. Located on Kogilu Hill- North Bangalore. Built in a lush landscaped environment with a luxury infrastructure at the price you would ever imagine. Pricing is justifiable for apartment forms 1 and 2 BHK. It is built to protect residents’ privacy and make them happy to choose Brigade Bricklane. The property is spread over 8 acres with over 749 1 and 2 BHK fully functional apartments.
- Assetz 63 Degree East: Assetz develops this beautiful land. The property is in East Bangalore’s Sarjapur road. Assetz 63 Degree East is surrounded by a fantastic community and an additional benefit in transport connectivity. Assetz 63 Degree East offers you and your family a selection of world-class amenities and luxury lifestyle rooms. Residents’ utilities and amenities are eco-friendly and energy-efficient. Assetz 63 Degree East offers 648 luxury units in 6 towers spanning 28 acres of land with 1, 2, and 3 BHK apartment forms.
- Prestige Willow Tree: The Prestige group is regarded as an ideal option when it comes to accommodation, they understand the needs of what makes an ordinary apartment a DREAM HOUSE. Likewise, with the development of Prestige Willow Tree, they have succeeded in fulfilling the requirements of giving it an edge to perfection. It is situated in North Bangalore’s Vidyaranyapura, renowned for its abundance of commercial opportunities. Prestige Willow Tree is built to ensure you and your family lead a comfortable lifestyle and have your own private room. It occupies 6.73 acres of lush green land. Every element of this room gives the apartment a luxury, comfortable feeling. It is widespread in 6.73 acres of land with over 451 apartments of 1, 2, and 3 bhk styles.
- Ajmera Nucleus: Ajmera Realty made a step forward in providing the most comfortable Ajmera Nucleus housing. It is located in the IT sector’s most famous hotspot, South Bangalore’s Electronic City. Ajmera Nucleus is built with an eye-catching and beautiful infrastructure mix of modern design and traditional values! The neighbourhoods are large educational centers, workspaces, malls and other Tech parks within walking distance. Ajmera Nucleus aims to provide affordable housing for everyone. It has many best-in – class facilities. Every house is compliant with Vastu to ensure harmony and stability in every resident ‘s home. It’s similar to Tech Mahindra, TCS, and other firms. This project is unique and is located in a 5.5-acre land with 380 1, 2 and 3 BHK deluxe apartments.
Most well-recognized builders and developers design their projects based on individual comforts living a metropolitan life. Project pricing is usually one of the issues, because you wouldn’t like owning anything that doesn’t generate interest, would you? We understand that selecting the right house involves many factors and, above all, deciding to buy a house is in itself a serious one for which the above properties are hand-picked for you!
These properties are few of the best and most affordable properties that still stand out and are in demand among thousands of properties. None of these products will soon be released. The above-mentioned properties also meet the city requirements and comforts covering the best area, amenities that we have specially designed for you.