Chennai is one of the best cosmopolitan cities in India to live in. Its massive infrastructural growth attracted numerous people to migrate here. Beaches, historic temples, IT sectors, employment and culture have been the key factors for the city’s rapid development. Chennai is also labelled as “The Detroit of India” as more than 1/3^rd of the country’s automobile industry is based in the city. The real estate market in Chennai seems booming day-by-day by large-scale development and improved connectivity. So, it is the right time investing in the city with the leading builder such as GP Homes for owning a highly lucrative prospect.  If you are considering buying apartments in Chennai city, here the best localities are listed for your lookup.

Sholinganallur

Sholinganallur, the residential locality of Chennai city is located among the IT industry. Its vibrant IT sector and affluent economy have marked it as a popular residential spot in the city. Its road infrastructure has excellent connectivity to Mudichur, Adyar to Mahabalipuram and ECR to Tambaram. Corporate IT companies like Cognizant, Trident, Infosys, Wipro and other IT enabled services companies are established here so that the arrival of IT employees increased the demand for apartments. Since travelling is nearer, most of the IT employees purchase flats here. Its proximity to schools, colleges, shopping malls, hospitals and other civic matters also make the locality desirable. Sholinganallur, the residential hotspot in Chennai has extensively contributed to the growth of residential apartments. This locality is being an important junction in OMR (Old Mahabalipuram Road) and connecting GST & ECR Road, that’s why a lot of buyers invest in this locality.

Oragadam

Oragadam is one of the most developed industrial suburbs in Chennai that is located between NH45 and NH4. The Sriperumbudur-Oragadam locale has been seeing a massive growth for the past decade. As a result, large numbers of reputed schools, colleges, MNCs, restaurants and other amenities are multiplying in the locality. This is the most preferred destination for real estate investment. It is mainly due to being close to the industrial area Sriperumbudur where many Fortune 500 companies are located. The proximity of Oragadam to Chennai has made the area as one of the lucrative cities, and that’s why people are rushing to buy apartments here.

Tambaram

Even though Tambaram is one of the oldest localities in Chennai, the rapid development of IT sectors has added new values to it. Due to the influx of a few reputed IT companies, many software professionals started staying here for their convenience. Presence of many educational institutions, shopping malls, health care centres and recreation spots have structured Tambaram as an excellent residential locality to invest in. Tambaram is especially, the best place of individuals with high net worth and Non-Residential Indians (NRIs) because of the nearby airport.  Tambaram railway station is the third major terminal after Egmore and Chennai Central. Every inbound and outbound train connecting Chennai to Southern Tamilnadu stops here. Such top facilities made many builders construct beautiful apartments here. Hence, it is one of the best localities to buy apartments in Chennai city with no doubts of seeing good returns in the future.

The above localities are great places to live in and living in the described areas is the icing on the cake. Whether you are the first-time apartment buyer or a seasoned investor, invest in the discussed places to acquire good returns on investment. Adequate facilities, industrial hubs, IT parks and other factors have made these places the best to invest.