A Refresher on Investing in Plots in Chennai

Title: A Refresher on Investing in Plots in Chennai


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Making Property Investments
Today, people have a variety of investment
vehicles available to them, ranging from fixed
deposits to stocks. Among all these options, it
is crucial to find the safest investment
instrument that can deliver commendable returns.
This is where property investment comes in.
Investing in plots of land have been a pretty
popular trend in the country for decades, and is
deemed ideal for diversifying the portfolio and
enjoying good ROI.
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Investing in Chennai Properties
The trend of investing in Chennai properties have
surged over the last couple of years. Much like
other metro cities, Chennai has also undergone a
steady increase in population over the years. As
people in the city increase, so would be the
requirements of residential properties here. As a
result, Chennai has been expanding in all
directions. The core area of the city is governed
by the Chennai Metropolitan Development Authority
(CMDA). Lands on the outskirts of Chennai are
governed by the Directorate of Town and Country
Planning (DTCP). The prices and value of land are
generally higher for CMDA-based plots.
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Location
While the property values across Chennai keeps
growing, land for sale in Thirumazhisai and OMR
typically experience more growth than others,
owing to the presence of Industrial and IT hubs
in the region that drive a lot of job growth.
Hence, investing in properties here can help
investors to enjoy an attractive resale value
from it in the long run. They can enjoy
commendable rental returns as well.
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Appreciation
The demand for properties in metro cities like
Chennai is steadily increasing. This, in turn,
ensures that the valuation of properties here
appreciates substantially. In fact, the value of
gold over the last few decades has not shown as
much growth as has the value of good plots.
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Details of companies offering premium plots for
sale in Chennai can be found on the web.
Contact us
ASHOK NANDAVANAM PROPERTIES PRIVATE
LIMITED, No.11, F-block, II main road, Anna nagar
east, chennai 600 102. Tamil Nadu, India.
Website
https//www.ashoknandavanam.com/