Property for Sale in Navallur
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Navallur, Medavakam Among Top Rental Destinations InAs per Artha Yantra Corporation study, Chennai is the third-most expensive city. This creates a positive impact on the rental markets in Chennai as it is affordable to rent than to buy. Furthermore, the increasing employment opportunities and the upcoming Chennai Metro will add to the demand for rental apartments in Chennai. Pallikaranai, Perumbakkam, Medavakkam, Sholinganallur and Navallur are some of the localities that witnessed an increase in the rental rates over the last few months.
City Beat: October Home Sales Drop 26% In Chennai [VThe city also witnessed a decline of 68 per cent in new launches when compared to the new launches in September 2016. The drop in new launches is due to rising inventory overhang. The property prices remained stagnant month-on-month.
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