Properties for sale in Chennai by Adroit Urban Developers

Homebuyers targeting plush neighbourhoods in Chennai can find ample ready-to-move-in properties close to the city centre. MakaaniQ lists the top five residential localities in Chennai which are the costliest based on the current pricing.

Here is all you need to know about the Chennai Metro Network.

Luxury independent homes sprung up in Muttukadu locality not many years ago but in gross violation to the existing coastal regulation rules. Such homes were built as close as 20-30 metres to the shore. Resultantly, owing to erosion caused due to the waves, these buildings started developing cracks. Some others suffered because the compound walls started collapsing due to water pressure and some even started caving in. Such affected owners decided to erect a 200-metre unauthorised wall to check further damage to their property.

The line III of the Mumbai Metro is a 33.5-km underground corridor from Colaba in south Mumbai to Seepz in the north via Bandra. It is being implemented in phases with the first phase from Aarey Milk Colony to the airport to be thrown open by March 2021 while the second phase from Cuffe Parade is expected to open in December same year. Developed at an estimated cost of Rs 23,136 crore, the project will have 21 stations and advanced features to prevent subway flooding during rains.

India has been known to be the third-largest real estate investment hub for HNIs as well as NRIs. According to a Khaleej Times report, a survey reveals that 42.34 per cent of the participants had declined finance to buy a property in India. A few months ago, the percentage of people who denied loans to finance their purchase stood at 33.66 per cent.