Skip to content
Menu
Genuine Property
  • HOME
  • DISCLOSURE
  • SITEMAP
  • CONTACT US
Genuine Property

Chennai Real Estate, Buy Or Wait

Posted on November 19, 2022July 6, 2022

Chennai is no different from the entire country, is what most of the people believe at, Chennai Real Estate also has seen no upsurge in prices in the past few months. Input costs in the real estate and construction industry have gone up tremendously.

Construction companies have to increasingly look out for land in the sub urban areas to suffice the demand existing in the market. But the major hitch in Chennai is infrastructure to support the growth in the sub urban market.

Due to these factors prices of Chennai Property also have gone up, but due to the increasing input costs in construction industry like Iron, Cement, Sand, Brick, basically due to the high cost of fuel and high inflation, apartment prices have to either further go up or prices of land have to come down.

Analysts predicted a price correction in the Chennai Real Estate market but prices have remained stable for apartments and villas, the only way for prices of land to go down is to move further away from the city, the only option for developers right now looks to be to develop integrated townships where work places and residences can be developed simultaneously, the concept of living inside the city to work might just change over the next few years.

Builders feel Chennai Property market is set for a price surge again after the political instability settles, but would not be in the magnitudes that happened before, there would be a phased controlled price rise majorly due to construction costs going up.

I personally feel, it is time to buy what you really like, negotiate with the construction company and you might get amazing prices! So go start shopping today.

Recent Posts

  • Keep A House Cleaning Schedule
  • Current Property Rates Of Mumbai
  • Real Estate Agent 101
  • What Do Brand Touchpoints Mean in Real Estate Agent Marketing
  • The Fun And Health Benefits Of An Inflatable Bounce House
  • How to find a Real Estate Expert for Selling and Buying Property in the famous South Carolina Islan
  • Rent Altea Apartment on Costa Blanca
  • Mumbai Real Estate Buzz!!!
  • Ravet Pcntda Delivers The Ultimate Real Estate Investment Destination
  • Is It Too Dry In Your House Here’s How To Check It Instantly!

Archives

  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022

Tags

Ads Post Australia Axis Group Barbados Bharti Realty BHK Blue Ridge Mountains Canada Capital Gains Tax China Downtown Charleston Flipping Houses Folly Beach Game Insight GDP Govind Sarda Happy Farmer Ibibo Cityads India Internal Revenue Code IRA IRS IT ITES Kenya KES london Mumbai Mumbai Find Navi Mumbai NCR New York New Zealand OMAXE Real Estate Real Estate Agent San Antonio South Africa Sydney TV UK United States US West Ashley West Bengal

©2023 Genuine Property | Powered by WordPress and Superb Themes!