Chennai: 4,500 sq. ft Villa Leased for 1.1 lakh

Chennai: 4,500 sq. ft Beach Villa Leased for 1.1 lakh per month

A fully furnished beach Independent house (Villa), spread over 4,500 Sq. ft (Square Feet), on ECR (East Coast Road)  was leased for Rs. 1.1 lakh per month.

The ECR location has been witnessing a lot of interest from buyers (Corporate Leaders, High Net worth Individuals) as well as those seeking rental accommodation, as it is strategically located by the sea on the road connecting to major upcoming office locations.

The ECR area is also easily accessible through good road network to the CBD and other locations in Chennai city. Chennai has been witnessing a steady growth in rental values over the last year and has recorded an increase about 10% to 50%

Src: Cushman & Wakefield
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