CHENNAI RESIDENTIAL APRIL 2014..by JLL India

CHENNAI RESIDENTIAL APRIL 2014..
by JLL India

The Chennai city's residential sector saw improved interest levels among the home to buyers supporting increase in absorption.

New Launches ...
            New Haven Ribbon Walk by Tata Housing in Mambakkam
            The Bloomingdale by AREL in Pammal
            Evania by Landmark in Perungudi


            Policy / Infrastructure..

            The work on Rs. 1,800 crore Chennai Port - Maduravoyal Elevated Corridor project continued to be hindered as Tamil Nadu government approached the Supreme Court to stop the erection of 32 pillars in the middle of Cooum River. Last month, Madras High Court directed the National Highways Authority of India to resume the work

Key Areas
Rental Value (Rs. per month for a 1,000 sq. ft 2 BHK Flat)
Capital Value (Rs. per sq. ft)
Adyar
20,000  to 30,000
15,000 to 22,000
Medavakkam
7,000 to 14,000
3,600 to 5,500
Tambaram
6,000 to 12,000
3,500 to 4,500
Anna Nagar
15,000 to 25,000
9,000 to 15,000
Porur
5,000 to 10,000
3,800 to 6,200
Sholinganallur
9,000 to 12,000
4,250 to 5,800


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