Wednesday, 12 June 2013

End-users Warmed Up To Navalur For Property Investment

Navalur is the newest city in Chennai to be a part of the group of places seeing fast property growth with the introduction of IT organizations. Situated in Kancheepuram region, Navalur is situated between Siruseri and Sholinganallur.

It is an upcoming personal area with the use of property designers such as Archean Design & Growth Pvt Restricted and Evocon Private Restricted, among others. Some of the long run personal tasks in Navalur are Hogar Grandes Pavilion Rentals, Olympia Opaline, Ramaniyam Beat and many more. The types of current personal options consist of single surfaces, multi-storey flats and villas. Residential plots are also on offer.

The investment value of homes in Navalur is between Rs 15 lakh to Rs 1 crore. Residential plots cost Rs 14 lakh forward. Lease value of homes is between Rs 15,000 to Rs 1 lakh per month. Parthasarathyi, Agent of VIP Real estate & Qualities says, “Property principles in Navalur are admiring due to the long run IT places. Until many years ago, Navalur was a town. With the growing number of IT workplaces in the area, the area is predicted to have good upcoming potential.”

Major IT organizations are Hexaware, Aware Technology Alternatives, Polaris Software Laboratories, IBM, HCL Technology Ltd and others. Some IT Recreational areas consist of ETA Ascon-ETA Technical Recreation area, Leader City–SSPDL and Pacifica Techpark. The investment value of professional properties varies between Rs 6 to 40 crore.
The social facilities of Navalur contains institutions, theatre buildings, dining places and resorts and has opportunity for upcoming development. It is well linked by MTC vehicles and cabs.

Navalur has its own train place connecting it with other parts of the state. Hemdev from Hemdevs Worldwide Real estate Services says “Navalur has a location advantage. It also rankings second in the top IT places in Tamil Nadu. The housing market of this area will definitely enhance in months to come. Therefore, investment in Navalur now seems sensible.” Posted by viswa mandalapu.