Chennai, without a doubt, is one of the best cosmopolitan cities to live in India. It has witnessed impressive infrastructural growth over the past few years, and is being eyed by numerous people thinking of making the city their home. This has led to a rise for demand for homes in Chennai. The city has an appealing nature owing to its culture, history and easy access to beaches. The fast growing IT sector is also an attraction not only for people who live in Chennai but also from other parts of the country and expats.
If you are among those who are looking to invest in high end real estate or villas in Chennai to reside in, then here are a few posh localities in Chennai you can consider investing in: -
The Boat Club area is in Alwarpet and is one of the most expensive localities in Chennai. You can find VIPs and famous celebrity homes in this area. Boat Club is pretty serene and spacious, and has the Adyar River running on its other side. The great thing about this area is that it has no scope for commercialisation, making it one of best options for investing in a home in Chennai. You can also find luxury and ultra-luxury real estates, like villas in this Chennai area. The area is also home to the city’s best restaurants, shopping spots and has a cosmopolitan crowd that makes in investment in this posh area an attractive option.
Poes Garden is another top end locality of the city. The locality is one of the prime residential areas if the city. Some of the famous celebrity homes that you can find here are that of Actor Rajnikanth, and that of late J.Jayalalithaa. Poes Garden is next to Boat Club area when it comes to posh localities in Chennai.
East Coast Road
Commonly known as ECR, the area is built along the coast of Bay of Bengal. If you are looking for luxury apartments, posh sea facing bungalows and villas in Chennai, then this is the area you should start your search with. ECR provides the right mix of peace and luxury. It is also home to a number of recreational activities that includes amusement parks like VGP and MGM.
Nungambakkam is one of the oldest areas of Chennai, and houses a number of educational institutions, commercial hubs, government offices and premium hotels. Nungambakkam is also a shopping hub and has stores of both national and international designer lines. As the area is an important part of the Central Business District, it has become one the top localities to live in.
Velachery, initially a home to the large and growing IT sector in the city, has now emerged as a new area where people are looking to purchase homes in Chennai. The area is preferred by people who have their offices in the IT corridor nearby. The valuation of properties in this area has been on an upswing. It is one of the few localities in Chennai where investment can yield higher returns than other areas of the city.
This is another luxurious locality that has a perfect mix of calm residential environment and a burgeoning IT sector around it. The houses and villas in this Chennai location are quite expensive. In fact, Adyar is among those areas of the city that have the oldest houses. It is considered to be the hottest spot in Chennai with easy access to the beach, shopping hubs and the best eateries.
Gopalapuram is one the most prime real estate areas in Chennai. The area is home to number of celebrities and is popularly known for the residence of Former Chief Minister of state Karunanidhi. Gopalapuram is also home to renowned schools and colleges. The Easwari library, one of the oldest libraries, is located here. Gopalapuram has all the basic amenities and restaurants nearby, which makes it an attractive area to invest in.
Besant Nagar remains on top of the preferred areas to reside as it is one of the few localities in Chennai that has easy to the beach. Besant Nagar is a calm and serene area and has almost everything needed for smooth living in close proximity. Beach view houses and villas are quite popular here. Over the years, the area has seen a good amount of rise in the value of real estate in the past couple of years.
Chennai is a great place to live in, and living in one of the above mentioned areas would surely be a cherry on top of the cake.