Chennai, the biggest commercial and industrial hub of the southern India has been growing in leaps and bounds, the astonishing coastline and ever growing IT sector have expanded the fringes of the old city leading to many new emerging destinations. Adyar is one of such regions, which has now completed its journey to become a real estate hotpot in South Chennai. The affordable prices, decent infrastructure and easy connectivity of the region to the airport and railways station along with proximity with IT corridor and OMR has made Adyar a potential real estate hub in South Chennai. Adyar serves better for property buyers who can’t afford properties in the central areas like Anna Nagar, Kilpauk, Puruswalkam with quality living.In South Chennai, Adyar is considered as one of the affluent localities of the city, situated on the southern banks of the Adyar River at a distance of about twelve kilometers from the center of Chennai. The residential market of the location caters the needs of all segments buying properties with modern life style facilities and amenities. Easy proximity with airport, railway station and working hub like OMR IT corridor has brought favored demand to the Adyar region. The growing commercial sector of the region has also helped the residential market of the region. The increasing population due to growing IT/ITeS sector has favored the growth of the retail sector in the region giving rise to malls like Wills Lifestyle, Pantaloons, and City Center Mall etc. Adyar houses variety of IT/ITeS workforce migrating to the Chennai and provides a very hospitable atmosphere along with verdant green landscapes surroundings.Real Estate ScenarioAvailable market prospects have attracted many builders and developers to Adyar, numerous projects and developments are ongoing in the region which majorly targets the middle income segments. Adyar is also the most favored residential destination for the upper middle class and upper class segments of Chennai city. Although reducing available land parcels are scaring the real estate market of the Adyar, and hence the property prices in the region are growing day by day. Property owners are joining in the joint ventures with local developers and builders to create apartment complex. Many such projects can be seen in the Adyar which offer small to miss cal apartments.Projects from Adyar offer 2 bhk and 3 bhk apartments in the region with sizes ranging between 1000 square feet to 1600 square feet. Rates for such premium apartments which have gated communities are attracting Rs 1500 to Rs 3000 for every square feet of the housing unit. Rental values in Adyar vary according to the property locality and facilities, but mostly starting from Rs 10000 per months to Rs 25000 per month. The active builders and developers which have many projects situated in Adyar property market include Prestige, Sobha Developers, TVH, Manikandan Builders etc.Location and connectivityAdyar is situated on the southern banks of the Adyar River which is emerging as a cosmopolitan locality with the close proximity of the IT and industrial sectors along with proximity of prominent localities like Basant Nagar, OMR and ECR. The Adyar locality also provides an easy connectivity with locals and Mtero train. Adyar houses few of the most happening joints and hangout places which are frequently visited by residents from all over Chennai. Developments like Rajiv Gandhi IT Expressway, Besant Avenue Road have helped Adyar to build an easy connectivity to and from the Adyar region.Adyar is the most promising region of the South Chennai which provides outstanding, lavish and luxurious housing units at affordable prices. Adyar holds better future prospects in the real estate sector, being the most favored real estate hotbed in the South Chennai. займ на карту без отказов круглосуточновзять кредит онлайн