{"id":18702,"date":"2013-06-12T08:20:48","date_gmt":"2013-06-12T08:20:48","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=18702"},"modified":"2020-06-15T04:05:42","modified_gmt":"2020-06-14T22:35:42","slug":"18702-chennai-real-estate-to-remain-stable","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/18702-chennai-real-estate-to-remain-stable\/","title":{"rendered":"Chennai Real Estate to Remain Stable"},"content":{"rendered":"

\"Chennai-real-estate\"Chennai real estate <\/a>market continues to attract the buyers as the property prices in the city are expected to remain stable. The presence of the IT\/ITES, BFSI and automobile industry in the city are the major driving factors that have contributed towards the real estate growth.According to a latest report, the need for the houses and the migration to the city will continue as there are wide job opportunities offered by the city. The report also said that the economic and infrastructure development will lead to more population growth in this metropolitan area.On the basis of a survey conducted, the housing need in the city is projected to range between 30,000 to 35,000 houses yearly. The balance between the demand and supply and the expected further growth in the commercial sector may lead to stability in the property prices.Chennai is a major contributor of software exports and also one of the top auto hubs in our country as well as world therefore stable growth is expected in medium term.Approximately, the housing requirement in Chennai annually ranges from 30,000 to 35,000 houses in both mid income segment and high income group which is driven by 2.6% of population growth per year. Housing prices in prime locations like Medavakkam, Pallavaram, Porur and Sholinganallur of Chennai are expected to remain stable with upward bias.\u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0431\u0435\u0437 \u043e\u0442\u043a\u0430\u0437\u043e\u0432 \u043a\u0440\u0443\u0433\u043b\u043e\u0441\u0443\u0442\u043e\u0447\u043d\u043e<\/a>\u0432\u0437\u044f\u0442\u044c \u043a\u0440\u0435\u0434\u0438\u0442 \u043e\u043d\u043b\u0430\u0439\u043d<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Chennai real estate market continues to attract the buyers as the property prices in the city are expected to remain stable. The presence of the IT\/ITES, BFSI and automobile industry in the city are the major driving factors that have contributed towards the real estate growth.According to a latest report, the need for the houses […]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-18702","post","type-post","status-publish","format-standard","hentry","category-realty-news"],"blocksy_meta":[],"yoast_head":"\nChennai Real Estate to Remain Stable -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bharatestates.com\/blog\/18702-chennai-real-estate-to-remain-stable\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chennai Real Estate to Remain Stable -\" \/>\n<meta property=\"og:description\" content=\"Chennai real estate market continues to attract the buyers as the property prices in the city are expected to remain stable. The presence of the IT\/ITES, BFSI and automobile industry in the city are the major driving factors that have contributed towards the real estate growth.According to a latest report, the need for the houses […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bharatestates.com\/blog\/18702-chennai-real-estate-to-remain-stable\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/gayatri.subramanian\" \/>\n<meta property=\"article:published_time\" content=\"2013-06-12T08:20:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-14T22:35:42+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2013\/06\/Chennai-real-estate.jpg\" \/>\n<meta name=\"author\" content=\"gayatri\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"gayatri\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta 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