Commercial Property for sale in Medavakkam, Kilpauk, Chennai
Commercial Property for Sale in Medavakkam, Kilpauk, Chennai
Check out some of the popular localities in Medavakkam, Kathibada, Parry's Corner, Thousand Lights East, Muthialpet offering excellent options for investment.Collapse
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Chennai's status as an IT and industrial hub has spurred employment opportunities which has trickled in housing demand from both local and migrant professionals. In recent years, the city's expansion into its suburban areas has fueled the residential real estate activity in these regions.
Property demand in Chennai grew 8 per cent YoY in 2022, reaching 90 per cent closer to the pre-pandemic levels of 2019. Demand was concentrated in localities such as Medavakkam, Sholinganallur, and Mogappair.
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Madipakkam, located very close to the industrial zones and IT parks, is one of the rapidly developing areas in Chennai. The area has good civic amenities and is very well-connected to other parts of the city