Posh Apartments in Chennai has always been in demand with the Elite Rich of the city all through these decades and some particular areas in the city fair better than most others. What identify these apartments are the Locality where these are situated and its access to the city and its facilities.
Luxurious build, Imported Expensive Floorings, Elegant Parking spaces for the expensive cars and landscaped garden spaces are just some of the features of these Posh Apartments. Literally, these ‘Designer Apartments’ are located in some of the up-market and Elite localities of Chennai which is a very significant factor for its exclusive status. Especially areas like Nungambakkam, Thyagaraya Nagar, Alwarpet, Gopalapuram, Raja Annamalai puram, Adyar, Besant Nagar etc belong to this category of prime areas.
Some of the major factors in these Posh Apartments are the Location, the material that goes into these homes, the exclusive woodwork and imported flooring, the electrical fittings and every accessory that is fitted, and finally the size of these homes. In a city like Chennai, with sky-rocketing property prices, it is very difficult to acquire prime land in some prime locations. The value of the land determines everything else and such a property need to come from a reliable landlord. These Owners of lands in prime locations are often approached by many builders who propose to pay exorbitant amounts for their property and thus builders in this segment often feel the punch when they approach a landlord with a fixed budget land price. Land acquisition itself is a major factor of building such a Posh Project. The reputation of a Builder plays such an important role in this segment because these High class clients want the best in everything.
The best part is the demands for these Posh Apartments from Rich Home Buyers. These customers can fork out something from 2-Crores to 6-Crores easily from their pockets for these Luxurious homes. Most of these customers are affluent business people and CEO’s of most corporates. At present the customer base also includes IT Proffesionals, Doctors, Engineers and Lawyers and few other small business people.
These Apartments deliver a Royal touch to the owners and their social status and owning such a prime and exclusive home is something they really feel proud of.
- Courtesy : www.metroplots.com Your Favourite Property Portal for Buying, Selling, Rental & Lease of Commercial and Residential Property in and around Chennai.
- For more Articles on properties in Chennai please visit : www.metroplots.com
- Email : anand@metroplots.com
2 comments:
This article helped me understand the real situation and i was searching for this information in the internet for a long time. Thanks
-K. Abdul Rahman ( Builder and Contractor )
Good article and very informative.
Very useful for a person interested in Real Estate news about Chennai
- M. Vasudevan ( Property Consultant )
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