The real estate segment is booming. It is experiencing unprecedented growth never witnessed before. During the initial six months of 2022, in Chennai only, a 21% increase has been registered in housing units’ sales, whereas 40% growth is visible in new project launches compared to 2021’s first half. The heart-warming real estate trends in Chennai get reflected in the ‘India Real Estate: H1 2022’ report published by Knight Frank India. It states that 6952 real estate units were sold, and 7570 units were launched across Chennai in 2022’s H1.
Incidentally, BSCPL Infrastructure Limited, which enjoys a position of pre-eminence among top-notch real estate developers in Chennai too, has been busy catering to Chennai’s exponentially growing real estate market. It has seasoned and ace designers, architects, and civil engineers and a committed workforce who are materializing ambitious projects that dotting this new city’s skyline.
BSCPL: Redefining Chennai’s Real Estate Landscape
BSCPL has unveiled the state-of-the-art project ‘Bollineni Renata’, whose world-class amenities will add a new dimension to tasteful living. Located in Chennai’s prime location Ottiyambakkam on Karani Main Road, the project promises sumptuous living at an affordable cost.
Seasoned architects and discerning civil engineers are at the project’s helm, seeking to optimize space to build luxurious homes with well-planned layouts. BSCPL is sure to make its presence felt as one of the best real estate developers in Chennai with this grand project.
Noteworthy Developments in North Chennai
North Chennai’s real estate landscape has been experiencing a surge in demand post-pandemic. Chennaiites value family life more than anything else, so booking homes with higher carpet space is soaring. An increasing number of projects in pocket-friendly and middle-income categories are coming up. The apartments are tentatively priced between INR 25-50 Lakhs.
North Chennai enjoys a competitive edge because of its serene locations, good connectivity, uncluttered public spaces, and the presence of proper social, medical, academic, and other infrastructure. The areas are experiencing vigorous real estate activity spanning from Washermanpet, Thiruvottiyur, and Tondiarpet to Ambattur. Connectivity is being boosted with Chennai Peripheral Ring Road (CPRR), Outer Ring Road (ORR), and Metro Corridor 3. The real estate trends in Chennai are encouraging.
Balancing Residential and Commercial Sectors
North Chennai’s real estate segment is experiencing healthy growth in the residential and commercial sectors. The area enjoys a strategic advantage from the economic growth perspective due to the presence of Ennore, Chennai, and Adani Kattupalli ports.
The warehousing industry operates in full swing due to the flourishing export industry. North Chennai also hosts petrochemical companies like Balmer Lawrie, Manali, Indian Oil, Chennai Petroleum Corp, etc., in its Manali Industrial Area.
IT sector is also gradually settling down, thanks to the affordable INR 70-80 per sq. ft. per month rental. The work on Chennai Metro’s Corridor 1 from Airport to Washermenpet is nearing completion.
Promoting Green Living
BSCPL has been setting new benchmarks in fostering the concept of ‘Green Living’ with its eco-friendly buildings. These energy-efficient constructions leave a minimal carbon footprint and reduce adverse impacts on resources and the ecosystem.
BSCPL’s project has provisions for the generation of lesser waste and optimal utilization of water or other natural resources. Without ramping up the project’s cost, BSCPL has paved the way for healthier living with access to clean air and water.
BSCPL is making world-class living possible with its cutting-edge constructions, which see a confluence of regal living with pocket-friendly budgets. You can reach out to BSCPL to avail of exciting offers that will make your deal stand out.
The dynamics of the real estate industry are constantly changing. It is essential to stay aware of the recent progress to grab the best deal. BSCPL is a shining star among real estate developers in Chennai, and the builder respects the sentiments of home buyers. If you have been searching for a home with lavish amenities and a peaceful environment, visit BSCPL to explore the plethora of properties this fantastic project offers.