Often described as “Vantharai vazhavaikkum Chennai”, meaning the city makes even the visitors live and prosper, Chennai is undoubtedly the place to be. With its booming economy, immense job opportunities, rich cultural heritage and flourishing real estate market, the city offers countless reasons. Here are the top ones to convince you to buy a home in Chennai.
1. Affordable housing options compared to other metros
Chennai’s real estate market has seen steady growth in recent years and has become a popular destination for home buyers. If you’re looking for real value for money, the city offers a range of residential options at affordable prices. Also, the cost of living here is lower compared to major cities such as Mumbai, Delhi or Bangalore. It means you can buy a home in Chennai without breaking the bank.
2. Flourishing job market
Chennai has the 2nd highest employment rate in India and tops in Women’s employment. A TOI article reports that the city accounts for more than 65% of TN’s Information Technology workforce. Also, the manufacturing industry has seen a surge in recent years, with over 200 small and medium units operating.
Nicknamed the “Detroit of Asia”, Chennai also houses major automotive manufacturers, including Ford, BMW, Royal Enfield, and Hyundai, attracting billions in dollars. It makes the city a compelling place for investors and job seekers alike.
3. Medical Hub of India
Chennai is regarded as India’s health capital, given its world-class medical facilities, latest technology, equipment and highly skilled healthcare professionals. Apollo, Fortis Malar, Vijaya, Billroth, and MIOT are some of the renowned medical institutions here. These hospitals offer you a wide range of medical specialties. The city also houses several pharmaceutical companies that manufacture and supply drugs locally. It helps keep the cost of medical treatment affordable.
No wonder Chennai sees patients worldwide for medical treatments, including orthopedic, eye & heart surgeries, and cancer treatments.
4. Access to recreational activities
The Marina, India’s longest beach, lets you soak up the sun, explore the sandy coastline, and watch the sunset with your loved ones. The Kapaleeswarar Temple and Parthasarathy Temple offer a fascinating glimpse into the city’s rich cultural heritage, with prasadams that taste like heaven.
Also called a shopper’s paradise, Chennai has several malls, street markets and local shops providing all sorts of products/services. It also houses many galleries, theatres, live-performance venues and amusement parks that offer peace from the hustle of city life. Not to mention the restaurants and street food stalls that sell a range of lip-smacking regional and international dishes.
5. Improved infrastructure
The robust transportation system of roads, railways and airports that Chennai offers makes it easy for you to travel and conduct business. Chennai port is one of the biggest, with its railways running for 41 km, contributing to the city’s trade and commerce. It also has a comprehensive network of fibre-optic and wifi services that provide high-speed internet and mobile connectivity.
Whether you’re a young professional looking to relocate, a retiree seeking a high-quality, low-cost life or an investor considering a lucrative real estate opportunity, the city has something to offer. Buy a home in Chennai to enjoy a unique blend of affordability and quality of life in a booming economy.