Date post: | 21-Jun-2015 |
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Real Estate |
Upload: | eta-star-property-developers-ltd |
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Conventional to Contemporary Projects of Chennai
Villas have been a thing of the West. As a matter of fact, a villa in Chennai was still a
figment of reality even a couple of decades ago when investors in Mumbai and Delhi
were attracted by its prospects there. But today, the transformation Chennai’s
investor mindset has realized is definitely incredible. Chennai has shifted from the
conventional and compact 1 and 2 BHK modest closer to Central Business District
(CBD) properties to lavish and opulent farm houses and villas in more remote areas.
While the change has not been overnight, the change has most certainly been quick
and dramatic for a city like Chennai.
Chennai: A mix of the old and the new
Chennai is known for its traditions, culture, food,
art and music and conventional mindset for long.
People visited the city to understand what is so
popular about its heritage. Gradually,
globalization and the need to grow infiltrated the
very soul of the city. Today, Chennai holds on to
its traditions while gracefully embracing
modernization and contemporary standards. Le
Chalet, a villa in Chennai stands testimony to the
changing Real estate perceptions of the city.
Transformation from Conventional to Contemporary
Not too long ago, residents of Chennai did not intend to extend their geographical
realms and places of stay and work beyond the CBD. This is one of the biggest
reasons why the central areas of Chennai are overly populated and even congested.
Today, Chennai is expanding given there is no room in the CBD for commercial or
residential real estate growth. Abundance of land in regions not too far away from the
central locations has further paved way to Chennai’s dramatic geographic expansion.
Commercial growth contributed to residential growth in these areas. As large scale
industries required massive lands that were unheard of in the city, plots, a little far
away from CBD gave way to construction of massive commercial empires.
Proximity to places of work made people move to these remote regions to stay in.
And increased incomes and high standards of living contributed to the development
of villas in Chennai. Residential townships, integrated societies, farm houses and
other opulent options closely followed suit. Chennai’s landscape is way too different
today from what it was even a few years back.
Le Chalet Villas, Sriperumbudur, Chennai
ETA Star Property Developers Ltd ' residential cum commercial
project in close proximity to the Irungattukottai SIPCOT area
which houses some of the biggest Industrial Giants like Hyundai,
Asahi Glass, Orchid Chemicals, Schwing Stetter, Hwashin
Automotive & many more ...