As is with any city, the infrastructural development is directly proportional to the growth in its real estate. The expansion of Chennai, with a number of commercial, industrial, educational, and healthcare projects, has made it one of the fastest growing cities in India. The introduction of the metro rail will result in a real estate boom, escalating property prices. In keeping with this developmental boom, Chennai has a promising investment portfolio for real estate developers and homebuyers.
Metro Rail Will Facilitate Better TransportationIn recent years, the job market in Chennai has steadily increased, which has in turn brought about a drastic shift in traffic and daily commute. Many people still prefer to travel in their own vehicles to and from work. This not only leads to congestion and bottlenecks that stifle the general population, but also causes drastic environmental consequences.Being a relatively large city, a metro rail in Chennai will not only connect important localities but also reduce the use of private vehicles. Plus, a well-connected and well-maintained metro will lead to better travel options for workers.Development of Porur Metro CorridorPorur is a fast-growing suburb in Chennai with a number of chemical industries, residential colonies, and manufacturing plants. It is well connected to neighbouring areas of Nungambakkam, Guindy, and Poonamallee through a veritable road system.Porur Corridor is part of the Chennai Metro Rail Project and is slated to become operational from Porur to Kamarajar Salai. This will play a major role in reducing traffic congestion and improving property prices in Porur and around the corridor.
Impact of the Metro on Porur’s Real EstateRent for houses and apartments located close to metro stations are set to increase significantly. This mobility will push property prices by up to 15%. The resale value of a property will also pick up and cause a major shift in the town’s real estate market. Practically, any residence that is comfortably closer to public transportation and commercial centers will demand an increase in rent or lease.Residences and commercial complexes will also see a boost in rentals.
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Metro Rail Will Facilitate Better TransportationIn recent years, the job market in Chennai has steadily increased, which has in turn brought about a drastic shift in traffic and daily commute. Many people still prefer to travel in their own vehicles to and from work. This not only leads to congestion and bottlenecks that stifle the general population, but also causes drastic environmental consequences.Being a relatively large city, a metro rail in Chennai will not only connect important localities but also reduce the use of private vehicles. Plus, a well-connected and well-maintained metro will lead to better travel options for workers.Development of Porur Metro CorridorPorur is a fast-growing suburb in Chennai with a number of chemical industries, residential colonies, and manufacturing plants. It is well connected to neighbouring areas of Nungambakkam, Guindy, and Poonamallee through a veritable road system.Porur Corridor is part of the Chennai Metro Rail Project and is slated to become operational from Porur to Kamarajar Salai. This will play a major role in reducing traffic congestion and improving property prices in Porur and around the corridor.
Impact of the Metro on Porur’s Real EstateRent for houses and apartments located close to metro stations are set to increase significantly. This mobility will push property prices by up to 15%. The resale value of a property will also pick up and cause a major shift in the town’s real estate market. Practically, any residence that is comfortably closer to public transportation and commercial centers will demand an increase in rent or lease.Residences and commercial complexes will also see a boost in rentals.
https://www.yuxiong.com/product/shower-hose/
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