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Residential Property Scenario in Chennai

Chennai Falcon
By Chennai Falcon
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Current Residential Market Condition in Chennai

The residential property market in Chennai has seen the longest period of stagnation in the last decade. This has been due to a variety of market conditions. Some of the attributed reasons are:

  • Lower Demand
  • Less Job Creation
  • Available Credit for Builders
  • Buyer Pattern evolving rapidly

 

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Chennai Falcon
Chennai Falcon
Mr. Parthasarathy aka Chennai Falcon is passionate about Chennai City and has spent many years in Chennai before moving to California. He was a freelance journalist for 8 years with many leading publications in India before contributing to SpiritofChennai.com. He likes everything Chennai! Be it Lifestyle, People or Arts and History. He and his wife have an 8-year-old son. When he is not writing Mr. Parthasarathy prefers to paint, cycle and sometimes play the piano.

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