Released on: December 7, 2007, 12:52 am

Press Release Author: Phani

Industry: Real Estate

Press Release Summary: Chennai is recognized as a preferred place of corporate
people and MNC. This city has earned a benchmark on three major classes - financial
costs, expert manpower and outstanding business environment. Chennai is a home of
chief automobile sectors also and on the northern area port is gearing up with
expansion of housing units. In fact the Chennai residential real estate sector is
going though a change in market dynamics and over increase in real estate purchasing
activity. City home loans and augmenting rates have resulted in major price
escalation in past few months in Chennai.

Press Release Body: India is zooming away in real estate industry no lesser than any
other part of the world. In fact India real estate is booming in all the direction -
be it Chennai real estate, Hyderabad real estate or Cochin real estate, all the
cities are skyrocketing when it comes to real estate. A few year back Chennai real
estate has shortage of housing options, but now it has superfluity of residential
options. Chennai is recognized as a preferred place of corporate people and MNC.
This city has earned a benchmark on three major classes - financial costs, expert
manpower and outstanding business environment. Chennai is a home of chief automobile
sectors also and on the northern area port is gearing up with expansion of housing
units. In fact the Chennai residential real estate sector is going though a change
in market dynamics and over increase in real estate purchasing activity. City home
loans and augmenting rates have resulted in major price escalation in past few
months in Chennai.

In the last 12 months Chennai real estate sector has faced an extremely enthusiastic
trend. With about magnified costs driven by BPOs, real estate had gone through an
incredible growth and it has become a dream of commoner. Such a tremendous growth
could be visible in Chennai, Bangalore and Hyderabad that has extensive plans and
lucrative commercial projects. Some places in Chennai such as MGR nagar and Anna
nagar, which was about rupees 70 lakhs per ground in 2002, are not quoting Rupees 95
lakhs per ground. When looked on the wider term, Chennai real estate had contributed
a lot to the story of increasing over all India real estate. As per a recent study
Chennai real estate have established a addition of 3.5 million square feet of
housing sector in past quarter and now the market is likely to catch up excellent
time ahead in winter. Especially, the demand for real estate in Chennai is on a
large part obsessed by the growth of IT and BPO industry. It has not only perked up
the capital value of commercial property, but also fuelled the demand of residential
areas.

Industry experts believe that Chennai real estate has massive demand impending in
almost every sector -- particularly commercial, residential and retail. It has also
proved that investing in real estate Chennai has been providing many investors with
activist cash flow, tax advantages and pleasure of making an impact on people's
lives. Investment property is generally the loveliest aspects of your monetary
portfolio. Even the foreign funds and investors are now investing in Chennai real
estate as it is fourth largest metropolitan city in India and has lot to offer the
foreigners. Before investing do your required homework and do consult any expert
real estate agent to defend yourself from hidden troubles. Chennai real estate is
known as the recurrent wealth builder, but everything has to be done with knowledge
and skills. With real estate property boom all across Chennai, you can touch the new
heights of money making.


Web Site: http://www.fabacres.com

Contact Details: 403, Siri Malle Towers, Jaffer Bagh, Somajiguda, Hyderabad.
Phone Number:995 9999 150/151
E-mail: Seo@fabacres.com