When it comes to real estate investment, one of the most critical decisions is choosing between developed and developing areas. While developed areas offer stability, developing areas present properties at a much buyer-friendly price with scope for higher returns. Often property investors face the tough challenge of which option to choose and this decision can significantly impact the growth of their investment portfolio.
Though both these options come with their advantages and disadvantages, investing in apartments and villa plots in upcoming localities like Tambaram and OMR is a smart investment decision. Let’s delve deeper to understand why so –
While developed areas offer comfort, they may not provide the growth opportunities investors look for, particularly in dynamic markets like Chennai. Developing areas, on the other hand, represent the future of real estate. Certain areas in Chennai like Tambaram, OMR, Thirumazhisai, etc., are undergoing rapid transformation, making them hot residential micro-markets perfect for investment. Here are some of the key advantages they offer:
Affordability and Accessibility: Property prices in developing areas are typically more affordable, enabling investors to enter the market with a lower capital requirement.
High ROI: As infrastructure develops and demand increases, property values in these areas experience exponential growth.
Government Initiatives: Many developing areas, like Tambaram, benefit from targeted infrastructure projects, such as metro connectivity, improved roads, and other civic upgrades.
Lifestyle Evolution: These regions are planned with modern lifestyles in mind, featuring sustainable living solutions and community-oriented designs.
Several areas in Chennai are emerging as promising residential real estate markets due to their strategic location and other growth factors. One such locality is Tambaram, as residents of apartments here enjoy seamless blend of connectivity, affordability, urban convenience, natural surroundings, and excellent future growth potential on their investment.
1. Location Advantage
Tambaram enjoys excellent connectivity through road, rail, and the upcoming metro line. It serves as a gateway to the southern parts of Chennai while maintaining proximity to major commercial hubs. This connectivity enhances its appeal for both homebuyers seeking a comfortable residential locality and investors looking for high ROI.
2. Strong Infrastructure Development
The locality is experiencing extensive infrastructural growth, including upgraded roads, development of top-tier educational institutions, and quality healthcare facilities. The presence of IT parks and industrial zones in the vicinity further fuels demand for residential properties.
3. ROI and Appreciation Potential
Tambaram’s affordability is its biggest asset. As infrastructure improves, property prices are expected to rise significantly, offering high returns to early investors. Newly launched projects like Urbanrise Opus96, offering premium apartments and plug-and-play plots, provide homebuyers with modern facilities at an attractive price point. With Tambaram poised for stupendous growth, investors here are set to benefit significantly from this upward trajectory.
Investing in real estate is not just about the present; it’s about securing your future. While developed areas provide stability, the growth potential and affordability of developing areas like Tambaram make them the right choice for aspiring investors looking for stable and rewarding investments.
Leading real estate developers in the city offer Projects like Urbanrise Opus96 bringing together premium apartments and villa plots in one Mega Township like Tambaram, perfectly blending modern living with exceptional returns. Explore these thriving localities, invest in contemporary and stylish residential projects, and turn your real estate investment dreams into reality.