RAJPARIS are the pioneers in Medavakkam when it comes to the realty growth. Surrounded by areas like Velachery, Palikarnai, OMR, Kovillambakkam 200 ft radial road and GST Road and with good social and physical infrastructure, Medavakkam is among the top investment locations in Chennai. An international property consultant report quotes Medavakkam as a location in Chennai which is one of the 13 most happening places across the country that would appreciate more than 90% in the next five years. The capital value in the area is fast increasing due to many business class hotels, international schools, state of the art hospitals and numerous job opportunities from the IT hub nearby. One can be rest assured on the return on investments in Medavakkam and the rental options are good due to proximity to many IT companies and industries. Connectivity and scope for development is the core factors on which the appreciation of this area stand upon.
People looking for primary investment in apartments to live in can definitely choose Medavakkam. People looking for a property as an investment purpose can also approach homes in this area as the rental assurance is more.