Rising Commercial Values in Chennai

nullIf you are planning to purchase commercial real estate, why not consider Chennai. Commercial rental values are already high in these areas and are still expected to rise in the years to come. For example, rental value for a 1,000 sq ft of space in Radhkrishnan Salai is now about $35,000-$50,000 Rs/sq ft. Currently, this is considered as the most expensive spot in Chennai.

Property brokers are saying that now is the best deal to capitalize on the city’s commercial hubs. These areas will still swell over in the next five years, ensuring a good return on your rental or capital.