Friday, October 26, 2018

Why ECR in Chennai is considered as best place to invest in real estate?

Flats in ECR have never been in more demand! The passing of RERA has given a new-found confidence to home buyers, and coupled with the after effects of GST, the real estate market is looking up for both — buyers and sellers. Many patches in the city are seeing unparalleled growth and development — on both — residential and commercial fronts. The East Coast Road in Chennai is one such hub which is right now high on the property trending list. It is one of the few places in the city that has seen consistent and steady appreciation for many years in a row and will continue to do in the future. Take a look at the reasons why apartments in ECR are a great real estate investment.
Luxury Apartments in ECR

Connectivity

ECR offers excellent connectivity not just throughout coastal Chennai, but being a state highway, it connects residents to the entire coast of Tamil Nadu. In the city too, ECR is well connected to busy areas like Adyar, Thiruvanmiyur and even Tidel Park, thanks to its proximity to OMR. A good network of smaller roads and easily available public transport puts ECR within manageable distance of Chennai’s city-centre areas like Besant Nagar or Anna Nagar.

IT Corridor

There are scores of IT companies mushrooming on OMR, and ECR has only benefited by its neighbour’s progress. More and more MNCs are slotted to enter the OMR IT-corridor, with the government rolling out the red carpet for them in the form of rebates, SEZs and good infrastructure. This has automatically translated into more people seeking out residences near OMR, driving up the demand in ECR as well.

Lifestyle

Realators in ECR - Altisvilla
ECR has traditionally been considered a weekend getaway, thanks to its scenic beach towns, fishing villages and the vast stretches of open beaches and sea. It offers a relaxed atmosphere perfect for unwinding and a stark contrast to the noise and bustle of the city. Today, a 2 or 3 BHK in ECR also offers modern luxuries, excellent amenities and all the facilities one has come to expect in a city. This gives residents of ECR an opportunity to enjoy a unique lifestyle that is not found anywhere else in Chennai.

Urbanization

From schools, colleges, supermarkets, hospitals, malls to places of worship and of course, the booming IT city at OMR — ECR has become truly urbanized in the past 15 years. More and more upscale residential projects are being developed, and high-rises, luxury villas and beach-facing apartments are now a common sight on ECR. It is slowly turning into a sophisticated residential hub and home buyers are hoping to cash in on this early.

Entertainment Hub/Tourist Attractions

Being a weekend getaway, ECR has always boasted some fine tourist spots. The beach and the coastal road itself draw large crowds. But to add to it, the ECR has its fair share of amusement parks, theme parks, picnic spots, entertainment galleries and also some off-beat places like the crocodile museum and research centre. Needless to say, a 2BHK in ECR comes with a guarantee of a good time every weekend!

Infrastructure

After the floods people have become more conscious than ever of civic amenities like drainage, sewerage and land levels. The municipal authorities are also under pressure now to ensure the tragedy does not repeat. ECR has excellent drainage systems in place and a good system of sewerage pipes too, to ensure a relatively water-logging-free life for those living there. Moreover, it also has good groundwater levels and decent municipal water and electric supply to ensure a comfortable life.

Premium Homes

This is one of the main reasons to invest in apartments in ECR. Here, you’ll find property seen nowhere else in Chennai. From luxury 3 & 4 BHK apartments to seaside villas, ECR offers the best of Chennai’s real estate, suited for those who want an opulent lifestyle. Flats in ECR come with every luxury imaginable — from private terraces to manicure lawns, club houses, swimming pools and stellar lobbies — replete with the most expensive of fittings and amenities in-house. Take for instance, Altis’ Oceanique — an extravagant project designed only for a discerning few. With staggering views of the sea and the best-in-class design, materials and construction, it is truly a house that everyone dreams of, but only few can live in.
For these and more reasons, ECR is one of the best places to invest in Chennai, giving you a taste of both — busy city life and laidback vacation time. Not to mention, flats in ECR give you the most bang for your buck, while the above factors ensure you get great appreciation. If you’re looking for a lifestyle and a house that you do not want to compromise on, take a look at some of the exclusive properties on ECR by Altis — you’re sure to be wowed!
Key features:
* Ready-to-Occupy Apartments on ECR
* 2 & 3 BHKs from 1250–2571 per sq. ft.
* Sea-Facing Homes at 30% more Value
* Homes that can also Double as Beach Houses
* International Standards of Quality & Construction
* World-Class Amenities
* Nature-centric & Pollution-Free Environment
* Sustainable Customized Services
* Live in Luxury at Elite Residences
* Safety & Security Guaranteed
* Zero Risk with 100% Legal Compliance
502/503, 5th Floor,
Prince Towers,
25–26, College Road,
Nungambakkam,
Chennai 600006, India
+91 44 43039224,
+91 9940159225
marketing@altisville.com

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