Madurai

An ideal city for investing in the residential property, due to the enormous growth it has evidenced in the past few years. Land areas, villas and other properties, at prime locations of the Madurai, are available for sale, lease and rent. Prime locations of Madurai, viz. Othakadai, Usliampatti, Tirumangalam, Melur and others can be availed for building commercial, residential and other properties.

In the last five years, the city has witnessed tremendous growth in infrastructure as well as residential property market. The process is widely gaining momentum, being earmarked as a destination for future growth in the state. Further, the city is one of the important destinations for the property developers from north India.

The industrial sector has evidenced major growth in Madurai. Further, Ambattur, a complete industial zone, is located on the outskirts of Chennai. This is an essential factor for the rising demand and increase in the property rates of this city. Major industrial units, viz. TVS, India, TVS Srichakra, Fenner, Madura Coats, SIDCO Industrial Estate, Honeywell and others are well established in Madurai.

These industries are diversified in nature and are attracting several allied industries to this city. The prime locations in the city have become the industrial zone of the city like Aruppukottai and others. Further, major industrial players are attracted towards this city and are developing an integrated township, which is contributing widely to the city's economy.

One of the major factor that is contributing to the growth of the commercial property in Madurai is the vast land area left for construction. The city's proximity to the international airport is also an essential factor for the boom of commercial property. Over 20 projects comprising about 1,500 units ranging between Rs 7 lakh and Rs 30 lakh are available for sale in this city. This land area varies between an area of 750 sq.ft up to 1,500 sq.ft.

Apart from this, several industries are contributing in the growth and expansion of the business of this city. Our real estate agents, based in this city, assist you in finding a suitable location for the building any commercial property.