Core Factors Shaping Chennai’s Real Estate Land Values
The real estate market in Chennai has experienced consistent appreciation in recent years through a combination of economic development, infrastructure growth, and rising urbanization. Location is one of the key determinants of land prices — regions near IT hubs such as OMR, GST Road, and Porur record higher demand because of seamless connectivity and jobs availability. Development of infrastructure is also a vital contributor. Development of metro rail lines, flyovers, and new highways effectively increases land prices by enhancing accessibility.