Returning NRIs and expatriates are increasingly targeting Chennai's East Coast Road (ECR) for luxury coastal properties, driven by long-term asset appreciation, scenic waterfront living, enhanced connectivity, and limited availability due to CRZ regulations. This growth is supported by infrastructure upgrades and IT corridor proximity, making ECR a prime investment hotspot.
Telangana Housing Board's Phase-7 KPHB Colony auction generates ₹142.78 crore at ₹2.98 lakh/sq yd, crushing slowdown narratives. 84 bidders reflect Hyderabad's real estate resilience and developer demand.