India's real estate market is booming, driven by factors like changing consumer preferences, government policies, and technological advancements. The market is expected to reach $1 trillion by 2030.
Commercial property investment is most lucrative in major cities with robust infrastructure, better connectivity, and higher rental appreciation compared to tier-II cities.
Chennai sees increased demand for resale homes, narrowing the price gap between new and resale properties partially driven by location, connectivity, and amenities.