In Chennai Why Is The Land Value Is Going High And What Is The Reason? Is There Any Chance It Will Fall Down In Future?

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sivaganesh Profile
sivaganesh answered
It's all because of the buyer's increase in their income. Especially the people working in IT. The real estate people with this knowledge use this as their key for earning their commissionaire. When they go to sell for huge amount they earn more commission.

Secondly, Chennai is a big Metro city with all facilities especially in providing a highly professional environment for children, working group, etc.These factors plus some more makes the land rate a costlier one in Chennai.

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