Like
any other realty market in India, Chennai market also has been experiencing a
little drift in the past one year. Unlike other markets Chennai market didn’t face those situations
for too long. Chennai started gaining some high points in the second quarter of
2013. This year which have been an huge expectation among buyers as well as real estate developers in Chennai started off with a an bash at the first quarter
with sales and launches but with the underlying demand for housing stable made
the second quarter made the business to go dull this year but the real estate
sector has started lighting up in the beginning of third quarter, bringing joy
to builders as well as investors in Chennai. This sudden deal is because of the
market conditions which have impacted prices and bringing them down and also
the introduction of new projects launch at comparatively lower prices than in
2012
