Chennai is gearing to catch up with the lost momentum in investments when compared to its cousins in South.  The real estate market is predominantly driven by end users constituting 75-85 per cent and their typical investment ticket size has been estimated at Rs 40-60 lakh.  However, the pent-up demand is slowly entering the market now.

In a panel discussion on aiding real estate growth in Chennai, Credai –JLL initiative has analysed with industry captains consisting of leading developers, international property consultants and HFCs and banks, on factors ailing the realty sector in and around Chennai and the remedial measures needed to revive the sector.

Chennai is the preferred destination for corporate occupiers due to availability of skilled professionals and Tamil Nadu accounts for more than 30 per cent of the engineering talent available in the country.  The city which has been awarded India Today Best City Award 2014, also boasts of the highest number of chartered accountants in the country.