💨 Abstract

Chennai's real estate market has seen rapid growth over the past 25 years, particularly in the IT/ITES sector, resulting in a 75-fold increase in office space from 1 million sq. ft in 1999 to 76.5 million sq. ft by 2024. The residential sector has also experienced significant growth, with housing units increasing 27-fold and property values rising 10 times.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖