By JLL
India
Retail sector in
the Chennai city continued to thrive during the festive season.
During 2013 October
month, Sriniketan, an apparel showroom, expanded in Anna Nagar Second Avenue
and Indian Terrain and OTTO both opened new showrooms in ECR. Thiruvanmiyur,
Nama Veedu Vasantha Bhavan opened its new restaurant on ECR, and Palavakkam and
Cream & Fudge opened its new parlour on ECR, Neelankarai..
|
Retail
|
Rents
(High Streets)
|
Capital Values
|
|
Key Areas
|
RS. per sq. ft per month
|
RS. per sq. ft
|
|
T. Nagar
|
120 to
180
|
12,000
to 15,000
|
|
Nungambakkam
|
130 to
150
|
13,000
to 16,000
|
|
Velachery
|
80 to
120
|
10,000
to 12,000
|
|
Pre to toll OMR
|
50 to 70
|
8,000 to
11,000
|
|
Anna Nagar
|
110 to
140
|
11,000 to 13,000
|
|
LB Road (Adyar)
|
110 to
130
|
10,500 to 13,500
|
For more information about JLL India research
Mr. Ashutosh Limaye
Head, Research and REIS
+91 98211 07054
Mr. Trivita Roy
Assistant Vice President, Research
+91 40 4040
9100
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