Monthly Real Estate Monitor - November 2013 Chennai Retail

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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