One of India's top metro cities and Southern India's largest industrial and commercial centre, Chennai's core business comprises automobile, technology, computer, healthcare and hardware manufacturing industries. It is one of the largest exporters of Information Technology (IT) and Business Process Outsourcing (BPO) services in India, second only to Bangalore. Chennai is also nicknamed the Detroit of India owing to its large automobile manufacturing base. After Mumbai, the city is the second largest financial hub in India.
The Chennai real estate market has been resilient despite the economic downturn and it continues to be one of the most stable markets. The ever growing IT sector and the city's core sector – manufacturing sector are driving demand for real estate properties in the city. Investing in Chennai real estate market is only proving to be increasingly prudent and wise.