Perumbakkam is a fast-growing suburb of Chennai and is well known because of its close proximity to the IT corridors in OMR and Sholinganallur. It really is bordered by Medavakkam in the North, Semmencherry in the South, Sholinganallur to the East, and Sithalapakkam to the West. The real property in Perumbakkam is mainly driven by the IT corridors near it and by the professional inhabitants employed in this IT hub. Several new home projects are popping up across Perumbakkam with a significant rise popular.
While a big part of the population has already flocked the area to buy flats in Perumbakkam, there are still a few who are in two minds about investing in Perumbakkam. There are certain factors that keep folks from buying Perumbakkam such as traffic congestion, lack of good ground drinking water, and lack of proper entertainment and shopping centers. But to overcome these hindrances, it provides affordable apartments with all the current modern amenities and a good return on investment that too in a serene and green environment.
There are several new home projects in Perumbakkam from respected contractors such as Casa Grande Cherry Pie, KG Good Fortune, Radiance Mercury, Urban Tree Oxygen, Plaza Pristine Acres Phase 2, StepStones Akshara, Casa Grande Avalon, Embassy Residency, and much more. In case, you need a flat close to Perumbakkam flats in Thoraipakkam might excite you then.
Why should you invest in flats in Perumbakkam? Proximity to IT corridors: Located only a few kilometers away from Sholinganallur and OMR, Perumbakkam makes a perfect living place for anyone who works in these IT companies. With the majority of the IT companies situated in Sholinganallur or OMR either, the number of people working is more than 2 lakhs here. With large tracts of land common in the region, Perumbakkam can certainly cater to all the real estate requirements of people employed in the IT corridors.
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To stay away from the hustle bustle of OMR, a true number of people are leaving their flats in OMR and shifting to Perumbakkam. Affordability: Usually when a location is near IT corridors, its real estate value is usually very high and the house prices are also bound to increase. But this isn’t a full case with Perumbakkam as it includes various residential tasks at affordable prices.
It is carefully located to Medavakkam where in fact the capital ideals of the homes have reached more than Rs. 4500. People, who cannot afford to buy a set in Chennai Medavakkam, are shifting towards Perumbakkam due to affordable housing projects. The capital ideals of flats in Perumbakkam range from Rs. 4500 for apartments close to the main road and Rs. 3800 to Rs. 4200 for apartments that are a little further from the main road.
Unlike the earlier gas price example, there are thousands of interconnected and complicated unknowns or “black swans” that could impact the market. These could be wars, terrorist episodes, and disease epidemics, among other options. None of these dangers can be captured by historical volatility metrics like beta. 5. Prudent approval of risk is superior to shunning the unfamiliar.
Given the widespread reliance on beta as a dimension of risk, modern stock portfolio theorists have figured certain asset classes and subsets of asset classes offer higher profits, while some offer more safety. Eugene Fama and Kenneth French famously touted their three-factor model used to forecast expected results while they were both professors at the University of Chicago Booth School of Business. Small-cap shares are believed risky and considered offering long-term profits more than safer large-cap stocks.