The numbers that decide it — rental yields, occupancy, appreciation and the ownership rules and taxes for buying in Kandigai.
| Metric | Value | Notes |
|---|---|---|
| Domestic Tourists (Tamil Nadu) | 286M · 2023 | Tamil Nadu state-wide data. |
| Foreign Tourists (Tamil Nadu) | 1.17M · 2023 | Tamil Nadu state-wide data. |
| Foreign Tourist Arrivals (Chennai Airport) | 815,046 · 2024 | Chennai Airport specific data. |
| Avg. Rental Yield (Chennai) | 3-5% · Annual | Varies by property type and location. |
| Rental Yield (OMR Corridor) | 6-7% · Annual | Higher in IT-driven corridors. |
| Property Demand (Chennai) | Robust · Ongoing | Driven by IT professionals, students, and families. |
| Infrastructure Development Impact | High · Ongoing | Positive impact on property values and demand. |
| Metric | Value | Notes |
|---|---|---|
| Managed-Rental Gross Yield | 4-6% | Varies by property type and management. |
| Capital Growth (YoY) | 10-15% | Along the Vandalur-Kelambakkam corridor. |
| 5-Year CAGR (Capital) | 12-18% | Reflects sustained growth in the region. |
| Rental Demand Stability | High | Consistent demand from student and professional population. |
| Infrastructure Project Impact | High | New roads and amenities boost property value. |
| Vacancy Rate | Low | High occupancy due to student and IT population. |
| Metric | Value | Notes |
|---|---|---|
| Fixed Broadband (download) | ~60.34 Mbps | India/Ookla benchmark with 5G-led mobile gains; micro-location coverage varies |
| Mobile (4G/5G) | ~131.47 Mbps | India/Ookla benchmark with 5G-led mobile gains; micro-location coverage varies |
| Monthly Cost (1 person) | Rent + food + utilities + transport | |
| Rent — 1BR (city center) | City or nearest practical urban proxy | |
| Mid-range meal for two | Three-course dinner without drinks | |
| Coworking (monthly pass) | Few dedicated spaces nearby; many workers use Chennai or OMR/ECR hubs | |
| Coworking Spaces (within 5km) | 0-3 | Few dedicated spaces nearby; many workers use Chennai or OMR/ECR hubs |
| Air Quality (annual PM2.5) | ~35 µg/m³ | Using Chennai IQAir context; coastal belts can feel better but annual exposure is still moderate |
| Nomad Community | Low | Digital nomad visibility and remote-worker ecosystem |
| English Level (daily use) | Medium | Practical daily use for housing, food, transport, and services |
| Digital Nomad Visa | No dedicated nomad visa (e-Tourist Visa 30/90/365 days) | e-Tourist visa up to 1 year multi-entry (90 days per stay) | Tax resident if >182 days; foreign-source income generally not taxed for non-residents |
| Timezone | GMT+5:30 (IST) | — |
| Primary Language | Hindi, English (multiple regional languages) | — |
| Buyer | Permitted | Tenure | Conditions |
|---|---|---|---|
| Indian Resident | Yes | Freehold | Unrestricted purchase of residential, commercial, agricultural |
| NRI / OCI | Conditional | Freehold | Residential and commercial allowed; agri/plantation/farmhouse only via inheritance |
| Foreign National | No | None | Cannot purchase; inheritance allowed from Indian resident |
Investment figures are directional market estimates, not guarantees — actual yields, rates and appreciation vary by property, operator and timing. Verify with a professional before investing.
NRIs and OCIs can freely buy residential and commercial property in India (not agricultural land), with purchase funds routed through NRE/NRO banking channels.
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