Affordability and the real estate growth story of a city are strongly correlated. As areas in the traditional CBD, and Pre-Toll OMR witnessed a rise in prices, suburban micromarkets like Guindy and Mount Poonamalle Road (MPR) emerged as attractive alternatives. Even marginally distant areas like Pallavaram Thoraipakkam Road (PTR) have been witnessing an increase in activity. The MPR-PTR cluster has a strong pipeline of new supply that will cater to the increasing demand for office spaces.
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