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Chennai is the capital city of Tamil Nadu which is located on the Coromandel Coast off the Bay of Bengal. Chennai is the biggest economic and educational centre in South India. Chennai is known for its automobile industry. Chennai as the safest city in India according to The Quality of Living Survey. Chennai attracts health tourists visiting India, and domestic health tourists. Chennai is in the top 25 real estate destinations list in the Asia Pacific region. Chennai is rated the fourth-largest economy in India. Chennai has an industrial base in the automobile, technology, computer, healthcare and hardware manufacturing sectors. Chennai is one of the fastest growing cities in the world. The city has many automobile industries and auto components industries. A large number of automotive companies like Hyundai, Caterpillar Inc, Robert Bosch, Renault, Ashok Leyland, Nissan Motors, Mitsubishi, BMW, Ford and Komatsu Limited have manufacturing plants in Chennai. Chennai experienced the highest growth after the global financial crisis according to survey on the residential price index of Indian cities by the National Housing Bank. Real estate prices are very high in some prime localities in Chennai. 3 BHK cheap fully furnished service apartments for rent in Chennai short term rental is quite expensive.
Chennai is one of the biggest cities in India located in the coromandel coast of Bay of Bengal. Chennai is India's second largest exporter of information technology and business process outsourcing services. Chennai is known as the Cultural Capital of South India and is the most visited city by international tourists. The city also has Madras Stock Exchange. Chennai has a diversified economic base anchored by the automobile, software services, financial services industries, health care and hardware manufacturing. Ambattur–Padi industrial zone has many textile manufacturers and a special economic zone (SEZ) for apparel and footwear manufacturing in southern suburbs of the city. Chennai contributes to India's leather exports. Chennai real estate saw price appreciation of seven percent in some of the places. Medical tourisms has added to Chennai's economy with 45 percent of total medical tourists to India. Service apartments are in high demand. 2 BHK economical semi furnished service apartments for rent in Chennai on monthly rent basis are costly but affordable. Service apartments have all the basic amenities with flexible stay options. Complete budget service apartments in Chennai with price details is available here.
Chennai is the second largest Indian city with any software and software services companies making second largest software exporter in India. The Tidel Park in Chennai was billed as Asia's largest IT Park when it was built. Chennai has the largest base for major software companies. Tidel Park has many financial institutions, including the World Bank, Standard Chartered Bank, ABN AMRO, The Royal Bank of Scotland, Bank of America, Goldman Sachs, Barclays and many more. Chennai is home to the commercial banks like Indian Bank and Indian Overseas Bank etc. The TICEL bio–tech park and Golden Jubilee bio–tech park houses many biotechnology companies and laboratories Telecom and Electronics manufacturers based in and around Chennai include Nokia, Nokia Siemens, Motorola, Dell, Wipro, Zebronics etc.Chennai is currently the largest electronics hardware exporter in India. Telecom giants Ericsson and Alcatel-Lucent, pharmaceuticals giant Pfizer and Dow Chemicals have research and development facilities in Chennai. Real estate prices are soaring in Chennai. 1 BHK long term stay serviced apartments in Chennai is not less than Rs.15000 per month..
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