Is Chennai a posh city?

Chennai is counted among one of the expensive property markets in India, with average values standing at Rs 5,400-5,600 per sq ft at the end of 2021. The average prices in the posh areas in Chennai, where the HNIs and the city's prominent people have their residences, are much higher.

Which is the most posh area in Chennai?

Where rich people live in Chennai?

Where do billionaires live in Chennai?

Besant Nagar

It is located in the Southern part of Chennai. The guideline value is among the highest in the City. The area is home to some of the whose who of the City and many companies of global repute.

Where do most celebrities live in Chennai?

Gopalapuram. Gopalapuram is one of the most prime real estate areas in Chennai. The area is home to the number of celebrities and is popularly known for the residence of Former Chief Minister of state Karunanidhi. Gopalapuram is also home to renowned schools and colleges.

Top 10 Posh Areas in Chennai/ Best Residential Areas in Chennai/ Top Localities in Chennai to Live

Where do foreigners live in Chennai?

Try to look for homes on Old Mahabalipuram Road as Tidel Park is located at the start of this road. The other popular neighborhood for expats is the Besant Nagar area.

What is special about Chennai?

Ancient temples, vibrant arts, natural wonders and a bustling culinary scene make Chennai, the capital of Tamil Nadu, one of the most popular tourist destinations in the southern fringes of the country. Located on the Coromandel Coast, this busy metropolis was formerly called Madras.

Which celebrities live in Chennai?

Housing superstar Rajnikanth, Pepsico CEO Indira Nooyi and cricketer Dinesh Karthik, the locality comes with a heavy price tag.

Why Chennai is rich?

Chennai has an economic base anchored by the automobile, software services, medical tourism, hardware manufacturing and financial services. Other important industries include petrochemicals, textiles and apparels. The Chennai Port and Ennore Port contribute greatly to its importance.

Are there Punjabis in Chennai?

The 5,000-plus Punjabi families in Chennai constitute a relatively prosperous community. They are spread out throughout the city; there's no “little Punjab” anywhere in Chennai.

What is the good salary to live in Chennai?

How much salary do you need to live comfortably in Chennai? A person who works in Chennai usually earns 33.800 INR a month. 8540 INR is the lowest average salary, while 151,000 is the highest average.

How many rich people are there in Chennai?

Chennai has around 160 ultra-high-net-worth individuals (UHNWIs) and the ultra-wealthy population in the city is expected to increase by 65.6% to 264 by the year 2026, according to Knight Frank's The Wealth Report 2022. From 97 in 2016 to 160 in 2021, Chennai has been the fourth fastest growing city in terms of UHNWIs.

Which is best Bangalore or Chennai?

Bangalore has a better climate. Bangalore makes it easy to commute to other parts of India. But you'll save up more if you stay in Chennai as the cost of living is less compared to Bangalore.

What are the disadvantages of Chennai?

Chennai has a very hot and humid climate, which makes people feel restless and sick. And even the rain is the big troublemaker in Chennai. Its two rainy seasons literally forces the city to drown, due to heavy precipitation for half the year.

Is Chennai the safest city in India?

CHENNAI: Among cities in India with more than a million population, Chennai has the best quality of life, is highly resilient with best mobility options and is safe and secure.

What is the main problem in Chennai?

Chennai has major safety issues. Crime rates have been observed rising in the city. Major cause of concern is that many shameful crimes have took place in broad daylight where people don't even bother to help the victim. Violent crimes like armed robbery and assault have been observed on an increase.

Why Chennai is called Detroit of India?

Chennai is nicknamed the "Detroit of Asia" due to the presence of major automobile manufacturing units and allied industries around the city. The 4-wheeler vehicles in Chennai is the base of 30% of India's automobile industry and 35% of its automobile component industry.

Where do rich people live in India?

In 2021, Mumbai was home to the highest number of millionaires, followed by India's capital New Delhi, and the IT capital - Bengaluru. This comes as no surprise since all three cities have the largest share of high net worth households along with a booming economic outlook.

Are there Muslims in Chennai?

Islam was introduced in the city during the Mughal era and is currently the second largest religion of Chennai, accounting for around 9.4 percent of the population according to the 2001 census. An overwhelming majority of Chennai Muslims belong to the Sunni sect although a small Shia minority does exist.

How is the culture in Chennai?

Being a cosmopolitan hub, the city's culture reflects its diverse population that has resulted in a unique blend. Though a modern metropolis, Chennai continues to be traditional and conventional in certain ways. Traditional music, dance and all other art forms of Tamil Nadu are very popular in the city.

Which is the richest area in Tamil Nadu?

Kanniyakumari District

The southernmost district in mainland India, Kanniyakumari is the richest district in Tamil Nadu in terms of per capita income and tops the state in Human Development Index (HDI), literacy and education.

Why is Chennai called black town?

' After the establishment of the Company's factory at Madras in 1639, weavers and merchants were attracted from many other south Indian centres, and settled along the coast north of Fort St George, in what became known as 'Black Town,' as opposed to the 'White Town' in the fort.

Is Chennai a beautiful city?

Chennai is a beautiful city serving as the gateway to the south of India and has a distinct culture based on Tamil traditions. At the same time, the city is a modern cosmopolitan city with a very diverse population.

What food is Chennai famous for?