PBusiness locations: Business locations are quite spread out compared to other metros. The old business district is to the north , but the newer commercial areas are strung all along the long arterial Anna Salai road. Newer developments are more oriented towards IT , for instance software technology parks in the southern suburbs of the city.
New areas developed on the west are well planned. Heavy industry has shifted away from Chennai. The port is still the largest on the east coast of India. Most large public sector companies like ONGC have their regional headquarters in Chennai.
Land real estate prices have begun their upward spiral but not as rapidly as in Bangalore or Mumbai. Tidy well planned developments "nagars" are comfortable to live in. Chennai adheres to sensible plans and the city has expanded without going out of control like, maybe Mumbai.
Transit accommodation: Chennai has several hotels to suit all budgets. The average tariff for a three star hotel works out to Rs.1200-2000 a day, and many hotels close to the center of the city are available for Rs.500-1000 per day. The high end hotels are 5 star ones like Park Sheraton, Taj Coromandel and Chola Sheraton.
There are also several hotels for budget travelers and students like YMCA and YWCA.
Executives have a wide choice. Most of the popular locations are within a radius of 10 km from the business areas of the cities, which means commuting is not a problem like in many other cities.
For instance , Gopalpuram, Ashoknagar, Anna Nagar, T.Nagar, Besanat nagar. As an illustration, a 2 bedroom flat of approx 950 sq ft in the latter three areas would range from Rs 5,500 to 18,000 per month. Usually deposits are asked for 6 to 10 months in advance. Furnished flats are also available, as are furniture items too.While brokers are useful, the classifieds of papers like The Hindu make things easier. Chennai residents measure real estate in " grounds" i.e. units of 2,400 sq ft.
Packing and moving services are getting popular and are fairly efficient.
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