Is it a good plan to buy a house in Chennai for investment purposes by taking a home loan?

Chennai realestate has been seeing a vast development in the last few years because of the new It parks which crates a huge job oppurtunity which results in huge migration in that area.Due to the huge developments happening in chennai an International property developer called Risland is coming up with a property in chennai perungudi.There are 2 big IT parks of DLF and Brigade’s World Trade Center Building is been under construction

Yes it is a good plan. Perungudi is the best location to buy an apartment for investment purpose. It is well connected with all major roads. It is surrounded by many IT companies, schools, hospitals. Matro Rail project is proposed in perungudi. It is one of the fastest growing location in terms of development. An international residential developer came up with an project near WTC perungudi in corporation road. They are good in market now. One of the best project that I ever seen.