MADURAI

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An Overview

Madurai is a city in Tamil Nadu which is known as one of the oldest city in India. Popularly known for its rich heritage and culture, this city is filled with temples which show the infrastructural artistry of the city. The city is located on the banks of Vaigai and is noted among the most visited pilgrimage centres in India. Though the city is rich in heritage historical events, it too has the modern day touch. The economy of Madurai has developed strongly within the past five years. It is one of the most economically developed parts of Tamil Nadu. The citizens of the city have accepted this change and supported the growth of the economy. Job opportunities have increased enormously in this city in sectors like software development, finance and banking, human resource, biotechnology and aviation. Business opportunities too have been boosted by the growth of real estate market and small-scale business firms. With such an employment base, the city has spread its wings to expand its boundaries. This expansion has lead to the development of commercial and residential establishments. The demand for apartments, housing complex, offices, business centre and independent houses has been boosted due to this. Being a good spot for tourism, the government has taken special care to provide good hospitality services to visitors and migrants of other states. The major real estate agencies which are playing a key role in the development of the city are Uma Real Estate, Vilas Building Pvt. Ltd and TM Constructions. The government has focused on the development of the city without harming the rich treasure of culture and heritage of Madurai. Laying down of new roads and increasing road connectivity has made it easy to carry out commercial dealing between the neighbouring areas of Madurai with the city and other states.

A Closer look at Madurai

Market Snapshot

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