Titled as 'The Chennai Residential Real Estate Report', it also said the housing loan market of Chennai was expected to be Rs 800-900 crore, calculated on a monthly basis

The demand for housing in Chennai is expected to be in the range of 30,000-35,000 units annually, driven mainly by IT and ITeS sector, banking, financial services and Insurance (BFSI) and manufacturing, which includes automobiles, according to a report by real estate PE firm ASK Property Investment Advisors.