Theagaraya Nagar popularly known as T Nagar is one of the oldest settlements in the erstwhile Madras Presidency. Planned as a residential area in the 1920s, today it has grown to be one of the foremost shopping districts of Chennai. According to recent reports, T Nagar is the biggest shopping district in India in terms of revenue generated per annum, surpassing cities like Mumbai and Delhi. The area also has clusters of overcrowded residential spaces, owing to the retail sector and the crowd it attracts on a daily basis.
In spite of a congested layout, the Corporation of Chennai has built recreational facilities like the Panagal Park & Dr. Natesan Park (spread across 8 and 4 acres respectively) in the locality providing some respite to the residents.
To read the entire Solid Grounds Micro Market Report on T Nagar, click here.
You can also track the price trends of micro markets in Chennai by clicking here.