Anna Nagar lying south of Chennai central, Anna Nagar contains several hotels, restaurants, shopping stores and IT companies that contribute to the commercial profile of the region.
Retail shopping options have caused a remarkable hike in real estate prices at Anna Nagar. A principally upper middle class neighborhood, it has become the default option for retailers when they consider opening a second show room in Chennai. Though the original small shops around the corner, like Fourteen Shops, which used to meet the daily basic needs of the residents still exist, their business is on a decline. Thanks to the emerging lifestyle stores in the area.
The Second Avenue in Anna Nagar is somewhat similar to a high street. With space becoming increasingly rare, retailing presently dominates the Third Avenue where Archies and Sundaram Motors have just raised shutters. The important names on Second Avenue are Food World, Gautier, Crocodile, Pizza Hut, Barista, Hutch Shop and Damro Furniture.
Thus Anna Nagar is one of the major shopping destinations of Chennai especially known for its retail shopping.
Last Updated on 11/2/2011