After Indira Nooyi, the Chairperson of the Pepsico, who purchased a flat in the
The latest person to enter the fray was the reputed film director Mani Ratnam, who is believed to have purchased a flat in
After Indira Nooyi’s Rs 7 crore flat in No.18 Poes Garden, Mani Ratnam’s flat too is being seen as a benchmark for property rates in around the area.
As reported by a realtor, people who have become newly wealthier, are bent upon living in a posh area where actors are also living.The fact that Mani Ratnam is moving to the Boes Garden will bound to raise the value of flats in an upward trend.
However, the old residents of the area are not happy about the trend, because the VIP galore in the area will lead to frequent movement of luxury cars, securities, traffic jam and even enquiries from the police personnel, usually the poor people living in the area becoming hapless victims.