IT/BPO companies expanding vigorously in chennai with 10000 or 20000
seating capacity should also come up with mega housing project atleast
for acomodating their employees. Bachelors group to gether and pay 12000
or even more for a flat. Families living in Rented house from Non
IT/BPO sectors was hit by the huge rent hikes. If IT companies are not
willing to do a housing project in the ratio of 1 house for every 10
employees they recruit, they should move to the second tier cities like
Coimbatore, Tiruchirapalli lowering the demand supply gap for housing in
Chennai.
IT/BPO can work from anywhere as their clients are already miles away and don't need a harbour to export/import goods near by.
