What is the going price here for this property?

Q: Need to know if the builder is quoting a fair price for the property

Rosy, Apartment Resident

4th October 2011

Buying property in Casa Del Mar, Uthandi, Chennai

case del mar uthandi ecr beach villa house

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I have seen this villa but I was looking at one which is a little closer to Neelangarai hence did not go through with this. The villa, specifications, amenities are all fantastic. As for the price, the villa is located on 2 grounds and the builder is quoting 3.5 Crores upwards while the land cost maybe 70L/ground and the cost of construction is Rs.2800 per sq.ft. for a 5300 sq.ft. villa.

This is a steal if you buy this from the land owners. The price offered is heavily discounted. I came to know this when I approached Home Konnect Advisory which is marketing the land owners share of the property. Check their website for more details.