Need suggestion about Vetri Nagar.

Q: Hi, we are planning to buy a plot in Vetri Nagar (Either in phase I/II) at Pallikaranai area. But, I heard that there is a problem going on related to Marshland (Wet land) located just next to Vetri Nagar. Is that true? have any one bought the plot recently? any suggestion is appreciated please.Since it's a reserved forest (Marshland), am not sure where to confirm the details. Please suggest me if any one knows the exact reason or the problem of why no one has started the construction...I hope the input would help for those who are planning to buy the plot around the area...

Ram, Bangalore

19th March 2012

Buying property in Chennai

vetri nagar

marshland

wet land

pallikaranai

reserved forest

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Replies (6)

Hi Ram/Rajan/Manikandan,
I am also planning to buy a land in Vetri Nagar Phase II. Did u confirmed the details from the revenue/forest Dept about the restoration of Marshland. Did they provide any clearance certificate like? it would be great/helps lot if you provide information for the same.

Thanks in Advance.
Ravi
9543075735

Ravi, Chennai

14th August 2013

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Hi Ram, Please let me know is it safe to invest in Vetri Nagar. I think you have got the details from the revenue dept. about the restoration of Marshland. Please share me your thoughts & findings on the Vetri Nagar. Also can you give me a approximate per sq. ft. value of a land in Vetri Nagar.

Manikandan, Chennai

31st October 2012

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You can discuss with your legal expert and thoroughly check documents and go to revenue department and get details on restoration of Marshland, if no issues is there on the said property you can go ahead.

hiren.gowda,

21st March 2012

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Again, an article has come in today's "Thehindu" paper related to the restoration of Marshland (Corporation reluctant to give marshland for restoration). However, there is no specific area mentioned in it. But, discussed area is right side (southern side) of Inner ring road...

Ram, Bangalore

20th March 2012

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Hi,
There is no problem in that area. If the documents are clear then you can proceed. It is a very good place. very near to main road and railway station. I have checked in all aspects and purchased recently. Birda Sanctuary is far away from Vetri nagar. I have discussed with Forest officials too. After some monhts/yeats it will yield good returns for sure. It is going to be the tourist attraction soon.

Rajan, Chennai

20th March 2012

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Hello Ram, As you said that there is problem going on related to wet land may this is the reason why no one is ready to construct or buy a plot there. I would advice you to take advice from your legal expert about it before buying any plot there.

hiren.gowda,

20th March 2012

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