Investment Advice

Q: Hi.. i am planning to buy a plot in Chennai for investment purpose.And yes my budget is around 10 lakhs. Can anybody suggest me the areas..??

Dev, Mangalore

10th January 2013

Investment Advice in Chennai

plots in chennai

chennai plots

Follow Discussion

Also see discussions for

Chennai Investment Advice Investment Advice in Chennai

Replies (5)

I want to buy property with a budget of 35 to 40 lacs for investment purpose.So plz pinpoint 2 3 projects 4 me which can provide good returns over 10 years.

Sundar, Chennai

13th October 2015

Comment

Hi ,
Pallikaranai is neighbourhood and a fast growing residential locality in Chennai, a metropolitan city in Tamil Nadu. Located in proximity to the IT industry in OMR, Chennai central business districts and the automobile hub in GST Road have attracted more population to Pallikaranai . It became a part of Chennai Corporation in July 2011. The nearest airport of Pallikaranai is Chennai International Airport near Meenambakkam which is at a distance of 5 kms. Chennai central railway station would be around 15 kms from Pallikaranai.

Ram Gopal, Chennai

13th October 2015

Comment

I am planning to invest 15-20 lakhs in a residential plot in Chennai. I am expecting a good appreciation value on that plot. Can you please let me know in which area/region in Chennai I can invest so that I can get good appreciation value.

Srinivas , Chennai

13th October 2015

Comment

Hi Srinivas, i would like to say you can look at 1200 Sft Residential land at Millennium Square Oragadam for Sale 12.00 Lakhs. Very bright prospects for capital appreciation

V. Victor,

13th October 2015

@ Srinavas,
Pallikaranai is a good investment - martial land but ground water is good. Not many big developments in Pallikaranai - only small projects coming up. If for only investment and appreciation invest in Ponmar, Thaiyur in OMR, mambakkam in Kelambakkam vandalur road. If you are planning to make your residence within 3 years then buy in pallaikarani. The Appreciation is also expected to be seen here in coming years.

Komathi, Chennai

13th October 2015

Hi Dev..i would suggest you to go for Sriperumbudur area. There are many plots available according to your budget. Click Plots for sale in Sriperumbudur to see more details.

Sam Pawel,

24th January 2013

Comment

Hi Dev If your budget is around 10 lakhs , you can get almost 1200 sft plot in Sriperumbudur or in Vepampattu in Chennai tiruvallur line.These all lie in Chennai west. If you can wait for 5 years it will definitely shoot up once greenfield airport is announced.

Aveek Paul,

10th January 2013

Comment