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Home > Forum > Chennai > Investment Advice > Growth potential of Pallikarani and Medavakkam

Growth potential of Pallikarani and Medavakkam

Q: I am planning to invest in either in Pallikarani or Madavakkam , thus i want to know growth potential of both of them.

chennai real estate
investment in pallikarani
madavakkam apartments
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Replies (5)
1
In Pallikaranai,the avg price for a project on main is in between 5000 to 5200/sqft and the same for a project on main road in Medavakkam is around 5500/sqft. Hardly matter..you can choose anyone.
Ram Gopal


2
yes Shyam..property prices will soon shoot up very soon. The areas have also location advatages..i.e accessibility to OMR and GST. i would suggest you to invest at this moment.
Yugesh Gowda


3
Thank you for your inputs kaushik ans Suresh..since these both of them are added in corporation,..do you think prices will increase in near future..?
Shyam Sundar


4
Both are good..Pallikaranai and Medabvakkam have been added to corporation limit and the area is now getting all amenties.
Suresh


5
Hi Shyam, as per KF report the rates in Pallikaranai and Medavakkam did not increase. The excellent location of Medabvakkam is fetching more rentals
Kaushik Bardia


6

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