Hi am planning to invest around 10 to 15 lakhs on a land in chennai

Q: 1. Am looking for a area size of 1200 to 2400 so that in future I can give to a builder for construstion.
2. Should I go for approved or un-approved land.
3. Please also let me know the pros and cons on the same.

Thanks in advance for your suggestions

Suresh, Chennai

29th July 2013

Investment Advice in Sithalapakkam, Chennai

Follow Discussion

Also see discussions for

Chennai Sithalapakkam Investment Advice Investment Advice in Chennai Investment Advice in Sithalapakkam

Replies (3)

Buy a Residential Property in Chennai - South like OMR or GST....We are a builder from chennai and promoted DTCP Approved Plots in OMR - The Aurora.....You can consider this property for your investment purpose......for more info - Naresh R - 9094449821

Naresh, Chennai

23rd August 2013

Comment

Want"FUNVESTMENT"on ECR on-road?Own a land in 130 acre INTEGRATED TOWNSHIP with GOLDEN BUDDHA TEMPLE, foundation by DALAI LAMA and many more for just Rs.5.99Lakh Ct: +91-8098151146
Thank u

Leonard, Chennai

17th August 2013

Comment

Approved (CMDA/DTCP) is always preferred as the layout is approved by the authorities - it may cost slightly more also. When land acquisitions happen approved layout get a better price from govt - but note that there are lot of houses constructed on unapproved land and it does not make it illegal