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According to me it would be very good idea if you are planning to buy property in Sholinganallur. As far as I know you can get good returns as it is an ideal location for families to settle down and it offers great connectivity to all parts of Chennai. Residential apartments are quiet famous here, It is good for both long term investments as well as enduse purpose. Within 3 to 4 years you can expect good appreciation.
@Supratim: All units such as 2bhk and 3bhk is available. The price for 2bhk is around Rs 43.55L to 51L for 986 - 1141 sq ft. The price for 3bhk is around Rs 75.73L for 1757 sq ft.
HI Pavan : This project provides good amenities such as Covered Car Parking, Clear Title. The expected completion date will be by dec 2014. Which unit are you planning to buy ?
@Supratim : Banks such as HDFC, Axis, SBI, IDBI banks have approvals for home loans in this project. This project is located in Sholinganallur, Chennai.