need expert advice

Q: i am looking for a flat in Tambaram East (IAF road) area. Please let me know the current price in that area.

John Paul,

10th February 2014

Investment Advice in East Tambaram, Chennai

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Replies (4)

what is the current price in that area?

John Paul,

11th February 2014

Comment

Hey John, the current price trends would be Rs 3,947-4,318 per sq ft. The average price would be Rs 4,133.

Himani,

12th February 2014

Some of the pros are such as

It has both busy railway line and NH GST road nearby.

Suiting all the class like lower, middle, upper middle and high income Better bus/train/taxi facilities

Equidistance for IT hub as well as industiral hub coming up Possibility of sustained appreciation

Can reach air port, main Railway stations faster

Lower taxi/auto charges to important places

cons are like

Areas near the railway station/market too much crowded and some what polluted.

Due to some what narrow & poorly maintained roads, more difficult to ride through.

Old place in existance for decades and hence can see old houses.

Himani,

11th February 2014

Comment

Thanks dear. Can you tell me pros and cons of this locality.

Balwinder Singh,

11th February 2014

Comment

It is a well-secured place with dedicated police station, fire station and street lights positioned across the locality. The rise of residential colonies in this locality is also because of the green open space it has to offer.

Many parks such as the Gandhi park, Thirupur Kumaran Park and Krishna Nagar Park and others at Burma Colony and Bharathi Nagar has pushed the number of residential colonies in this area. Closeness to employment areas has also led to the rise of residential property demand. Private and government schools and colleges are found here. Malls and high streets are also present in this locality.

Supratim,

11th February 2014

Comment

As far as I know you can get good returns as it is an ideal location for families to settle down as it is a old locality so you can also find many old houses there. It offers great connectivity to all parts of Chennai. Land and house I think you should go for Thambaram. It is good for both long term investments as well as enduse purpose. Within 5 years you can expect good appreciation.

Pranab Malakar,

11th February 2014

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