Lakshmi Vijaya Nagar Review

Q: Hello I am interested to know about this project. Can you tell me the price range and size quoted for the units ?

subramanya, Chennai

6th March 2014

Residential Project Review in Lakshmi Vijaya Nagar, Velachery, Chennai

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Replies (3)

According to me it would be very good idea if you are planning to buy property in Velachery. 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 5 years you can expect good appreciation.

Kunal,

6th March 2014

Comment

When is the expected completion date ? Are they giving any discounts or negotiations ??

Balwinder Singh,

6th March 2014

Comment

@Balwinder: The expected completion date will be by september 2014. They will give around Rs 100 negotiation on price per sq ft.

Gurmeet,

6th March 2014

How is the locality of the project ?? Any schools or colleges near by ?

Balwinder Singh,

6th March 2014

@Balwinder: Velachery is an emerging residential hub for IT professionals and other office goers working in around places such as Velachery, Taramani, Perungudi, OMR. It is very easily accessible to OMR and ECR roads. Also restaurants like McDonnell, KFC, Subway, Pizza corner, Dominos are near by.

Some of the reputed educational institutes within the radius of 3 km are Sunshine, DAV, Ponvidyashram, Bethel, surprising Velachery has some of the reputed play schools for kids such as Jumbo kids, Kidzee, Eurokids within the radius of 3 km. Colleges such as Guru Nanak College, PSN Group of Institutions and Besant Technologies.

Pranab Malakar,

6th March 2014

Hello Subramanya: this project is located in Vijaya Nagar 6th Main Road Ram Nagar 2nd Cross Street, Velachery.

The price range of 2bhk is around Rs 77 to 83 lakhs for 956 - 1019 sq ft, for 3bhk it would be Rs 94 - 1.09 cr for 1154 - 1354 sq ft.

Gurmeet,

6th March 2014

Comment

Hey thanks for the information. Is the project approved ?? What is the current price per sq ft ?? Which all banks have approval for home loans in this project ?

Himani,

6th March 2014

@Himani: The project is approved by CMDA. The current price per sq ft will ve Rs CMDA. The current price per sq ft is around Rs 8,100. Banks such as HDFC, Axis bank and LIC Housing Finance have approvals for home loans in this project.

Gurmeet,

6th March 2014