Sriperumbudur offers plots for 10 lakhs

Q: Hey I heard that Sriperumbudur offers plots for 10 lakhs. KIndly discuss on this news and let me know the availability.

Javed, Chennai

8th April 2014

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Replies (2)

Guys within Rs 5-10 lakh, there are options in sizes 600-1500 sq ft area and higher budget ranges of Rs 10-30 lakh and Rs 30-40 lakh offer plots of sizes between 2400-5000 sq ft.

Balwinder Singh,

8th April 2014

Comment

Hello Javed, Sriperumbudur in West Chennai and other popular locations include Gerugambakkam, Kancheepuram Taluk and Kovur. Plotted development is good for high returns on investment in the coming 5-10 years and being a major IT corridor, an investment in Sriperumbudur can be advisable in current time.

Jackie,

8th April 2014

Comment

How is the property rates in this region ?

Himani,

8th April 2014

@Himani: Property values in Sriperumbudur have grown from Rs 2,000-2,600 per sq ft in 2012 to
Rs 2,700-3,300 per sq ft in 2014. Around 1000 sq ft land has risen by almost Rs 7 lakh in two years.

Jackie,

8th April 2014

Hey I think this is right time to buy a plot for investment purpose. You can get good returns ,as this locality is in good demand currently.

Rubiya,

8th April 2014