Demands for plots in Chennai

Q: Hey I am planning to buy a plot in Chennai. Can you tell me some basic details about it ?

subramanya, Chennai

12th May 2014

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Replies (4)

Guduvancheri is an outskirt of South-West Chennai and is located strategically on the National Highway 45. Demand for plots has been increasing due to the affordable rates when compared to the neighbouring areas.Guduvancheri is approximately 35 km from Central Chennai, it is demand as a residential locality.

Alex Stephen, Chennai

22nd August 2015

Comment

Hi all, I want to know where to find plots within Rs 20 lakh in Chennai?

Parashuram, Chennai

21st August 2015

Comment

Hi I think plots are a preferred investment option as they give good returns when compared to the other housing types.but for getting more capital appreciate one should check localities review and connectivity, Is project is under gate community or what kind of facility thus builder is providing with the project.

Guruprasad, Chennai

21st August 2015

Hello, Mr. Prasad, I am planning to invest around Rs 15 - 20 lakh in a plot in Chennai. I am expecting good returns in a duration of two years. where should I invest?

Parashuram, Chennai

21st August 2015

@ Parashuram
In the budget range of Rs 15 to 20 lakh, areas such as Oragadam, Guduvancheri and Sriperumbudur offer plot options to buyers.These localities also have maximum demand and inventory for plots in the city.

Guruprasad, Chennai

21st August 2015

Heard that many developers are coming up here. What do you want to say about it ?

Pranab Malakar,

12th May 2014

Comment

@Pranab:Yes and also today’s investors are cautious and opt for only DTCP approved plots and those that are offered with the provision to avail loan.

Supratim,

12th May 2014

Also plot loan is available only on the guideline value of the property and not on the market value of the property. :)

Rubiya,

12th May 2014

Hey Subramanya, the medium range investment in the price range of Rs 7–12 lakh are now consistently pushing the land developers to continue development. Some of the areas like Wallajabad and Achirapakkam are hot spots for those looking to invest in the price range of Rs 7-8 lakh.

Vivek Kulkarni,

12th May 2014

Comment

Hey guys also there are some of the other plots such as , those who can afford Rs 12 lakh and above can go for Oragadam, Sriperumbudur and Sunguvarchathiram having multiple options.

Supratim,

12th May 2014