Investment in Chetpet

@Himani: This locality is one of those localities where people who belong to the high income group can afford properties here. The market is stagnant but still demand still persists.

A 2 BHK would cost around a price range of 80 lakhs to 1 crore while a 3 BHK can go upto 1.5 – 3 crores. The cost keeps appreciating gradually due to the stagnant market type. Rental returns can reach to a range of about Rs. 45,000 – 55,000 for a 3 BHK and about Rs. 25,000 – 30,000 for 2 BHK. One can easily make about 3 – 6 lakhs on rental returns per year if he owns a house in Chetpet. So it would be very good for investment purpose.

Is there any good schools and colleges near by ?

@Jackie: Some of the schools such as St. Dominic Savio Higher Secondary School, St. Anne Higher Secondary School ,Government Higher Secondary School, Danie Matriculation High School, Panchayat union primary school, Dhivya Matriculation Higher Secondary School, Dhivya College of Education, Dhivya Arts and Science College ,Dhivya Polytechnic College, Dhivya High School are some of the important schools in this locality.