Rent at DLF OMR

Q: I own a flat in OMR DLF Chennai.3BR 1559 sqft, Rent how much I will get ?If I sell how much it will fetch, Advise which option is better

Nataraj, Apartment Resident

29th November 2014

Rentals in DLF Garden City, OMR, Chennai

3 bed room apartments

Follow Discussion

Also see discussions for

Chennai OMR DLF Garden City Rentals Rentals in Chennai Rentals in OMR Rentals in DLF Garden City

Replies (2)

Hi,
OMR is one of the posh area and covered with almost IT company so the location its self seen good appreciation in sell or in renting the properties.current for 3bhk unit u get approx 18to 26 K depending upon how u lent it out . whether is unit is semi- furnish or furnish.

Komathi, Chennai

21st January 2015

Comment

Hi Nataraj,

As per my knowledge, if you will give your 3 BHK per rent then, current price of 3 BHK, 1559 sq-ft will come around 20000/- to 25000/-per month. Which is actually a better option now a days. This location is fully developed & still some infrastructure work is going on. All major IT Parks, Offices & Hubs are situated very close to it. So rental appreciation is very high as rental demand is there always in all over the year.

Priya Sharma, Chennai

1st December 2014

Comment

Hi Nataraj,

According to me, if you want to sell your 3 BHK apartment, then i guess the price will stretch from 73 lac to 91 lac. As everybody knows that this project is located in one of the prime location with decent environment , here demand will be more & supply as well. As OMR is an emerging & developing area in Chennai , definitely you will see high & good capital application. So resale apartment will be also a good idea in this locality & in this project.

subramanya, Chennai

1st December 2014