Willing to buy Duplex apartment in Color Fields ?

Q: I bought color fileds (color Home) sholinganallur apartment. (Duplex). Form the day one I am here in US and not able to visit that or maintain it either, I heard yesterdaty ( 01 dec 2014) from the builder that the apartment is ready for possession. Since I am not able to visit india often I am planning to sell it. if somebody interested in buying that please let me know. you can reach me.

Thanks
James

Johney, Apartment Resident

3rd December 2014

Property Selling in Color Fields Apartments, Sholinganallur, Chennai

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Replies (2)

Hi,
I am willing to invest residential real estate property. I have not decided whether i should invest on plot or apartment. I heard this is a nice location but the average area price is gradually falling down. So may I get some information about this locality price trend ?

Alex Stephen, Chennai

4th December 2014

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Hi Alex,
The average residential price of Sholinganallur is having many ups & down in last two years. In year 2012 ,this average price was 3900/sq-ft. And this price was high in the end of year 2013. Then again this price was little bit down again. Now in year 2014, this average price is around 5000/sq-ft. So yes comparatively this price is gradually increasing but not showing any certain improvement.

Yugesh Gowda, Chennai

4th December 2014

Hi Mr Alex,

According to me,Sholinganallur is a decent residential area crowded with all types of housing such as villas, multi-storey apartments ,residential houses & residential plots. Both new and old residential buildings are available here. The expand of IT SEZ areas around the place can be credit to its growing demand. Major names in the IT/ITES sector include Accenture, IBM, HCL Tech, CTS, Mahindra Satyam and EBay Inc among others.

Rajnikanth, Chennai

4th December 2014

Hi Mr Stephen,
As per my knowledge, other elements driving the demand of this place include appreciating value of properties, job opportunities and upcoming and existing good roads. Well connected by auto-rickshaws, buses and taxis, Sholinganallur is located at the crossroad of East Coast Road to Tambaram and Adyar to Mahabalipuram, along Old Mahabalipuram Road. Both the airport and railway station is located at a distance. Parking facility is difficult to find.

Rangaraju, Chennai

4th December 2014

Hi Alex,

In my point of view, water is a very big problem in Chennai not always but specially in Summer season. Mostly many reputed & developing area are suffering from this problem One of them is Sholinganallur. Water, for residents of Sholinganallur, has always been a problem of too much or too little. Close to two years after it came under the Chennai Corporation's purview, the zone is set for a major overhaul of the sewage and water distribution system.

VKumar, Chennai

4th December 2014

@ Mr Alex,
Yes that is true, there was some civic issues in this area. But things have changed now. Now a days there is no such issues because The Chennai Metropolitan Water Supply and Sewerage Board or Metrowater has done comprehensive underground sewerage and water supply project in the area that is reeling under a severe water crisis.

Chandra mouli, Chennai

5th December 2014

Hi Mr Alex,

I must say that, most newly-added areas have been facing a water shortage, Chennai Metropolitan authority has identified Sholinganallur for the project(Water & sewage development) as it has seen a lot of development in the last few years. So residence of Sholinganallur are hoping this project will address the problems of the residents.

Chandra mouli, Chennai

5th December 2014

Hi Mr Johney,

You can call on this toll free number (1800) (180) (180) (180) Or List your property for sale at List your property for sale to find right buyer.

Srinivas , Chennai

4th December 2014

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