VGN Royal @ Avadi by VGN Developers pvt ltd.

Q: Hi, Right now I am working in IT consulting company and I am planning to invest in residential project, I have chosen one project of VGN developers, please anyone suggest whether this is a good option for investment?

sharath, Chennai

7th May 2015

Buying property in Chennai

vgn royal

avadi residential market

vgn developers pvt ltd.

Follow Discussion

Also see discussions for

Chennai Buying property Buying property in Chennai

Replies (6)

what about bank approval and market trends of Avadi in current market?

Komathi, Chennai

9th May 2015

Comment

Almost 50% of space is used for open or green area. And having world class amenities like: Swimming pool Library Multipurpose Hall Aerobics/Yoga Billiards Gymnasium, Indoor Games Home Theatre Suites Palystation Alley.

Priya Sharma, Chennai

9th May 2015

Comment

The project is tied up with ICICI, SBI, AXIS back for loan related work and as far as evade is concerned it is now as defense area of Chennai. Avadi water supply comes from the Chennai Public Works Department (PWD). The electricity supply in Avadi, is managed by the Tamil Nadu Electricity Board (TNEB). The real estate growth is in developing stage and the rate of Investment (ROI) is average. this project is approved by local municipalities for water supply and also ground water supply is there with this project.

Sundar, Chennai

9th May 2015

Comment

Builder person is very much confidence in the completion of a project till Dec 2016 and right now construction work is stated, piller work are almost completed. The project is located 2km from Avadi railway station and 1.5 kms from Hindu College, Close to Ambattur industrial Estate, 35 minutes Drive from Koyambedu, 25 minutes Drive to Sriperumbudur Industrial Corridor, 30 minutes Drive from Oragadam Industrial Corridor

sharath, Chennai

8th May 2015

Comment

@Gaurav, yes the current price is Rs 2750 per sq ft , which is reasonable which is reasonable if you look into realty trends/ price trends of Avadi which are in the range of Rs 2200 to 3000 per sq ft. This data is on the averages basic and of course you get lower price, but if you talk about gated community you do not get much more choice except this project. Thanks

Devendra, Chennai

7th May 2015

Comment

Hi, can any one tell me what is the status of the approvals and when is the project expected to get completed? Where exactly is the project located in Avadi?

Kushal, Chennai

7th May 2015

Hi Kushal, as I have spoken to the concerned person few days back and he said that project is approved by CMD and project get special approval of still + 4 in each tower. Almost 76% of the block a is booked and remaining is available.

Charan Raju, Chennai

7th May 2015

Hi Sharath, good decision to discuss your thought with us before buying properties, it is advisable to all that before investment in properties do some ground work which will helpful while taking decision. Now come to the VGN royal project, this project is launched in Nov 2014 with the launching price is 2700 per sq ft.

Devendra, Chennai

7th May 2015

Comment

Hi Devendra, thanks for sharing information, I have spoken with the builder person he said that the current price is 2750 per sq ft with no discount, Is it worth to go for the same cost?

Gaurav, Chennai

7th May 2015