Real Estate Forum on Market Price

Latest Answer: Many thanks Mr Pavan and Mr Javed. Very helpful. With Anna Nagar (next door to Mogappair) selling at approx Rs.15,000/sqft, the 'top' end of the rate band in Mogappair/MogappairEast/West should be closer to Rs.10000-11000/sqft at least! So there must be some hidden reason for sellers who are quoting way below that 'top' band. I will keep in mind your helpful points. Tks so much. Rosa

Latest Answer: Tambaram village has a minimum guideline value of Rs.800 per sqft to a maximum of Rs.7000 per sqft. It has a mixture of all the residential classes ranging from Commercial Class I Type - I, Commercial Class I Type - II, Residential Class I Type - II, Residential Class I Type - III, Residential Class I Type - I, Residential Class II Type - II, Residential Special Type - I, Residential Class II Type - I, Residential Special Type - II,.. etc. Tambaram has got nearly 327 streets. When compare to the villages across Tamil Nadu, Tambaram ranks in 77th position in terms of having maximum number of street. Tambaram ranks in 72nd position in terms of having highest guideline value of Rs.7000 per sqft in Tamil Nadu. Tambaram has got nearly 1.90% of the streets in Thambaram taluk. i

Latest Answer: Land rates fluctuate depending on the area you are searching for. The market price depends upon the economic condition, demand and supply positions of the city.