Latest Answer: The ECR has several places of tourist interest and widening of the road would help in enhancing residential as well as rental demand. This locality would be advantageous if you rent it out to gain a good rental income. Most people working in IT sectors prefer flats in ECR and OMR to stay. As a result, the locality has experienced property for rent significantly.
Latest Answer: Hi,
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Q:Recently my grandfather house is in talk for partitioning (3800sqft. my fathers share 800sqft) in ambattur, chennai . since both grandfather and grandmother are dead my uncle (my fathers elder brother) decided to split it between his brothers and sister. my grandfather had 3 sons and 1 daughter. my father is 2nd son. my father passed away 2 years back and all the other 3 are alive. now my uncle has proposed a weird way of partition which benefits him, his youngest brother leaving us with unusable land covered by houses 2 sides (free land in 2 side where uncle and aunt will build house once partition is over which leave us with land covered with house all 4 sides) and no immediate access to road and have only 5 feet passage to reach road from land.he is trying to capitalize my less knowledge on real estate as well as absence of my father and forcing me to take that land and giving me no other choice. I dont want to quarrel with him because he have helped me in many ways . i choose to accept the land allotted to me but i have no idea on how to use it properly. I am 20 year old and pursuing BE have no money to build house or anything. i need some idea from intellectual people of commonfloor on how can i use the land so that i don't feel like i was cheated because of my inability to fight back. I thought of making it a small warehouse (godown) or contacting telecommunication companies to install mobile phone tower. But i am not sure i am thinking the right way. Please help me by providing some idea on ways to utilize the land and make some money... i ignored the idea of building a house in the near future because as i said earlier i have no money and have debt in form of education loan. i don't want to increase my burden by getting home loan too. also i will depend on the income from the land for part of my monthly expenses. Please provide me an idea which you would follow if you are in a situation like this and provided a land with houses on all 4 sides.
Latest Answer: Yes, Off course, Bangalore with its IT hub enabling the real estate and some real estate builders like PURAVANKARA , and some other real estate builders made it very easy for the real estate improving wider in the Bangalore region, that is why real estate in Bangalore tops the best of the remaining cities....
Q:I zeroed-in to buy a land (1 groud) at Ram Nagar, Madipakkam. Chennai. Documents are clean but i see the land is watery (wetland). Is it safe to buy ? this is just for investment and no plan to construct building
Latest Answer: A prolonged demand slowdown has seen property prices in Gurugram and Noida witnessing a fall of 7 percent and 4 percent, respectively, in the last five years
Latest Answer: Nah re, i dont think because this has already been introduced in many states, most important this will help the government so they will be fast ...haha
Latest Answer: Hi Shilpa, the issue is that our authorities are not serving public but serving themselves by occupying public lans\ds for their selfish motives. Our chief ministers are acting selfish, theya re misusing their rights..
Q:I heard that SJR Unity is built on query land, which means its base will not be strong and water problem will be obvious. As SVS Palms is situated near to SJR Unity; I would like to check about quality of land in SVS Palms. Is it query land or not? Has anyone checked about it.
Regards
Ajay
Latest Answer: Hi Vidya, my understanding of Quarry land [its misspleed in above post] is that that land was earlier excavated/digged for extracting stones/slates and hence the grip of building might not be strong. I am not sure if SVS Palms on such Quarry Land or not [but nearby SJR unity is ] and also I am not sure of other problems due to Quarry Land. So, one should be little caution and find this info before putting hard earned money.