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Real Estate Forum on Investment Advice Chennai

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Q: What is the outlook of the Chennai real estate market? Would I like to hear your opinions about the Chennai realty market?
Latest Answer: I would suggest you to kindly visit http://www.mouthshut.com/chennai-builders-and-developers or http://www.consumercomplaints.in/?search=chennai or any other website which gives consumer reviews, Explore in detail. This is the voice of consumers like us about different Real Estates in Chennai. Be aware before investing.
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Q: Hi, I am planning to buy 2 BHK unit in Arun Excello Four Green, suggest whether this project is a good option for investment?
Latest Answer: Yes, in my view point both projects are good for investment. However the cost of CASA Grande Arena is cheaper than this project. Arena comes with independent and bigger size unit in comparing to Four Green.
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Q: Give description about your Question.
Latest Answer: Residential apartments with a covered area of 600-1600 sq ft in the belt are priced in the range of Rs 17-65 lakh.Average price in this area is around Rs 6000 to Rs 6100 per sq ft.
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Q: Hi , I am planning to invest in VGN Dynasty. I want to know is it worth that I get good return from my investment in next 5 yrs.
Latest Answer: Hi, Recently I have contacted the builder for this project and he told me that this project is almost sold out and few units are available with 740 sq ft area in 2BHK and the price what the builder is quoted is Rs 2700 per sq ft and overall cost of the unit is 23.5 lakh excluding car parking. Car parking is optional and car parking charge is 3 lakh.
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Q: Will India's Property Market with Unsold Apartments become Crisis For Common Man?
Latest Answer: Hi according to one of the top research firm in real estate housing shortage and on another you have rising inventory and thats a very big paradox in real estate market.
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Q: Will Bollineni Hillside Phase II at OMR road is good option for investment? please suggest.
Latest Answer: Hi, price is showing increasing trends , current price is 4150 per sq ft. project launch date is in 2009 with starting price of 3999 per sq/ft.. and now it increased. so we can say that price appreciation is well in this project.
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Q: Is Thiruvanmiyur is better option for investment in Chennai?
Latest Answer: Hi all, Thiruvanmiyur is a well-established area and falls into a luxurious category.The buyer of this area is from niche segment, which includes established business community and HNIs.The presence of good social infrastructure like, schools and hospitals will further help to boost the demand.
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Q: Give description about your Question.
Latest Answer: In a budget up to Rs 15 lakh, Oragadam offers one freehold plots with sizes varying from 600 to 2000 sq ft. Plot is available in both new project as well as resale market.
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Q: User friendly localities in Chennai for investment. Anna Nagarm Oragadam, Perungudi & Nugambakkam are showing certain interest among end-user and investors.
Latest Answer: What are the top localities in terms of consumer preference in Chennai residential market?
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Q: Where does premium properties in Chennai concentrated?
Latest Answer: Hi Mr Naidu, In my opinion, those consumers who are able to pay such an quantity like these central localities as they're near city center, coupled to all or any vital areas of town and have all basic facilities like colleges, hospitals, banks, ATMs etc. Whereas earlier consumers were hesitant to appear for property here as a result of most of the homes and flats were previous, the re-development wave has modified the situation utterly.
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