Real Estate Forum on Chennai Investment Advice

Latest Answer: Thiruvanmiyur, South of Chennai, appreciates being decently associated with two noteworthy interfacing streets, East Coast Road (ECR) toward one side and Old Mahabalipuram Road (OMR). This is one motivation behind why the zone is a great deal all the more sought after for lease. You can lease a semi outfitted extensive 3BHK unit for the normal month to month rent of Rs 28,000-40,000. In any case, on the off chance that you are anticipating lease a completely outfitted flat, it would order a month to month rental up to Rs 60,000.

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.

Latest Answer: Rightly said, real estate has taken off in padapai

Latest Answer: Hi Guys, I am planning to invest some money in a residential project in Selaiyur area . I want to know the current market condition of this locality. Is Selaiyur showing any improvement recently ?

Latest Answer: I would suggest you should see the graph which shows the growth of property prices over a period of time, House of hiranandani has build flats from 30L to 1.5 cr so its a varied market. So of builders like Hira are having a development plan in these locations, that shows the realty sector is going to boom. Also see that the new government will also have a positive impact on reality sector.

Latest Answer: Hi Mr Pavan, As per different sources, the new government at the Centre speaks in the right language .Business sentiments have improved in the wake of a stable government that is encouraging policies in terms of relaxation of FDI norms, and taking forward investment vehicles like the REITs. This is exactly the message builders have sent to the state government. In a document to state IT Secretary TK Ramachandran, builders said high land cost is an obstacle in bagging contracts from one large automobile firm and an IT company which are waiting to enter Tamil Nadu with plans to occupy 3 million sq ft.