Latest Answer: Hi Charan ,
As per my own experience, another South Chennais locality, Velachery witnessed a six per cent rise in property prices during the Oct-Dec 2014 quarter. This means a 2BHK apartment priced about Rs 38 lakh during the Jul-Sep 2014 quarter is now being sold for Rs 40 lakh approximately. Even in Jul-Sep 2014 quarter, a three per cent capital appreciation was witnessed here.
