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Real Estate Forum on Chennai Residential Market

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Q: Hi, currently I meet with one of my friends who are living in Chennai since last 20 yrs and he told me that right now Chennai people finding small home for residential purpose rather investing in luxury or big apartment? I just want to know what is the market sentiment going on in Chennai?
Latest Answer: I am not sure one persons sentiment shows the entire city's preferences. Everyone wants affordable homes, so if they are available yes, rent is mostly for those who are not from Chennai. Other than that the amount of new luxurious projects coming up in Chennai say otherwise, there are a lot of locals and outside investors that want such properties, and the growth of real estate here is shifting to premium properties.
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Q: Hi I am planning to buy a flat in project VGN Fairmont @ guindy. Is it a growing area? suggest whether to invest in this project or not?

Q: Hi, Why lots of residential projects in Chennai are not delivering projects on time?
Latest Answer: Hi All, I have invested in HIG Plan 2 yrs back and til now i have not get possession . I am already given all installment and now i am giving interest of my home low.my question is that why builder is not giving possession and completing the delayed project. at least builder should give proper reason for this excused.
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Q: Give description about your Question.
Latest Answer: Chromepet and Porur offers most extreme two-BHK flat alternatives on Rent. In Chrompet the quantity of rentable house choices estimated 600-1000 sq ft. Consequently,an apartment which was having monthly rental value of 7500-11000 in the month of March 2014 is now commanding a monthly rental between 10000 to 14000 in March 2015. Comparable ascent was recorded in Porur, where condo measured between 900 to1300 sq ft were accessible on a month to month rental of 11000-16000 are currently charging a normal rental of 12500-18000.
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Q: May I know the best builder and project available in Chennai residential market?
Latest Answer: Raheja Builders Chennai, Hiranandani Infrastructure & Real Estate Company, Pacifica Companies are the few developer in Chennai where you can look forward with buying eye.
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