Real Estate Forum in Velachery, Chennai

Latest Answer: The gross rental multiplier is a valuation benchmark that looks at a property relative to its rental income. To calculate a GRM, divide the price of the property by its yearly rent - for example, an Rs.6000000 house that rents for Rs.15,000 a month would have a GRM of 33.3, which is derived by dividing the Rs.180000 in annual rent into the Rs.6000000 price.

Latest Answer: The current FSI stands at 1.5 in Chennai for ordinary building (Not more that 8 units or high-rise building). Plot Coverage - At the ground floor, the constructed area coverage shall not exceed 70% of the Land area. This means the entire construction, though within the norms should not be done to cover the entire plot. This ensures opens space which is essential for air, natural light and safe in times of emergencies. Setback Space - Front, side and rear setback shall not be allowed as per the Regulation. The details may vary depends on the dimension of the plot. Height of the building - It should not be exceed 1.5 times the width of the road or maximum of 9 meters.

Latest Answer: Hi Girish , I recently brought an apartment in Sholinganallur. I was very well satisfied with apartment both in cost wise and also the amenities wise and I also suggest you to make a vist to Stepsstone Builders in Chennai they are genuine builders and they also make the documents section clean and transparent tranctions only.

Latest Answer: After 5-7 years of construction is the perfect time to sell a flat as the appreciation in rate will be flat around this time frame and more maintenance issues will start to arise. Resale is also great value at this timeframe. That being said you can also buy a flat that is 5-7 years old and live in it for another 13-15 years without facing any problem, but one cannot expect a very high return on the money invested. After 20 years bigger maintenance issues may arise constantly and need to be tended to often.

Latest Answer: Exactly, S and S Foundation provides classy apartments at velachery area.In this builders have good reputation.Construction quality & amenities also great.price range is 96 Lakhs to 1.13 Crores.

Latest Answer: The rent for a 2bhk apartment in Velachery ranges from Rs 10,000 to Rs 26,000 depending on the area of the apartment, connectivity, amenities provided etc.

Latest Answer: there must be some offers they r providing. they keep having many new n different pocket friendly discounts n offers. u can contact them to know more.

Latest Answer: I visted their project at porur few days bak and itz superb. im planning to invest in them. looks worth it, maybe u shud too!

Latest Answer: Hey Gopi, there is only one 3 bhk units available for sale in SS Sarvam, you can click on the link to check the details 3 bhk apartment for sale OR You can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirements to get matching properties details on your Email and Mobile.

Latest Answer: S&S is one of the most high-quality builders in Chennai. And I think Sarvam is one of the very good projects in Velachery. Very well designed and super amenities. Price starts from around 92 lakh onward for apartments in this project.