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Real Estate Forum on Buying property in Velachery, Chennai

Real Estate Property Discussion Forum and Guide to Real Estate Queries in Velachery, Chennai

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Real estate investment advice
Q: I want to make money by investing in apartments. How can I pick apartments that are worth buying? What are the legal documents one should ask for before investing?

velachery projects
velachery
flats for sale in velachery
apartments for sale in velachery
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.
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BUYING A RESALE FLAT VELACHERY CHENNAI
Q: Need advice in buying a 13 year resale flat in velachery of 990Sqft with CCP.Flat condition is good not excellent. UDS 450Sqft
1. Is it a good idea to buy this flat for end use?
1. How much can I quote for the flat?
2. Will I have a decent return after 10 years?
Need urgent thoughts on this. Thanks in advance

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.
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SS Foundation Reviews
Q: I need few details and availability of the apartments in velachery, Chennai?

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.
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S&S Foundation Feedback
Q: I need a house status of S&S Foundation sarvam project and any offers provide for this project ?

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.
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SS Foundation opinion
Q: How do you rate s&s builders? I am planning to buy a flat in one of their projects. Please reply soon.

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!
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ssfoundation sarvam review
Q: Im planning to buy an flat in velacherry. When it comes to the quality and worth, somebody suggested me to go for s&sfoundatation Sarvam buildrs. Please suggest about this builders if anyone knows .

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.
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S&S Sarvam Review
Q: I would like to buy a flat,guys share about the demand in velachery area ?

Latest Answer: Hello Ms Radhika sundar Velachery is certainly a good place but the prices are too high. If you want reside in velacherry it is fine. From the investment angle the price shall be very high and future returns shall be moderate considering the fact there is already a saturation reached in terms of future buying or selling. Pl call me for a personal discussion on this 7667680900 or mail me at tsrgopu@yahoo.com
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Sarvam builders
Q: How is the project Sarvam? Is it good from an investment point?

builders feedback
Latest Answer: Sarvam is at Velachery which is one of the most in-demand locations in Chennai. The project has best of features. When i enquired about 75% was sold out and they said its almost completed. Investment-wise it is a great choice.
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We are planning tobuy an apartment in velaqchery, when we wre enquired the builder is constructing a 300 sq ft Room
Q: Builder has planned to construct a 300 sq.ft room for is office space in the ground stilt and UDS of 100 sqft, in total area of 2400 sqft, and 5 apartments . The area planned for builders office space is not in Fsi, so kindly clarify whether this will lead to any problem in future

Latest Answer: Hi, in my knowledge if FSI is the way to calculate min floor area ratio. so if any one is not following these mini fsi , he should definitely get notice from authority. so please avoid such kind of project.
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what is the current rate psf at Arcadiaa?
Q: I am looking to buy a 2BHK at this project. Can any one guide what is current rate, any issues with this project..Thanks

Latest Answer: We have flats ready at Vandalur along Maraimalai nagar highway starting price 30 Lakhs ( 830 sq feet). contact Aravindan-9176214828.
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