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Real Estate Forum in Adyar, Chennai

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

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Service tax on rent
Q: Is service tax payable on rent? What is current service tax in Chennai?

adyar in chennai
service tax rate in chennai
service tax on rent
Latest Answer: Hello Muniraj, Yes, a tenant has to pay service tax as it is declared service. However, there are certain exemptions and condition for it. Tenant need not to pay service tax when the residence is used for residing but in case for commercial activity the same is covered However, he or she is not liable to pay service tax unless it exceeds threshold limit of service tax which is 10 Lakhs. Renting of vacant land is not taxable Renting of property to educational institution and RBI is also exempted.
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Mortgage Loan in Chennai. How to apply mortgage loan?
Q: If you looking for Mortgage Loan In Chennai and searching for the best loan providers, We will prove to be the most resourceful and comprehensive place. Mortgage Loan In Chennai Apply For Vacant Land Mortgage Loan, Patta Land Mortgage Loan,

mortgage loan
home loan & loan against property
land mortgage loan
documents required for mortgage loan
Latest Answer: Hi, What would be the rate of interest for Mortgage Loan? And which all documents and approvals needed for it? Thanks
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Shushmithas Palacio at Adyar
Q: Can anyone share feedback about the locality Adyar as I am looking forward to buy a property here for investment purpose?

shushmithas palacio project review
shushmithas palacio approvals
shushmithas palacio price details
Latest Answer: Has the project got legal authority approval? Which financial institutions are providing home loan for the same?
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I want to know about the price of Vinyl flooring, I am in Chennai Adyar want to install in my Shop
Q: I want to know about the price range of Vinyl flooring, I am in Chennai, Adyar want to install in my Shop

Latest Answer: Vinyl is an affordable flooring product which is mold, water and stain resistant. The rate per sq. ft. Ranges from Rs. 20 to Rs. 400.So it is better that you can directly go to the local dealer and take quotation.
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Adyar & Velachery are having healthy profit through resale & capital appreciation.

buying resale property
chennai real estate investment
chennai real estate market
investment i chennai
chennai resale property
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.
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Fire safety licence for Multi storey residential projects
Q: Can any one tell me whether Licence from Department of Fire service is needed for 10 year old Multi storey residential projects.
If yes, what is the validity of such a licence?
Is it to be renewed every year?

Latest Answer: I saw the link in my lap top...however it says Multi-storey buildings...IS RESIDENTIAL MSBs also need to take licence? I am told some builders in chennai are saying Licence is to be taken ONLY for commercial MSBs. kindly clarify.
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Adyar, T Nagar & Nungambakkam areas are gaining popularity among end users & investors.
Q: Now a days rental market & Corporate leasing are good in these areas.

rental and selling
chennai real estate
buying property in chennai
investment advice chennai
chennai metropolitan development authority
infrastructure and construction
chennai infrastructure
Latest Answer: Hi Guys, Consider Nungambakkam, where a 2BHK unit spread within 1300 sq ft costs between Rs 1-1.5 crore. However, rents are attractive considering that flats within 1300 sq ft can get as much as Rs 45,000 per month. Larger configurations (4BHK of 4000 sq ft) means you can earn close to Rs 3 lakh per month as rental returns. When the Mount Road metro becomes operational, values are expected to rise further and so will the popularity of the place.
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what is the price

Latest Answer: As per my knowledge, Adyar is one of the posh locality in Chennai , which has all daily basic amenities like school, college, hospital & banks nearby. For investors & end users this place is a gold mine . Situated in a prime location it always attracts IT people ( for rent) , home buyers & investors. From connectivity point of view, this place is easily accessible by city transport & train.
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28 years old 2 bhk of 680 sq.ft.in first floor at Gandhinagar,Adyar,Chennai-20 is qutated for Rs.60 lacs.Is it worth buy

Latest Answer: Hi, in my concerned avoid buy too much old apartment . its better look in fresh properties as old properties get depreciation value in long run and u have to add more amount in reconstruction and repairing cost.
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How adyar is treating to investors ?

investing in real estate
chennai real estate
investment in chennai
rent in adyar
real estate adyar
luxury properties chennai
Latest Answer: What is the current rate per sqft going on in Adyar? I just want an idea how much will be the price of a 2 or a 3 bhk unit in this locality.
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