Q:
Hi , Is demand for properties from end users in Chennai increasing this day?
Latest Answer: Properties in the budget range of Rs 30-50 lakh were highest in demand. Properties in all other budget ranges either posted a drop of 1-2 per cent or remained stable.
Q:
Heard that the city of krishnapatnam will be developed as the smart city on the Chennai Bangalore Industrial corridor - discuss!!
Latest Answer: At present, a single railway line via Venkatachalam as well as four-lane road serve the port. Provisions have been made to augment to a double rail line and 2 additional lanes of road. The previous governments had also sanctioned a new broad gauge line between the port and Bellary-Hospet iron ore mines. A pipeline corridor has been established to connect the port to the nearest 7 oil refineries with the purpose of liquid bulk transport. There is also a dedicated belt conveyor corridor with the purpose of transporting coal to the nearest 10 mega thermal power stations.
Q:
I was planning to buy a property in Vyasarpadi . Please let me know if it is a good idea to buy a property for end use ?
Q:
Hey I am planning to buy a 2bhk here. Can you share some basic details about the project ? How is the locality ?
Q:
Which all units are available ? Can you share the price details and size quoted for it ? I am interested on this project.
Latest Answer: Guys Maraimalai Nagar is industrial hub. It is on the GST Road surroundings are of it industries like Mahendra world city. It is very near to Sez of Oragadam and car factories like BMW, ford and others.
Q:
I am planning to buy a 4bhk. Can you tell me the price range and locality details of the project ?
Latest Answer: Hi.. I booked villa in BBCL Stanburry .. Please let me know if u booked any villa in Stanburry
Q:
Hey can anyone tell me how is the locality of the project ? When is the expected completion date of the project ?
Latest Answer: Hey Gurmeet, do you have any idea about the completion date ?? Are they providing any discounts or negotiations ?
Q:
How is the location of the project ? How about the amenties offered in this project ?
Latest Answer: Some of the key features are, Spacious apartments with a private balcony that overlooks a lush green landscape and a serene lake that makes for a picturesque view with a host of amenities like, Outdoor Badminton court, Aerobics room, Multi purpose hall, Gymnasium & Swimming Pool. This property is good for people who want to buy in and who wants to invest in too.
Q:
Which all units are available currently ? Can you share the price details also.
Latest Answer: I do not have the opportunity to visit the actual property. Can someone please let me know about the architecture and style of construction. I see that they are constructing it in Moroccan style. Please provide your comments.
Q:
How is the location of the project ? Is there any near by educational institutions ?
Latest Answer: Velachery is an emerging residential hub for IT professionals and other office goers working in around places such as Velachery, Taramani, Perungudi, OMR. It is very easily accessible to OMR and ECR roads. Also restaurants like McDonnell, KFC, Subway, Pizza corner, Dominos are near by.
Q:
When is the expected possession date. I am planning to visit the project , please let me know about the location.
Latest Answer: Do you know the price details about the units ? What about the water connection there ?
Q:
Hello all..i am looking forward to invest in RC-Wood Side. Need feedback of builder and all details of the project.
Latest Answer: Yes there are few 3 bhk available in RC-Wood Side. The apartments are priced at Rs 3600 per sq ft.
Q:
hey, what are the future prospects of investing in Chromepet? is this area well connected?
Latest Answer: Chrompet has few upcoming projects such as Lakshmikripa Phase II by Agni Estates and Foundations Pvt Ltd, Navarathna by Mantri Developers, Mansarover by Khivraj Estate Ltd, and Krishna Sarthy by Krishna Sarthy Developers. Click upcoming projects in CHrompet for more details.
Q:
Hi..how much property tax has been collected by Chennai Corporation. Which zone contributed the most..?
Latest Answer: So what could be the reason behid not meeting its target..??
Q:
Hi guys ... what do you think...is it better to purchase a penthouse or a apartment in Chennai..??
Latest Answer: In my opinion, both are great options, although if you compare both in chennai, having a penthouse there may be as good as buying a duplex apartment in Chennai. Suggestion, visit Mahindra Lifespace website to compare. Mahindra Aqualily provides 2 BHK duplex and Mahindra Lakewood 2BHK luxurious apartments.
Q:
Hi all...Please tell about few places in Chennai where i can find luxury projects. I am interested to buy one.
Latest Answer: Chennai has several budding under construction properties being built. Few of which are Lakewoods, Aqualily and Happinest Avadi. Lakewoods are Aqualily are the ones you would want to look into as they are into providing Luxurious Apartments.
Q:
Hi..i got to know that Sobha developers are launching their new residential project in Chennai. I think along with Sobha Meritta they have also launched another project. Any updates..?
Q:
Hi..how are the Villas there..?? i need to buy a VIlla there. Please tell me about the payment schedule too.
Latest Answer: Don't get trap to this rat catcher
SARE are cheaters - they having all hidden charge.. no proper road.. even NH & Railway road are not going to come...
Fyi Maintenance + tax + common EB bill will comes up to Rs 10000 ( one in three month) ..
No body in chennai / Delhi will give detail reports..
Fyi Many flats are idle from Year 2010 - no people coming to occupy / rent because of poor road and main roads distance...
dewy-terrace-flat-owners@googlegroups.com
Q:
There were transportation issues when I was in Chennai. Does the public transportation problem in Chennai solved or it still exists?
Latest Answer: @ Subramanium the public transportation problem still exists. The residents of Mambalam in Chennai are facing everyday improper transportation problem. Moreover there is no proper planning among the transportation, the workers and the over night change of bus routes without any hint.
Q:
Has anyone bought unapproved land? What are risks in buying such property?
Latest Answer: Hi all,
If any one is planning to buy land which is not approved by any authority then land is unregistered.avoid taking such properties as it may take several issues . In legal terms u may suffer while paying property tax.
Q:
I was told that only private banks give home loans, as I am planning to buy a property with B khata? Can anyone share their experience about home loans?
Latest Answer: According to RBI neither nationalised nor private banks are allowed to sanction any home loan against the law of B khata. I do not think B khata properties get home loans from any bank, but I have heard that some of the co-operative banks are doing so through some agents with high rate of interest.
Q:
I heard that RBI is taking the initiative of non-discriminatory and transparent loans pricing. The RBI said that banks who are not going to follow the rules are going to suffer. What is it all about?
Latest Answer: The bank of India tried to help the customers financially but none of them was given the fruit neither the bank nor the loan takers. RBI does not want to face any lose in future for that they have set up a committee to look into the principles of governing proper, non discriminatory, transparent pricing for credit. RBI has also appointed a pricing committee to strengthen the corporate governance.
Q:
Recently Supreme Court has banned the use of plastic bags and the awareness. Is there any alternative then using the plastic bags?
Latest Answer: The reason for not using plastic bags is that the bags does not get decomposes so fast and easily and it creates problem as it jam the drains. So to get rid of the trouble the Supreme Court has banned the plastic bags. There is an alternative of using biodegradable and compostable bag which quickly gets decomposed; the rates of the bags are little high than the normal plastic bags. The demand for these bags is not so high but gradually the demand is increasing.
Q:
The residents of Chennai is suffering with lot of problems with roads, drainage and many more. Now what are the steps the people of Chennai is going to take?
Latest Answer: The residents of Chennai are suffering a lot and at last they could not bare the pain and finaly the RWA wrote a letter to the Mayor describing all the problems but still they are in vain and excepting that the Mayor will soon take some steps.
Q:
It looks like rates of properties in Chennai is going down. What is the reason behind that and even I heard that soon the developers have to claim for the CRISIL and that will be mandatory. What is CRISIL and why they are making it mandatory for all the developers?
Latest Answer: The people in Chennai are paying less heed in buying the properties and as a result the prices of the property are going very low. CRISIL is a global analytical company providing ratings, research, risk and policy advisor services and it is the largest credit agencies, and moreover the developers have to claim for the CRISIL because some of the developers will be putting big hoardings for the advertisement of their project to attract the buyers and people seeing that will invest large amount of money in such project but they may not be happy when it gets completed, so it was made compulsory to claim for the certificate of CRISIL.
Q:
I am a salaried person and planning to buy a property. How do I know I am buying the right property considering high interest rates and increase in rates in the current scenario?
Latest Answer: You should know what your ultimate aim of buying properties is. You should do market research on properties before taking any decision, so that you do not regret later or do not feel the worth of the property. You should ask yourself what is the property for. Is it for investment purpose or for own use. Then after making up the mind go ahead and invest in the property, considering the fact that interest rates are generally going to be high as India’s economy is growing.
Q:
I have heard a lot about Property management. What does it include? What are the services provided by property management and the advantages of hiring them?
Latest Answer: Property management include registration, mutation, coordinating with the builders and owners till possession and later on maintenance of the property. The services offered lighten the work of the owner who is not in the country. If the property is out for rent, then the property is refurbished before lease. The trend of providing complete property management solutions is fast catching up in the India as builders are providing this service along with their real estate projects, for both housing and commercial ventures.
Q:
I want to take a joint home loan. Who can be a co borrower and what is the criteria?
Latest Answer: A co-borrower is one who is liable to pay the loan amount.Joint home loans can be obtained by an applicant along with his/her spouse, parents or own siblings. He is not permitted to take the loan with any person. It is given to married couples or blood relatives such as parents and children.
Q:
Is there any academy for real estate construction workers?
Latest Answer: Confederation of Real Estate Developers’ Association of India will provide training to construction and real estate workers. The academy will come up in Kerala and to be named as “Kerala Construction Academy”.The construction workers will be given a thorough training over all the different wings in the real estate construction industry.
Q:
I am from Chennai but settled in Hyderabad. Recently I read about Adi Dravidar land in newspaper. Is it a crime to hold AD Land?
Latest Answer: Adi dravidar (AD) is used in the state of Tamil Nadu to denote Dalits or backward class of people. Adi Dravidar Welfare Department allotts these type of lands to Scheduled Caste (SC) people. It is a punishable crime to hold, rent or sell AD land.
Q:
I am planning to buy a residential property. What are the documents needed? Is it same for all cities or it differ?
Latest Answer: The documents needed in buying a residential property are Title Insurance, Homeowner’s Insurance Policy, Allotment Letter, Lender’s coverage, approved layout plan, approved building plan, original sale deed, Completion Certificate, etc. As per my knowledge it is same, but confirm once with concerned authorities. Get all these verified by a lawyer first and then proceed with your deal. If you are interested you can post your requirement at
http://www.commonfloor.com/post-public-property-requirement to get matching properties details on your Email and Mobile.
