Sudeep Savanth, Chennai
Posted Discussions
Posted Replies

Review about Color Homes, Color Fields.
Q: Color Fields is big fraud. Please don't buy in their Sholinganallur project.. I don't know about their other projects but I personally know about there Sholinganallur project.

My comments to replies
Plz add me in color homes group . . . .ive booked a new Flat in color avenue perumbakkam yesterday
Hi Chackravarthi, as you have booked a unit in colors avenue, share your experience with this builder as I am also looking to buy units in this project.
8th July 2015

Rachana Bella Casa Possession dates
Q: Hi All, What possession date builder has promised you? when I booked the flat in Jan 2012, he was talking of possession by Dec2013. Later he said it would be in march 2014. But in agreement he put the date as sept2014. Saying that they take buffer of 6 months.

My comments to replies
this is worst project to invest on .i have recently bought flat in bellacasa ready possesion and situation here is worst project and builder to invest into . residents are facing issues of water , electricity security . all builder people behave very nicely till possesion. but soon after possesion they start misbehaving. right from guard to CRM office people treat residents badly. builder is not concerned with any of our problems. daily we face electricity fluctuations which hass damaged my electronic appliances. no light garden area and paths, if we request or complain they behave like we are some beggars. a big no to this builder and this project
Hi Ram, Hello Pradeep, I can understand your concern. I would like to suggest you to consult with a reputed lawyer to know about the legal aspects of the order and what is mentioned in your property agreement. Thanks.
12th November 2015

K.K. Nagar Locality Review
Q: I was planning to buy a property in KK Nagar. Please let me know if it is a good idea to buy a property for end use ?

My comments to replies
K.K. Nagar is the residential destination in Chennai and currently witnessing price dips due to traffic congestion and lack of improvement in physical infrastructure. Locals have been complaining about poor water supply and sewerage facilities since a year.This massive civic infrastructure is probably the reason of reduction price trends in this area.
Hi Chandra, I think you are right and really appreciate your response but in the meanwhile the locality's real estate market had witnessed an uptrend of five per cent in this quarter and the average realty prices being Rs 9050 per sq ft showing the increasing history of capital appreciation.
11th August 2015

Purva Windermere Review
Q: HI I am planning to buy 2bhk. Can you tell me the price details and size quoted for units ?

My comments to replies
Folks, I have booked a flat in Purva Windermere, Pallikaranai, chennai in Mar'2013. Before booking i hv surfed a lot but could not find any true reviews..Since I was in hurry, I booked the flat. Initally they promised me that project will be completed in Mar'2014. But as on date, nothing happened, they have not notified for the internal visit, since 2 years I didnt see my flat. they never allowed to visit the site. Its really tough to deal these guys...they almost delayed the completion by 2 years and still its not over!!!! I have paid 95% of money at the time of booking, now paying EMI for 2 years !!!!! Folks, be aware of Puravankara - they r real cheater they collect your money and make sagreement in such a way that you cant do anything or pressurize them. They take their own sweet time..Dont ever go to this guys, they r cheaters !!!! they will suck your money..difficult to deal with them...they never disclose the status or completion date...had a very bitter experience with Purva
Thank you very much for your guidance. It's a well thought through response.Recently I have contact with the builder concerned person and he said that the project is going to complete till April 2016.
8th July 2015

Possession date, maintence rate, carpet to built up area ratio
Q: Possession date, maintence rate, carpet to built up area ratio. Budget is max 2 crores, want a min 2000 carpet area - 2x2bhk's combined or a 4 bhk which has possession by latest end of the year or readily available

My comments to replies
What is the difference between Super Built-Up Area vs Built-Up Area vs Carpet Area?
Carpet Area of a property is defined as the net usable area from the inner sides of one wall to another. Basically carpet Area includes of the carpet area of the demised premises, toilet areas within the demised premises and dedicated service areas for the demised premises.
25th August 2015

CMDA divide building into three categories....
Q: I need some details about the categories of buildings made by Chennai Metropolitan Development Authority.

My comments to replies
Hi Mr Mouli, As per my knowledge, The rules laid down by the CMDA divide buildings into three types, ordinary buildings, special buildings and multi-storeyed buildings. This classification is based on the height of the buildings, number of households in a plot and extent of commercial activity.
Hi All, The ‘special buildings’ are, as the name suggests, a special type of multi-storeyed buildings. These consist of residential buildings with more than four dwelling units and commercial buildings exceeding 300 meter square (3228 sq. ft.) of plinth area.When it comes to these buildings, the height of 15 m matters more than the use to which they are put, be it residential or commercial.
15th September 2014

Payment Schedule of Alliance Galleria.
Q: I want to know how much sq-ft charge is going on !!!! It's in pre launch , so when will be the possession?

My comments to replies
Hi Harish, As per my knowledge, Payment schedule of Alliance Galleria like :- Booking advance- 2Lac/3Lac, On signing the Agreement within 15 days from date of booking- 20%, On getting the approval from CMDA- 20%, On completion of Foundation of respective block- 15%, On completion of 3rd floor roof slab- 7%, On completion of 6th floor roof slab- 7%, On completion of 9th floor roof slab- 7%, On completion of 12th floor roof slab- 7%, On completion of respective block external painting- 7%, On Handover- 10%.
Hi Guys, As per my knowledge, this project has ample amount of world class amenities like Clubhouse, Swimming Pool, Gym, Children’s Park, Meditation Room , Tennis Court, Squash Court, Basket Ball Court, Snooker, Table Tennis, Jogging Track, Landscaped Gardens, Spa, Health Club, Restaurant & Café, Grocery Shop, ATM, Lounge Library, 24 Hrs power back up , 24 Hrs security & Rain water harvesting.
30th October 2014

How is Chennai Real Estate Market after the global economic downturn?
Q: How is Chennai real estate behaving now a days?

My comments to replies
Hi Pavan, Chennai real estate, one of the steadiest in India and has proved its flexibility just after the global economic downturn that was one of the toughest time period in real estate. The new infrastructural developments such as Outer Ring Road (ORR) and Chennai Metro Rail project that were started during 2014 has led to the emergence of new residential avenues such as Chembarambakkam, Kuthambakkam and Poonamallee along ORR for property investment.
Hi Pavan, As per my knowledge, the emergence of West Chennai as one of the more successful residential micro markets is as a result of affordable pricing, its proximity to the city centre, the presence of employment hubs and a relatively better developed social infrastructure.
10th November 2014

What is the meaning of foreclosed property ?Is it a good idea to buy fore closed property? It may have high discount .
Q: Give description about your Question.

My comments to replies
Hi Mr Srinivas, Foreclosed houses are the houses auctioned by banks to recover the loans that buyers fail to repay and, hence, the cut in prices. Such properties are cheaper by 10-25 per cent of their prevailing market value. Those houses are called foreclosed property. There are many definitions for foreclosed property.
@ Srinivas, The first step of property inspection is to check the property since you wouldn't want to get stuck with one that is not in a good condition or in a neighborhood that is not suitable for you . In fact, online consumer sites host several complaints from people who have bought properties auctioned by banks. Hence, it's important to exercise due diligence. Buyers should find out the property's age, the quality of construction, unit quality, layout, etc, So, it will be useful to engage a broker to ascertain the right price before bidding for a property.
6th December 2014

Tambaram west witnessrise in capital value in the recent quarters.
Q: Tambaram west is still riding high in the real estate market with respect to demand , supply & capital values in the area .

My replies to this discussion
Hi Guys, According to me, Tambaram West features several shopping centers, retail stores and day to day convenience stores. Several banks are also present such as Axis, ICICI, SBI, Indian Bank and Indian Overseas Bank. The Vandaloor-Nemilichery Outer Ring Road connects the locality with different districts such as Madhana Puram, Lakshmi Nagar, Old Perungalathur, Krishna Nagar, Mudichur and Bharathi Nagar. Tambaram railway station is at a distance of 3.5 km from Tambaram West and 10-11 km from Chennai Airport via the Velachery–Tambaram High Road.Hi Guys, According to me, Tambaram West features several shopping centers, retail stores and day to day convenience stores. Several banks are also present such as Axis, ICICI, SBI, Indian Bank and Indian Overseas Bank. The Vandaloor-Nemilichery Outer Ring Road connects the locality with different districts such as Madhana Puram, Lakshmi Nagar, Old Perungalathur, Krishna Nagar, Mudichur and Bharathi Nagar. Tambaram railway station is at a distance of 3.5 km from Tambaram West and 10-11 km from Chennai Airport via the Velachery–Tambaram High Road.
Why CMDA or DTCP or GO approvals are very much neccesary while buying a property in chennai?
Q: Give description about your Question.

My comments to replies
Hi Guys, Like Chandra said , some time it depends on area. I will comment that , DTCP is the town and country planning authority, it is vested with the powers to approve any building plans and layouts. Panchayat does not have the power to approve any layouts. Patta is an extract issued by the register of land holdings maintained usually at the office of the concerned Tehsildar.
Hi All, In my point of view, panchyat approval is also necessary . It is absolutely essential as it is the primary document which establishes the lawful possession and which also carries details about the extent of the property and its measurements. This is issued in the name of the person or persons in whose name the records relating to the holdings are maintained or may be available. The issuance of Patta signifies the lawful possession.
5th January 2015

Ashiana housing would be expanding its operations to Chennai, Kolkata & Pune.

My comments to replies
Hi Guys, I came to know from newspaper that, bulk of the company's business is in the range Rs 30-45 lakh, averaging about Rs 35 lakh per housing at locations like Bhiwadi, Neemrana, Jaipur, Jamshedpur and Jodhpur. Hallol properties are in the lower range of Rs 20-30 lakh, while Lavasa is on the higher range between from Rs 40 lakh to Rs 70 lakh.
@ Madhukar, In my point of view, this builder focus is that there is a dearth of high quality middle income housing- how do you produce high quality middle income housing and make sure that you deliver quality to your customers and builder also do senior living with it so those are the two focus areas.
5th January 2015

HI, we have purchased 20 years old apartment, when will govt demolish that apartment
Q: HI, we have purchased 20 years old apartment, when will govt demolish that apartment

My replies to this discussion
Hi Kumar, In normal case govt will demolish any apartment after 99 years. but may i know whether this apartment is private owned or govt approved apartment.Hi Kumar, In normal case govt will demolish any apartment after 99 years. but may i know whether this apartment is private owned or govt approved apartment.
why buyers are selecting user friendly localities in Chennai?
Q: User friendly localities in Chennai for investment. Anna Nagarm Oragadam, Perungudi & Nugambakkam are showing certain interest among end-user and investors.

My replies to this discussion
Velachery is the most preferred residential option among buyers across Chennai.Velachery is located in South Chennai and is close to IIT Madras. There are multiple factors that soar high on popularity and also it is user friendly destination for those who are working near about this location.Velachery is the most preferred residential option among buyers across Chennai.Velachery is located in South Chennai and is close to IIT Madras. There are multiple factors that soar high on popularity and also it is user friendly destination for those who are working near about this location.
Thiruvanmiyur A preferred destination for Investment in Chennai real estate Market
Q: Is Thiruvanmiyur is better option for investment in Chennai?

My replies to this discussion
Hi, All Very interesting insights. Thanks for your valuable information and I would like to say that the demand for residential properties in Thiruvanmiyur will be steady due to the stabilization of the IT industry along with investments in the different segment has led to people looking at investment options in Chennai.The position of Thiruvanmiyur acts in its advantage. Being at the junction of OMR and ECR, the outlook is very promising and highly investor-oriented.Hi, All Very interesting insights. Thanks for your valuable information and I would like to say that the demand for residential properties in Thiruvanmiyur will be steady due to the stabilization of the IT industry along with investments in the different segment has led to people looking at investment options in Chennai.The position of Thiruvanmiyur acts in its advantage. Being at the junction of OMR and ECR, the outlook is very promising and highly investor-oriented.
Will the first quarter of the new monetary year 2015 be the platform for development of city realty?
Q: Will the first quarter of the new monetary year 2015 be the platform for development of city realty?

My replies to this discussion
Hi Tilak, nice info about property trends, can u tell me which is the best location for investment in 2015?Hi Tilak, nice info about property trends, can u tell me which is the best location for investment in 2015?
My comments to replies
Hi , Property seekers need prices of properties to be stabilise, and engineers have been sitting tight more at costs of development material to drop. The salaried class and lower-wage gatherings need the administration to give more noteworthy push to moderate lodging and affordable segment housing in city.
Positive signs for this year, and real estate agents have been calling 2015 the 'year of recovery'. Multi-crore property exchanges of prime property have been finished and specialists and manufacturer are occupied with scouting for new land for creating both residential and office space.
10th April 2015

Chennai Realty Review : Sholinganallur
Q: Hey, can anyone help me out to find the best place for investment in Chennai?

My replies to this discussion
If anyone who are looking for investment in this locality which offers a wide variety of properties ranging from builder-floor flats to multi-storey apartments to independent houses is the best time and getting good rental appreciation. A 2BHK apartment of 600-1100 sq ft covered area is available for Rs 25-60 lakh and can easily be rented out for Rs 12,000-18,000 per month.If anyone who are looking for investment in this locality which offers a wide variety of properties ranging from builder-floor flats to multi-storey apartments to independent houses is the best time and getting good rental appreciation. A 2BHK apartment of 600-1100 sq ft covered area is available for Rs 25-60 lakh and can easily be rented out for Rs 12,000-18,000 per month.
West Chennai : Residential real estate market
Q: Will residential house is available in West Chennai. I am working in porur and looking for rental house nearby? please suggest.

My comments to replies
Every other localitie are created regarding social and physical base and are effortlessly open through. the Chennai Bypass Road. Both prepared to-move-in and under-development properties are accessible in the district, however its the previous classification whose accessibility is high.
Hi Sameer I have heard that the Outer Ring Road is being developed between Vandalur and Minjur to further ease the commutation.
16th July 2015

Will KK Nagar is the most searchable and preferred realty destination in current real estate market?
Q: Give description about your Question.

My replies to this discussion
Hey, now a day KK Nagar is becoming a key example of transformation area and redevelopment of existing housing blocks has picked up momentum in KK Nagar, whereas older housing board units are being replaced with multistoried apartments, with better amenities.Hey, now a day KK Nagar is becoming a key example of transformation area and redevelopment of existing housing blocks has picked up momentum in KK Nagar, whereas older housing board units are being replaced with multistoried apartments, with better amenities.
Malles review
Q: I want to book an apartment in this project. Is there any discount going on the booking amount? Please share the payment schedule as well.

My comments to replies
Hi Tanu, Yes, they are providing negotiations.. This project is approved by CMDA. It was launched in 2012. Ready to move projects and only a few units left so if you are looking for this project Visit site to verify the construction quality and other necessary information. This project is just opposite to Bharthiya VIdhya School.
Hi all, How about the ground water in perumbakkam or near about this project?
16th June 2015

What is the guide line value @ vembakkam, thiruvadirayapuram villiage,kanchipuram

My replies to this discussion
Vembakkam is a Taluk in Tiruvannamalai District of Tamil Nadu State, India.It is located 98 KM towards North from District head quarters Thiruvannamalai. 90 KM from State capital Chennai towards East.Vembakkam is a Taluk in Tiruvannamalai District of Tamil Nadu State, India.It is located 98 KM towards North from District head quarters Thiruvannamalai. 90 KM from State capital Chennai towards East.
VEMBAKKAM, Veeranamoor guideline value is 60 per sq.ft or 650 per sq. meter for properties like land, plot & UDS. VEMBAKKAM is having Residential Special Type - III class and there are 25 such streets in Veeranamoor.VEMBAKKAM, Veeranamoor guideline value is 60 per sq.ft or 650 per sq. meter for properties like land, plot & UDS. VEMBAKKAM is having Residential Special Type - III class and there are 25 such streets in Veeranamoor.
Booking a home online?
Q: What are the things you must be sure about project while booking property online?

My comments to replies
Hi, few days back leading e-commerce website listed Chennai residential projects in this website and provided discount only for online booking customer. so the buyer must also try to ascertain the reasons for the discount.
E-commerce websites have helped developers to find new ways to improve sales in an inactive market. By displaying their properties online, developers are able to reach out to a wider audience. With features such as interactive 3D floor plans, virtual tours are becoming as good as an actual site visit.These features help developer to convert their prospective buyer into actual buyer.
5th August 2015

can any one tell the ground water availability in Nanmangalam

My replies to this discussion
Water logging is common in some parts of this area, but most of the apartments use rain water harvesting and other such options to control it. It shouldn't be a major problem in Namangalam as such I think.Water logging is common in some parts of this area, but most of the apartments use rain water harvesting and other such options to control it. It shouldn't be a major problem in Namangalam as such I think.
Pristine Pavilion ...
Q: I am planning to shift to Chennai from Bangalore .I need a 3 BHK flat in Chennai. How abt Pristine Pavilion which is located near Guduvanchery by DRA ? They have completed lot of good projects in Bangalore but not sure abt Chennai. What do you think about the project and the Builder?

My replies to this discussion
Mahindra World City is an ideal project for investment.However few other projects in this localities are : 1. Sare Meadowville 2. Sare Shreyas Villas 3. Rachana Royal TownMahindra World City is an ideal project for investment.However few other projects in this localities are : 1. Sare Meadowville 2. Sare Shreyas Villas 3. Rachana Royal Town
Alwarthirunagar locality review
Q: How is the real estate market in Alwarthirunagar and how is the social infrastructure here?

My comments to replies
The social infrastructure in this locality is quite sound. The locality has good educational institutions, hospitals, super market chains, clinics and the third largest mall in Chennai, Forum Vijaya Mallis also very close to the area. The connectivity is also good in this locality.
How is the residential real estate market as well as rental market in this locality?
5th October 2016
Hey Sameer and Subramanya, Can you guys provide me names of some good ongoing projects in Alwarthirunagar?
5th October 2016

SVVD Aspen Villas at Mogappair West
Q: Where exactly is the project and by when will the project get completed? How much will be the price of a villa here?

My replies to this discussion
What will be the number of villas coming up in this project and how much will be the total land area? How is the water supply in this project?What will be the number of villas coming up in this project and how much will be the total land area? How is the water supply in this project?
Which bank is providing home loan for this project? How is the real estate market in Mogappair?Which bank is providing home loan for this project? How is the real estate market in Mogappair?
Feedback on Good Fortune
Q: Friends I am planning to buy a property in Perumbakkam area so please guide me if there are best builders around here?

My replies to this discussion
HI, Here are some good projects by the prominent developer in Perambakkam, Chennai. These are Urban Tree Oxygen, Indiabulls Greens Phase-2, Embassy Residency and Keerthi Onella Hive are among few. To get more details of these project, click this link Flats for sale in Perumbakkam, ChennaiHI, Here are some good projects by the prominent developer in Perambakkam, Chennai. These are Urban Tree Oxygen, Indiabulls Greens Phase-2, Embassy Residency and Keerthi Onella Hive are among few. To get more details of these project, click this link Flats for sale in Perumbakkam, Chennai
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