Current Sq Ft rates at chennai

Hi Vidya,
Sorry for buzzing in.

I thought the following link might help you regarding TIN number

Taxpayer Identification Numbers (TIN)

hi

ya u can check the same in Real Estate India,Property in India,No.1 Real Estate Site - 99acres.com

regards,
magi

Originally Posted by MeenLoch

Hi,
Does anyone know a reliable website which gives me the current sq ft rate for flats in various areas ?
I know magicbrics.com is a site for availability of houses in chennai...Any other relaible site ?

Also what do chennai iLites feel about the price rise of flats. Don't you think, it s getting costlier. I saw the news today, chennai is going to undergo a tranformation into a truly big metropolitan city. I feel the rates are making matters worse by making it unaffordable to so many. I havent seen any price corrections lately.

Thanks to IT revolution. They pay without much bargaining and the property price increases by word of mouth. Not just property, but whole of 'living costs'
Is there a light at the end of the tunnel ?

Thanks for the links..
Here s something that came in news about fixed and floating interest rates..Please read

From Economic Times

Let s keep the discussion on. If someone wants to share his/her experience here on buying a house, please write..

Originally Posted by MeenLoch

Thanks for the links..
Here s something that came in news about fixed and floating interest rates..Please read

From Economic Times

Let s keep the discussion on. If someone wants to share his/her experience here on buying a house, please write..

Hi vidya,

That is a good news for new borrowers. but i had taken floating in december at 9% and now it has touched 11+%. waiting for november.:confused:

As i already stated always read the print clearly. sbi reset clause is very clearly mentioned in their website itself.

so go shopping with more details and questions to the manager or person who is allocated to you.

I will come back about how i shopped and finalised my house later.....

Shanvy,

Your answers were quite informative . do u stay near adambakkam/ Mount?
coz i stay in adambakkam next to Vanumpet church and its been already 2 years looking to buy a flat and at last ended up buying a land at Tambaram.

as u have mentioned the rates are rising to the sky and the intrest too . its almost comes to 16% for a home loan .

Originally Posted by rs18

Shanvy,

Your answers were quite informative . do u stay near adambakkam/ Mount?
coz i stay in adambakkam next to Vanumpet church and its been already 2 years looking to buy a flat and at last ended up buying a land at Tambaram.

as u have mentioned the rates are rising to the sky and the intrest too . its almost comes to 16% for a home loan .

Hi ramya,

I had been too much involved in finding a property for investment purpose for the last 2 years. after too many many discussions, had finalised a property this jan.

i know it is booming. the mrts link from velachery into mount via puzhuthivakkam is increasing rates. but i find lot of constructions going on.

If you are still interested i will give you details. yes interest is going up.. according to my husband he says until there is a stability achieved in the re the rates are not going to go south..he still thinks it will be northwards only.(that is on the rise)..

So where did you buy in tambaram and how much did you pay.

I am sending a pm also.

Originally Posted by shanvy

Good investment aishu. Yes now have a clear picture of the area you are mentioning. good one.

I bought my duplex in jan this year for 24 and now it is going at 35lacs. yes it is skyrocketing... but looks more like south chennai is buzzing.. but it may still come down to a reasonable stability.

Hello shanvy

being a IL reader for the past few days I find very useful informations of RE from you one of my friend bought a duplex house in madipakkam for 50 lacs May 2007 do you think this is the market rate the land 1200 and built area is 1700 need your feed back coz my friend is worrying of this high price
thanks
nachima

Hi yamuna,

MAy 2007, real estate was at its peak...there is stability...but that was the rate going on in madipakkam....if it is not in the areas where there is waterlogging and is near to amenities..it is a good buy....tell your friend not to worry....

But now you may get the same house for 45lacs...but not less than that...
because my property which i brought at 24 in january was at 35 in may
and has stabilised at 30-32lacs...

so dont worry about the high prices...with the mrts that will link velachery to alandur..adambakkam..and the 200ft road from thoraipakkam to pallavaram.completion ......

Originally Posted by n.yamuna

Hello shanvy

being a IL reader for the past few days I find very useful informations of RE from you one of my friend bought a duplex house in madipakkam for 50 lacs May 2007 do you think this is the market rate the land 1200 and built area is 1700 need your feed back coz my friend is worrying of this high price
thanks
nachima

Hi shanvy

thank u so much for your response regarding the property rate and the school details
and sory for my delayed reply
my son has taken french as his third lang., and he is not ready to take hindi/sanskrit as his second lang in his 9th and 10th so I have very few choice regarding his school admission, and do u know about modern senior sec., school ags colony, does this school has french?

please let me know as I have to plan accordingly first I need to know about the details in that case this forum is very very useful my sincere thanks to all IL coz they are dedicating their valuable time
thanks
yamuna

Originally Posted by n.yamuna

Hi shanvy

thank u so much for your response regarding the property rate and the school details
and sory for my delayed reply
my son has taken french as his third lang., and he is not ready to take hindi/sanskrit as his second lang in his 9th and 10th so I have very few choice regarding his school admission, and do u know about modern senior sec., school ags colony, does this school has french?

please let me know as I have to plan accordingly first I need to know about the details in that case this forum is very very useful my sincere thanks to all IL coz they are dedicating their valuable time
thanks
yamuna

Hi yamuna,

Which school does he go..ISM/ISG. because third language as far as i know is Arabic. my kids went to ism.

Modern school does not have french...and they have sanskrit/hindi/tamil as second languages/third.

I can understand your problem as i faced the same last year. my DD had taken french.