Current Sq Ft rates at chennai

Hi shanti
your abundance of knowledge amazes me. Great work.
One of my friends, here in Melb was telling me that, most of the builders these days are offering state of art facilities. How true is this comment. Do all these new developments that you are talking about really come with gym, play area, swimming pool, walking tracks, etc etc, all within the complex???
I have last visited chennai in 2005 and its been 10 years since I left the place.. so please give your val comments
Cheers
Sumathy

Originally Posted by shanvy

after looking at the property plus, today, It looks like again the re is buzzing...we have to wait to check the rates...but gst looks a preferred destination suddenly upto madurantakam....we said upto chengelpet ..now we have stretched upto madurantakam with townships coming up from reputed builders...


So who are all the builders in and around OMR.

1.Hiranandani palace
2. DLF
3.Olympia..
4. mantri synergy.
5.L&T Eden garden
6. Purva swanlake
7.Purva grandimere
8. tvh homes
9.chettinad villa
10.rajparis construction
11. metupakkam constructions.
12.Arihant heirloom
13.jains inseli
14.there are lot of other small builders...

sumathy,

all the builders i have mentioned there have all those facilities included in the apartment.

you can google for their websites and check out the layout plans, specification and everything..

Originally Posted by GPriya

Hi Ilites,

The rate per sqft in ashok Nagar is around Rs.5000-6500.

Chaitanya builder has a project in Ashok Nagar (on Dr. Amebedkar Road - next the Jain building) and he sells for Rs.4900 per sqft..I was told by a friend who booked a flat in this project about 6 months ago when the price was Rs.4600 per sqft. This is expected to complete around mid june of 2009 and they still have a couple of units available. If interested, check it out.

Well, for those who are interested in DLF project (Phase ONE) was sold out..But there are a lot of pros and cons to the DLF project. We don't worry about Pros..as it would only help us to decide. But our worry is about CONS, as it would help us to make an informed decision.
Among them, 1. the approach road towards the DLF site is not very decent, as it is thro' a Tsunami rehabilation colony aka slum clearance apartment units/buildings with people living in those raising dogs/chicken/cattle/pigs etc., not a great sight to see/enjoy. Though DLF has plans to build a different approach road, God knows how long will that take to complete. 2. The area of the site is very low, totally immersed in water and hence there won't be any water issues as the water is potable, but its not great for humans due to mosquito and other insects also will have their place of breeding with humans. 3. The layout of the apartment is also not very good 4. The specifications such as the tiles and such stuff is just plain middle class specs.
Overall, the quality isn't great to the liking of many..

Thats about the info I got from my family after visiting the DLF site and gathered info.

Hope the above info helps,
Geeth Priya.

GP,
Thanks for the info. I used to walk in this area during mornings, Ambedkar Road I mean. How good is Chaitanya Builder. Have to check in google. You know anything about this one ?

Shanthi why not come out with your self made check list ? I think it ll be very useful for our members It can be refined and we can all add points to it.

hi vidhya,

Regarding dlf location, i discussed it earlier. chaitany builders don't go by that name . they use their brand name along..shantiniketan.
so they are chaitanyashanthiniketan. there buildings are also good no nonsense style. have seen two of them one at adambakkam, another at alandur..liked both externally.

Shanthi why not come out with your self made check list ? I think it ll be very useful for our members It can be refined and we can all add points to it

Did not understand what you meant by the check list. if you mean what to look when shopping for flats??then have to think and compile..regarding general checklist i have posted that here...
Before you buy a plot/flat check these....
http://www.indusladies.com/forums/ge...-property.html

Other check list will be HT lines, the road width, the layout and other things..if interested we can discuss those also..

Hi,

Chaitanya is good.. I too heard about them and their buildings are unique in style. I believe they have more commercial projects than residential and one of the grade A builders according to my banker ICICI. Beyand this, I can't personally vouch for them as I haven't got any personal experience.

Geeth Priya.

Hi all,

Watch out for the rates cuts in home loans. bank of india, canara bank have already cut by 50 points.

I think you can negotiate a better bargain, even with your banker.

I feel with the US fed cuts, nri's(especially US) will be looking at indian for investments be it deposits, markets, real estate.

What is the current sq feet rate in pozhichaloor(which is close to pallavaram)?

Thanks

Samayal,

Pozhichalur is not a investors paradise. people are still sceptical about the airport acquisition. i have a relative who had brought an unapproved for as low as 2.5lacs/ground 4 years back.

But n ow the airport plan h as been finalised..looks like pozhichalur will also pick up. i think it is 25/35lacs per 1ground depending on where the property is.

Hi all this is what is the rate for purvankara windmere project which i got in my mail yesterday. looks cheaper compared to navin's brookfield..but again navins brookefield is on the main road on the medavakkam high road..and this purvankara is near to the thoraipakkam-pallavaram high road that is c oming up...

Rate(per sq. ft.)	Type	Super Area (sq.ft.)	Basic Sale Price(Rs.)
2790	2BR-2T	1210	33,75,900
2790	3BR-2T	1350	37,66,500
2790	3BR-3T	1686	47,03,940
2790	3BR-3T	2090	58,31,100
2790	4BR-4T	2364	65,84,400
2790	4BR-4T	2617	73,01,430

Shanvy,

Thank you very much for your reply. What is the current rate in adambakkam,naganallur,chrompet. I'm looking to buy individual ground or home.

Thanks in advance