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I plan to visit Chennai next week for a 6 week vacation. I am seriously looking to buy a brand new apartment in OMR area (Thoraipakkam and such areas) ..during my visit.
Can any Chennaivasi give an idea about the current market trend and what can I expect? The builders are quoting approximately Rs.4000 to 4500 per SQFT for a new construction plus extras like parking etc., I am sure there will be some room for negotiation.. but I want to be knowledgeable before I start negotiating with the builders. I am already in the process of gathering as much info as possible via the net and I would really appreciate your input on this.
Also, please let me know if OMR 6 lanes highway has progressed enough for the free flow of traffic and how far the public transport system is functioning in that area.
Your feed back within the next week would be very helpful.
Thanx and regards,